Fxob Ea -
The FXOB EA (Expert Advisor) is an automated trading system designed specifically for the MetaTrader 4 (MT4) platform. It is widely recognized for its focus on Order Block theory and Smart Money Concepts (SMC), aiming to provide retail traders with institutional-level market analysis. Core Trading Strategy
int SendFXOBOrder(int cmd, double volume, double price, int slippage, double stoploss, double takeprofit, string comment)
int ticket = OrderSend(Symbol(), cmd, volume, price, slippage, stoploss, takeprofit, comment, magic, 0, clrNONE);
if(ticket < 0)
int error = GetLastError();
if(error == 138) // Requote - retry with new price
RefreshRates();
return OrderSend(Symbol(), cmd, volume, Ask, slippage, stoploss, takeprofit, comment, magic, 0, clrNONE);
Chapter 11: Legal and Broker-Specific Considerations
11.1 Is FXOB EA Allowed?
Yes, FXOpen explicitly permits algorithmic trading on its bridge. However, certain practices are banned: fxob ea
💡 Clever trick: Set EA to only trade if the previous order block was profitable. If last trade hit SL → pause for 2 bars (stops emotional spirals). The FXOB EA (Expert Advisor) is an automated
Chapter 9: Where to Find or Buy Reliable FXOB EAs
You have three options:
4. Risk Management Framework
Modern versions of the FXOB EA include: