FVG Instantaneous Mitigation Signals Indicator MT4
- Indikatoren
- Eda Kaya
- Version: 1.11
FVG Rapid Mitigation Signals Indicator MT4
The FVG Rapid Mitigation Signals indicator is designed to detect fair value gaps (FVGs) that are swiftly filled, marking them with arrows for easy identification.
Once these gaps are recognized, the indicator on MetaTrader 4 automatically generates a Trailing Stop, aligning with the trend direction for optimal trade management.
FVG Rapid Mitigation Signals Indicator Specifications
The following table presents the essential specifications of the FVG Rapid Mitigation Signals indicator:
Category | ICT - Key Levels - Signal & Prediction |
Platform | MetaTrader 4 |
Skill Level | Intermediate |
Indicator Type | Trend Continuation - Reversal |
Timeframe | Multi-Timeframe |
Trading Style | Scalping - Fast Scalping - Day Trading |
Market | Forex - Crypto - Stocks |
Indicator Overview
Whenever an FVG is mitigated, this indicator plots a Trailing Stop directly on the chart. The Trailing Stop dynamically follows price movement, reducing the Stop Loss while the trade progresses toward its profit target.
Bullish Market Example
A 15-minute Bitcoin (BTC) chart in MT4 demonstrates how this indicator functions in an uptrend.
During bullish conditions, the indicator identifies a quickly filled FVG, highlighting it with a green arrow.
At the same time, a Trailing Stop is activated at the gap fill and adjusts in real time with price movements.
Bearish Market Example
On a 1-hour EUR/USD chart, the indicator pinpoints a bearish fair value gap fill, marking it with a red arrow.
The Trailing Stop is placed above the price and dynamically adapts as the market moves downward.
Indicator Settings
The FVG Rapid Mitigation Signals indicator settings are highly customizable:
Display & Theme
- Chart Color Scheme: Adaptable to different themes.
Indicator Configurations
- Gap Filtering by Width: Filters FVGs based on width.
- FVG Width Value: Set at 10.
- ATR Multiplier: Uses a 3.0 ATR multiplier for dynamic adjustments.
Conclusion
The FVG Rapid Mitigation Signals indicator is a powerful tool for traders using the MT4 platform, specifically designed to detect fast-mitigated fair value gaps and implement a Trailing Stop accordingly.
By dynamically adjusting the Stop Loss, this indicator helps traders manage risk effectively while maximizing profit potential.
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