MQL5 FVG range EA

MQL5 Experts

Job finished

Execution time 5 hours
Feedback from customer
Thank you! Everything was done very professionally and quickly! I recommend this person!

Specification

MQL5 Bot Specification

The bot must be written in MQL5 and must meet the following requirements:

Core Logic

  1. Range drawing

    • The bot should draw a range based on hours and minutes (for example, from 15:30 to 16:30).

  2. Deviation levels

    • After drawing the range, it should calculate deviations of this range.

    • Example: if the price of the instrument moves in a range of $100, the bot should create 3 levels upward and 3 levels downward (a total of $300), drawn in $100 steps both above and below.

    • These will later serve as potential targets.

  3. Sweep and FVG detection

    • The bot should monitor the price: when it sweeps above or below the range, it should search for a Fair Value Gap (FVG) on a configurable timeframe (e.g., 1-minute, 5-minute, etc.).

    • If the sweep is below, it should look for a bullish FVG. Once it is formed, on the 3rd candle it should immediately place a market buy trade, with the Stop Loss set at the bottom of the range.

    • For a sell, the logic is the same: if the price sweeps above the range, the bot should look for a bearish FVG on the chosen timeframe, and place a sell with the Stop Loss at the top of the range.

  4. Take Profit (TP)

    • TP should be based on the deviation levels, and it must be possible to configure exactly which deviation level(s) to use.

  5. Break Even (BE)

    • The bot should be able to move the Stop Loss to Break Even once a defined R multiple is reached.

    • Example: if from entry to SL the distance equals 1R = $5, then once the trade reaches $5 profit, the SL should be moved to BE.

    • This must be configurable.


Options inside the bot

  1. Drawing and monitoring a range from specific start hour:minute to end hour:minute.

  2. Ability to set risk as a percentage of account balance or a fixed amount in money.

  3. TP placement based on deviation levels.

  4. Option to move SL to BE at a specified R multiple from entry to stop.

  5. Option to take partials (partial profits) at defined R multiples.

  6. Day of the week filter — the bot must allow enabling/disabling trading on specific weekdays (e.g., only trade on Tuesday–Thursday).

  7. Magic Number — all trades opened by the bot must use a configurable Magic Number for tracking.

  8. FVG timeframe — the timeframe on which the bot will search for Fair Value Gaps should be configurable (e.g., M1, M5, M15, etc.).


Files:

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1.jpg
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Project information

Budget
30+ USD