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FVG Trader MT4

FVG Trader is a fully automated trading system designed for the MetaTrader 4 platform. This EA is built on the principle of sweeping fair value gaps, executing trades under specific conditions such as time of day and others.

The EA operates on the following currency pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD, USDJPY, EURJPY, and GBPJPY. For optimal operation,  these pairs should have low spreads.

One of the key features is its risk management system. Users can specify their desired risk percent per trade, allowing for careful control over potential losses. Additionally, all trades placed by the EA have a predefined stop loss and take profit, further enhancing its risk management capabilities.

What sets this EA apart from other EAs is its high win rate coupled with low drawdown. This makes it a potentially profitable tool while keeping risk at a manageable level.

After setup, no manual intervention is required, making FVG Trader a convenient and user-friendly tool for both novice and experienced traders.

NOTE: 

1. This EA was tested on multiple brokers and the best results from EXNESS broker. Account type used was RAW SPREAD account with a leverage of 1:100

2. For best results, use EXNESS broker. Any other broker might not generate suitable results

3. This broker is only used for personal trading. There is no personal relation with this broker.

4. For backtesting, use M5 timeframe for AUDUSD, USDCHF, USDJPY, EURJPY, GBPJPY

5. For backtesting, use M15 timeframe for EURUSD, GBPUSD, NZDUSD, USDCAD

6. Current settings work best for current year, January 2023 to September 2023. EA may not perform well in past years 



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Experts
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Versão 1.5 2024.01.05
added drawing of FVGs