Gap Rider


GapRider EA - Dynamic Buy-Side Gap Trading Expert Advisor

Overview

GapRider EA is a sophisticated, adaptive Expert Advisor (EA) designed for MetaTrader 5, specializing in buy-side gap trading. This EA identifies significant market gaps and places strategic buy orders, leveraging dynamic sizing based on market volatility to optimize trade entries and exits. With a robust set of features, GapRider offers traders a powerful tool to capitalize on price retracements following large market movements, suitable for both novice and experienced traders.

Key Features

  • Dynamic Sizing Technology: Automatically adjusts stop loss, trailing stop, and entry conditions based on the average candle range, ensuring adaptability to changing market conditions.
  • Gap Detection Mechanism: Identifies large price movements (gaps) exceeding a user-defined threshold (default: 3x the average candle range) to pinpoint high-probability trade setups.
  • Price Recovery Strategy: Optionally waits for price to drop below the gap low and recover before entering trades, increasing the likelihood of catching reversals.
  • Order Adjustment System: Monitors and adjusts pending orders to lower lows within a specified lookback period, optimizing entry points.
  • Trailing Stop Management: Dynamically trails stop losses based on market volatility to secure profits while allowing room for price fluctuations.
  • Visual Chart Markers: Displays clear visual cues (arrows and lines) on the chart for gap signals, pending orders, and virtual order levels, enhancing trade transparency.
  • Flexible Risk Management: Configurable stop loss, lot size, and maximum open orders to align with your risk tolerance.
  • Comprehensive Logging: Provides detailed debug and trade logs for performance analysis and strategy refinement.

Input Parameters

  • MagicNumber (12345): Unique identifier for the EA’s trades, preventing conflicts with other EAs.
  • Timeframe (H1): Analysis timeframe for detecting gaps and calculating average candle ranges.
  • LotSize (0.01): Trade volume for each order, customizable to suit your account size.
  • TrailingStopMultiplier (1.5): Multiplier for dynamic trailing stop, calculated as a multiple of the average candle range.
  • UseStopLoss (false): Enable/disable stop loss for trades.
  • StopLossMultiplier (3.5): Multiplier for stop loss distance, based on the trailing stop size.
  • MaxOpenOrders (5): Maximum number of pending orders allowed at any time.
  • Slippage (3): Maximum price slippage allowed for order execution (in points).
  • RangeMultiplier (3.0): Threshold for gap detection, as a multiple of the average candle range.
  • AveragePeriod (100): Number of candles used to calculate the average range for dynamic sizing.
  • LookbackCandles (5): Number of candles to monitor for lower lows when adjusting orders.
  • AdjustOnRedCandle (true): Adjusts pending orders when a bearish (red) candle forms.
  • DelayPeriods (2): Number of candles to wait before placing a pending order after a gap signal.
  • WaitForRecovery (true): Requires price to drop below the gap low and recover before entering a trade.
  • RecoveryDepthMultiplier (3.0): Multiplier for the depth price below the gap low, used for recovery confirmation.

How It Works

  1. Gap Detection: The EA monitors the specified timeframe (e.g., H1) for candles with ranges exceeding the user-defined threshold (RangeMultiplier × average candle range). These gaps signal potential reversal opportunities.
  2. Dynamic Sizing: The EA calculates the average candle range over the specified period (AveragePeriod) to set adaptive stop loss, trailing stop, and minimum distance parameters, ensuring responsiveness to market volatility.
  3. Pending Signal Queue: After detecting a gap, the EA waits for the specified delay period (DelayPeriods) and identifies the lowest low during this time to optimize the entry price.
  4. Recovery Confirmation (Optional): If WaitForRecovery is enabled, the EA creates a virtual order, waiting for the price to drop below the gap low by a dynamic depth (RecoveryDepthMultiplier × average candle range) and then recover to the trigger price before executing a market buy order.
  5. Order Adjustment: If AdjustOnRedCandle is enabled, the EA monitors pending orders for lower lows within the LookbackCandles period and adjusts them to optimize entry points.
  6. Trailing Stop: Open positions are managed with a dynamic trailing stop, calculated as TrailingStopMultiplier × average candle range, to lock in profits while allowing for market fluctuations.
  7. Order Management: The EA enforces a maximum number of pending orders (MaxOpenOrders) and ensures new orders are placed at a minimum distance from existing ones, preventing overtrading.

