ICT Conqueror EA MT5 (Official version) | Unbounded

Product Overview

ICT Conqueror EA MT5 is an advanced automated trading Expert Advisor for MetaTrader 5, designed to bring classic Inner Circle Trader (ICT) concepts into algorithmic trading. The EA combines liquidity analysis, market structure, Fair Value Gaps (FVG), Order Blocks, Breaker Blocks, Optimal Trade Entry (OTE), displacement, and liquidity sweeps to identify potential trading opportunities.

Rather than relying primarily on conventional lagging indicators, ICT Conqueror EA MT5 focuses on price-action and market-structure concepts commonly associated with ICT and Smart Money Trading methodologies.

The EA supports XAUUSD, major Forex pairs, and indices, with M15 used for entry and H1/H4 available for higher-timeframe analysis.

ICT Conqueror EA MT5 is also designed without Martingale, Grid trading, or risky lot multipliers. Each position can use calculated stop-loss and take-profit levels based on configurable market-structure and volatility conditions.

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About the Developer

• Author: John Muguimi Njue.
• Experience: Over +1 years of experience on MQL5.
• Notable Products: ICT Conqueror EA, ICT Concept PRO P EA MT5, Sniper Entry Prop EA MT5, Quantum ICT Concepts MT5, ICT Conqueror MT5 and other advisors.
• Flagship Product: ICT Conqueror EA MT5 is rated as the best performing product of the year.

>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

>>Reviewed by Jason Stap <<

ICT Conqueror EA MT5 Overview

Main Features of ICT Conqueror EA MT5

🔺Classic ICT Trading Strategies

ICT Conqueror EA MT5 includes several core strategies designed around liquidity and market-structure behavior:

• Turtle Soup Strategy – Detects potential false breakouts around swing highs and lows and looks for reversal confirmation.
• Double Top/Bottom Detection – Identifies potential reversal structures around important price levels.
• Breakout & Retest – Looks for continuation opportunities after a structural breakout and subsequent retest.
• Key Level Trading – Uses significant swing points and support/resistance areas as potential trading zones.
• Liquidity Sweep Strategy – Identifies potential liquidity sweeps around swing extremes before considering an entry.

Each strategy can be configured according to the trader’s preferred trading conditions.

🔺Advanced ICT Confluence Filters

The EA provides multiple configurable ICT filters that can be combined to increase entry selectivity.

Available concepts include:

• Liquidity Sweep
• Fair Value Gap (FVG)
• Order Block
• Breaker Block
• OTE Range
• Displacement
• Imbalance Fill
• Market Structure Shift (MSS)
• Inducement
• Mitigated Liquidity
• Full ICT Confluence

The OTE range can be configured around the commonly used 61.8%–78.6% Fibonacci area, while other filters help determine whether multiple market-structure conditions are aligned.

🔺Smart Stop Loss System

ICT Conqueror EA MT5 provides 8 configurable Smart SL modes:

1. Structure + ATR
2. Structure + Fixed Offset
3. ATR Only
4. Liquidity Hunt
5. Swing + ATR Hybrid
6. Quarter Levels
7. Round Numbers
8. Institutional ICT Mode

The stop-loss system can also use price-alignment options such as:

• Round-number levels
• Quarter levels
• Psychological price zones
• Pip-based rounding
• Stop-hunt buffer protection

This allows traders to select a stop-loss methodology that matches their preferred ICT trading approach.

🔺Kill Zone Trading

The EA supports configurable institutional trading sessions, allowing users to restrict trading to selected periods of the day.

Available sessions include:

• London Session: 07:00–10:00 GMT
• New York Open: 13:00–15:00 GMT
• New York Close: 20:00–22:00 GMT

The trading schedule can be adjusted to match the broker’s server time and the trader’s preferred market sessions.

Day-of-week filters are also available to enable or disable trading on specific days.

🔺Prop Firm Risk Management Tools

ICT Conqueror EA MT5 includes several risk-control functions that can be useful when trading accounts with defined drawdown limits.

Features include:

• Configurable daily drawdown protection
• Total drawdown limit
• Trailing drawdown from equity peaks
• Water-level reset system
• Maximum trades per day
• Maximum trades per session
• Daily trading reset
• Daily profit target
• Automatic position closing at selected targets
• Optional stop-trading-after-target function

The default example uses a 3% daily drawdown limit and 6% total drawdown cap, but these values should be adjusted according to the current rules of the specific broker or prop firm being used.

Prop-firm tools can help manage predefined limits, but they do not guarantee compliance, account approval, or successful completion of any prop-firm evaluation.

