Fair Value Gap FVG Sessions ICT Indicator MT5
- Indikatoren
- Eda Kaya
- Version: 1.11
Fair Value Gap FVG Sessions ICT Indicator for MT5
The Fair Value Gap (FVG) Sessions Indicator for MetaTrader 5 streamlines the detection of price gaps that arise during trading sessions. This tool is designed to highlight market inefficiencies, marking bullish FVGs in green and bearish FVGs in orange. These zones often act as crucial support and resistance levels, assisting traders in spotting potential trade entry and exit points.
Fair Value Gap Indicator Features
The following table outlines the key characteristics of this indicator:
Category | ICT - Liquidity - Sessions & Kill Zones |
Platform | MetaTrader 5 |
Skill Level | Advanced |
Indicator Type | Continuation - Reversal |
Timeframe | Daily |
Trading Style | Intraday Trading |
Markets | Forex - Crypto - Stocks - Commodities |
Indicator Overview
Optimized for timeframes under one hour, this indicator follows Inner Circle Trader (ICT) principles to detect liquidity zones. A significant feature of this tool is its ability to fade invalidated FVGs, indicating that they are no longer relevant as price interacts with them.
Bullish Market Conditions
In a 30-minute CAD/CHF chart, the indicator identifies a bullish FVG, where the price initially surges upward. Later, it revisits this gap zone to absorb liquidity, allowing the uptrend to regain momentum and continue its movement.
Bearish Market Conditions
On a 15-minute AUD/USD chart, a bearish FVG zone is highlighted. The price later retraces to this area, gathering liquidity before continuing its downward trajectory. Traders typically position Stop-Loss (SL) orders above this zone while executing Sell trades, aiming to capitalize on the continuation of the bearish trend.
Fair Value Gap Indicator Settings
Below are the customizable settings for the FVG Sessions Indicator:
- Chart & Object Color Theme – Adjusts the visual appearance of the indicator.
- Width Filter – Defines the conditions for detecting FVGs.
- Minimum Width Value – Specifies the minimum threshold for identifying FVG zones.
Final Thoughts
The Fair Value Gap (FVG) Sessions Indicator is an essential tool for recognizing market inefficiencies caused by imbalances between buying and selling pressure. By identifying FVG zones, traders can pinpoint potential support and resistance areas, particularly on lower timeframes (one hour or less), enhancing their trading strategies.