Why Choose GapRider EA?

  • Market Adaptability: Automatically adjusts to varying market conditions using dynamic sizing based on real-time volatility.
  • Strategic Entry Points: Leverages gap reversals and optional recovery confirmation for high-probability trades.
  • Risk Control: Offers flexible stop loss and trailing stop options, plus a maximum order limit to manage exposure.
  • User-Friendly Visualization: Clear chart markers and detailed logs make it easy to monitor and understand the EA’s actions.
  • Customizable Parameters: Tailor the EA to your trading style with adjustable settings for timeframe, lot size, and risk management.

Recommended Settings

  • Forex Pairs: Best suited for major pairs (e.g., EUR/USD, GBP/USD) with high liquidity and volatility.
  • Timeframe: H1 (default) for balanced signal frequency and reliability; adjust based on your trading style.
  • Account Size: Recommended minimum balance of $1000 for LotSize = 0.01 to manage risk effectively.
  • Broker Requirements: Low-spread ECN broker with fast execution to minimize slippage.

Installation and Setup

  1. Copy the GapRider.mq5 file to your MetaTrader 5 Experts folder.
  2. Attach the EA to a chart of your chosen symbol and timeframe.
  3. Configure the input parameters based on your trading preferences and risk tolerance.
  4. Enable AutoTrading in MetaTrader 5 and ensure the EA is running.
  5. Monitor the Experts and Journal tabs for detailed logs and trade updates.

Support and Updates

  • Support: Contact the developer via the MQL5 Market platform for assistance or customization requests.
  • Updates: Regular updates will be provided to enhance performance and adapt to market changes.

Disclaimer

Trading involves significant risk, and past performance is not indicative of future results. Always test the EA on a demo account before using it in a live environment. Ensure you understand the EA’s functionality and settings to align with your trading goals.

Maximize your trading potential with GapRider EA – your intelligent partner for capturing gap-based opportunities in the forex market!


