33# Smart Trader MT5 Trading System
Submit by Dimitri
Smart Trader is an advanced trading system for MT5 designed to meet all the key requirements for secure trading. The system is fully non-repainting, featuring a filter oscillator and an integrated trading assistant, making it easier to open and close positions efficiently.
Key Features of Smart Trader:
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Platform: MetaTrader 5 (MT5)
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Currency Pairs: Supports all currency pairs, with a focus on major pairs.
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Trading Hours: Works at any time, though it's recommended to trade during the London and New York sessions.
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Timeframes: Compatible with all timeframes.
Trading Guidelines:
To deploy the Smart Trader system on a chart, you can choose between two templates:
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SMart TRADER Dynamic Mode: Ideal for scalping, it generates more frequent signals but carries higher trading risks.
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SMart TRADER Normal Mode: Suitable for day trading and swing trading, offering fewer signals with a balanced risk profile.
Entering a trade based on the system's signals is straightforward and does not require expert market knowledge. Simply follow the system's signals in conjunction with the filter oscillator:
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Buy Signal:
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Blue diamond appears.
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Oscillator turns blue.
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Sell Signal:
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Red diamond appears.
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Oscillator turns red.
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Risk Management:
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Set your Stop Loss a few pips above or below the most recent local high or low.
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Exit the trade when a diamond of the opposite color appears or when the oscillator changes color. Both conditions do not have to occur simultaneously.
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Take Profit should be set at twice the Stop Loss value (Take Profit = 2 * Stop Loss).
To ensure you don’t miss any trading opportunities, the system includes a 3-level notification feature: Email, phone push notifications, and on-screen alerts.
Additionally, the system includes an auxiliary EA, the FTB Trade Panel, which consolidates all trade management tools in one place. To use this feature, ensure that "Algo Trading" is enabled. From the FTB panel, you can easily configure lot size, Take Profit, Stop Loss, risk management, and trailing stop settings directly on the chart.
Note: In the folder I proposed two models with a different filter, the Precision Trend.
