Forex Gap Real Expert Advisor

Forex Gap Real Expert Advisor review:

Forex Gap Real Expert Advisor is a professional robot trading on a real account. You can start working with a minimum deposit of $20. Uses regularities of a price gap closing.

Trading Strategy Characteristics

The market often has price gaps especially after holidays and weekends. These gaps are likely to close, i.e. the price almost always approaches to the center of the gap. That is why trades directed to the center of the gap are profitable in the majority of cases. The robot tracks beginning of the gap and places an order with take profit close to the center of the gap with a very small stop loss.

When working on real account and under unfavorable trading conditions, the robot uses following ways of protection: protection from entering the market with unacceptably large spread (it often happens at the week starting or after a holiday on accounts with floating spread), the market is entered only when the price is moving in desired direction, compensation of real slippage. Along with efficient money management which adapts trade volume for accumulated funds, this method ensures good profitability and minimum risks.

As gaps emerge arguably rare (usually after holidays), the robot opens trades 2-4 times per a month but it still gives good profit.


Testing with default parameters was performed on EURUSD, GBPUSD, USDJPY, H1. Working from 2012 till 2015 with $100 of the initial deposit, it gave over $10,000 of profit (irrespective of a currency pair and with default settings). Profit proportionally increases, if you increase the initial deposit.

Test results:

Forex Gap Real Expert Advisor


  • Language messages – English, Russian;
  • Use money management – Yes, No.
  • Magnification factor of the lot – coefficient of lot linear dependence on funds in money management;
  • Initial lot;
  • Size of the gap – gap size. Opened position should exceed this gap (points);
  • Coefficient of take-profit – coefficient to calculate take profit depending on the gap size (0.1-1.0);
  • Stop loss – stop loss limitation (points);
  • Maximum spread – maximum spread to open orders (points);
  • Color arrows orders – color of order arrows.

Recommended Usage

The robot can be used on 5-digit quotes. Leverage is 1:500 and higher.

Apply robot to accounts with minimum spreads. In case of floating spread, set the Maximum spread parameter to a value not smaller than minimum spread of a given account. Otherwise the robot won’t work. It will be the best if the robot provides fixed spread not exceeding 10-20 pips.

Default input settings are optimized for EURUSD, GBPUSD and USDJPY, H1. With these parameters the robot makes 2-4 trades per month, but majority of them are profitable.

Does not require further optimization. But it might be required if you change your broker especially with increasing spread. In this case you should optimize following parameters: Size of the gap, Coefficient of take-profit, Stop loss.

If you have bought the product and/or you have any questions send me a private message. Support is guaranteed.

Download our other Free Forex Robots For Metatrader 4


Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Experts (paste here)

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