Innotrade FVG

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This indicator is designed to cleanly and accurately identify Fair Value Gaps (FVGs) on your chart. It is a lightweight, focused finding and displaying price imbalances.

This tool is perfect for traders who use Smart Money Concepts (SMC) or ICT (Inner Circle Trader) methodologies, helping to quickly spot key areas of interest where price may be drawn to in the future.

Key Features:

Accurate FVG Detection: Identifies both Bullish (BISI - Buyside Imbalance Sellside Inefficiency) and Bearish (SIBI - Sellside Imbalance Buyside Inefficiency) Fair Value Gaps.

Clear Visualization: Visualizes FVGs with customizable colored boxes and a central "FVG" text label for immediate recognition.

Multi-Timeframe (MTF) Functionality: Find FVGs on any timeframe, from the current chart timeframe up to a higher timeframe of your choice.

Dynamic Extension: Boxes can be set to automatically extend into the future, clearly marking the zone until it is tested by price.

Auto-Cleanup: Features an optional setting to automatically delete an FVG box once the price has mitigated (touched) it, keeping your chart tidy and focused on relevant, unfilled gaps.

Fully Customizable: Easily change the colors of bullish/bearish boxes and the color/size of the text label to match your chart's theme.

What is a Fair Value Gap (FVG)?

A Fair Value Gap is a three-candle pattern that indicates a price imbalance or inefficiency. It occurs when the wicks of the first and third candles in the pattern do not overlap, leaving a "gap" in the market. These gaps often act as magnets for price, as the market tends to revisit these areas to "rebalance" the price delivery.

How to Use:

As a Target: Traders may target FVGs as potential take-profit zones, expecting the price to move towards the gap to fill the imbalance.

As an Entry Zone: When the price returns to an existing FVG, it can be used as a high-probability area to look for trade entries in the direction of the original impulsive move.

As Confirmation: The presence of an FVG after a strong move can add confirmation to the strength and validity of that move.

evvelsi gün

Sürüm Notları

This indicator is designed to cleanly and accurately identify Fair Value Gaps (FVGs) on your chart. It is a lightweight, focused finding and displaying price imbalances.

This tool is perfect for traders who use Smart Money Concepts (SMC) or ICT (Inner Circle Trader) methodologies, helping to quickly spot key areas of interest where price may be drawn to in the future.