Smart Money Concept Indicators for MT4 – Free Download

Smart Money Concept (SMC) trading isn’t a single technique — it’s a framework with 4 interlocking concepts: Order Blocks for institutional zones, Fair Value Gaps for entry precision, Liquidity Zones for stop-hunt context, and Market Structure for trend phase. To trade SMC properly, you need all 4 working together.

This pack delivers the complete SMC toolkit as a single bundled install. Below is how each indicator slots into the framework, the full SMC entry strategy I trade live on H1 EURUSD, and the workflow that brings them all together.

What is the Smart Money Concept?

SMC is the framework popularised by ICT (Inner Circle Trader) that focuses on reading institutional positioning footprints rather than retail technical signals. The 4 core concepts:

  • Order Blocks — last opposing candle before impulse = institutional zone
  • Fair Value Gaps (FVGs) — 3-candle imbalance = unfilled institutional orders
  • Liquidity Zones — equal swing extremes = retail stop pools institutions hunt
  • Market Structure — HH/HL/LL/LH sequence + BOS/CHoCH = trend phase reading

The institutional logic threading them together: institutions need liquidity to fill their large positions. They engineer price moves that grab retail liquidity (stop hunts), then position at order blocks during the resulting volatility. Fair Value Gaps form during their impulsive moves and act as entry zones for retracements. Market structure reading tells you which trend phase you’re in.

The single-pack delivery means all 4 indicators share consistent settings — no parameter mismatches, no separate installs, no drift between updates.

How the SMC Stack Works on MT4

Our FOB SMC pack applies all 4 indicators with synchronised default settings: 200-bar lookback, 5-bar swing detection, ATR-based impulse threshold for OBs, hide-filled FVGs, multi-touch liquidity clustering.

Smart Money Concept stack on MT4 EURUSD H1 chart with all 4 SMC indicators applied

The visual result: a chart with structural labels (HH/HL/LL/LH), liquidity pool lines, OB rectangles, FVG rectangles, and BOS/CHoCH lines all stacked together. Visually dense but information-rich.

Three reading patterns matter for SMC traders.

The first is liquidity grab + CHoCH + OB retest — the classic SMC reversal sequence. Liquidity sweep followed by structural break (CHoCH) followed by retest of a fresh OB = high-edge entry.

The second is OB + FVG confluence — fresh OBs that overlap with FVGs are the highest-confluence entries. Both signals confirming the same zone produces noticeably better win rate than either alone.

The third is structural trend filtering — only trade SMC setups aligned with the current Market Structure phase. CHoCH up = look for long setups. CHoCH down = look for shorts. Mid-range = stand aside.

Key Features

  • Custom MT4 indicator pack (4 .ex4 files)
  • Order Block + FVG + Liquidity + Market Structure
  • Synchronised default settings across all 4 indicators
  • Pre-built MT4 template included
  • Configurable per-indicator parameters
  • Coloured rectangles + lines + structural labels
  • Non-repainting (after swing-bars confirmation)

Best Settings for SMC Pack

The defaults work for H1 majors. Tune per pair if needed.

Use Case Lookback Swing Bars OB Impulse ATR FVG Min Size (points)
Day Trading 200 5 1.5 50
Swing 300 7 2.0 100
Position 500 10 2.5 200

Recommended starting point: H1 EURUSD with full default settings.

Pros and Cons

Pros Cons
All 4 SMC concepts in one bundled install Visually dense — embrace the information overload
Synchronised settings across indicators Custom install required — not built into MT4
The full ICT framework applied automatically SMC has a learning curve — not for absolute beginners
Free vs $50-300/month premium SMC subscriptions Best on H1+ — too noisy on M1/M5

How to Install SMC Pack on MT4

The SMC pack is custom. See install custom indicators on MT4.

Step 1: Download the SMC pack (4 .ex4 files) from the form below.

Step 2: MT4 > File > Open Data Folder > MQL4 > Indicators. Drop all 4 .ex4 files in.

How to install SMC custom indicator pack on MT4 - Custom indicator install dialog

Step 3: Restart MT4 (or refresh Navigator).

Step 4: Apply the included template (“SMC-H1”) for one-click setup with all 4 indicators stacked.

Step 5: Save under a new name to preserve your customisations.

Trading Strategy: Full SMC Setup

The complete SMC entry sequence. Best on H1 EURUSD, GBPUSD, gold during London/NY sessions.

Setup: Full SMC pack on H1 chart.

