Smart Money Concepts Expert MT5 Download – Free – [TradingFinder]

The Smart Money Concepts Expert is a specialized tool for automatically displaying liquidity levels based on the Smart Money methodology.

This expert adds a floating panel to the chart, enabling users to manage different components of the market structure. Each section of the panel corresponds to a core Smart Money concept. By enabling or disabling options, users can automatically draw or remove elements on the chart.

Smart Money Concepts Expert Specifications Table

The table below presents the specifications of the Smart Money Concepts Expert.

Smart Money Concepts Expert at a Glance

The Smart Money Concepts Expert is designed based on institutional behavior and liquidity flow in financial markets.

This trading tool utilizes concepts such as structure breaks, Order Blocks, FVG, and other components to scan the chart in real time and overlay precise analytical data directly on the chart.

Installation Steps for the Expert in MetaTrader 5

A complete step-by-step guide for installing and running the expert in MetaTrader 5 is provided in a separate tutorial.

To access the details, refer to the educational content titled Installing Experts in MetaTrader 5.

Enabling the "Allow automated trading" and "DLL" Options

To properly run the Smart Money Concepts Expert, the "Allow automated trading" and "DLL" options must be activated.

The steps for these settings are as follows:

1. First, go to the "Tools" menu in the top bar of MetaTrader 5
2. Then click on the"Options" button
3. In the "Expert Advisors" tab, check the following boxes:
   1. Allow automated trading
   2. Allow DLL imports

How to Obtain a License Code

To receive a free license code, you can contact us via messaging platforms such as Telegram or WhatsApp.

Entering the License Code

Once the expert is added to the chart, the main panel will automatically appear. In this panel, there is a section titled "Your License." Enter the received license code exactly, without any added spaces or modifications, then confirm the entry.

Managing Smart Money Analytical Components

The initial section of the panel is designed to automatically display core Smart Money concepts. When each option is enabled, its corresponding element is drawn automatically on the chart.

Zigzag Structure of Price Swings

By enabling the "Zigzag" option, the oscillating price movement is graphically plotted on the chart. This structure plays a crucial role in identifying major waves, price trends, and directional shifts.

Displaying Breaker Block Zones

When the "BB" option is activated, Breaker Block areas are identified and drawn on the chart as green-colored boxes.

Inverse Fair Value Gaps (IFVG)

Inverse Fair Value Gaps (IFVG) typically appear during market reversals or corrective phases. These zones indicate an imbalance between buying and selling pressure.

Killzone Areas

When the Killzone option is activated, specific time windows are displayed on the chart, indicating periods of highest trading volume and volatility.

Order Blocks

When the "Order Block" option is enabled, the expert automatically identifies and draws areas on the chart as Order Blocks.

Fair Value Gaps (FVG)

By selecting the Fair Value Gaps (FVG) option, price gaps between candles can be identified. When prices return to these zones, trade positions may be activated, depending on market conditions.

BPR Area

The "BPR" option refers to the overlap between two Fair Value Gap zones. The expert draws these zones using colored boxes.

Market Structure

The "M Structure" option displays components such as Change of Character (CHoCH) and Break of Structure (BOS), among others, as lines and labels.

Expert Custom Settings

The second section of the panel is dedicated to expert performance settings, allowing management of how analytical zones are displayed and the number of candles analyzed.

• Candles to Check: Number of candles processed on the chart
• Last Blocks: Display the most recent blocks detected
• Untested: Highlight untouched historical areas
• Void: Display the number of consumed blocks

Conclusion

TheSmart Money Concepts Expert is designed for MetaTrader 5, aiming to deliver Smart Money insights, including market structure, key price zones, and analytical components.

Its functional and adjustable panel enables users to personalize the display of different concepts. Combined with advanced settings, it offers full control over the expert's performance.