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Pulse Engine
Jimmy Peter Eriksson
4.22 (27)
PREZZO DI LANCIO – RIMANGONO POCHE COPIE! L'obiettivo principale di questo sistema è garantire prestazioni ottimali a lungo termine senza ricorrere a strategie di martingala o a griglie rischiose. COPIE MOLTO LIMITATE AL PREZZO ATTUALE Prezzo finale:   $1499 [Segnale in diretta]    |    [Risultati del backtest]    |    [Guida all'installazione]    |    [Risultati FTMO] Un approccio diverso al trading Pulse Engine non utilizza indicatori o intervalli temporali specifici. Il suo approccio è unico
BB Return mt5
Leonid Arkhipov
4.6 (117)
BB Return — un Expert Advisor (EA) per il trading dell’oro (XAUUSD). Questa idea di trading è stata utilizzata in precedenza da me nel trading manuale . Il cuore della strategia è il ritorno del prezzo all’interno del range delle Bollinger Bands , ma non in modo meccanico né a ogni contatto. Nel mercato dell’oro le bande da sole non sono sufficienti, per questo l’EA utilizza filtri aggiuntivi che eliminano condizioni di mercato deboli o non operative. Le operazioni vengono aperte solo quando la
ArtQuant Gold
Miguel Angel Vico Alba
4.48 (23)
ArtQuant Gold è un Expert Advisor professionale per MetaTrader 5 , sviluppato esclusivamente per il trading automatizzato su Gold / XAUUSD e compatibile con le varianti più comuni dei simboli dell’oro utilizzate dai diversi broker. L’EA è costruito su un motore di trading strutturato, multi-modulo e basato su logica grid , progettato per gestire esposizione, controllo dei cicli, filtri di esecuzione e protezione virtuale delle operazioni attraverso un’interfaccia utente semplificata e profession
Osloma Gold
Uttam Kumar Nandeibam
4.64 (11)
Live Signal 01  ( ICMarkets)  |  Live Signal 02 (Exness, New)  |  Live Signal 03 (ICMarkets, Autolot, New) Ottienilo oggi a   $499  - Restano solo 8 copie a questo prezzo | Successivamente il prezzo sarà aggiornato a $699 . Consulta la  Guida alle impostazioni e ai parametri di input per la configurazione. Osloma Gold (OG) è un Expert Advisor dinamico basato sulla struttura del mercato, progettato specificamente per l’Oro (XAUUSD) . Combina una logica di ingresso strutturata, analisi di mercato
Gold House MT5
Chen Jia Qi
4.61 (49)
Gold House — Gold Swing Breakout Trading  To celebrate the release of the Gold House v3.0 Adaptive Mode update, we are opening a limited-time discount event. 30% OFF (Regular Price: $749), limited to 10 copies only. Once the discounted copies are sold out, the price will return to normal. Live Signals: Adaptive Mode: Coming Soon Profit Priority mode: https://www.mql5.com/en/signals/2359124 BE priority mode :  https://www.mql5.com/en/signals/2372604 Important: After purchasing, please remember
Impulse MT5
Simon Reeves
5 (7)
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A dual-strategy gold EA that waits for the perfect shot. Live Signal:  https://www.mql5.com/en/signals/2375861 To preserve the market conditions that make this strategy effective, the price increases to $399 after the next 5 sales. Impulse is a momentum grid EA designed exclusively for XAUUSD, combining two independently developed entry strategies into a single unified grid framework. 2 momentum-based scalper strategies
Quantum Emperor MT5
Bogdan Ion Puscasu
4.86 (506)
Presentazione       Quantum Emperor EA   , l'innovativo consulente esperto MQL5 che sta trasformando il modo in cui fai trading sulla prestigiosa coppia GBPUSD! Sviluppato da un team di trader esperti con esperienza di trading di oltre 13 anni. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Acquista Quantum Emperor EA e potresti ottenere Quantum StarMan     gratis!*** Chiedi in privato per maggiori dettagli Segn
Gold Snap
Chen Jia Qi
4.56 (9)
Gold Snap — A Fast Profit Capture System for Gold Live Signal: https://www.mql5.com/en/signals/2362714 Live Signal2: https://www.mql5.com/en/signals/2372603 Only 3 copies remaining at the current price. The price will be increased to $599 soon. Important: After purchasing, please contact us by private message to receive the user guide, recommended settings, usage notes, and update support.  https://www.mql5.com/en/users/walter2008 Welcome to join our MQL5 channel for product updates and trad
GoldSpire MT5
Mohamed Gaith Mouzeik