Long Entry (full SMC sequence):
1. Market Structure shows downtrend (LL + LH sequence)
2. Liquidity Zone shows sell-side liquidity below recent swing lows
3. Price sweeps the SSL with a wick (liquidity grab)
4. Closing candle reverses back UP through the SSL
5. Market Structure CHoCH up confirms the regime change
6. Identify a fresh bullish OB above the swept low
7. Wait for retracement to the OB
8. FVG within the OB zone provides entry-precision trigger
9. Enter long on bullish rejection candle inside OB/FVG zone
10. Stop loss below the swept low (5-10 pips)
11. Take profit at the next major structural high

Short Entry: Mirror the sequence — uptrend, BSL grab above swing high, CHoCH down, fresh bearish OB, FVG entry.

Full SMC entry on MT4 EURUSD H1 chart - liquidity grab + CHoCH + OB retest + FVG entry

The discipline that matters: every step in sequence. Liquidity grab WITHOUT CHoCH = false reversal. CHoCH without OB retest = chase-the-move trade. OB retest without FVG = lower-confluence setup. The full sequence is the high-edge filter.

SMC vs Pure ICT

Same toolkit, different framing.

Feature SMC Pack Pure ICT Pack
Tools OB + FVG + Liquidity + Structure (4) Same 4 + Breaker (5)
Format Bundled, synchronised settings Individual indicators
Best for SMC traders wanting all-in-one ICT traders wanting per-indicator control

Verdict: Use the SMC pack for the convenience of one install + one template. Use individual ICT indicators if you want maximum per-indicator parameter control.

Frequently Asked Questions

Is the SMC indicator pack free?

Yes. All 4 .ex4 files are free below. Premium SMC tools cost $50-300/month for equivalent functionality.

Does the pack repaint?

No. All 4 indicators are non-repainting once their swing-bars filters confirm.

How is SMC different from regular technical analysis?

Regular TA focuses on price patterns and indicator signals. SMC focuses on institutional footprints — order blocks, liquidity grabs, fair value imbalances. Different read, different edges.

Best timeframe for SMC?

H1 and H4. Lower timeframes have too many false signals; daily SMC is excellent for swing entries but signals are too rare for active trading.

Can I use this on MT5?

Yes. Our enhanced version supports both platforms.

Download the SMC Indicator Pack – Free

The complete Smart Money Concept toolkit:

  • FOB_OrderBlock.ex4 — institutional zone detector
  • FOB_FVG.ex4 — Fair Value Gap entry-precision tool
  • FOB_LiquidityZone.ex4 — buy/sell-side liquidity pools
  • FOB_MarketStructure.ex4 — HH/HL/LL/LH + BOS/CHoCH

Platform: MT4 (Build 1000+)
File type: ZIP (.ex4 files + template + install PDF)
File size: 90 KB
Version: 1.0 SMC pack
Last updated: May 2026

Download the SMC Indicator Pack – Free Instant Access

No payment. No catch. Enter your email below and the SMC Indicator Pack lands in your inbox within 60 seconds. Here’s everything you get:

  • 4 custom .ex4 files (complete SMC toolkit)
  • Pre-built MT4 template with all 4 indicators stacked
  • Step-by-step installation guide
  • The full SMC entry workflow PDF
  • Weekly trading insights from a developer with 16+ years of market experience

Download the Smart Money Concept Indicators for Indicator – Free Instant Access

No payment. No catch. Enter your email below and the Smart Money Concept Indicators for Indicator file lands in your inbox within 60 seconds. Here’s everything you get:

  • The non-repainting Smart Money Concept Indicators for Indicator file (.ex4) – install in 30 seconds
  • Step-by-step installation guide with chart screenshots
  • Best-performing settings for scalping, day trading, and swing trading
  • The exact entry and exit rules Dom uses in live trading
  • Weekly trading insights from a developer with 16+ years of market experience

100% free forever. Your email is safe – we never sell, share, or spam. Unsubscribe with one click anytime.

By downloading, you agree to receive trading tips and indicator updates from ForexOBroker. Unsubscribe anytime.

Overall Rating: 4.7/5

Category Rating
Accuracy 4.7/5
Ease of Use 4.5/5
Features 4.9/5
Value 4.9/5

Related Indicators


Trading forex involves significant risk of loss and is not suitable for all investors. Past performance is not indicative of future results. The indicators provided on ForexOBroker are for educational purposes only. Always use proper risk management and never trade with money you cannot afford to lose.

Author: Dominic Walsh

I am a highly regarded trader, author & coach with over 16 years of experience trading financial markets. Today I am recognized by many as a forex strategy developer. After starting blogging in 2014, I became one of the world's most widely followed forex trading coaches, with a monthly readership of more than 40,000 traders! Make sure to follow me on social media: Instagram | Facebook | Youtube| Twitter | Pinterest | Reddit | Telegram Channel