MQL5 PROJECTS – Code a Fair Value GapImbalance Strategy

A complete guide to coding a Smart Money Concept Fair Value Gap/Imbalance strategy using the MQL5 Algo-Trading Language
What you'll learn:
The fair value gap/ Imbalance pattern
How to code a Fair value gap EA
How to use partial close trade management to manage profitable trades
How to use non-martingale cost averaging to manage losing trades
Requirements:
Basic knowledge of MQL5
Description:
Price and Candlestick Patterns are the building blocks of quality technical analysis and price action. They are relatively easy to remember which makes them ideal for trade planning and system development. In this course, we shall delve into one of the most popular trend continuation price action patterns, the Fair Value Gap pattern. We shall explore what this pattern entails and how effectively we can trade it.Fair value gaps are price jumps caused by imbalanced buying and selling pressures. These gaps are sometimes called imbalance. These Imbalance patterns indicate a market situation were the supply of buyers is significantly higher than the demand of sellers. This can cause the price of an instrument to move quickly towards higher supply or lower demand. The fair value gap then shows the point on the chart where this rapid price movement occurred. FVGs can be seen on charts as large candles that are not completely covered by wicks of adjacent candles. The FVG formation consists of three candles and there are bullish and bearish FVGs.In this course, we shall code a strategy that uses Fair Value Gaps or Imbalance as its entry logic. We shall use ingenious trade management methods that maximizes profits by using partial close trade management and we shall cost average losing trades without using martingale to exit losing trades at Breakeven, allowing the trading account to grow without giving away gained profits. We shall code our expert advisor from scratch by programming it using the MQL5 language.For those that are still finding their way with MQL5, as long as you understand the basics of MQL5, this course is well tailored for you. We will patiently guide you through the process of strategy development and walk you through every line of code we shall craft. Hopefully by the end of this course, you will have gained the necessary skills to code similar trading strategies and be able to appreciate the effectiveness of the traded pattern and the trade management protocols the strategy uses.So hit hard on that enroll button now and join me in this incredible journey of coding a fair value gap trading strategy.
Who this course is for:
Anyone willing to learn how to create an imbalance or fair value gap EA
Homepage

https://www.udemy.com/course/mql5-projects-code-a-fair-value-gapimbalance-strategy/

MQL5 PROJECTS – Code a Fair Value GapImbalance Strategy Fast Download
MQL5 PROJECTS – Code a Fair Value GapImbalance Strategy Full Download