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SMC System MT5 is a chart indicator that marks market structure, order blocks, fair value gaps, premium and discount zones and equal highs and lows using smart money concepts. It draws on the chart and sends alerts but does not place trades.
Get one message the moment it launches, with its price.
SMC System MT5 is a chart indicator for traders who use smart money concepts. It automatically marks market structure, order blocks, fair value gaps, premium and discount zones and equal highs and lows, so you do not have to draw each element by hand.
The indicator reads price data on the chart and draws objects directly on it. It does not open or manage trades. You use the drawings as a visual map and decide yourself whether a setup fits your plan.
Because the indicator works from chart prices, it can be attached to any symbol in your MT5 terminal and to any timeframe. Structure on a lower timeframe will look very different from structure on a higher one, so many users check more than one chart. Behaviour varies between instruments and sessions, so review it on the symbols you trade before relying on it.
The exact input names and defaults can differ between builds, so check the inputs tab after attaching it. The main areas are listed below.
| Area | What it controls |
|---|---|
| Mode | Historical mode for a full overview, or present mode to focus on recent activity |
| Fair value gaps | Auto threshold, how far gaps extend, and the timeframe used |
| Confluence filter | Reduces less significant internal breakouts |
| Equal highs and lows | Number of bars used for confirmation |
| Previous highs and lows | Daily, weekly or monthly levels |
| Style | Coloured or monochrome drawing, optional candle colouring |
| Alerts | BOS, CHoCH, order blocks, equal highs and lows, premium and discount zones |
Alerts can be switched on for each type of event. Depending on your terminal setup, they can appear as pop-ups or be sent to a mobile device through MetaQuotes ID. Configure the notification settings in MT5 before relying on them.
Trading carries risk, and past results do not predict future ones. Structure labels and zones are interpretations of price, not signals of what will happen next. Test the indicator on a demo account and use your own risk management.
This product is for MetaTrader 5 only. If you use MT4, look for the separate MT4 edition.
| Product type | Indicator |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Trend, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Indicator (no automated trading) |
| Approach | Smart money concepts, price action, market structure |
| Strategy tags | Trend, support and resistance |
| Markets | Any symbol available in your MT5 terminal |
| Timeframes | Any chart timeframe; higher-timeframe levels from D1, W1, MN |
| Alerts | BOS, CHoCH, order blocks, equal highs and lows, zones |
| Requirements | MT5 desktop terminal with indicators allowed |
No reviews yet. Customers who own SMC System MT5 can review it here.
No. It is a charting indicator. It draws structure labels, zones and levels and can send alerts, but it does not place, modify or close orders. All trading decisions and order entries are made by you.
This page is for MetaTrader 5. The author also makes a separate MT4 edition, which is a different product and will not load in MT5. Make sure the platform on the page matches the terminal you use.
It runs on any broker that offers MT5, because it only reads the price data on your chart. You can attach it to forex pairs, metals, indices or other symbols and to any timeframe. Results depend on how each market behaves, so test it on your own instruments first.
Extract the downloaded archive, open MT5, choose File then Open Data Folder, and copy the indicator file into MQL5/Indicators. Restart MT5 or refresh the Navigator, then drag the indicator onto a chart. If it does not appear, check that the file is the MT5 build.
Yes. The indicator offers a historical mode for a full overview and a present mode focused on recent activity, along with filters, colour styles and timeframe choices. Check the inputs tab for the exact options and defaults in your copy.
No indicator can promise that. It shows one way of reading price structure. Trading carries risk and past results do not predict future ones, so test on a demo account before using it with real money.
SMC System MT5
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