Pipsgrowth EX15023 SMC-OrderBlock

Pipsgrowth EX15023 is an ATR-driven Smart Money Concepts scalper that builds trades out of three ICT primitives — break of structure, order block retest, and fair value gap fill — and lets you pick which one fires entries through a four-position mode selector. The EA drops the multi-confirmation vote used in some of its EX15 cousins; every entry here is a pure structural reaction, and risk is sized off a single ATR(14) handle that all of the management logic shares.

The market structure layer runs two pivots in parallel. The dominant one is the swing pivot, scanned across InpSwingLength = 20 bars: a high is a swing high if it is the strictest high inside a 20-bar window, a low is a swing low if it is the strictest low. When the previous bar closes above a stored swing high that has not yet been crossed, the EA flips g_swingTrend to BULLISH. If the previous trend was BEARISH, that close above the prior swing high is recorded as a Change of Character (g_alertBullCHoCH) and labelled with a CHoCH text marker; if the previous trend was already BULLISH, the same event is a plain BOS and the label reads BOS. The bearish mirror fires on close below the stored swing low. A second, faster internal-structure pass uses InpInternalLength = 5 and only stores the internal bias — it does not label, but it gives the OB engine a faster local direction to anchor against.

Order blocks are generated the moment a structure break registers. CreateOrderBlock walks back up to ten bars from the swing pivot that was just broken, finds the lowest low (for bullish OBs) or the highest high (for bearish OBs), and stores the high–low range as the OB rectangle. Up to InpMaxOBCount = 5 OBs are kept; the oldest is dropped if a sixth is created. Mitigation runs on every new bar inside CheckOBMitigation. By default the EA flags a bullish OB as mitigated the moment the prior bar's low trades below its bottom (or, if InpOBMitigateClose = true, when the prior bar closes below it). A bearish OB is killed when the prior bar's high pierces its top. Mitigated OBs have their rectangle object deleted from the chart.

Fair value gaps use the classic three-bar geometry: DetectFVG reads the high and low of bar 1 and bar 3, declares a bullish FVG when bar 1's low is above bar 3's high, and a bearish FVG when bar 1's high is below bar 3's low. Each candidate has to clear InpFVGMinATR = 0.5 of current ATR before it is stored, which is what stops micro-gaps from cluttering the chart. Up to InpMaxFVGCount = 5 FVGs are kept; a sixth pushes the oldest out. CheckFVGMitigation retires a bullish FVG as soon as the prior bar's low dips into its ceiling, and a bearish FVG the moment the prior bar's high pokes up into its floor.

The four-position ENUM_ENTRY_MODE selector at the top of the input list is what actually decides which structural event becomes a trade. MODE_OB_RETEST (the default) only opens a position when CheckOBRetest reports the bid sitting inside an active order block of the matching bias. MODE_FVG_FILL only opens when CheckFVGEntry finds the price inside an active fair value gap. MODE_BOS_BREAK opens immediately on the BOS/CHoCH candle itself. MODE_ALL will fire on whichever of the three conditions is true on the current bar. BOS/CHoCH entries use a tight stop placed half an ATR beyond the swing pivot (g_swingLow - 0.5*ATR for longs, g_swingHigh + 0.5*ATR for shorts) and a TP at InpTPMultATR * ATR in the direction of the break. OB retest and FVG fill entries use the wider InpSLMultATR = 1.5 stop and the same InpTPMultATR = 2.5 TP, giving roughly a 1.67 risk-to-reward on the two retest modes and tighter risk on the breakout mode. There is also an InpRequireCHoCH toggle: when set to true, the EA refuses to enter unless the most recent structure break was a CHoCH, which is the conservative way to use this EA in chop.

Five no-trade gates run in fixed order on every new bar: IsDrawdownExceeded reads the live equity against g_peakEquity and aborts the bar entirely once drawdown crosses InpMaxDDPercent = 20. After that, InpEnableTrading, IsSpreadOK (current spread ≤ InpMaxSpreadPoints = 50 points), IsWithinSession (server hour between InpSessionStartHour = 8 and InpSessionEndHour = 20, with overnight wraparound handled), and IsCooldownComplete (current time ≥ g_lastTradeTime + InpTradeCooldownMin*60, defaulting to 5 minutes) all have to pass. CountMyPositions then caps the run at InpMaxPositions = 3 open positions on the same magic. The order paths only see a bar after every gate clears.

Position sizing is a toggle. With InpFixedLot = 0.01 the EA sends that lot on every order. Set that input to zero and CalculateLotSize falls back to percent risk: balance * InpRiskPercent / (slDistance / tickSize * tickValue), floored to the broker's lot step and clamped to the symbol's volume min/max. ATR(14) is the single indicator on the chart; SL is always InpSLMultATR * ATR away from entry (except the BOS break mode, which uses 0.5 ATR), TP is always InpTPMultATR * ATR from entry, and there are no pips-based overrides. OpenTrade sends the order via raw OrderSend with request.deviation = 30 and an auto-detected filling mode from GetFillMode (IOC if the broker advertises it, otherwise FOK, otherwise RETURN). The order comment is hardcoded to Psgrowth.com Expert_15023 and the magic to 22215023.

Management runs tick by tick inside ManagePositions. Once price has moved InpBreakevenATR = 1.0 of ATR in favour of the trade and the current stop is still behind entry, the EA ratchets the stop to entry plus 10 points (entry minus 10 points for shorts). Beyond that, if InpTrailATR = 0.5 is non-zero, the stop trails by 0.5 ATR behind price on every tick, but only if the new stop improves on the existing one by at least 10 points — a small friction filter that prevents the EA from spamming the broker with no-op modifications. ModifyPosition ships every SL/TP change through raw OrderSend again. Three retry helpers — TryClose_EX15023, TryClosePartial_EX15023, TryModify_EX15023 — are declared at the bottom of the file using the g_trade_wrappers_EX15023 CTrade instance, with three attempts and a 200 ms backoff on REQUOTE, TIMEOUT, PRICE_OFF, and PRICE_CHANGED retcodes, but the live modify and close paths do not call them. They are present as a safety net that the source currently does not route through.

The on-chart dashboard (InpShowDashboard = true, InpDashX = 20, InpDashY = 30) is built out of OBJ_LABEL rectangles in CreateDashboard and refreshed on every tick from UpdateDashboard. It prints the swing bias with a ▲/▼/― glyph in InpBullColor / InpBearColor / clrGray, the internal bias on the same scheme, the number of active OBs, the number of active FVGs, the current spread (green if within InpMaxSpreadPoints, orange otherwise), the open-position count against the cap, and the live drawdown percentage against the peak equity, with the text turning orange once drawdown passes 70% of InpMaxDDPercent. All chart objects are prefixed SMC_ for OBs, structure labels, and FVG rectangles, and DASH_ for the dashboard, so OnDeinit can wipe them in two ObjectsDeleteAll calls. On init, the EA validates that InpRiskPercent is between 0 and 10, builds the ATR handle, sizes the OB and FVG arrays to their maximum counts, resets the four pivots, captures the current equity into g_peakEquity, and fails the init with INIT_PARAMETERS_INCORRECT if the risk input is out of range.