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ICT Implied Fair Value Gap for MT4

An Implied Fair Value Gap (IFVG) is a three candles imbalance formation conceptualized by ICT that is based on detecting a larger candle body & then measuring the average between the two adjacent candle shadows.

This indicator automatically detects this imbalance formation on your charts and can be extended by a user set number of bars.

The IFVG average can also be extended until a new respective IFVG is detected, serving as a support/resistance line.

Alerts for the detection of bullish/bearish IFVG's are also included in this script.

🔶 SETTINGS

  • Shadow Threshold %: Threshold percentage used to filter out IFVG's with low adjacent candles shadows.
  • IFVG Extension: Number of bars used to extend highlighted IFVG's areas.
  • Extend Averages: Extend IFVG's averages up to a new detected respective IFVG.

    🔶 USAGE
  • Users of this indicator can primarily find it useful for trading imbalances just as they would for trading regular Fair Value Gaps or other imbalances, which aims to highlight a disparity between supply & demand.
  • For trading a bullish IFVG, users can find this imbalance as an area where price is likely to fill or act as an area of support. (image 1)
  • In the same way, a user could trade bearish IFVGs by seeing it as a potential area to be filled or act as resistance within a downtrend. (image 2)
  • Users can also extend the IFVG averages and use them as longer-term support/resistances levels. This can highlight the ability of detected IFVG to provide longer term significant support and resistance levels. (image 3)
  • 🔶 DETAILS

    Various methods have been proposed for the detection of regular FVG's, and as such it would not be uncommon to see various methods for the implied version.

    We propose the following identification rules for the algorithmic detection of IFVG's:

    🔹 Bullish

  • Central candle body is larger than the body of the adjacent candles.
  • Current price low is higher than high price two bars ago.
  • Current candle lower shadow makes up more than p percent of its total candle range.
  • Candle upper shadow two bars ago makes up more than p percent of its total candle range.
  • The average of the current candle lower shadow is greater than the average of the candle upper shadow two bars ago.

    where p is the user set threshold.

    🔹 Bearish

    • Central candle body is larger than the body of the adjacent candles.
    • Current price high is higher than low price two bars ago.
    • Current candle upper shadow makes up more than p percent of its total candle range.
    • Candle lower shadow two bars ago makes up more than p percent of its total candle range.
    • The average of the candle lower shadow 2 bars ago is greater than the average of the current candle higher shadow.

    where p is the user set threshold.


