Expert Advisor based on Fair Value Gaps/Imbalances

MQL5 Experts

Job finished

Execution time 10 days
Feedback from customer
Produced the EA as specified but more importantly has excellent communication during and after delivery

Specification

Hi,

I would like an expert adviser developed based on a FVG strategy for MT4 & MT5. The basics of the strategy are as follows,

  • Only trade Mon-Fri
  • Wait until 10am (UTC -4 NY time)
  • Wait for the first fair value gap (FVG) to form on the 5min chart before 11am (UTC -4 NY time)
  • Set limit order on FVG with SL at FVG candle 1 (if FVG candle 2 is H/L beyond FVG candle 1 the use candle 2)
  • TP is 2R
  • Close all trades by 4pm (UTC -4 NY time)

If possible I would also like to optimise this strategy with the following adjustments,

  • entry price +/- ticks to allow for spread
  • SL risk % to allow for commissions
  • TP RR
  • hourly time window to change sessions for future testing

Happy to answer any questions. I also have a video that this strategy is based on for more clarity.

Please send through quotes.

Cheers

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