Fair Value Gap v1: MT5 indicator for precise scalp and automated entries

This 2026 review offers a focused performance analysis of Fair Value Gap v1 and its behavior on the MT5 platform. The review examines recorded win rates, sample equity curves, and drawdown statistics from live and demo deployments to provide objective context. Fair Value Gap v1 detects price imbalance zones where aggressive moves leave unfilled liquidity, then highlights those zones and issues entries when momentum confirms. The developer, Brian Mutuku Mwanthi, designed the tool to be lightweight and configurable so traders can adapt sensitivity, stop placement, and confirmation filters. What makes Fair Value Gap v1 unique is a clear visual representation of gap zones combined with optional momentum or volume confirmation that reduces false signals. The algorithm measures gap size, recent volatility, and trend alignment before flagging an entry, which helps it perform best during trending sessions and active market hours. Risk management is implemented through configurable stop loss and take profit defaults, plus recommended position sizing based on account risk percentage. Expected performance characteristics include moderate win rates with many small scalp profits, relatively short average trade duration, and variability across instruments. In short, Fair Value Gap v1 is a practical MT5 indicator for traders who value transparency, configurable controls, and objective performance tracking.