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Improved Fair Value Gap Void MT5

Improved Fair Value Gap Void MT5

The Improved Fair Value Gap (iFVG + Void) indicator for MetaTrader 5 is an advanced iteration of the traditional Fair Value Gap "FVG" indicator. Fair Value Gaps emerge following sharp price movements, marking crucial zones where supply and demand are unbalanced. Price action often gravitates back to these levels. This indicator visually marks bullish Fair Value Gaps (FVG) with green boxes and bearish Fair Value Gaps with red boxes. Additionally, it shades the used portion of each FVG in gray, offering deeper insights into market dynamics.

Indicator Specifications Table

Category

ICT - Smart Money - Liquidity

Platform

MetaTrader 5

Skill Level

Intermediate

Indicator Type

Continuation - Reversal

Time Frame

Multi Time Frame

Trading Style

Scalping - Day Trading

Markets

Cryptocurrency – Forex – Stocks – Commodities

Overview of the Indicator

This tool is a refined enhancement of the FVG indicator, specifically crafted to improve the precision of Fair Value Gap identification and plotting. The inclusion of the used portion of each FVG assists traders in determining the strength and validity of these gaps. It is particularly useful for those employing liquidity-based Price Action methodologies, such as ICT and Smart Money trading principles.

iFVG + Void in an Uptrend

A 30-minute price chart of Binance Coin (BNB) illustrates the indicator’s function during an uptrend. As shown in the image, price action interacts with the green FVG zones, marking viable long-entry points. The gray boxes represent FVGs that have been consumed and are no longer active.

iFVG + Void in a Downtrend

Analyzing the NZD/USD pair on a 1-hour chart, the indicator marks red FVG zones where price action reacts, creating potential short-entry opportunities. Similarly, invalidated FVGs appear in gray, indicating zones that have been exhausted.

Indicator Settings

  • Theme: Light theme applied
  • Candles to check at start time: Set to evaluate 1000 candles
  • Prefix for FVG objects: FVG object prefix assigned
  • FVG types: Normal FVG box applied
  • Show iFVG: Highlights all active Fair Value Gaps
  • Show invalidated iFVG: Displays consumed iFVGs
  • Show percent of zone usage: Percentage of FVG utilization shown
  • iFVG used area color: Gray for consumed zones
  • Invalid with a candle close: FVG becomes invalid upon a full candle close
  • Invalid with OB size: FVG is nullified when overlapped by an Order Block
  • Invalid with OB size value: Order Block size threshold is set to 10
  • Invalid with OBs union: Multiple Order Blocks combining to void the FVG is enabled

Summary

The iFVG + Void indicator is a valuable addition to MetaTrader 5, helping traders pinpoint liquidity zones with higher accuracy. By identifying imbalances between supply and demand, this tool plots FVG areas that can act as potential turning points for price action. These identified zones serve as effective entry and exit areas, enhancing trading efficiency and decision-making.

 


