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I built a forex Expert Advisor from scratch that applies Smart Money Concepts, Volume Profile, and On Balance Volume logic, running on cloud infrastructure so it scans the market 24/7. In this video I walk through the actual logic: how each concept was translated into rules a machine can follow, how the pieces fit together, and where the design still has limits.

In this video:
✅ Why I decided to build my own EA instead of using an off-the-shelf one
✅ How I turned Smart Money Concepts (liquidity sweeps, order blocks, market structure shifts) into testable rules
✅ How Volume Profile identifies high-volume nodes and low-volume zones the EA uses as context
✅ How On Balance Volume (OBV) acts as a confirmation filter before a setup qualifies
✅ How the AI layer fits in and what it actually does (and doesn't do)
✅ The "no setup, no trade" rule and why the EA stands aside when conditions aren't met
✅ What went wrong during development and what I'd change

A quick expectation check: this is a breakdown of the design logic, not a promise of profit. Translating a trading concept into code doesn't make it profitable, and no EA is infallible. Everything shown is for education, and any strategy should be tested on a demo account first.

Forex Partners Nexus Expert Advisor: https://forexcapitalpartners.com

Inquiries: oursmartphoneapps@gmail.com

⚠️ Disclaimer: This video is for educational purposes only and does not constitute financial advice. Forex trading involves substantial risk of loss. Backtested or demo results do not guarantee future performance, and no automated system eliminates risk. Always test on a demo account, do your own research, and consult a licensed financial advisor before trading with real capital.

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💬 Comment below: Which part of the logic would you want me to go deeper on: Smart Money rules, Volume Profile, or OBV?