🔺Advanced Position Management

The EA provides multiple tools for managing open trades.

Partial Take Profit

Positions can be divided into multiple profit targets:

• TP1 – First configurable R target
• TP2 – Second configurable R target
• TP3 – Final target

Users can configure how much of the position is closed at each target.

Breakeven

The breakeven system can automatically move the stop-loss toward the entry price after a configurable trigger distance.

A safety buffer can also be configured to reduce the possibility of immediately re-entering around the same price level.

Trailing Stop

The EA supports:

• ATR-based trailing
• Percentage-based trailing steps
• Configurable activation thresholds

These settings allow open positions to be managed dynamically as market conditions change.

🔺Basket Management

ICT Conqueror EA MT5 includes controls designed to manage multiple positions within the same trading direction.

The basket system can:

• Prevent opposite-position hedging
• Control the minimum distance between scale-in entries
• Limit pyramid levels
• Require a net basket condition before new entries
• Manage multiple positions according to predefined rules

This provides additional control when several valid signals occur within the same market structure.

🔺Advanced Trading Dashboard

The integrated trading panel provides real-time information about the EA and account.

Account Metrics

• Balance
• Equity
• Floating P/L
• Daily performance
• Peak equity
• Locked equity floor

ICT Status

• Active kill zone
• Current signal status
• Smart SL mode
• News filter status
• Active strategy

Trading Controls

• BUY ONLY
• SELL ONLY
• BUY & SELL
• STAY OUT
• Close All
• Lock Current Level
• Reset Locks
• Move to Breakeven

The panel also displays active filters, cluster-position information, and selected risk parameters.

How Does ICT Conqueror EA MT5 Work?

ICT Conqueror EA MT5 follows a multi-stage process designed around ICT market-structure concepts.

Step 1: Identify Market Structure

The EA analyzes higher- and lower-timeframe price data to identify relevant swing highs, swing lows, structural breaks, and potential directional conditions.

Step 2: Detect Liquidity Areas

The system searches for potential liquidity pools around swing extremes and other relevant price levels.

These areas can be used to identify possible liquidity sweeps and reversal conditions.

Step 3: Analyze ICT Price-Action Concepts

Depending on the selected strategy and filters, the EA can evaluate:

• Liquidity sweeps
• Order Blocks
• Breaker Blocks
• Fair Value Gaps
• OTE zones
• Displacement
• MSS
• Inducement
• Mitigated liquidity

Step 4: Apply Confluence Filters

The selected filters determine whether the required market conditions are sufficiently aligned for a potential trade.

Traders can use a smaller number of filters for broader signal generation or combine several concepts for more selective entries.

Step 5: Calculate Entry and Stop Loss

After a potential setup is identified, the EA can use the selected order type and Smart SL mode to determine the entry and protective stop-loss.

Step 6: Manage the Position

Once a position is open, the EA can manage it through:

• Partial take profit
• Breakeven
• ATR trailing
• Basket management
• Daily profit protection
• Drawdown protection

This creates a complete automated workflow from setup detection to position management.

Why Choose ICT Conqueror EA MT5?

ICT Conqueror EA MT5 is designed for traders who want to automate a broad selection of ICT trading concepts rather than depend on a single entry pattern.

Key reasons to consider the EA include:

• Multiple classic ICT strategies
• Extensive confluence filtering
• Liquidity and market-structure analysis
• Multiple Smart Stop Loss modes
• Configurable institutional kill zones
• Partial TP, breakeven, and trailing systems
• Daily and total drawdown controls
• Prop-firm-oriented risk-management features
• Advanced real-time trading panel
• No Martingale
• No Grid trading
• No risky lot multipliers
• Flexible risk and position settings

The combination of strategies and filters also allows users to configure the EA for different trading styles and levels of signal selectivity.

ICT Conqueror EA MT5 Backtest Results

• Initial Deposit: $100,000
• Total Net Profit: $114.679,69
• Maximum Drawdown: 16,97%

ICT Conqueror EA MT5 Backtests

Performance and Risk Management

ICT Conqueror EA MT5 does not rely on a single fixed risk model. Users can configure the risk percentage per trade, fixed lots, maximum concurrent positions, and capital allocation.

For initial testing, the supplied recommendation is:

• 0.5%–1% risk per trade
• Enable 1–2 strategies
• Use 2–3 confluence filters
• Enable Kill Zone trading
• Set daily drawdown protection to 3%

These are starting parameters rather than guarantees of performance.

The EA also provides multiple layers of risk management, including stop-loss protection, maximum-position controls, daily drawdown limits, total drawdown controls, daily targets, and equity-based protection.