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Altın Trend   - bu iyi bir hisse senedi teknik göstergesidir. Gösterge algoritması, bir varlığın fiyat hareketini analiz eder ve oynaklığı ve potansiyel giriş bölgelerini yansıtır. En iyi gösterge sinyalleri: - SATIŞ için = kırmızı histogram + kırmızı KISA işaretçi + aynı yönde sarı sinyal oku. - AL için = mavi histogram + mavi UZUN işaretçi + aynı yönde aqua sinyal oku. Göstergenin faydaları: 1. Gösterge yüksek doğrulukta sinyaller üretir. 2. Onaylanmış bir ok sinyali yalnızca trend deği
Özel MT4 göstergemizle başarılı forex ticaretinin sırrını keşfedin! Forex piyasasında nasıl başarıya ulaşacağınızı hiç merak ettiniz, riski en aza indirirken sürekli olarak kar kazandınız mı? İşte aradığınız cevap! Ticaret yaklaşımınızda devrim yaratacak tescilli MT4 göstergimizi tanıtmamıza izin verin. Benzersiz çok yönlülük Göstergemiz, Renko ve RangeBar Mum oluşumlarını tercih eden kullanıcılar için özel olarak tasarlanmıştır. Bu grafik türlerinin birçok deneyimli tüccar tarafından tercih e
Beast Super Signal
Dustin Vlok
4.73 (89)
Kârlı ticaret fırsatlarını kolaylıkla belirlemenize yardımcı olabilecek güçlü bir forex ticaret göstergesi mi arıyorsunuz? Beast Super Signal'den başka bir yere bakmayın. Bu kullanımı kolay trend tabanlı gösterge, sürekli olarak piyasa koşullarını izleyerek yeni gelişen trendleri araştırır veya mevcut trendlere atlar. Canavar Süper Sinyali, tüm dahili stratejiler birbiriyle uyumlu ve %100 örtüştüğünde bir al ya da sat sinyali vererek ek onay ihtiyacını ortadan kaldırır. Sinyal oku uyarısını aldı
Sizlere ON Trade Waves Patterns Harmonic Elliot Wolfe'u tanıtmaktan mutluluk duyarız. Bu, manuel ve otomatik yöntemleri kullanarak piyasada çeşitli desenleri tespit etmek için tasarlanmış gelişmiş bir göstergedir. İşte nasıl çalıştığı: Harmonik Desenler: Bu gösterge, grafiğinizde görünen harmonik desenleri tanımlayabilir. Bu desenler, Scott Carney'in "Harmonic Trading vol 1 & 2" adlı kitabında açıklandığı gibi harmonik ticaret teorisini uygulayan tüccarlar için önemlidir. Onları manuel olarak ç
System Trend Pro
Aleksandr Makarov
5 (2)
System Trend Pro - This is the best trend trading indicator!!! You can get this indicator for free -  Quantum Entry PRO The indicator no repaint!!!  The indicator has   MTF   mode, which adds confidence to trading on the trend (   no repaint   ). How to trade? Everything is very simple, we wait for the first signal (big arrow), then wait for the second signal (small arrow) and enter the market in the direction of the arrow. (See screens 1 and 2.) Exit on the opposite signal or take 20-30 pips
FX Power MT4 NG
Daniel Stein
4.94 (18)
FX Power: Daha Akıllı Ticaret Kararları için Para Birimlerinin Gücünü Analiz Edin Genel Bakış FX Power , her piyasa koşulunda başlıca para birimlerinin ve altının gerçek gücünü anlamak için vazgeçilmez bir araçtır. Güçlü para birimlerini alıp zayıf olanları satarak, FX Power ticaret kararlarınızı basitleştirir ve yüksek olasılıklı fırsatları ortaya çıkarır. İster trendlere sadık kalın ister Delta'nın aşırı değerlerini kullanarak tersine dönüşleri öngörün, bu araç ticaret tarzınıza mükemmel bir
M1 Arrow
Oleg Rodin
5 (16)
Piyasanın iki temel ilkesine dayanan bir gün içi stratejisi. Algoritma, ek filtreler kullanarak hacimlerin ve fiyat dalgalarının analizine dayanmaktadır. Göstergenin akıllı algoritması, yalnızca iki piyasa faktörü bir araya geldiğinde bir sinyal verir. Gösterge, daha yüksek zaman çerçevesinin verilerini kullanarak M1 grafiğinde belirli bir aralıktaki dalgaları hesaplar. Ve dalgayı doğrulamak için gösterge, hacme göre analizi kullanır. Bu gösterge hazır bir ticaret sistemidir. Bir tüccarın ihtiya
MetaBands M4
Vahidreza Heidar Gholami
5 (3)
MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
Enigmera
Ivan Stefanov
5 (7)
ENIGMERA: Pazarın Kalbi Önemli: MQL5.com demosu Strategy Tester'da çalışır ve Enigmera'nın tüm işlevlerini tam olarak yansıtmayabilir. Daha fazla bilgi için açıklamayı, ekran görüntülerini ve videoyu kontrol edin. Herhangi bir sorunuz varsa, bana mesaj göndermekten çekinmeyin! Göstergenin kodu tamamen yeniden yazılmıştır. 3.0 sürümü, yeni işlevler ekler ve göstergenin başlangıcından bu yana biriken hataları giderir. Giriş Bu gösterge ve ticaret sistemi, finansal piyasalara dikkat çekici bir ya
Advanced Supply Demand
Bernhard Schweigert
4.91 (294)
CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potentia
Apollo BuySell Predictor , birkaç ticaret modülü içeren profesyonel bir ticaret sistemidir. Bir tüccara benzersiz kırılma bölgeleri, fibonacci tabanlı destek ve direnç seviyeleri, pivot trend çizgisi, geri çekilme hacmi sinyalleri ve herhangi bir tüccarın günlük olarak ihtiyaç duyduğu diğer yararlı özellikleri sağlar. Sistem herhangi bir çift ile çalışacaktır. Önerilen zaman dilimleri M30, H1, H4'tür. Gösterge, H4'ten daha yüksek zaman dilimleri dışında diğer zaman dilimleriyle de çalışabilir. B
Supply Demand Analyzer
Suvashish Halder
5 (5)
Supply Demand Analyzer is an advanced trading indicator meticulously designed for the precise identification, analysis, and management of supply and demand zones. By integrating real-time data and advanced algorithms, this tool enables traders to recognize market phases, price movements, and structural patterns with unparalleled accuracy. It simplifies complex market dynamics into actionable insights, empowering traders to anticipate market behavior, identify trading opportunities, and make info