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Dies ist ein Indikator für MT5, der genaue Signale für den Einstieg in einen Handel ohne Repainting (Neuzeichnen) liefert. Er kann auf alle Finanzwerte angewendet werden: Forex, Kryptowährungen, Metalle, Aktien, Indizes. Er liefert ziemlich genaue Schätzungen und sagt Ihnen, wann es am besten ist, eine Position zu eröffnen und zu schließen. Sehen Sie sich das Video (6:22) mit einem Beispiel für die Verarbeitung nur eines Signals an, das sich für den Indikator gelohnt hat! Die meisten Händler ver
Zunächst einmal ist es wichtig zu betonen, dass dieses Handelssystem ein Nicht-Repainting-, Nicht-Redrawing- und Nicht-Verzögerungsindikator ist, was es sowohl für manuelles als auch für automatisches Trading ideal macht. Online-Kurs, Handbuch und Vorlagen herunterladen. Das "Smart Trend Trading System MT5" ist eine umfassende Handelslösung, die für neue und erfahrene Trader maßgeschneidert ist. Es kombiniert über 10 Premium-Indikatoren und bietet mehr als 7 robuste Handelsstrategien, was es zu
Easy Breakout MT5
Mohamed Hassan
5 (3)
After your purchase, feel free to contact me for more details on how to receive a bonus indicator called VFI, which pairs perfectly with Easy Breakout for enhanced confluence!     Easy Breakout MT5   is a powerful price action trading system built on one of the most popular and widely trusted strategies among traders: the   Breakout strategy ! This indicator delivers crystal-clear Buy and Sell signals based on breakouts from key support and resistance zones. Unlike typical breakout indicators
Gartley Hunter Multi
Siarhei Vashchylka
5 (10)
Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all possible timeframes. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all possible timeframes 3. Search for patterns of all possible sizes. From the smallest to the largest 4. All fou
Trend Line Map Pro MT5
STE S.S.COMPANY
4.09 (11)
Trend Line Map Indicator ist ein Add-On für Trend Screener Indicator. Es arbeitet als Scanner für alle Signale, die vom Trendscreener (Trendliniensignale) erzeugt werden. Es ist ein Trend Line Scanner basierend auf dem Trend Screener Indicator. Wenn Sie keinen Trend Screener Pro Indicator haben, funktioniert die Trend Line Map Pro nicht. It's a Trend Line Scanner based on Trend Screener Indicator. If you don't have Trend Screener Pro Indicator,     the Trend Line Map Pro will not work . Wen
Dies ist wahrscheinlich der vollständigste Indikator für die automatische Erkennung der harmonischen Preisbildung, den Sie für die MetaTrader-Plattform finden können. Es erkennt 19 verschiedene Muster, nimmt Fibonacci-Projektionen genauso ernst wie Sie, zeigt die potenzielle Umkehrzone (PRZ) an und findet geeignete Stop-Loss- und Take-Profit-Werte. [ Installationsanleitung | Update-Anleitung | Fehlerbehebung | FAQ | Alle Produkte ] Es erkennt 19 verschiedene harmonische Preisbildungen Darges
Dieses Dashboard entdeckt und zeigt die   Angebots- und Nachfragezonen   auf dem Chart an, sowohl im Scalping- als auch im Long-Term-Modus, je nach Ihrer Handelsstrategie für die ausgewählten Symbole. Darüber hinaus hilft Ihnen der Scanner-Modus des Dashboards, alle gewünschten Symbole auf einen Blick zu überprüfen und keine geeigneten Positionen zu verpassen /   MT4-Version Kostenloser Indikator:   Basic Supply Demand Merkmale Ermöglicht Ihnen die Anzeige von Handelsmöglichkeiten für   mehrere
QM Pattern Scanner MT5
Reza Aghajanpour
5 (3)
Contact me  to send you instruction and add you in group. QM (Quasimodo) Pattern is based on Read The Market(RTM) concepts. The purpose of this model is to face the big players of the market (financial institutions and banks), As you know in financial markets, big traders try to fool small traders, but RTM prevent traders from getting trapped. This style is formed in terms of price candles and presented according to market supply and demand areas and no price oscillator is used in it. RTM conc
Volumatic VIDyA MT5
Duc Hoan Nguyen
5 (1)
Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Volumatic VIDYA (Variable Index Dynamic Average) ist ein fortschrittlicher Indikator, der entwickelt wurde, um Trends zu verfolgen und den Kauf- und Verkaufsdruck in jeder Phase eines Trends zu analysieren. Durch die Verwendung des Variablen Index-Durchschnitts (Variable Index Dynamic Av
Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3 Equal High / Low’s  
Dark Absolute Trend   is an Indicator for intraday trading. This Indicator is based on   Trend Following  strategy but use also candlestick patterns and Volatility. We can enter in good price with this Indicator, in order to follow the main trend on the current instrument. It is advised to use low spread ECN brokers. This Indicator does   Not repaint   and   N ot lag . Recommended timeframes are M5, M15 and H1. Recommended working pairs: All. I nstallation and  Update Guide   -  Troubleshooting
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