Prop Firm EA Fleet is a collection of MetaTrader 5 robots designed for passing prop firm evaluations and managing funded accounts. The suite utilizes various strategies including market structure analysis, session range breakouts for London and New York sessions, and high-frequency scalping. It features strict risk man
Trading robot · MT5
Ifvg London Breakout Algo
This Expert Advisor for MetaTrader 5 combines a London session breakout strategy with an Inverse Fair Value Gap (IFVG) trend continuation model.
GitHub stars3
Forks2
Last update1 year ago2 Jun 2025
LicenceNone stated
Overview
Designed for the EUR/USD M5 timeframe, it identifies price ranges during predefined morning hours to set pending breakout orders while simultaneously monitoring Smart Money Concepts patterns. The bot includes comprehensive trade management features such as automated break-even levels, trailing stops, and tick volume filters to avoid low-liquidity periods. It also provides seasonal and time-based trading restrictions to filter specific months or holiday periods.
- Dual breakout and IFVG entry logic
- Smart Money Concepts price action patterns
- Automated break-even and trailing stop management
- Configurable session and seasonal trading filters
Details
Author
964quanyuan on GitHub
Type
Trading robot
Platform
Strategy
Markets
Forex
Timeframes
M1-M5
Risk Profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA Files
Input Parameters
Read from ifvg_brkt_algo.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
TickVolumeFilter | bool | true | |
MinTickVolume | int | 1250 | |
TradeJulyToOctober | bool | false | |
Trade11AMPeak | bool | false | |
RangeStopTime | int | 11 | |
RangeStartTime | int | 3 | |
PendingCancelTime | int | 18 | |
DefaultPointsForTP | int | 800 | |
DynamicPointsForTP | bool | false | |
OrderSize | double | 2 | |
BreakEvenAt | double | 100 | |
BreakEvenStop | double | 20 |
Show all 30 inputs
| Name | Type | Default | Description |
|---|---|---|---|
TrailStartAt | double | 240 | |
TrailDistance | double | 100 | |
SLTPRatioLimit | double | 0.5 | |
BRKT_MagicNumber | int | 6996 | |
TRADEBRKOUT | bool | true | |
IFVG_MinFVG_Size | int | 15 | |
IFVG_LondonTradeStart | int | 9 | |
IFVG_NYTradeStart | int | 14 | |
IFVG_TradeJulyToOctober | bool | false | |
IFVG_TradeHolidayBreak | bool | false | |
IFVG_SLToBreakEven | bool | true | |
IFVG_OrderVolume | double | 3 | |
IFVG_TrailDistMult | double | 1.3 | |
IFVG_MagicNumber | int | 6969 | |
IFVG_IFVGToTradeDiff | int | 5 | |
IFVG_TPSLRatio | int | 4 | |
IFVG_FVGToIFVGDiff | int | 15 | |
TRADEIFVG | bool | true |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone 964quanyuan/fx-strategy from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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