Goblin MT5

Professional Multi-Timeframe FVG Analysis with Automated Sweep Detection

Goblin EA is a sophisticated automated trading system that specializes in Fair Value Gap (FVG) analysis across multiple timeframes. Using advanced sweep detection algorithms, Goblin identifies high-probability trading opportunities when price sweeps through established FVG zones.

? CORE STRATEGY

Fair Value Gap Methodology

Fair Value Gaps represent inefficient price movements where the market leaves unfilled spaces between candlesticks. These gaps often act as magnets for future price action, creating predictable trading opportunities when properly identified and traded.

Multi-Timeframe Analysis

• 1-Hour FVGs: Primary analysis timeframe for trend identification
• 4-Hour FVGs: Higher timeframe context and confirmation
• 1-Minute Execution: Precise entry timing on lower timeframe
• Hierarchical Priority: 1H FVGs take precedence over 4H FVGs

Sweep Detection System

Goblin monitors FVG zones continuously and triggers when:

• Price sweeps below bullish FVG middle level (long setup)
• Price sweeps above bearish FVG middle level (short setup)
• Sweep creates momentum imbalance requiring correction

? TECHNICAL EXECUTION PROCESS

Step 1: FVG Identification

• Automated detection of Fair Value Gaps on 1H and 4H timeframes
• Gap validation ensures proper candlestick formation
• Dynamic tracking of up to 10 FVGs per timeframe
• Mitigation monitoring with multiple calculation methods

Step 2: Sweep Detection

• Real-time monitoring of price interaction with FVG levels
• Sweep confirmation when price crosses FVG middle point
• Direction validation for bullish/bearish setups
• Visual markers for confirmed sweep events

Step 3: Entry Window Analysis

• 5-bar search window after sweep confirmation
• 1-minute FVG formation required for entry
• Gap validation between current and 2-bars-ago levels
• Entry timing at FVG boundary levels

Step 4: Trade Execution

• Automatic position opening when price touches entry FVG
• Stop Loss placement beyond sweep candle extremes
• Take Profit calculation based on configurable Risk/Reward ratio
• Position management until closure or invalidation

⚙️ CONFIGURATION OPTIONS

Strategy Parameters

• Risk/Reward Ratio: Configurable profit target multiplier (default 2:1)
• FVG Search Window: Entry opportunity timeframe (5 bars default)
• Minimum Loss: Optional minimum stop loss distance
• Lot Size: Fixed position sizing
• Magic Number: Unique trade identification

FVG Analysis Settings

• 1-Hour FVG Display: Enable/disable 1H timeframe analysis
• 4-Hour FVG Display: Enable/disable 4H timeframe analysis
• Maximum FVG Count: Limit active FVG tracking (10 default)
• Mitigation Type: Choose from multiple calculation methods

Mitigation Calculation Methods

• "Wick filled": Full gap closure by price extremes
• "Body filled": Gap closure by candlestick bodies only
• "Wick filled half": Partial closure to gap middle by wicks
• "Body filled half": Partial closure to gap middle by bodies

? KEY ADVANTAGES

✅ Professional Analysis

• Multi-timeframe coordination for context and precision
• Automated gap detection eliminates manual analysis
• Real-time mitigation tracking prevents outdated signals
• Visual confirmation with chart objects and labels

✅ Risk Management

• Automatic stop loss placement beyond invalidation levels
• Configurable risk/reward ratios for consistent profitability
• Position invalidation if setup breaks down
• Maximum one position at a time for controlled exposure

✅ Execution Efficiency

• Automated entry detection when conditions align
• Precise timing using 1-minute FVG formations
• No manual intervention required once configured
• Complete trade lifecycle management

✅ Visual Interface

• FVG boxes highlighting active gaps
• Sweep markers showing trigger events
• Status labels for expired or invalidated setups
• Level lines for ongoing analysis

? MARKET APPLICATIONS

Optimal Instruments

• Forex Major Pairs: EUR/USD, GBP/USD, USD/JPY, AUD/USD
• Forex Minor Pairs: EUR/GBP, GBP/JPY, AUD/CAD
• Indices: US30, NAS100, SPX500, GER40
• Commodities: Gold, Silver, Oil, Natural Gas

