FVG Screener

4.67

The "FVG Screener" is a FREE utility tool designed to identify and alert on "fair value gaps" (FVGs), a concept popularized by ICT. This EA is intended to be used by traders who use fair value gaps in their trading. The panel provides a simple and intuitive interface for selecting the desired timeframes, enabling traders to focus on specific timeframes regardless of the timeframe that their chart is on.

The EA scans the market for imbalances or FVGs, which are essentially discrepancies between the current market price of a currency pair and its calculated fair value. Once an FVG is detected, the EA draws the level on the chart for visualization purposes. WIth the speed of a click, the user can show/hide any specific timeframe's FVG, making it an invaluable tool for traders who see efficiency in their charting.

There's a PRO version of this tool, which allows quick trading executions with in-built buttons and features! You can check it by clicking here


Let's go through the 
Trade Panel that appears on the top left corner of the chart, once you place the EA on the Symbol you want to use it on:

  • Show M1 FVGs: If clicked, it'll instantly show all past M1 Fair Value Gaps, and will draw any new one as time goes on.
  • Show M5 FVGs:  If clicked, it'll instantly show all past M5 Fair Value Gaps, and will draw any new one as time goes on.
  • Show M15 FVGs:  If clicked, it'll instantly show all past M15 Fair Value Gaps, and will draw any new one as time goes on.
  • Show M30 FVGs:  If clicked, it'll instantly show all past M30 Fair Value Gaps, and will draw any new one as time goes on.
  • Show H1 FVGs:  If clicked, it'll instantly show all past H1 Fair Value Gaps, and will draw any new one as time goes on.
  • Show H4 FVGs:  If clicked, it'll instantly show all past H4 Fair Value Gaps, and will draw any new one as time goes on.
  • Show D FVGs:  If clicked, it'll instantly show all past Daily Fair Value Gaps, and will draw any new one as time goes on.
  • Notify for new FVGs: If clicked, the EA will alert or send notification to the user (based on the input parameters that is explained below) for every new FVG (it clarifies whether it's a bullish or bearish FVG) of the SELECTED timeframes only!
    In example, if you've only clicked to show M1 and M5 FVGs, the notifications for new FVGs will only apply to new M1 and M5 Fair Value Gaps


Input Parameters:

--------------------------Fair Value Gap Settings---------------------------

  • Allow to show FVGs on lower Timeframe than the Current TF?: True/False (double click to change its value). If "true", the EA will not show FVGs that are in a LOWER timeframe then the current chart's timeframe. In example, if your chart is on M15 timeframe, even if you have clicked to show M1 FVGs, it won't show them while this input parameter is set to "true". 
  • Alert for new FVGs: True/False. If true, it'll notify the user based on his preferences of notification method (explained below)
  • Minimum FVG in pips: Here, you type a number to filter out tiny FVGs that are not important to you.
  • How many Candles to go back for FVGs: Type the number of how many candles it'll go back to draw past FVGs. It's at 200 by default.

  • Color of M1 FVG: Color of the M1 FVG. Double click on the color to change it. Select any desired color from the palette.
  • Color of M5 FVG: Same as above
  • Color of M15 FVG: Same as above
  • Color of M30 FVG: Same as above
  • Color of H1 FVG: Same as above
  • Color of H4 FVG: Same as above
  • Color of Daily FVG: Same as above
----------------------Notifications Method----------------------
  • Starting Hour for Notifications: In case you want the notifications to only be sent in a desired time window (i.e. in AM Session Silver Bullet which is 17:00 to 18:00), you type the starting hour of that window. (00:00 format)
  • Ending Hour for Notifications: Here, you type the ending hour of that window. (00:00 format)
  • Send Mobile Notification: If "true", the EA will notify you through your Mobile MT5 app. Make sure you've connected it with your computer's terminal. (I have attached a screenshot of a test notification, for illustration purposes)
  • Alert on Terminal: If "true", the EA will send alerts in a new window when new patterns form, or when there's an error with a trade order.
  • Print on Journal: If "true", the EA will print in the Journal tab of the terminal. It's the lowest form of communication between the user and the EA.

Important Note: 
-This tool only works on the attached symbol.
-The drawn FVG boxes are not extended to the right, in order to keep the chart clean and easy to read.
-The EA doesn't execute/modify trades, so there's no need to have "Algo Trading" enabled in the EA's settings

Feel free to message me for any special enquiry or question about this tool. I'm always open to help and hear to your suggestions. I'd highly appreciate a review on the product's page if you're satisfied!

You can check my Website for the full list of Metatrader tools I provide.




Reviews 5
Benjamin Afedzie
4110
Benjamin Afedzie 2025.07.04 20:32 
 

best indicator

Aravind Kolanupaka
10370
Aravind Kolanupaka 2024.05.15 23:39 
 

Useful. Thank you for sharing.

