Leading FVG Indicator

8 jam lalu

This is a FVG (Fair Value Gap) Indicator
The indicator sends a Engine Call (E) - that suggests a BUY or SELL based on the H1 Bullish or Bearish bias. Once Engine call is got wait for the price to fall or rise to the next FVG and buy or sell at that FVG based on the bias. Dont buy when FVG box is red in a Bull bias or Blue in a Bear bias. Take profit based on your risk appetite. It doesnot give any exit signals.

8 jam lalu

Nota Keluaran

Some changes to colours

2 jam lalu

Nota Keluaran

Leading FVG (Fair Value Gap), Order Block(OB) and Breaker Block (BB) Indicator

This gives an Engine Call E, post which you can take a BUY (if its Bull Bias) when the 1 min candle hits the FVG/OB or BB. Gives pretty decent results. You can either wait for weak high (for Longs) or weak low (for Shorts) to exit or exit based on your risk appetite. Use in conjunction with LuxAlgo's - Smart Money Concepts to indentify potential exit points.

Keep Chart Timeframe at 1 min.
FVG, OB and BB are calculated for 15 min internally
Engine Calls (E) is internally set to 5 min.

2 jam lalu

Nota Keluaran

Updated to display Bullish or Bearish Bias based on 30 min 50/20 EMA.

37 minit lalu

Nota Keluaran

Further Updates.
- Made Bullish and Bearish bias always appear on the right top corner.
- Bearish Engine Calls on a BULL bias will still appear. Left to user to evaluate risks of going short on a BULL bias.
- Not that engine calls are triggers to prepare you for a trade. It doesnt mean you need to take a position as soon as a 'E' symbol appears. Trade should be taken only when the 1 minute close is within the FVG/BB/OB blocks. Make sure you take a trade only when the color of the blocks match the color of the bias (Green or Red)