Description

Fair Value Gap Continuation EA

Short Tagline: A Smart Money continuation strategy centered on Fair Value Gaps (FVG) — three-candle im…

Short Description:
Fair Value Gap Continuation EA is a fully automated smart money / trend continuation. Expert Advisor for MT4 and MT5. A Smart Money continuation strategy centered on Fair Value Gaps (FVG) — three-candle imbalances where the wicks of candle 1 and candle 3 do not overlap, leaving an inefficiency. Built-in risk controls and market filters keep execution disciplined across live and demo accounts.

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Overview

A Smart Money continuation strategy centered on Fair Value Gaps (FVG) — three-candle imbalances where the wicks of candle 1 and candle 3 do not overlap, leaving an inefficiency. The strategy enters continuation trades when price retraces into an unfilled FVG in the direction of the prevailing trend.

Features

• Custom FVG detection (3-candle imbalance)
• EMA50 (trend bias)
• Market structure
• Configurable stop-loss, take-profit, and trailing logic
• Session, spread, and news-time filters for disciplined execution
• One-trade-per-bar / duplicate-signal protection
• Clean, single-file MQL4 and MQL5 implementations
• No hidden logic — every input is exposed and documented
• No martingale, no grid, no hidden recovery logic

Trading Strategy

Entry logic: – Bullish FVG: gap between candle-1 high and candle-3 low during an up-move. In an uptrend (price > EMA50, bullish structure), enter long when price retraces into the FVG and shows rejection.

• Bearish FVG: mirror for downtrend.
• Prefer FVGs created by a displacement/BOS candle.

Exit logic: – Exit at the next liquidity target or when price fully closes through a new opposing FVG.

Stop-loss: SL beyond the far edge of the FVG (below bullish FVG / above bearish FVG) plus small buffer.

Take-profit: TP1 at the recent swing (partial), TP2 at 3R or the HTF objective.

Trailing stop: Trail behind successive FVGs or swing points once trend continues.

Break-even: Break-even at 1R.

Why it works: High R:R continuation entries.; Objective 3-candle definition is codeable..

Recommended Settings

• Timeframes: M5, M15, H1 for entries; H4 for directional bias.
• Instruments: EURUSD, GBPUSD, XAUUSD, NAS100, BTCUSD.
• Account type: ECN/Raw spread accounts preferred
• Minimum recommended balance: $500+ (adjust lot sizing to your risk tolerance)
• VPS: Recommended for 24/5 uptime and consistent execution
• Risk management: Risk 1% per trade. Only trade FVGs aligned with HTF bias. Max 3 open trades.

Supported Markets

Forex majors, gold, indices, and crypto CFDs.

Supported Brokers

Compatible with any regulated MT4 or MT5 broker offering standard order execution (market or instant execution). Works with ECN, STP, and standard account types. No broker-specific dependencies.

Installation Guide

1. Download the .ex4 (MT4) or .ex5 (MT5) file from your purchase delivery.
2. Open MetaTrader, go to File → Open Data Folder.
3. Copy the file into MQL4/Experts (MT4) or MQL5/Experts (MT5).
4. Restart MetaTrader or right-click Expert Advisors in the Navigator and select Refresh.
5. Drag the EA onto the chart of your chosen symbol and timeframe.
6. Enable Allow live trading (and Allow DLL imports if prompted) in the Common tab.
7. Adjust inputs to match your risk profile, then click OK.
8. Confirm AutoTrading is enabled in the toolbar.

• Session filter: London and New York sessions; skip low-liquidity hours.
• Spread filter: Reject if spread > 2 pips (majors) / symbol threshold.
• News filter: Pause entries 15 minutes around high-impact releases.
• Volatility filter: FVG must originate from a displacement candle whose range exceeds 1.3 x average range.

Risk Disclaimer

Trading forex and CFDs carries a high level of risk and may not be suitable for all investors. Past performance, backtest results, and simulated outcomes are not indicative of future results. This EA does not guarantee profits. Always test thoroughly on a demo account before deploying real capital, and never risk funds you cannot afford to lose.

Version

v1.0.0

Support

Support is provided through the marketplace messaging system. Please include your broker, symbol, timeframe, and EA version when reporting an issue.

Updates

Free updates are provided for bug fixes and compatibility improvements. Feature updates may be released as versioned upgrades.

FAQ

Q: Does this EA work on both MT4 and MT5?
A: Yes, separate optimized builds are provided for each platform.

Q: Can I run this on multiple pairs at once?
A: Yes, attach separate instances to separate chart/symbol combinations.

Q: Does it use martingale or grid recovery?
A: No. This is a pure signal-based strategy with defined risk per trade.

Q: What timeframe works best?
A: M5, M15, H1 for entries; H4 for directional bias. for the cleanest signals, but the EA can run on other timeframes with adjusted inputs.

Q: Is a VPS required?
A: Not required, but strongly recommended for uninterrupted 24/5 operation.