MP MTF FVG/IFVG/BPR

MP MTF FVG/IFVG/BPR — Script Description
Overview:
The “MP MTF FVG/IFVG/BPR” indicator is a multi-timeframe (MTF) trading tool that automatically identifies and visualizes three key Smart Money Concepts (SMC) price imbalances:

FVG (Fair Value Gap)

IFVG (Improved/Mitigated Fair Value Gap)

BPR (Balanced Price Range)

The script allows traders to monitor these liquidity zones across multiple custom timeframes (up to 6), helping them spot high-probability trade setups and market structure shifts. Designed for intraday and swing traders, it adapts to any market—forex, stocks, indices, or crypto.

Key Features:

Multi-Timeframe Support:
Select up to 6 different timeframes for simultaneous analysis.
Toggle visibility, set custom max number of imbalances to show per TF, and choose custom colors for each type and timeframe.

FVG Detection:
Automatically marks Fair Value Gaps (price imbalances where rapid moves may leave “inefficiency” between candles), highlighting both bullish and bearish gaps.

IFVG Identification:
Optionally marks mitigated or improved FVGs based on user logic or additional filters, to highlight areas where imbalances have been partially filled.

BPR Highlighting:
Detects and draws Balanced Price Ranges—zones where price efficiently rebalances after filling a previous gap or sweep.

Visualization:
Draws clean colored boxes/lines for each zone, with options for border style, fill opacity, and label display (including timeframe tags).
Option to enable or disable the midline for BPRs.

Performance Optimization:
Limits max active boxes/lines per TF to prevent chart clutter or performance lag.

Works Only On Closed Bars:
The indicator is designed to avoid drawing liquidity zones on unfinished candles, ensuring only valid, confirmed imbalances are shown.

Use Cases:

Identify high-probability entry/exit zones based on institutional trading concepts.

Spot potential reversal, retracement, or continuation areas.

Combine with your own execution model or other SMC tools for more robust strategies.

Parameters:

Enable/disable each timeframe (TF1–TF6)

Custom timeframe selection for each

Max FVGs, IFVGs, BPRs per TF

Custom color for each type/timeframe

Optional BPR midline and color

Notes:

This script is for educational purposes and should be used with risk management.

For best results, combine with additional confirmation signals and trade planning.