Trend Screener
STE S.S.COMPANY
4.78 (93)
Trend Göstergesi, Trend Alım Satım ve Filtreleme için Çığır Açan Benzersiz Çözüm, Tüm Önemli Trend Özellikleriyle Tek Bir Araç İçinde Yerleştirildi! Forex, emtialar, kripto para birimleri, endeksler ve hisse senetleri gibi tüm sembollerde/araçlarda kullanılabilen %100 yeniden boyamayan çoklu zaman çerçevesi ve Çoklu para birimi göstergesidir. SINIRLI SÜRELİ TEKLİF: Destek ve Direnç Tarama Göstergesi sadece 50$ ve ömür boyu mevcuttur. (Orijinal fiyat 250$) (teklif uzatıldı) Trend Screener, grafik
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This indicator presents an alternative approach to identify Market Structure. The logic used is derived from learning material created by   DaveTeaches (on X) Upgrade v1.10: add option to put protected high/low value to buffer (figure 11, 12) When quantifying Market Structure, it is common to use fractal highs and lows to identify "significant" swing pivots. When price closes through these pivots, we may identify a Market Structure Shift (MSS) for reversals or a Break of Structure (BOS) for co
OVERVIEW A Lorentzian Distance Classifier (LDC) is a Machine Learning classification algorithm capable of categorizing historical data from a multi-dimensional feature space. This indicator demonstrates how Lorentzian Classification can also be used to predict the direction of future price movements when used as the distance metric for a novel implementation of an Approximate Nearest Neighbors (ANN) algorithm. This indicator provide signal as buffer, so very easy for create EA from this indi
The liquidity swings indicator highlights swing areas with existent trading activity. The number of times price revisited a swing area is highlighted by a zone delimiting the swing areas. Additionally, the accumulated volume within swing areas is highlighted by labels on the chart. An option to filter out swing areas with volume/counts not reaching a user-set threshold is also included. This indicator by its very nature is not real-time and is meant for descriptive analysis alongside other com
All about Smart Money Concepts Strategy: Market struture: internal or swing BOS, CHoCH; Orderblock; Liquity equal; Fair Value Gap with Consequent encroachment, Balanced price range; Level with Previous month, week, day level or in day level (PMH, PWH, PDH, HOD); BuySell Stops Liquidity (BSL, SSL); Liquidity Void Long Wicks; Premium and Discount; Candle pattern ... "Smart Money Concepts" ( SMC ) is a fairly new yet widely used term amongst price action traders looking to more accurately navigate
The Buyside & Sellside Liquidity indicator aims to detect & highlight the first and arguably most important concept within the ICT trading methodology,   Liquidity   levels. SETTINGS Liquidity Levels Detection Length: Lookback period Margin: Sets margin/sensitivity for a liquidity level detection Liquidity Zones Buyside Liquidity Zones: Enables display of the buyside liquidity zones. Margin: Sets margin/sensitivity for the liquidity zone boundaries. Color: Color option for buysid
This is a Forex Scalping Trading Sytem based on the Bollinger Bands.  Pairs:Major Time frame: 1M or higher. Spread max:0,0001.  Indicators (just suggestion) Bollinger bands (20, 2); ADX (14 period); RSI   (7 period ). Y ou should only trade this system between 2am to 5am EST, 8am to 12am EST and 7.30pm to 10pm EST. Do not scalp 30 minutes before a orange or red news  report and not for a hour afterwards.   Setup: is for price to move above the lower or lower Bollinger Bands, RSI raise above the
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This all-in-one indicator displays real-time market structure (internal & swing BOS / CHoCH), order blocks, premium & discount zones, equal highs & lows, and much more...allowing traders to automatically mark up their charts with widely used price action methodologies. Following the release of our Fair Value Gap script, we received numerous requests from our community to release more features in the same category. "Smart Money Concepts" (SMC) is a fairly new yet widely used term amongst price a
This indicator provides the ability to recognize the SMC pattern, essentially a condensed version of the Wyckoff model. Once the pattern is confirmed by RTO, it represents a significant investment opportunity.    There are numerous indicators related to SMC beyond the market, but this is the first indicator to leverage patterns to identify specific actions of BigBoy to  navigate the market. Upgrade 2024-03-08: Add TP by RR feature. The SMC (Smart Money Concept)   pattern   is a market analysis m
This is addition of  Effective SV squeeze momentum  that add bolliger band and Keltner channel to chart window.  Squeeze momentum introduced by “John Carter”, the squeeze indicator for MT5 represents a volatility-based tool. Regardless, we can also consider the squeeze indicator as a momentum indicator, as many traders use it to identify the direction and strength of price moves. In fact, the Tradingview  squeeze indicator shows when a financial instrument is willing to change from a trending ma
