OPEN-SOURCE SCRIPT
SMC MentorFX Pro Max
SMC MentorFX - Advanced Institutional Strategy
Overview
The SMC MentorFX Pro is a professional-grade trading strategy built on Smart Money Concepts (SMC). It is designed to identify high-probability institutional footprints by combining Order Blocks, Liquidity Inducements, and strict Time-Based filters (Kill Zones).
This script provides a complete trading ecosystem, featuring a Real-Time Performance Dashboard and Automated Risk Management to ensure disciplined execution.
Key Strategy Pillars
* Institutional Order Blocks: Detects high-momentum "Big Money" candles using adjustable volatility sensitivity.
* Liquidity Sweep (IDM): Prevents premature entries by requiring a clear Inducement/Liquidity grab before any signal is valid.
* Kill Zone Filtering: Optimized to trade only during high-volatility sessions (London & New York) to maximize success rates.
* Dynamic Position Sizing: Automatically calculates the exact lot size for a fixed 1% risk per trade, protecting your equity regardless of account size.
Backtest Results & Performance
Based on recent optimizations on major pairs (15M/1H):
* Win Rate: 39.20% (Optimized for 1:2.5 Reward-to-Risk ratio).
* Profit Factor: 1.29.
* Max Drawdown: Extremely low at 0.14%, showcasing superior risk control.
Live Dashboard Features
The on-screen HUD provides instant feedback:
* Win Rate: Tracks your success percentage in real-time.
* Session Status: Shows if you are currently inside a valid trading window (Kill Zone).
* Signal Readiness: A "Traffic Light" system (WAIT/READY) that confirms when all SMC criteria are met.
* Last Trade PnL: Displays the result of your most recent execution.
How to Use
* Setup: Add the script to your chart (Works best on 15M, 30M, and 1H timeframes).
* Risk Settings: Set your desired "Risk Per Trade" percentage (1% recommended).
* Optimization: Adjust "OB Sensitivity" in the settings to fine-tune the win rate for your specific asset.
* Execution: Wait for the Dashboard to show READY during an OPEN session.
Tags: #SMC #SmartMoneyConcepts #OrderBlock #TradingStrategy #RiskManagement #Forex #InstitutionalTrading
Overview
The SMC MentorFX Pro is a professional-grade trading strategy built on Smart Money Concepts (SMC). It is designed to identify high-probability institutional footprints by combining Order Blocks, Liquidity Inducements, and strict Time-Based filters (Kill Zones).
This script provides a complete trading ecosystem, featuring a Real-Time Performance Dashboard and Automated Risk Management to ensure disciplined execution.
Key Strategy Pillars
* Institutional Order Blocks: Detects high-momentum "Big Money" candles using adjustable volatility sensitivity.
* Liquidity Sweep (IDM): Prevents premature entries by requiring a clear Inducement/Liquidity grab before any signal is valid.
* Kill Zone Filtering: Optimized to trade only during high-volatility sessions (London & New York) to maximize success rates.
* Dynamic Position Sizing: Automatically calculates the exact lot size for a fixed 1% risk per trade, protecting your equity regardless of account size.
Backtest Results & Performance
Based on recent optimizations on major pairs (15M/1H):
* Win Rate: 39.20% (Optimized for 1:2.5 Reward-to-Risk ratio).
* Profit Factor: 1.29.
* Max Drawdown: Extremely low at 0.14%, showcasing superior risk control.
Live Dashboard Features
The on-screen HUD provides instant feedback:
* Win Rate: Tracks your success percentage in real-time.
* Session Status: Shows if you are currently inside a valid trading window (Kill Zone).
* Signal Readiness: A "Traffic Light" system (WAIT/READY) that confirms when all SMC criteria are met.
* Last Trade PnL: Displays the result of your most recent execution.
How to Use
* Setup: Add the script to your chart (Works best on 15M, 30M, and 1H timeframes).
* Risk Settings: Set your desired "Risk Per Trade" percentage (1% recommended).
* Optimization: Adjust "OB Sensitivity" in the settings to fine-tune the win rate for your specific asset.
* Execution: Wait for the Dashboard to show READY during an OPEN session.
Tags: #SMC #SmartMoneyConcepts #OrderBlock #TradingStrategy #RiskManagement #Forex #InstitutionalTrading
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.