[Free Distribution] Win rate 71.4% | AI × SMC Sign Tool
“If you touch OB, show an arrow”—and if you let AI make a signing tool, the win rate is 71.4%
A signing tool for SMC order blocks created by AI shows a backtest win rate of 71.4% (sample size 14).
The code itself is complete, so we will distribute it for free as-is.
Overview of the completed indicator
Indicator name
SMC_OB_Signal(MT4 only / .mq4 file)
What it does
Detects “impulse” movements as the latest 20 bars’ average range multiplied by 2 or more
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Record the immediate preceding opposite-color candle as an order block (OB)
Record the immediate preceding opposite-color candle as an order block (OB)
OBs are drawn on the chart as rectangular zones,and an arrow appears the moment the price enters the zone’s body.If bullish OB, blue arrow (buy); if bearish OB, red arrow (sell).
Settlement logic
Three modes available.
Default is“TP/SL + opposite OB touch”combined mode.
If you touch a Bearish OB while BUYing, or touch a Bullish OB while SELLing, it settles.
Backtesting feature
When the indicator is applied, backtesting runs automatically and a panel appears on the bottom-right of the screen.
TP/SL line display
While in a position (virtual), the entry price, TP line, and SL line are displayed on the chart as dashed lines. Visually seeing where the position is planned to be closed is convenient during verification.