Timeframe Recommendations

• Primary Chart: 1-minute for execution precision
• Analysis Timeframes: 1H and 4H for FVG detection
• Session Focus: Active trading sessions preferred
• Volatility: Moderate to high volatility markets

? TECHNICAL FEATURES

System Requirements

• Platform: MetaTrader 5
• Account Type: All account types supported
• Minimum Balance: $100 recommended
• VPS Compatibility: Optimized for automated trading
• Broker Independence: Works with all MT5 brokers

Performance Characteristics

• CPU Usage: Lightweight processing
• Memory Efficiency: Optimized data structures
• Network Requirements: Standard MT5 connectivity
• Object Management: Automatic cleanup on exit

? TRADING WORKFLOW

Setup Phase

1. FVG Detection: Continuous monitoring of 1H and 4H timeframes
2. Gap Tracking: Active FVGs stored and monitored for mitigation
3. Visual Display: Chart objects show current FVG status

Signal Phase

1. Sweep Detection: Price interaction with FVG middle levels
2. Entry Search: 5-bar window for 1-minute FVG formation
3. Setup Validation: Confirmation of entry conditions

Execution Phase

1. Position Opening: Automatic trade execution at entry level
2. Risk Management: Stop loss and take profit placement
3. Trade Monitoring: Position tracking until closure

Completion Phase

1. Normal Exit: Take profit or stop loss hit
2. Setup Invalidation: Price breaks setup structure
3. System Reset: Preparation for next opportunity

? PROFESSIONAL FEATURES

Trade Management

• Single position trading prevents overexposure
• Automatic invalidation protects against adverse moves
• Complete trade logging for performance analysis
• Error handling for robust operation

Visual Feedback

• Real-time status updates via chart labels
• Color-coded objects for easy interpretation
• Clean interface doesn't clutter chart
• Professional presentation suitable for client accounts

Risk Controls

• Maximum loss protection via stop loss placement
• Position sizing control through lot size parameter
• Setup validation prevents low-quality trades
• Market hours awareness through timezone detection

? PACKAGE CONTENTS

Complete Trading System

1. Goblin EA (.ex5 compiled expert advisor)
2. Setup Guide (installation and configuration)
3. Strategy Manual (FVG analysis explanation)
4. Parameter Guide (optimization recommendations)
5. Technical Support (email assistance)
6. Free Updates (version improvements included)

⚠️ IMPORTANT DISCLOSURES

Trading Risks

• All automated trading involves financial risk
• Past performance does not guarantee future results
• FVG analysis is based on market behavior patterns
• Proper risk management is essential
• Recommended for experienced traders
• Not financial advice - educational tool only

System Requirements

• Stable internet connection required
• VPS recommended for 24/7 operation
• Regular monitoring advised
• Proper broker selection important
• Account verification before live trading

? WHY CHOOSE GOBLIN EA?

Goblin EA represents a sophisticated approach to FVG trading, combining multi-timeframe analysis with automated execution. Unlike simple breakout or reversal systems, Goblin focuses on market inefficiencies (Fair Value Gaps) that create predictable price behavior.

Professional traders choose Goblin because:

• ✅ Specialized Strategy - Focus on proven FVG methodology
• ✅ Multi-Timeframe Analysis - Context and precision combined
• ✅ Automated Execution - No manual intervention required
• ✅ Professional Risk Management - Complete trade lifecycle control
• ✅ Visual Clarity - Clear chart presentation and feedback
• ✅ Robust Design - Reliable operation in all market conditions

? SUPPORT & DEVELOPMENT

• Author: Francisco Alonso Gonzalez
• Version: 1.00
• Platform: MetaTrader 5 exclusively
• Support: Available through MQL5 messaging system
• Updates: Regular improvements and feature additions

? Professional FVG Trading Made Automatic ?

Experience the precision of Fair Value Gap analysis with complete automation and professional risk management.

? STRATEGY SUMMARY

Goblin EA transforms complex Fair Value Gap analysis into a fully automated trading system. By combining multi-timeframe FVG detection with precise sweep recognition and 1-minute execution timing, Goblin provides a complete solution for traders seeking to capitalize on market inefficiencies with professional-grade automation.

Perfect for traders who understand FVG concepts but want automated execution, or for those seeking to learn advanced Fair Value Gap strategies through a proven, working system.