SMC Order Block EA
Smart Money Concepts, automated on MetaTrader 5.
An open-source expert advisor by Owl Vision. Free, and the full MQL5 source is on GitHub.
Trading carries risk. Published results come from backtests over a small number of trades, and are not a promise of future performance. Test on a demo account first.
A trading bot that waits for the setup it was told to wait for.
Smart Money Concepts gives you a way to read a chart: price leaves behind order blocks, and it tends to come back to them. The hard part is being patient enough to trade only when the idea actually lines up.
That is the whole job of this expert advisor. It watches for the level on one timeframe, waits for the confirmation on another, and does nothing at all until both agree.
The level on one timeframe. The trigger on another.
Order Blocks are mapped on the higher timeframe. That is where the level comes from. The entry is confirmed by a CISD on the lower timeframe, and that is the trigger.
The two timeframes are fixed in pairs, so they can never be set to a combination that does not make sense.
- H4 to M15
- H1 to M5
- M15 to M1
It shows its working.
Everything the bot is reasoning about is drawn on the chart, labelled, so you can check it against your own read rather than trusting a black box.
Order blocks
Each one marked and numbered, with its candle count.
Retests
Flagged on the chart when price returns to a level.
CISD confirmation
Shown at the moment the setup completes.
Trend filter
A multi-timeframe check on the direction being traded.
On-chart panel
The state of the bot, visible while it runs.
Shipped with settings, and with their results.
The repository includes preset files and names a recommended one, so it runs a sensible configuration out of the box with nothing loaded.
Measured results for those presets are published in the repository alongside the number of trades behind them, including where a small sample means a win rate should be read as a direction rather than a number to rely on.
All of it is readable.
The full MQL5 source is on GitHub. You can read exactly how an entry is decided, change it, test your own version, or lift the parts that are useful to you.
The details.
- Runs on
- MetaTrader 5
- Requires
- MetaTrader 5
- Price
- Free and open source
- Version
- , updated 5 October 2026
- Languages
- MQL5
- Category
- Trading
- Source
- Open, on GitHub
- Strategy
- Smart Money Concepts, Order Blocks with CISD confirmation
- Timeframe pairs
- H4 to M15, H1 to M5, M15 to M1
- Repository
- github.com/MrOwl1011/Smc_ZOB_CISD
- Built by
- Owl Vision
Read it, run it, change it.
Clone the repository into your MetaTrader 5 Experts folder and compile it in MetaEditor.
Trading carries risk. Published results come from backtests over a small number of trades, and are not a promise of future performance. Test on a demo account first.
Owl Vision does not manage money, take deposits, or sell signals. This is software you run yourself, on your own account.