Falcon EA is a free, fully automated Expert Advisor for MetaTrader 5, built around Fair Value Gaps and swing points. It enters only when its conditions align and protects every position with a fixed Stop Loss and Take Profit.
Recommended setup:
- Platform: MetaTrader 5 (MT5)
- Strategy: Fair Value Gap scalping
- Best pair: XAUUSD and major FX pairs
- Timeframe: M1 to M15
- Account type: ECN / Raw spread
- Price: FREE download
Falcon is a price-action scalper that marks swing points and unfilled Fair Value Gaps, entering as price returns to them and exiting fast with defined risk.
Download Falcon EA for free below. The package includes the ready-to-run .ex5 plus the full MQL5 source code so you can study or customize it.
Updated in July 2026
Falcon EA
Free Download - .zip file
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