Simple FVG drop EA

MQL5 Experts

Specification

These conditions must be true on the 1m for entry:

1 hour high counting from top of wick of 1m green candle - length of time should be clearly commented and adjustable within code 

1H higher timeframe bias favouring short trade

Long top wick on a green candle - percentage of wick size compared to body adjustable within code, no gui required. Represents price rejection 

Then red candle lower then any coloured candle lower 

3 Candles should form 1 fair gap downwards 

Open sell order at the closest order block (price ending in 0 or 5) above the first long top wick on the green candle then a 3 pip stop up and 6 pip take profit down

Cancel limit order if doesn’t reach up to trigger order within 30 candles - commented and adjustable 

Same thing in reverse for long position 

Adjustable lot size and 1 loss maximum per day. Only one position open at a time 

Ability to enter timeframes to avoid so that I may enter news events and session times -- no gui needed just clearly editable code. Source code must be provided



















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Project information

Budget
40+ USD
For the developer
36 USD
Deadline
to 2 day(s)