FREE
This all-in-one indicator displays real-time market structure (internal & swing BOS / CHoCH), order blocks, premium & discount zones, equal highs & lows, and much more...allowing traders to automatically mark up their charts with widely used price action methodologies. Following the release of our Fair Value Gap script, we received numerous requests from our community to release more features in the same category. //------------------------------------// Version 1.x has missing functions + PDAr
Flags and pennants can be categorized as continuation patterns.  They usually represent only brief pauses in a dynamic market.  They are typically seen right after a big, quick move.  The market then usually takes off again in the same direction.  Research has shown that these patterns are some of the most reliable continuation patterns. Bullish flags are characterized by lower tops and lower bottoms, with the pattern slanting against the trend. But unlike wedges, their trendlines run parallel.
The Bheurekso Pattern Indicator for MT5 helps traders automatically identify candlestick pattern that formed on the chart base on some japanese candle pattern and other indicator to improve accurate. This indicator scans all candles, recognizes and then displays any candle patterns formed on the chart. The candle displayed can be Bullish or Bearish Engulfing, Bullish or Bearish Harami, and so on. There are some free version now but almost that is repaint and lack off alert function. With this ve
ICT Concepts
Minh Truong Pham
5 (2)
The ICT Concepts indicator regroups core concepts highlighted by trader and educator "The Inner Circle Trader" (ICT) into an all-in-one toolkit. Features include Market Structure (MSS & BOS), Order Blocks, Imbalances, Buyside/Sellside Liquidity, Displacements, ICT Killzones, and New Week/Day Opening Gaps. It’s one kind of Smart money concepts. USAGE: Please read this document  !    DETAILS Market Structure Market structure labels are constructed from price breaking a prior extreme point. T
The ICT Silver Bullet indicator is inspired from the lectures of "The Inner Circle Trader" (ICT) and highlights the Silver Bullet (SB) window which is a specific 1-hour interval where a Fair Value Gap (FVG) pattern can be formed. A detail document about ICT Silver Bullet   here . There are 3 different Silver Bullet windows (New York local time): The London Open Silver Bullet (3 AM — 4 AM ~ 03:00 — 04:00) The AM Session Silver Bullet (10 AM — 11 AM ~ 10:00 — 11:00) The PM Session Silver Bullet (
The Breaker Blocks with Signals indicator aims to highlight a complete methodology based on breaker blocks. Breakout signals between the price and breaker blocks are highlighted and premium/discount swing levels are included to provide potential take profit/stop loss levels. This script also includes alerts for each signal highlighted.   SETTINGS   Breaker Blocks Length: Sensitivity of the detected swings used to construct breaker blocks. Higher values will return longer term break
The Inversion Fair Value Gaps (IFVG) indicator is based on the inversion FVG concept by ICT and provides support and resistance zones based on mitigated Fair Value Gaps (FVGs). Image 1   USAGE Once mitigation of an FVG occurs, we detect the zone as an "Inverted FVG". This would now be looked upon for potential support or resistance. Mitigation occurs when the price closes above or below the FVG area in the opposite direction of its bias. (Image 2) Inverted Bullish FVGs Turn into Potenti
The   Liquidation Estimates (Real-Time)   experimental indicator attempts to highlight real-time long and short liquidations on all timeframes. Here with liquidations, we refer to the process of forcibly closing a trader's position in the market. By analyzing liquidation data, traders can gauge market sentiment, identify potential support and resistance levels, identify potential trend reversals, and make informed decisions about entry and exit points. USAGE (Img 1)    Liquidation refers
OVERVIEW K-means is a clustering algorithm commonly used in machine learning to group data points into distinct clusters based on their similarities. While K-means is not typically used directly for identifying support and resistance levels in financial markets, it can serve as a tool in a broader analysis approach. Support and resistance levels are price levels in financial markets where the price tends to react or reverse. Support is a level where the price tends to stop falling and m
Introduction One of the patterns in "RTM" is the "QM" pattern, also known as "Quasimodo". Its name is derived from the appearance of "Hunchback of Notre-Dame" from Victor Hugo's novel. It is a type of "Head and Shoulders" pattern.   Formation Method   Upward Trend In an upward trend, the left shoulder is formed, and the price creates a new peak higher than the left shoulder peak . After a decline, it manages to break the previous low and move upward again. We expect the price to
The indicator   returning pivot point based trendlines with highlighted breakouts . Trendline caculated by pivot point and other clue are ATR, Stdev.   The indicator also includes integrated alerts for  trendlines  breakouts   and foward message to Telegram channel or group if you want. Settings ·            Lookback bar: Default 200 is number of bar caculate when init indicator. ·            Length:  Pivot points  period ·            Slope Calculation Method: Determines how this lope is calcula