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Transcript
00:00Josh Schmidt here and I'm back with another trading video so today I'm on
00:05the trading advisor the Nexus institutional EA Nexus institutional EA
00:13is a forex trading advisor that I've coded built and program over the past
00:19several months to help me identify high probability trades in the forex markets
00:26so what you're looking at here is the dashboard of the trading engine and I've
00:35programmed several assets currency assets into the into the engine into the
00:41expert advisor here your US dollar great British pound US dollar US dollar JPY or
00:47C dollar US dollar great British pound jet Japanese yen as well as XAU which is
00:54spot gold so I just ran an analysis on the euro US dollar and it recommended a
01:03high probability trade for me here when I ran the analysis it told me that the
01:10euro US dollar was currently exhibiting a clear bearish distribution phase and the
01:18higher timeframe bias check if it's a bearish signal and the Judas swing has
01:24been completed which is the liquidity sweep where the institutional money tricks
01:32retail traders into positioning a certain way and they come in and use these
01:43retail traders as their exit liquidity so all the items in our pre change pre trade
01:51checklists have been checked off we have the higher timeframe alignment we have the
01:55liquidity sweep or the Judas swing here it swept during the Asia Asia highs the
02:01volume on balance volume confirmation yes displacement break of structure
02:08confirmed and the fair value gap quarter block we test has also been checked off so the
02:18trade execution here which had recommended here it obviously recommended a sell limit order
02:26so what I'm going to do is I'm going to go into my trading account here on the US euro
02:33US dollar and
02:34enter a long short position a bear position so we're going to do here I'm one of your
02:41wonder trading platform which is my trading platform we're going to select euro US dollar
02:46here select the short here I'm going to trade eight lots which is 800,000 units on the platform utilizing
03:00or at my take profit target that the EA recommended here 1.11200 so let's plug in 1.11200
03:14you see here 11200
03:18or take profit target
03:2211200 and for the stop loss
03:2412.11200 so let's plug in our stop loss
03:30here
03:3412.180
03:37all right
03:38we have a pretty big stop loss here but
03:42I've been utilizing this EA and it's been generating me winner after winner after winner
03:49I have several other videos that talk about the EA and the EA in action if you're interested in
03:57learning more about the core logic that went into the EA visit my website at forexcapitalpartners.com
04:04that's forexcapitalpartners.com all one word and I go into more detail about the EA and the key features of
04:15the EA and what
04:16what are the core logic that went into the building the EA so let me go ahead and
04:20execute this euro US dollar short trade here and so this is my current position here
04:28there's a slight
04:31negative balance right now that's
04:33due to the spread
04:35on the Oanda platform every forex broker when you when you execute trades they charge you a spread an initial
04:43spread
04:43so I'm not worried about this spread because the EA
04:48is recommending here
04:50that I take the short here
04:53this is a high probability trade
04:587.5 out of 10 anything from 7.5
05:03up is considered a high probability trade so we're going to go ahead and do that
05:07I also wanted to make note today is Monday October 12th at approximately 10 19
05:15so
05:16this time of the day is the live silver bullet window here
05:21I have the EA that tells me when is the best time now anyone that knows about
05:26the silver bullet window this is the best time to look for trades
05:31in the markets this is after the New York market is opened at approximately 9 30 a.m.
05:38and
05:39uh now it's 10 o'clock so everything is kind of stabilized so
05:44the markets of uh all the high impact news has already been
05:49uh done
05:51and so now
05:54that this is the time where trends start to develop
05:57and if you look at the chart here on the euro us dollar chart it's uh clearly exhibiting a bearish
06:04uh momentum here bearish trend here
06:07this is the 15 minute chart I have the
06:10trading view chart integrated into the EA here
06:14also in order to uh do the sentiment analysis and the AI analysis here
06:20uh this EA
06:22is built on artificial intelligence as well as
06:27smart money concepts volume profile and on balance volume logic
06:34and so in order to run the the AI analyst
06:38and do the sentiment analysis for the pairs here
06:41which I did first you
06:44make sure that the price is synced up I made sure the price
06:48is synced up to the price on the chart here
06:51uh approximately here and then uh
06:54I ran the analysis and this is the actual narrative
06:59along with the
07:01like I mentioned the pre-trade checklist trade execution here
07:05which tells me exactly where to place my
07:08entry stop loss and take profit target
07:12risk to reward ratio of about 1 to 1.97 here
07:17uh so in order to run the AI analyst
07:20you need a Gemini API key
07:23and if I if you click on this gears icon right here in the EA
07:27I already have my Gemini API key
07:32pasted into the app and I have a tutorial here built into the app where you can actually
07:39I have a tutorial that shows you how to generate a free Gemini API key
07:45you need to get a key in order to run the AI analyst
07:50and if you click on this link here it takes you to my YouTube video
07:55in order to use the nexus institutional AI
07:58that um talks about a trading engine
08:01but we're going to close out of this that I've developed
08:04you're going to need to generate
08:06very simple to generate a free API key Gemini API key
08:11so like I said I pasted my key into the engine here
08:17so we'll go ahead and save the configuration
08:21uh so what I'm going to do is I'm going to
08:28he the EA is designed to do day trading not necessarily scalp trading where you know anything
08:35like I have a scalp trading software called binary quant engine but this EA is specifically designed to do
08:44traditional forex trading and I've designed it to
08:50execute day trades anywhere from
08:54one hour till the end of the day this EA is not a swing trading EA where
08:59you hold on to trades for
09:02you know several hours or several days or even weeks
09:05uh there's some swing traders that will hold on to trades
09:09for days and weeks uh this EA is not designed this way I've designed it to uh get in and
09:15get out of
09:15your trades within the day uh I like to I don't like to hold my trades for too long
09:23uh so what I'm going to do now is I'm going to pause the video and uh we're going to
09:31let this trade play out
09:32uh I may either close the trade early if I if I'm seeing that the trade is
09:39coming up toward the end of the day uh or I've had times where my trades hit there take profit
09:46targets
09:46within the hour uh sometimes uh you know it may take a couple hours five hours so when I come
09:55back I'll either
09:57be taking a stop a loss or that the EA is going to generate me some profits use utilizing the
10:08recommendation here from the AI analyst here so
10:14I'm going to pause the video and come back when the trade is either about to close or I'm going
10:20to close
10:21the trade or hit the take profit target I'm very confident in this EA that it's going to
10:29generate me some profits here those numbers look good it's a very strong bearish uh signal on the euro
10:36us dollar okay so I'm back on the euro us dollar short position that I took earlier today about a
10:45couple of
10:46hours ago so I'm going to go ahead and close out this trade it did actually there was a short
10:53based on the
10:56expert advisor here where I took the trade and uh it did actually exhibit a bearish distribution
11:06here so let's go ahead and lock in our profits here
11:12uh close out the trade and uh lock the profits in for the day uh this trade uh resolved in
11:20a couple
11:20of hours like I said the EA I designed the EA to resolve you know anywhere from an hour up
11:28until maybe
11:28five six hours to the end of the day I just decided to go in there and uh lock in
11:35my profits for the day
11:37so if we go to our activity here uh that trade today the euro us dollar short resulted in a
11:481024
11:50gain so the nexus institutional expert advisor accurately predicted a short at that at the level
12:00I took the trade at and uh resulted in a thousand one thousand and twenty four dollar gain for the
12:06day
12:08so thanks for watching and I'll see you in the next video Gus Schmitt nexus institutional expert advisor

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