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$0
Type: Utilities
Seller: Konstantinos Kalaitzidis
Published: 8 May 2024
Updated:
Version: 1.83
Downloads: 3900
The EA scans the market for imbalances or FVGs, which are essentially discrepancies between the current market price of a currency pair and its calculated fair value. Once an FVG is detected, the EA draws the level on the chart for visualization purposes. WIth the speed of a click, the user can show/hide any specific timeframe's FVG, making it an invaluable tool for traders who see efficiency in their charting.
There's a PRO version of this tool, which allows quick trading executions with in-built buttons and features! You can check it by clicking .
Let's go through the Trade Panel that appears on the top left corner of the chart, once you place the EA on the Symbol you want to use it on:
Input Parameters:
--------------------------Fair Value Gap Settings---------------------------
Important Note:
-This tool only works on the attached symbol.
-The drawn FVG boxes are not extended to the right, in order to keep the chart clean and easy to read.
-The EA doesn't execute/modify trades, so there's no need to have "Algo Trading" enabled in the EA's settings