# SMC Dow OTE EA

A structural approach using Dow-style market bias and retracement zones on higher timeframes with confluence conditions for entry.

Canonical: https://prismaticalgos.com/compendium/algo/7821-smc-dow-ote-ea
Record ID: 7821
Catalog rank: 1785 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Price Action & Market Structure (E)
Source: https://www.mql5.com/en/market/product/196589
Evidence label (unverified): backtest_shown

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

Opacity warnings: UNDEFINED ENTRY TERM: the entry conditions are prose naming a concept with no numeric definition, so two readers would implement them differently. Advisory only -- this does not affect the score.

## Recorded profile

- symbols: XAUUSD
- timeframes: M30, M5
- sessions: Not specified
- market_regime: trending|volatile

## Indicators

- Pivot Structure: {}; applied to: null

## Recorded long-entry rules

- Bias on higher timeframes (higher highs and higher lows)
- Break of structure on the working timeframe
- Entry inside the optimal trade entry retracement zone
- Confluence condition (order block or imbalance)

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- Part of the position is closed at the first target
- Remainder is managed to the second target
- Break-even handling survives a terminal restart

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: Beyond the invalidation swing plus a buffer
- Take profit: First target is closed, remainder managed to the second target
- Position sizing: Percentage of equity risked per trade or fixed lots with a maximum lot cap