Premium Discount SMC Indicator for MT5 (MT5) — review, price and free alternatives

The algorithm works by calculating range boundaries and plotting normalized levels at 0%, 25%, 50%, 75% and 100%, then marking swing highs and lows to anchor those ranges. It is designed to handle trending pullbacks and range-bound markets where SMC concepts apply; it is less effective in highly erratic, news-driven spikes without additional confirmation. Risk management is implemented by the user through clear level-based stop placement—commonly outside the 100% or beneath the 0% line—and by limiting exposure per trade. Expected performance characteristics include a bias towards moderate win rates with controlled average drawdowns when used with higher timeframe confirmation. Mehdi Ghorbani Saeidian provides regular updates on MT5 compatibility, and the indicator integrates cleanly into MT5 templates for both visual analysis and manual execution.

The preferred stop loss strategy places protective stops beyond structural zone boundaries, commonly 0.5% to 2% beyond the 100% or 0% level depending on volatility. Position sizing recommendations range between 0.5% and 2% risk per trade to maintain sustainable drawdown profiles. The indicator is vulnerable during high-impact news events and thin overnight liquidity where percentile zones can be breached rapidly.

Configure key parameters such as candles mode, swing number for highs and lows, background color toggle, and which level lines (0%, 25%, 50%, 75%, 100%) to display. Select an ECN or STP broker with low spreads and reliable execution to minimize slippage on zone entries. Optimal chart timeframes are H1, H4, and D1 for stable signals; use lower timeframes only with higher timeframe confirmation. Backtest across at least three years and run a forward demo for 2–3 months before trading live.