Tradart
14
Tradart 2024.11.13 13:30 
 

Good

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5 (4)
Trade Copier Ultimate - Telegram to MT5 Signal Copier Trade Copier Ultimate automatically copies Telegram trading signals into MetaTrader 5. The EA can read signal messages, detect the symbol, order type, entry price, Stop Loss, Take Profit levels and selected update commands, then execute or manage the trade in MT5 using your lot and risk settings. It is more than a basic Telegram to MT5 copier. TCU also supports Bot API and user-account Bridge workflows, Discord signal routing, local MT5 to MT
Premium Trade Manager - The Trade Panel With a Coach Built In Premium Trade Manager puts a trading coach inside your chart, with a full execution engine underneath it. Set the trade up the way you always do, then let Max, your AI trading coach, read that exact setup against your live account and give you a straight verdict before you commit: is the stop disciplined, is the risk sane, is a high-impact release minutes away, are you near a prop-firm limit. Below sits the engine that runs everything
MT5 to Telegram Signal Provider turns your trading account into a signal provider. Every trade action, whether manual, by EA or from your phone, is instantly sent as a message to Telegram. You can fully customize the format or use a ready-made template for quick setup. [ Demo ] [ Manual ] [ MT4 Version ] [ Discord Version ]     New: [ Telegram To MT5 ] Setup A step by step user guide is available. Key Features Ability to customize order details sent to subscribers You can create a tiered subs
Trade Dashboard MT5
Fatemeh Ameri
4.95 (132)
Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
Risk Manager Pro MT5
Roman Zhitnik
5 (8)
Risk Manager Pro MT5 is an account protection Expert Advisor for traders who want strict risk control inside MetaTrader 5. The utility monitors your account equity, daily and weekly results, drawdown, open positions, trade count, consecutive losses, and trading hours. When a configured limit is reached, it can automatically close positions, cancel pending orders, stop other EAs, send notifications, or close the terminal. Instead of relying on discipline during a stressful trading session, you de
EA Portfolio Analyzer
Jimmy Peter Eriksson
4 (1)
Installation Guide:  Click Here! Analyze Multiple Expert Advisors Together Compare EA Results By Magic Number Track Profitability And Drawdowns Filter Results By Date Range Visual Equity Curve And Detailed Metrics Ready To Use In Under One Minute EA Portfolio Analyzer EA Portfolio Analyzer is a professional analytics tool designed to monitor the live performance of multiple Expert Advisors in a clear and structured way. When running several EAs on the same account, it can be difficult to unders
SAFETYLOCK for MetaTrader 5 — premium protective locking and risk-management system SAFETYLOCK for MT5 is a professional utility for MetaTrader 5 that automatically creates an opposite protective pending order for an already opened position. When a trader or another Expert Advisor opens a trade, SAFETYLOCK can place a protective Buy Stop or Sell Stop at the specified distance. If the market moves against the original position, this order is activated and forms a controlled safety lock structure.
Quant AI Agents
Ho Tuan Thang
5 (1)
Quant AI Agents are independent trading Expert Advisors. Instead of trading using a fixed strategy like other conventional EAs, Quant AI Agents   is a   multi-agent AI trading framework   that turns natural-language strategy prompts into live.  WANT THE SAME RESULTS AS MY LIVE SIGNAL?   Use the exact same brokers I do:   IC MARKETS , IC TRADING   .  Unlike the centralized stock market, Forex has no single, unified price feed.  Every broker sources liquidity from different providers, creating un
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Trade Notifications
Konstantinos Kalaitzidis
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"Trade Notifications" is a utility tool, aimed to inform you either with mobile notifications or terminal alerts on every opened or closed trade, as well as the $ profit/loss result of each trade. It's a tool I've been using myself for a long time, and I decided to share it for free! Input Parameters:  (every input is a  true/false type,   double click on it to change its value)  Notify for Closed Positions PnL : If true, it'll notify you for the $ result of any trade that is closed. This way,
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Drawdown Protector MT4
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Drawdown protector is used to manage your desired Max Daily Drawdown. It's a highly valuable tool for traders, especially for prop firm traders, you need to be careful of the drawdown limits.  It's an effective EA that is simple to use for Equity Drawdown Management purposes.  It works by blocking new trades - and closing existing trades, when the floating Equity (not Balance) exceeds the Daily Loss limit you've set. Also, you can set a Maximum Loss Limit for a SINGLE trade, which if exceeded, i
News Filter Protector
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News Filter Protector is designed to protect your from having open positions/orders on news announcements. In today's world where news can cause unpredictable volatility and extended losses, such a tool is very helpful for your peace of mind since you don't need to check the calendar ever again!  Let's go through the Inputs of the EA to get an understanding of how each parameter works: --------------------------------News Settings-------------------------------- Currencies of the News to Filter
Lot Size Limiter
Konstantinos Kalaitzidis
This Expert Advisor helps enforce disciplined risk management by preventing new trades from being opened once a specified cumulative lot size across all open positions is reached. Designed for MT5, the EA continuously monitors the account’s active trades and calculates the total lot size. If the total exceeds the predefined limit, the EA temporarily blocks the execution of new market or pending orders. This is particularly useful for traders who want to control exposure/emotions during high-vola
Revenge Trading Protector
Konstantinos Kalaitzidis
5 (1)
Revenge Trading Protector is a simple but effective tool for traders who can fall victim to revenge trading. Being a day-trader myself, I understand the psychological aspect of revenge trading and the desire to cover the losses. So, I developed this tool (that I use myself too) to be 100% sure I’m able to remain patient after a loss and not make irrational trading decisions. When you take a loss, the Revenge Trading Protector EA prevents you from opening another order (either limit order, sto
Drawdown Protector
Konstantinos Kalaitzidis
5 (1)
Drawdown Protector is a utility tool used to manage your desired Max Daily Drawdown. In the era of prop firms and challenges, it's highly important to be aware of daily drawdown limits. It's an effective EA that is simple to use for Equity Drawdown Management and prevention of revenge trading.  Input parameters:   How many Hours to block trading? - Here, you set how many hours you want the EA to block new trades, after the Daily % Drawdown is breached. Value must be >0. Block trading until the n
Revenge Trading Protector MT 5
Konstantinos Kalaitzidis
5 (3)
Revenge Trading Protector is a simple but effective tool for traders who can fall victim to revenge trading. Being a day-trader myself, I understand the psychological aspect of revenge trading and the desire to cover the losses. So, I developed this tool (that I use myself too) to be 100% sure I’m able to remain patient after a loss and not make irrational trading decisions. When you take a loss, the Revenge Trading Protector EA prevents you from opening another order   (either limit order, sto
Scalping Scale in
Konstantinos Kalaitzidis
The "Scalping Scale in" is a utility tool designed for scalpers who want to scale in an initial position at fixed distances without worrying about the S/L and T/P placement, because every second counts when scalping. How it works: You set your desired values in the inputs tab of the EA, and more specifically what Risk-to-Reward you want the T/P to be placed, how wide you want your S/L (in pips) - which also is the distance of the next next stop order (scale in position). You manually click Buy
The "Candlestick Patterns Trade Panel" is the ultimate tool for traders who trade with Candlesticks Patterns and want the process of identifying a pattern and executing a trade, to be quick and effortless . With various but key input options, this tool suits to people who want to automate their candlesticks patterns manual trading, or assist them to take trades manually but faster than before, or simply inform them with the patterns they want to see. Let's go through the Trade Panel that appears
Anti Grid Position Protector
Konstantinos Kalaitzidis
Anti Grid Position Protector is a utility tool designed to protect you from the temptation of adding to a losing position in a hope of a drawdown recovery, or trying to hedge when you're not intended too. --------------------------Inputs--------------------------- Allow Hedging on Losing Positions? - It's a true/false input (double click to switch its value) which allows/disallows opening a trade (either pending order or market execution) in the opposite direction on an existing losing position
FVG Screener PRO
Konstantinos Kalaitzidis
5 (1)
The "FVG Screener PRO" is a utility tool designed to identify and alert on "fair value gaps" (FVGs), a concept popularized by ICT, but also to allow fast and efficient trade executions through its panel. This EA is intended to be used by traders who use fair value gaps in their trading.  The panel provides a simple and intuitive interface for selecting the desired timeframes, enabling traders to focus on specific timeframes regardless of the timeframe that their chart is on. The EA scans the mar
Symbol Drawdown Manager
Konstantinos Kalaitzidis
Symbol Drawdown Protector is a utility tool used to manage your desired Max Daily Drawdown only on a  specific trading symbol. It's like a %-based stop loss, but it's functioning as a revenge protector tool too. In the era of prop firms and challenges, it's   highly important   to be aware of daily drawdown limits. It's an effective EA that is simple to use for Equity Drawdown Management and prevention of revenge trading.  Input parameters:  Daily % Drawdown  - Here you set the Maximum Daily Dra
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leha007
49
leha007 2026.01.15 17:21 
 