GoldSpire MT5 è un Expert Advisor professionale di tipo Grid e Basket per MetaTrader 5, sviluppato per il trading su XAUUSD / Gold. L’EA combina una gestione del grid controllata, filtri di mercato adattivi e funzioni di protezione integrate per gestire i cicli di trading in modo strutturato e consapevole del rischio. Live Signal: https://www.mql5.com/it/signals/2377351 GoldSpire MT5 non è progettato come un semplice robot grid che apre posizioni in modo continuo. L’EA analizza l’ambiente di mer
Dynamic Liquidity Intelligence Prezzo scontato. Il prezzo aumenterà di 50 $ ogni 10 acquisti. Prezzo finale 1999 $. Live Signal Fix 0.01 Live Signal $2000  300=0.01 Live Signal $5000  500=0.01 Live Signal $10000  1000=0.01 ALL LIVE SIGNALS Conservativo: 0.01 lotti ogni $1,000 di saldo. Moderato: 0.01 lotti ogni $500 di saldo. Aggressivo: 0.01 lotti ogni $300 di saldo. — Un sistema progettato per leggere la vera struttura del mercato, cacciare la liquidità con precisione ed eseguire le ope
Lizard
Marco Scherer
4.64 (11)
COS'E LIZARD? Lizard e un Expert Advisor completamente automatizzato per XAUUSD (Oro) su MetaTrader 5. Nessun martingala. Nessuna griglia. Nessuna media. Ogni operazione e gestita da un sistema di uscita multistrato — automaticamente, 24 ore su 24. Segnale live: https://www.mql5.com/en/signals/2372821   COME FUNZIONA? Lizard analizza il grafico XAUUSD cercando swing su piu timeframe. E necessario un vero breakout per attivare l'ordine. 9 strategie indipendenti operano simultaneamente.   CARATTE
Harmonia MT5
Mauro Augello
5 (14)
Harmonia è un Expert Advisor sviluppato esclusivamente per XAUUSD. Integra sei strategie indipendenti con TP/SL, ciascuna attivata in base a specifiche condizioni di mercato e al comportamento del timeframe. L’EA gestisce automaticamente ingressi e filtri, con l’obiettivo di garantire un’esecuzione precisa, disciplinata e controllata. La sua logica è focalizzata sull’individuazione di segnali ad alta probabilità, senza utilizzare grid, martingala o tecniche di mediazione. Ogni operazione viene a
XIRO Robot MT5
MQL TOOLS SL
5 (31)
XIRO Robot is a professional trading system created to operate on two of the most popular and liquid instruments on the market:  GBPUSD, XAUUSD and BTCUSD . We combined two proven and well tested systems, enhanced them with multiple new improvements, optimizations and additional protective mechanisms, and integrated everything into one advanced and unified solution. As a result of this development process, XIRO Robot was created. Robot was designed for traders who are looking for a reliable and
Altri dall’autore
Custom indicator take your MA to the next level allowing you to combine MA from up to 5 different symbols ! why? this way your decision making is based on the complimenting market  example: you trade Nasdaq but want to have an eye on the Bitcoin and Russell 2000 at the same time to know market trend or trading XRP but want to have the global view at your edge now its possible  Make sure the symbols match your broker ist Case sensitive US100Cash or XAUEUR# and so on... depending on your broke
FREE
Summorai Questo indicatore somma fino a 5 medie mobili di diversi simboli e le posiziona comodamente sul tuo grafico. Come usarlo? Basta trascinare l'indicatore su un grafico e inserire i nomi dei simboli esattamente come appaiono nella tua finestra di osservazione del mercato. In questo modo, puoi tenere sempre sotto controllo il trend globale. Esempio di utilizzo: Fai trading sul DAX40 sul grafico dell'indicatore, è utile aggiungere Nasdaq100, S&P500 e Dow30 per confermare il trend. Esempio 2:
FREE
Trailer Is a reduced version of my EA bull scalper  but will handle trailing loss and risk management  use the ai trailing tool to effect the trailing start or chose manual mode to start the trailing and the spread of the sl behind it check out the EA Bull Scalper for full position Management position opening and extreme performance  https://www.mql5.com/en/market/product/116071?source=Site+Profile+Seller
FREE
Get you a Free Utility EA that will show closed positions results on your chart fun little feature that make every trader really happy EA will not open or manage position only show historical results on the chart chose color and size  Please leave 5 start review if you liked this free tool make sure to check out my trading EA  the EA Bull scalper  https://www.mql5.com/en/market/product/116071?source=Site+Profile+Seller or the  EA Bear Scalper  https://www.mql5.com/en/market/product/123680?s
FREE
