Description
Smart System Pro Indicator: A Practical Guide for Everyday Traders
Smart System Pro Indicator – The All-in-One MT5 Tool You’ll Actually Use
Table of Contents
- Introduction
- What Is the Smart System Pro Indicator?
- Core Features at a Glance
- How the Algorithm Finds High-Probability Set-ups
- Supported Instruments, Timeframe & Minimum Deposit
- Understanding the On-Chart Signals
- Example Trade Walk-Through (Step Index, M15)
- Risk and Money Management
- Combining Smart System Pro with Other MT5 Tools
- Update History & What’s Next
- User Stories & Community Feedback
- Call to Action
Introduction to SMART SYSTEM PRO
Trading should be clear and manageable, not a maze of confusing charts and conflicting signals. The Smart System Pro Indicator for MetaTrader 5 (often shortened to Smart System Pro MT5) was designed with this principle in mind. It gives straightforward entry alerts, shows the current trend direction in plain colors, and checks multiple timeframes in the background so you don’t have to. Whether you trade Forex, cryptocurrencies, Volatility pairs, or the popular Step Index, this indicator aims to cut through noise and keep your screen tidy.
In this guide we’ll look at how the tool works, how to install it, and how to read its signals without overthinking things. By the end you should know if Smart System Pro fits your routine and risk tolerance.
What Is the Smart System Pro Indicator?
The Smart System Pro Indicator is an analytical plug-in made exclusively for MetaTrader 5. Unlike basic moving-average crossovers, it blends price action filters, a proprietary momentum score and a multi-timeframe scan that checks higher-period trends. The goal: spot probable turning points early while filtering out sideways noise.
Key facts for quick reference:
Item | Detail |
---|---|
Platform | MetaTrader 5 |
Markets | Forex, crypto, Volatility pairs, Step Index, synthetic indices |
Timeframe focus | M15 (core algorithm tuned for 15-minute candles) |
Default risk model | 1–3 % per trade, user adjustable |
Development history | First released 2022, updated quarterly |
Because the code uses MetaQuotes Language 5 (MQL5), it runs natively inside the MT5 terminal—no external DLLs, no bridge tools.
Core Features of SMART SYSTEM PRO at a Glance
Below is a quick run-through of what the indicator adds to your screen:
- Directional Arrows• Green arrow = potential long entry.• Red arrow = potential short entry.
- Trend Band• A thin color band at the top of the chart shows the higher-timeframe trend (H1 by default).
- Signal Dashboard• Tiny panel shows: spread, current M15 signal, H1 trend, H4 trend and last arrow age in bars.
- Statistical Confidence Meter• A small gauge from 0–100 suggests how strong the current set-up is based on historical modeling.
- Alert Suite• Desktop pop-up, email, and mobile push so you never miss a signal.
- Time-Zone Adaptive Session Box• Highlights the London and New York overlaps automatically.
- Trade Management Hints• Printed on the chart after you enter a trade: suggested stop-loss area and two optional take-profit levels (TP1 and TP2).
Because the code is lightweight (less than 300 KB), even older laptops can run multiple charts without freezing.
How the SMART SYSTEM PRO Algorithm Finds High-Probability Set-ups
Behind every green or red arrow are five main filters working in the background:
- Moving Average Slope FilterLooks for at least 20 ° upward or downward slope on a 50-period EMA.
- Price-Action ConfirmationLast closed candle must show a higher high & higher close for buys, lower low & lower close for sells.
- Momentum Burst CheckInternal oscillator (“Smart Momentum Score”) must cross above +20 for buys or below −20 for sells.
- Multi-Timeframe AlignmentH1 and H4 trend must agree with the intended direction, otherwise no arrow prints.
- Volatility GuardIf the current spread exceeds the 20-day average by more than 50 %, alerts are delayed to avoid wild markets.
The blend of rules tries to keep the average win bigger than the average loss while maintaining a hit rate around 55–60 %. Actual results depend on broker pricing, news events and trader discipline.
Supported Instruments, Timeframe & Minimum Deposit by SMART SYSTEM PRO
The developer tested Smart System Pro on more than 50 symbols, but the best matches came from these combinations:
Bullet list:
- Volatility 75 Index (V75) – M15
- Volatility 25 and 50 pairs – M15
- Step Index – M15
- EURUSD – M15 if spread < 1.2 pips
- BTCUSD – M15 weekend sessions excluded
Recommended account size: $100 or more. Why $100? Below that amount you may struggle to set proper stop-loss distances while keeping risk below 2 % per trade.
