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SMC Series on Fair Value Gap

This is the second series of SMC series that focuses on Multi Timeframe (mtf) Fair Value Gap. You can get all this series for free if you purchase our SR Imbalance Scalping Indicator at https://www.mql5.com/en/market/product/66401?source=Site+Profile+Seller. The difference is only that the free version will need the indicator previously attached to run the EA.

Market is very dynamic, both manual trading and automatic trading has their own strengths and weaknesses. I believe you know about it already. To win this market you have to stay on your strategy that you believe in and be consistent with it. When you win you need to extend your winning as big as you can until it reaches your tp with less hesitation, when you lose you lose with your calculated amount. In the end your winning will cover all your losses with the profit. This truly applies on SMC other strategy with low winning rate but high return when it hits right.

This EA studies on our custom selected Fair Value Gap / Imbalance, opens the trade and manages the trade to the above purposes. You can choose different timeframe than your current chart and treat it as your second timeframe and trade is based on that second timeframe. You won't see the Fair Value Gap on chart as it is algorithmically calculated. Use default setting running on H1 above pair. 

Inside the settings :

- Number of Candles Analyzed

- Time frame chosen.

- FVG Zone :

  - Apply Min Max Zone

  - Minimum Zone Width

  - Max Zone Width

  - Apply Premium Zone Only

  - Apply Follow Trend

  - Number of Candles For Trend

- Basic Trade Setup : 

  - Fixed Lot Size

  - Auto Lot Size

  - Risk Per Trade

  - TP Method Options : Fixed TP, TP by Risk Reward, and Opposite Zone

  - Fixed TP in points

  - Reward Risk Ratio

- Apply Prop Firm Challenge Like Limitation

  - Challenge Amount

  - Percent Max Daily

  - Percent Max Loss

- Open Trade Options :

  - Apply Partial Close. 

  - Percent Distance for TP1

  - Percent Distance for TP2

  - Percent Close for TP1

  - Percent Close for TP2

  - Apply Trailing Stop Loss. Default is false. 

  - ATR Period

  - ATR Multiplier

- Grid & Trade Limitation ( just in case you want to exercise on this)

  - Max Pair

  - Apply Grid

  - Max Grid

  - Grid Pair Risk Percent

  - Grid Pair RR Target 

  - Number of Grid per ADR

  - Apply Martingale

  - Martingale Multiplier

- Magic Number


Note : 

- Run it on demo account first for few months before you are comfortable running it on live account.

 







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Bienvenido a       GoldExcel EA   , operador diario del par de divisas XAUUSD (oro). ¡Desarrollado por nuestro equipo y disponible en cuentas regulares, cuentas de utilería patrocinadas y competencias de utilería! ¡No utilice operaciones de alta frecuencia! See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Los precios de lanzamiento introductorios aumentarán cada pocas semanas. Live $1K account Aggressive :  https://www.mql5.com/en/signals/2133201 Live $5K Low Risk:
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ONLY 3 COPIES OUT OF 10 LEFT AT $99! After that, the price will be raised to $199. HFT  Propfirm Challenge Performance Monitor(Starting from $200) Account Number:  66668979 Server: ICmarketsSC-Demo06 Password: quantumhft1 You will get BONUS  worth $399 after you pass the HFT Prop Firm challenge round Quantum HFT Prop Firm is the EA is designed to pass the competition of HFT Prop Firms.  Please be aware that this Expert Advisor (EA) should not be used with a real account. Its sole pur
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Asesores Expertos
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Versión 1.60 2023.10.11
This update :

Improvement from previous version
Versión 1.50 2023.09.17
Major update on Pure FVG after extensive test :
- You can choose Sniper or Grid System. Default is Grid System.
- You can choose Challenge Mode or Regular Mode. Default is Regular Mode.
- Run it on M15.
- I am writing on manuals right now, hope you are patient with it but set file is provided
Versión 1.40 2023.06.27
This update :

- Improvement after optimization
Versión 1.30 2023.06.18
Improvement in many areas including new feature
Versión 1.20 2023.06.06
This update :

- Improvement from previous update
Versión 1.10 2023.05.29
This update :

- Adding spread filter
- Adding Partial Close behavior
- Adding mtf functionality