Bullish Scalping EA - Your Go-To Expert Advisor for Bullish Day Trading scalping in MetaTrader 4! Automate your trading on any forex trading crypto trading indices scalping or even swing trading or stocks trading in every strategy from fast scalping trading to swing trading  the ea will not limit the digit number of trailing loss and spread so basiclly you could use it to secure long holds Special for 24Hours   will be back to 125$ soon!! Please leave a 5 star***** rating if you like this EA! T
Markets Are falling??? here is the best tool in the market to turn a sad face to a happy one! scalp trade the fall now   Hello Sellers here is my EA Sell Bearish Scalper trader it can be used on any open window but look out and play with the parameters !! Limited time for 45$ then i go to the retail price of 299$  Leave a comment and review  5 stars means you like it :) Make me happy  Please see video:  https://youtu.be/yE3GF4ku36Q Introducing  Expert Advisor designed to trade in combinat
Meta trader 4 Slalom Scalper welcome to my instrument for Long and short rapid pro scalping imagine taking a trade and hitting your stop loss.. sad.. but with the slalom scalper that trade will revert itself to a reversed position and try to hit the TP  the slalom also can open both buy and sell position on the same signal hedging you on every top or new bottom just try and see how every breakout becomes a signal
Bull Scalper EA – Strumento professionale per lo scalping L'EA Bull Scalper ti consente di controllare al massimo il meccanismo delle operazioni di acquisto. Innanzitutto, l'EA apre un'operazione, che può anche essere disattivata con l'impostazione "true" o "false" in "apri acquisto se non presente". Successivamente, gestisce una perdita di trascinamento (trailing stop) una volta che la posizione è in profitto. Puoi controllare il trailing con: Inizio del trailing - dato in punti, determina l'a
Hello Sellers here is The companion of the EA BULL Scalper the EA BEAR Scalper is a Sell Scalping trader it can be used on any open window but do look out and play with the parameters !! Limited time 35$ for 100copies  $then i go to the retail price of 225$  please comment review and ask what ever you need :) using in AI mode will be easy and self explain the green line represent where the next position in the grid will be opened you can control the spacing of the general dynamic grid system an
Meet SLALOM: Your Trading Companion with Smart Recovery! Hey there, fellow trader! Looking for an EA that not only finds great opportunities but also bounces back when the market doesn't go your way? Please comment review and share your results with the slalom scalper Say hello to SLALOM!  What Makes SLALOM Special: **Spots Opportunities**: SLALOM keeps an eye on the market for you, jumping on new highs and lows when others might miss them **Bounces Back After SL**: When a trade hits stop-lo
OK here it is!! I must confess I'm a big fan and user of my Bullscalper and Bear scalper... but this ea is really showing amazing results  what does it do: this ea will open positions based on Fibonacci chart that will be magnetize to your on chart the use of time frame has no meaning the Fibonacci stick to the high and low looking back in hours  my suggestion is any thing from a week time to a month  let it work its charm second it will secure positions with an automatic trailing loss Have f
Fibonacci Scalper Pro is a seller based scalper on a dynamic fibonacci retracement * look back in hours will control the Fibonacci calculation * trailing loss tracker will keep you happy recommend setting is at least 48hours with with a trailing setting of around 400 and 300 spread  of course with your own optimization you can get better and better results  but the normal out come from this ea and my buy fibonacci ea are pretty amazing and stable  Im looking forward to here your comments and r
Hedge Scalper EA Hedge Scalper EA is an advanced MQL5 Expert Advisor designed for scalping on volatile indices.Built on the foundation of the popular EA Bull Scalper v4, it extends buy-side grid trading with limited hedging capabilities—allowing long positions for bullish momentum capture, while capping shorts for controlled downside protection. Key Features: Dynamic Grid Spacing : Uses AI-driven calculations (based on candle volatility and bearish sentiment) or manual points to maintain a minim
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