However, ICT-based trading remains exposed to normal market risks. Slippage, spread expansion, gaps, abnormal volatility, execution delays, and changing market conditions can affect actual results.

Backtest performance should therefore be treated as historical evidence rather than a guarantee of future live performance.

Weaknesses & Risk Warnings

Although ICT Conqueror EA MT5 provides extensive configuration options, its flexibility also introduces several considerations.

Complex configuration:
The large number of strategies, filters, SL modes, and risk settings may require careful testing before live deployment.

ICT concepts are not guaranteed signals:
Liquidity sweeps, FVGs, Order Blocks, market-structure shifts, and other price-action concepts can produce false or incomplete setups.

More filters do not automatically mean better performance:
Adding too many conditions may reduce trade frequency or cause the EA to become overly restrictive.

Prop firm rules can change:
The included drawdown presets are configuration references. Always verify the current rules of the specific prop firm before deployment.

Market conditions change:
A strategy configuration that performs well during one market regime may behave differently during trending, ranging, high-volatility, or news-driven conditions.

Broker execution matters:
Spread, slippage, liquidity, execution speed, contract specifications, and server time can affect results.

For these reasons, thorough backtesting and forward testing are recommended before using the EA with real capital.

Pros and Cons

Pros

• Built around classic ICT concepts
• Multiple automated trading strategies
• Extensive confluence filters
• Liquidity and market-structure analysis
• 8 Smart Stop Loss modes
• Configurable Kill Zones
• Partial take profit
• Breakeven and trailing stop
• Daily and total drawdown protection
• Prop-firm-oriented risk controls
• Advanced trading dashboard
• No Martingale
• No Grid trading
• No risky lot multipliers

Cons

• Requires careful configuration
• Multiple parameters can be complex for beginners
• ICT setups can generate false signals
• Results can vary across brokers and market conditions
• Prop-firm presets require verification against current rules
• Higher filter combinations may reduce trading frequency
• Automated trading still carries substantial financial risk

Technical Specifications

How to Install ICT Conqueror EA MT5

Step 1 – Install the EA

Open MetaTrader 5 and select:

File → Open Data Folder → MQL5 → Experts

Copy the ICT Conqueror EA file into the Experts folder.

Step 2 – Restart or Refresh MT5

Restart MetaTrader 5 or refresh the Expert Advisors section in the Navigator.

Step 3 – Open a Chart

For the recommended starting configuration, open:

XAUUSD → M15

The EA can also be configured for supported Forex pairs and indices.

Step 4 – Configure Risk

Set:

• Risk per trade
• Fixed lot or automatic sizing
• Maximum concurrent positions
• Daily drawdown limit
• Total drawdown limit
• Daily profit target

Step 5 – Select Strategies and Filters

For initial testing, consider enabling only 1–2 strategies and 2–3 confluence filters rather than activating every available condition at once.

Step 6 – Configure Trading Sessions

Set the London, New York Open, and/or New York Close Kill Zones according to your broker’s server time and the intended GMT offset.

Step 7 – Enable AutoTrading

Once all parameters have been reviewed, activate AutoTrading in MetaTrader 5.

Step 8 – Test Before Live Trading

Run historical backtests and forward tests on a demo account before considering live deployment. Monitor execution quality, spread, drawdown, trade frequency, and the behavior of the selected strategies.

What’s Included in the Download Package?

• Setting (If Any).docx
• Installation Guide.docx

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Final Thoughts

In summary, ICT Conqueror EA MT5 is an advanced ICT Trading Expert Advisor for MetaTrader 5 that automates key Smart Money Concepts and price-action principles, including liquidity sweeps, Fair Value Gaps, Order Blocks, Breaker Blocks, OTE, displacement, and market-structure analysis. Its multiple trading strategies, 8 Smart Stop Loss modes, Kill Zone filters, partial Take Profit, breakeven, trailing stop, and prop-firm-oriented drawdown controls provide a configurable framework for automated trading.

The published backtest reports $114,679.69 in net profit from a $100,000 initial deposit, with a maximum drawdown of 16.97%. These results represent historical testing under specific conditions and should not be interpreted as a guarantee of future live performance. Actual results can vary depending on the selected strategy, filters, instrument, broker conditions, spreads, slippage, execution quality, and market environment.

For traders considering an ICT EA MT5, ICT Conqueror should be thoroughly backtested and forward-tested before live deployment. Starting with 1–2 strategies and a limited number of confluence filters can make the system easier to evaluate and monitor. Traders should also carefully configure position risk, drawdown limits, trading sessions, and prop-firm requirements before using the EA with real capital.