IMG Indicators Overview The IMG Indicators are crafted as comprehensive educational tools for price action traders. They incorporate a variety of concepts including: 1. Multiple Timeframe Analysis 2. Order Blocks (OB) 3. Breakers (BRKR) 4. Fair Value Gaps (FVGs) 5. Overlaps of OB and FVG 6. Overlaps of BRKR and FVG 7. Analysis of Internal and External Liquidity 8. Strategies for Identifying Potential Entries, Stop-loss, and Target Levels 9. Risk Management and Position Sizing
These Price Action concepts can be applied to any market (Stocks / Options / Forex / Futures / Crypto ) and any timeframe.
Introduction to the IMG Basic Indicator
The IMG Basic Indicator serves as the foundational level within the IMG suite of indicators. Its core function is to acquaint traders with elementary price action concepts such as: 1. Higher Timeframe Market Structures through Multiple Timeframe Analysis 2. Higher Timeframe Order Blocks 3. Higher Timeframe Breakers 4. Breaks in Higher Timeframe Market Structure
Higher Timeframe Market Structure: Market Structure can be defined using several techniques. The IMG indicators employ the Close through High/Low technique, which necessitates a candle close through a structural level to validate a structural break and designate a new range.
Example: H12 Market Structure visualisation on a H12 Chart with annotations:
By selecting a particular Market Structure timeframe in the settings, the indicator immediately illustrates both current and historical market structures for the chosen timeframe across all subordinate timeframes, subject to the limitations of your Tradingview subscription.
Example: H12 Market Structure visualisation on a H1 Chart with annotations:
Higher Timeframe Order Blocks (OB) An Order Block represents the last candle of the opposite direction preceding a Market Structure Break. For instance, a bullish Order Block is identified as the final bearish candle leading to a bullish market structure break, and vice versa for bearish Order Blocks.
Example: H12 OB visualisation on a H12 Chart with annotations:
When activated, the indicator will highlight the Higher Timeframe Order Blocks responsible for a Market Structure Break on all subordinate timeframes relative to the chosen Market Structure Timeframe.
Note: if multiple OBs exist, the indicator will display the OB closest to the new range extreme
Example: H12 OB visualisation on a H1 Chart with annotations:
Higher Timeframe Breaker Blocks (BRKR) A Breaker Block is identified as the most recent Order Block that has been breached by price, followed by an opposite Market Structure Break. For example, a bullish Breaker Block is the last bearish Order Block that price has passed through, followed by a bullish structural break, and the inverse is true for bearish Breakers.
Example: H12 Breaker visualisation on a H12 Chart with annotations:
Once enabled, the system will display Higher Timeframe Breaker Blocks after an opposite Market Structure Break is confirmed on all subordinate timeframes.
Example: H12 Breaker visualisation on a H1 Chart with annotations:
ALERTS: Higher Timeframe Market Structure Breaks (HTF MSBs) The system provides notifications of confirmed Market Structure Breaks based on the selected Higher Timeframe Market Structure Timeframe. For instance, selecting a weekly structure will trigger an alert when price closes through a weekly structural level, and the same logic applies to other timeframes like D, H12, H4, H1 etc.
To enable alerts, right-click on the indicator and select “Add Alert on IMG ...”. You may customise the alert name as desired and then click 'Create' to finalise the alert setup.
General Note: There is no system, indicator, algorithm, or strategy that can provide absolute certainty in predicting market movements. Use trading indicators as a tool to assist with trading decisions and manage your risk wisely.
For a complete user manual / knowledge base on the IMG Indicators, click on the User Manual link in the signature below
@Alv.c, Hi - the premium indicators will be launched shortly. Should be announced within the next 2 weeks.
wejo13
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@IMGPro, Hey, can we get the pro version allready?
IMGPro
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IMGPro
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Noticed a few typos in the Order Blocks description screenshots. Updated Screenshots below:
H12-H12:
Corresponding H12-H1:
IMGPro
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@IMGPro, can ignore these links: Moderators were kind enough to update the description / screenshots for us.
tadeustrading
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Works well on the timeframes I tested, however I would like to see the box extend left to the candle(s) it originates from. Just a personal thing because that's how I draw my own breakers and OBs.
It would also be nice for the "historical" box to have more options. Rather than only being able to have every single box ever, or only the most recent box, provide an option to have all breakers from the last week/month. Or the 5 most recent. or 3.
Great indicator though. Good work on this one guys.
sumeru_tradomate
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Amazing work Mayne! Fan here
nath18
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How does one add indicator to the chart? Do you need TradingView premium or somethin?
IMGPro
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@nath18, Hi - add it to your favorites and apply it from the indicators list.