FVG Screener PRO

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 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.

Most importantly, the user can click the button "Pending" where the following will happen:

1) Two horizontal lines will appear on the chart. One Green and one Red (by default colors, but are customizable). The Green line represents the entry level, and the Red one the stop loss level.
If you place the Green line above the current price, with the red line below the green line, then the EA recognizes the pending order as a buy stop order, and once you click "Execute", the EA places the trade with the Risk % and Take Profit RR you set in the panel.
If you place the Green line below the current price , with the red line below the green line, then the EA recognizes the pending order as a buy limit order, and once you click "Execute", the EA places the trade with the Risk % and Take Profit RR you set in the panel.
If you place the Green line above the current price , with the red line above the green line, then the EA recognizes the pending order as a sell stop order, and once you click "Execute", the EA places the trade with the Risk % and Take Profit RR you set in the panel.
If you place the Green line below the current price , with the red line above the green line, then the EA recognizes the pending order as a sell limit order, and once you click "Execute", the EA places the trade with the Risk % and Take Profit RR you set in the panel.

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
• Risk: % : Here you type the Risk percentage you want the trades to have (1%, 0.5% etc.) - You MUST have a value here otherwise it won't open trades
• Take Profit: R:R : Here you type the Risk-to-Reward ratio of the trade you want to open. In example, if set at "3" and you place a trade with a SL of -10 pips, the TP will be at +30 pips.

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
• Color of "Pending" Button: Color of the "Pending" Button that is at the bottom of the EA's trade panel.
• Color of "Market" Button: Same as above
  
• Color of "Execute" Button:  Same as above
  
• Color of Entry Line: Color of the "Entry" line which is used for the Pending orders. It's Green by default, but if you have a dark chart background, it's better to be changed to a bright color.
  
• Color of SL Line:  Color of the "Entry" line which is used for the Pending orders. It's Red by default, but if you have a dark chart background, it's better to be changed to a bright color.
  

• 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)
• Notify for Closed Positions PnL?: If "true", the EA will notify you on your phone's MT5 app with the trade's result for the current symbol only. More about how it works, here.
• 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.