Ex Machina Smart Money Concepts
This professional-grade solution for MetaTrader 5 helps traders achieve greater efficiency in their daily workflow. This technical indicator acts as a specialized analysis tool designed to visualize market data. It helps traders identify emerging trends, momentum shifts, and key support or resistance levels by plotting statistical calculations directly onto price charts.
How to Setup and Use Ex Machina Smart Money Concepts
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
Description & Settings
ExMachina Smart Money Concepts v1.0
— part of the ExMachina Trading Systems free Code Base collection. A complete Smart Money Concepts (ICT methodology) indicator for MetaTrader 5, built from scratch in native MQL5.
Core Features
Structure Detection (BOS / CHoCH)
- Internal structure (short-term pivots, default length 5)- Swing structure (long-term pivots, default length 50)- Independent bull/bear filters: show All, BOS only, or CHoCH only- Confluence filter to remove insignificant internal breakouts- Dashed lines for internal, solid for swing — with labels at midpoint
Order Blocks
- Internal and Swing order blocks detected at structure breaks- Automatic detection of the extreme candle (supply/demand zone origin)- Configurable mitigation: by Close or by High/Low- Live rectangles extending to current bar, auto-removed on mitigation- Up to 100 OBs tracked internally, configurable display count (1-20)
Fair Value Gaps (FVG)
- Standard 3-candle gap detection (low[0] > high[2] or high[0] < low[2])- Auto threshold filter based on body percentage- Two-tone box display (top half + bottom half)- Automatic mitigation when price fills the gap- Configurable extend bars
Equal Highs / Equal Lows (EQH/EQL)
- ATR-based threshold detection- Dotted line connecting equal levels + label- Configurable sensitivity (0 to 0.5)
Strong/Weak High/Low
- Trailing swing extremes with live horizontal lines- Dynamic labels: “Strong High” / “Weak High” based on swing bias- Extends 20 bars into the future
Premium / Discount / Equilibrium Zones
- Three zones based on trailing swing range- Premium (top 5%), Equilibrium (middle 5%), Discount (bottom 5%)- Semi-transparent rectangle display
Dashboard
- Swing Bias, Internal Bias, Active OB count, Active FVG count, Last Signal- Full ExMachina steel theme (dark background, Consolas font, accent colors)
Architecture
4 custom structs (SPivot, SOrderBlock, SFairValueGap, STrailing)
Object-based rendering (OBJ_TREND, OBJ_RECTANGLE, OBJ_TEXT)
No external dependencies, no iCustom calls
ATR(200) via iATR handle for volatility measurement
1,334 lines, 53 inputs in 9 groups Inputs (9 groups)
General: mode (Historical/Present), style (Colored/Monochrome), color candles
Internal Structure: show, bull/bear filter, pivot length, confluence, colors
Swing Structure: show, bull/bear filter, pivot length, swing points, strong/weak, colors
Order Blocks: internal/swing on/off, max count, mitigation method, 4 color inputs
Equal Highs/Lows: show, confirmation bars, threshold
Fair Value Gaps: show, auto threshold, extend bars, colors
Premium/Discount: show
Dashboard: show, position, font size
Works on all symbols and all timeframes. Original implementation — not a port.
Developed by
ExMachina Trading Systems
— Precision before profit.
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Tags (comma-separated)
smart money concepts,SMC,ICT,BOS,CHoCH,order blocks,fair value gaps,FVG,equal highs,equal lows,EQH,EQL,premium,discount,structure,swing,internal,trend,dashboard,alerts,free,forex,gold,XAUUSD
Category
Technical Indicators
Subcategory
Trend Indicators