The ICT Concepts indicator regroups core concepts highlighted by trader and educator "The Inner Circle Trader" (ICT) into an all-in-one toolkit. Features include Market Structure (MSS & BOS), Order Blocks, Imbalances, Buyside/Sellside Liquidity, Displacements, ICT Killzones, and New Week/Day Opening Gaps. It’s one kind of Smart money concepts.   USAGE:   Please read this   document  !      DETAILS Market Structure Market structure labels are constructed from price breaking a prior extreme
The FollowLine indicator is a trend following indicator. The blue/red lines are activated when the price closes above the upper Bollinger band or below the lower one. Once the trigger of the trend direction is made, the FollowLine will be placed at High or Low (depending of the trend). An ATR filter can be selected to place the line at a more distance level than the normal mode settled at candles Highs/Lows. Some features: + Trend detech + Reversal signal + Alert teminar / mobile app
The ICT Silver Bullet indicator is inspired from the lectures of "The Inner Circle Trader" (ICT) and highlights the Silver Bullet (SB) window which is a specific 1-hour interval where a Fair Value Gap (FVG) pattern can be formed. A detail document about ICT Silver Bullet here . There are 3 different Silver Bullet windows (New York local time): The London Open Silver Bullet (3 AM — 4 AM ~ 03:00 — 04:00) The AM Session Silver Bullet (10 AM — 11 AM ~ 10:00 — 11:00) The PM Session Silver Bullet (2
This indicator shows when user set sessions are active and returns various tools + metrics using the closing price within active sessions as an input. Users have the option to change up to 4 session times. The indicator will increasingly lack accuracy when the chart timeframe is higher than 1 hour. Settings Sessions Enable Session: Allows to enable or disable all associated elements with a specific user set session. Session Time: Opening and closing times of the user set session in the  
The liquidity swings indicator highlights swing areas with existent trading activity. The number of times price revisited a swing area is highlighted by a zone delimiting the swing areas. Additionally, the accumulated volume within swing areas is highlighted by labels on the chart. An option to filter out swing areas with volume/counts not reaching a user-set threshold is also included. This indicator by its very nature is not real-time and is meant for descriptive analysis alongside other com
The SuperTrend AI indicator is a novel take on bridging the gap between the K-means clustering machine learning method & technical indicators. In this case, we apply K-Means clustering to the famous SuperTrend indicator.   USAGE Users can interpret the SuperTrend AI trailing stop similarly to the regular SuperTrend indicator. Using higher minimum/maximum factors will return longer-term signals. (image 1) The displayed performance metrics displayed on each signal allow for a deeper interpretat
This script automatically calculates and updates ICT's daily IPDA look back time intervals and their respective discount / equilibrium / premium, so you don't have to :) IPDA stands for Interbank Price Delivery Algorithm. Said algorithm appears to be referencing the past 20, 40, and 60 days intervals as points of reference to define ranges and related PD arrays. Intraday traders can find most value in the 20 Day Look Back box, by observing imbalances and points of interest. Longer term traders c
Consolidation is when price is moving inside a clear trading range. When prices are consolidated it shows the market maker placing orders on both sides of the market. This is mainly due to manipulate the un informed money. This indicator automatically identifies consolidation zones and plots them on the chart. The method of determining consolidation zones is based on pivot points and ATR, ensuring precise identification. The indicator also sends alert notifications to users when a new consolida
Created by imjesstwoone and mickey1984, this trade model attempts to capture the expansion from the 10:00-14:00 EST 4h candle using just 3 simple steps. All of the information presented in this description has been outlined by its creators, all I did was translate it to MQL4. All core settings of the trade model may be edited so that users can test several variations, however this description will cover its default, intended behavior using NQ 5m as an example. Step 1 is to identify our Price Ra
The   ICT Unicorn Model   indicator highlights the presence of "unicorn" patterns on the user's chart which is derived from the lectures of   "The Inner Circle Trader" (ICT) . Detected patterns are followed by targets with a distance controlled by the user.   USAGE (image 2) At its core, the ICT Unicorn Model relies on two popular concepts, Fair Value Gaps and Breaker Blocks. This combination highlights a future area of support/resistance. A   Bullish Unicorn Pattern   consists out of:
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Sürüm 1.2 2023.11.28
Fix bug on array