User didn't leave any comment to the rating

Konstantinos Kalaitzidis
7676
Reply from developer Konstantinos Kalaitzidis 2026.01.15 17:29
Thank you for your kind words!
Benjamin Afedzie
4110
Benjamin Afedzie 2025.07.04 20:32 
 

best indicator

Konstantinos Kalaitzidis
7676
Reply from developer Konstantinos Kalaitzidis 2025.07.04 20:34
I'm glad you like the Fair Value Gap tool Benjamin! Thank you!
Tradart
14
Tradart 2024.11.13 13:30 
 

Good

Konstantinos Kalaitzidis
7676
Reply from developer Konstantinos Kalaitzidis 2024.11.13 14:32
I appreciate it, thanks 🙌
Aravind Kolanupaka
10370
Aravind Kolanupaka 2024.05.15 23:39 
 

Useful. Thank you for sharing.

Konstantinos Kalaitzidis
7676
Reply from developer Konstantinos Kalaitzidis 2024.05.15 23:43
You're welcome! Thank you for trying it :)
SyahrulSulaiman
60
SyahrulSulaiman 2024.05.10 01:05 
 

User didn't leave any comment to the rating

Konstantinos Kalaitzidis
7676
Reply from developer Konstantinos Kalaitzidis 2024.05.10 06:56
Thank you, I'm glad you like it!
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