ML's Silver Bullet MT5 EA based on FVG in defined Trading Zones

Silver Bullet EA   for MT5  

Define Entry Timezone: 

Trading Zone 1

• Start Time Zone 1  (i.e. 10:00)
• End Time Zone 1  (i.e. 11:00)
• Close open trades for Zone 1 (enter 0 to keep trades open)  (i.e. 15:55; open trade or pending orders will be closed regardless of TP & SL)

Trading Zone 2 

• …see above

Trading Zone 3

• ..see above

(need to enable/disable individual Trading Zones, or disable by using 0 and value)

Entry Criteria: 

1. Price forms a Fair Value Gap (FVG). FVG is confirmed at close of candle 3 within the Trading Zone; it is sufficient for the 3. Candle to be within the Zone)
2. Place limit order at closing price of candle 2

• buy limit for bullish FVG
• sell limit for bearish FVG
• (meaning that price must pull back into the FVG to trigger the order)

Stop Placement: 

Ideally, want the choice between three Stop placements

1. Fixed Stop

• Fixed value (pips, points)

2. Tight Stop

• Longest wick of FVG candle 1 & 2
• lowest Low of candle 1 or 2 on long trade
• highest high of candle 1 or 2 on short trade

3. Wide Stop

• most recent swing low for long trade
• most recent swing high for short trae

Take Profit settings: 

• Risk Reward Ratio