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Smart Money Concepts Indicator for MetaTrader 5

Institutional-style market analysis rendered directly on your chart: order blocks, liquidity zones, market structure, and fair value gaps.

MQL5 MetaTrader 5 Open Source

Overview

The Smart Money Concepts (SMC) indicator brings institutional-style market structure analysis to MetaTrader 5: market structure shifts, liquidity grabs, order blocks, and fair value gaps, all rendered directly on your chart. Built for traders who follow Smart Money Concepts and ICT-style methodology on forex, indices, and crypto.

Features

  • Automatic market structure detection: Break of Structure (BOS) and Change of Character (CHoCH)
  • Order block and liquidity zone visualization
  • Premium / Discount price zones
  • Fair Value Gap (FVG) highlighting
  • Clean, customizable colors and labels
  • Lightweight and fast on any MetaTrader 5 chart

Screenshots

Screenshot 1 Screenshot 2 Screenshot 3 Screenshot 4 Screenshot 5 Screenshot 6

Installation

  1. Download the .ex5 file from this repository.
  2. Copy it into the Indicators folder of your MetaTrader 5 data folder.
  3. Restart MetaTrader 5 and attach the indicator to any chart.

Documentation

Indicator parameters are documented directly in the source code (.mq5).

Tags

smart-money-concepts order-blocks liquidity market-structure fair-value-gap ict-concepts forex metatrader5 mql5 trading-indicator open-source

Need something custom?

This repository is a free reference. If you need an Expert Advisor built or fixed, an indicator ported from MQL4 to MQL5, a Telegram signal bot, or a trade copier, I build them to order and deliver the full source code.

Author

Built by Ismael LADJOHOUNLOU. Star the repository if you find it useful, and feel free to open issues or pull requests.

About

Smart Money Concepts indicator for MetaTrader 5: order blocks, liquidity zones, market structure, FVG. Open-source, for forex & crypto.

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