IFVG Autotrader by Timeless Autotraders
The IFVG Autotrader is an automated trading system (or bot) designed for use on platforms like NinjaTrader, specifically targeting the MNQ (Mini-Nasdaq) 1-minute chart. The tool is based on the Inverse Fair Value Gap (iFVG) strategy.
Key Functionality and Claims
The product is presented as a "scalpy" autotrader that takes a high volume of small trades, aiming for consistent, automated profit.
Strategy Focus: It utilizes specific settings to identify and trade on very small Fair Value Gaps (the reviewer demonstrated a minimum gap size set to 1.5).
Recommended Use: It is highly recommended by the reviewer to run the bot overnight, typically during the less volatile Asian trading session, rather than during the highly volatile US market hours [00:02:37].
Claimed Performance: The reviewer presented two overnight sessions that they claimed resulted in a total net profit of approximately 6.5R to 10R (a unit of risk/reward). They calculated this could equate to close to $1,000 in profit over those two nights, based on risking $150 per trade [00:03:05].
Summary
The IFVG Autotrader is positioned as a hands-off solution for traders interested in automated scalping on MNQ, particularly using the iFVG concept. Potential users should be aware that the system relies on specific, lower-volatility market conditions (overnight) for optimal results, according to the review. As with any automated trading system, claimed performance is not a guarantee of future results, and careful testing (like using a simulated/demo account) is strongly advised before committing real capital.
Source Video: NEW Overnight iFVG Autotrader Settings FOUND?! 10R PROFIT! | http://www.youtube.com/watch?v=hhLVujzzdm8
You can download the IFVG autotrader fro free in our main forum here
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