Fair Value Gap EA

MQL5 Experts

Job finished

Execution time 2 days
Feedback from customer
Amazing first impression with this dev. Will continue to work with them
Feedback from employee
very clear instructions, amazing communication, its great to have worked with him!

Specification

Looking for someone to create Expert Advisor based on Fair Value Gaps/Imbalances. Entries and exits will be based on when price enters the buy or sell gaps with additional rules applied. EA should work on any timeframe and with pairs, metals and indices.

Additional Items Needed:

  • Trend Filter (EMA is fine for now) 
  • Money Management (Max - Min Risk Reward Options, Auto Lot Calculation, Trade X % of Balance)
  • Fair Value Gap Filter (e.g. filter out gaps smaller than X points)
  • Time of day to trade (e.g. 0630 - 1230, 1330 - 1930, etc.)
  • Stop Loss placed at the top or bottom of Candle 1
  • Take Profit based on risk to reward (calculating entry to stop loss size and multiplying that by a multiplier input)

    Examples of what a FVG is below

  • When a FVG is detected (after the close of candle 3), I would want a limit order placed in the same direction as the candle 2. So if candle 2 is red, I want a sell limit with the limit at the high of candle three and a stop loss at the high of candle one. If candle 2 (the candle that creates the FVG) is green, I want a buy limit placed at the low of candle 3 with a stop loss at the low of candle 1. 




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Project information

Budget
75+ USD
For the developer
67.5 USD