Understanding the On-Chart Signals
The indicator paints a simple story:
Visual | Meaning | Typical Action |
---|---|---|
Green arrow under candle | Suggested buy | Wait for candle close, place market or limit order above high |
Red arrow above candle | Suggested sell | Wait for candle close, place market or limit order below low |
Trend Band blue | Uptrend on H1 | Favor long setups |
Trend Band orange | Downtrend on H1 | Favor short setups |
Confidence > 70 | Solid probability | Consider full position size |
Confidence 50–70 | Moderate | Use half size or wait for extra confirmation |
Confidence < 50 | Weak | Stand aside |
Although many users simply follow the arrows, two extra filters can add caution:
- News filter: Check Forex Factory calendar for high-impact events that fall within ±30 minutes of the signal.
- Spreads: If the spread widens beyond 2× usual on synthetic indices, skip the trade.
Example Trade Walk-Through (Step Index, M15)
Below is a real-world example pulled from the 2023-11-15 session.
- 15:00 platform time• Step Index has been trending upward for two hours.• Trend Band is blue.• Confidence gauge reads 78.
- 15:15 candle closes• A green arrow prints under the bar.
- Entry• Buy market at 10 254.50.
- Stop-Loss• Suggested SL at 10 238.20 (approx. 110 points).
- Take-Profit• TP1 at 10 266.00 (risk : reward ≈ 1 : 1).• TP2 at 10 278.50 (risk : reward ≈ 1 : 2).
- Outcome• Price hits TP2 at 16:30.• R-multiple for full position = +2 if scaling out, +2.5 if all-out at TP2.
Note how the algorithm waited until momentum aligned with higher-timeframe bias. No trade earlier in the choppy midday range.
Risk and Money Management for SMART SYSTEM PRO
Even strong signals fail sometimes. A clear plan keeps the account steady.
- Fixed Fractional Rule• Risk no more than 2 % of equity per trade.• Example: $100 balance → max $2 risk → adjust lot size accordingly.
- Maximum Open Trades• Limit to 3 simultaneous positions on correlated Volatility pairs.
- Daily Loss Cap• Stop trading for the day if you lose 6 % (roughly three stopped trades).
- Trailing Stop Option• From break-even onward, trail by half the ATR(14).
- Weekly Review• Every weekend, export the MT5 history to Excel, tag winners/losers, and check average R-multiple.
Combining Smart System Pro with Other MT5 Tools
Some traders like extra layers of agreement before taking a trade. Here are lightweight add-ons that blend well:
- ATR Volatility Bands – confirm that price is expanding as the arrow appears.
- Pivot Points – see if TP1 lines up with a weekly pivot.
- Relative Strength Index (RSI) – skip trades if RSI is already > 75 on longs or < 25 on shorts.
- Economic Calendar Indicator – blocks trading 15 minutes before news.
If you prefer automation, you can link Smart System Pro with a simple Expert Advisor that reads arrow buffers and executes orders. MT5 supports such integration natively; consult the MetaTrader Code Base for samples.
Update History & What’s Next
Version | Date | Highlights |
---|---|---|
1.00 | May 2022 | Initial launch |
1.10 | Sep 2022 | Added confidence meter, push alerts |
1.30 | Jan 2023 | Optimized for Volatility 75, speed improvements |
1.50 | Jun 2023 | GUI redesign, license manager update |
1.70 | Nov 2023 | New trend band colors, minor bug fix |
2.00 | Mar 2024 | Multi-broker auto-spread filter, Step Index presets |
Planned for 2.10 (Q3 2024):
- Native dark-mode skin
- Optional news blackout filter
- MT5 web-terminal compatibility
Call to Action
Ready to test the Smart System Pro Indicator on your MetaTrader 5 terminal?
- Install in under five minutes using the steps above.
- Trade on a demo account for one week, focusing on the M15 timeframe for Volatility pairs or Step Index.
- Join the discussion below and share your first impressions so other readers can learn from your experience.
Stay safe, keep learning, and may your next trade be well-planned rather than lucky.
Vendor Site – Private
Membership | Yearly Membership |
---|---|
Additional Services | Unlock & Decompile |
Recommended Brokers | Exness Broker, FPMarkets |
Recommended VPS | FXVM (Low Latency) |
Youtube Channel | ForexForYou |
Telegram Channel | Onshoppie Forex EA's & Indicators |
Telegram Support | Onshoppie Support |
Installation Guides | Onshoppie Forex Guides |
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