FVG Instantaneous Mitigation Signals Indicator MT5
- Indicadores
- Eda Kaya
- Versão: 1.11
FVG Instantaneous Mitigation Signals ICT MT5
The " FVG Instantaneous Mitigation Signals " indicator for MetaTrader 5 is specifically designed to detect and highlight fair value gaps (FVGs) that are quickly mitigated. Once an FVG is identified using arrow markers, the indicator automatically plots a red Trailing Stop line on the price chart.
FVG Instantaneous Mitigation Signals Indicator Specifications
Below is a breakdown of the key specifications and functionalities of the "FVG Rapid Mitigation Signals" indicator:
Category | ICT - Key Levels - Zones - Signal Identification |
Platform | MetaTrader 5 |
Skill Level | Intermediate |
Indicator Type | Continuation - Reversal |
Timeframe | Multi-Timeframe |
Trading Style | Scalping - High-Speed Scalping - Day Trading |
Market | All Financial Markets |
Indicator Overview
The Trailing Stop placed at the mitigation zone acts as an ideal reference point for Stop Loss (SL) placement. This line dynamically shifts along with the price action, ensuring risk is minimized while price movement unfolds. The advantage of this Trailing Stop is its ability to move progressively closer to the price, thereby reducing potential losses as the market progresses.
Uptrend Market Conditions
A green arrow signals the immediate filling of an FVG, and following this, a Trailing Stop is generated beneath the price, aligning with the ongoing uptrend. In the XAU/USD 15-minute timeframe, the chart demonstrates how the indicator functions within a bullish market, providing an optimal setup for long (buy) trades.
Downtrend Market Conditions
As observed in the 30-minute Solana (SOL) price chart, the indicator pinpoints FVG mitigation using a red arrow. Once identified, a Trailing Stop is positioned to follow the price downward, assisting in setting up short (sell) trades effectively.
Indicator Settings
The FVG Instantaneous Mitigation Signals indicator includes customizable settings to enhance adaptability:
Display Settings
- Chart & Object Theme: Determines the color scheme for indicator elements.
Indicator Configurations
- Filter Based on Width: Allows filtering FVGs based on their width.
- FVG Width Value: Default width setting is 10.
- ATR Multiplier: The Average True Range (ATR) multiplier is set at 3.0.
Final Thoughts
The "FVG Rapid Mitigation Signals" indicator is engineered to detect fair value gaps (FVGs) and establish a dynamic Trailing Stop in MetaTrader 5.
This automated Trailing Stop seamlessly adjusts with price movements, gradually tightening the Stop Loss while the trade advances toward its target profit. This feature is particularly valuable for traders looking to safeguard their positions as price action evolves.