ICT Concepts [LuxAlgo]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.
🔶 SETTINGS
🔹 Mode
When Present is selected, only data of the latest 500 bars are used/visualized, except for NWOG/NDOG
🔹 Market Structure
Enable/disable Market Structure.
Length: will set the lookback period/sensitivity.
In Present Mode only the latest Market Structure trend will be shown, while in Historical Mode, previous trends will be shown as well:
You can toggle MSS/BOS separately and change the colors:
🔹 Displacement
Enable/disable Displacement.
🔹 Volume Imbalance
Enable/disable Volume Imbalance.
# Visible VI's: sets the amount of visible Volume Imbalances (max 100), color setting is placed at the side.
🔹 Order Blocks
Enable/disable Order Blocks.
Swing Lookback: Lookback period used for the detection of the swing points used to create order blocks.
Show Last Bullish OB: Number of the most recent bullish order/breaker blocks to display on the chart.
Show Last Bearish OB: Number of the most recent bearish order/breaker blocks to display on the chart.
Color settings.
Show Historical Polarity Changes: Allows users to see labels indicating where a swing high/low previously occurred within a breaker block.
Use Candle Body: Allows users to use candle bodies as order block areas instead of the full candle range.
Change in Order Blocks style:
🔹 Liquidity
Enable/disable Liquidity.
Margin: sets the sensitivity, 2 points are fairly equal when:
'point 1' < 'point 2' + (10 bar Average True Range / (10 / margin)) and
'point 1' > 'point 2' - (10 bar Average True Range / (10 / margin))
# Visible Liq. boxes: sets the amount of visible Liquidity boxes (max 50), this amount is for Sellside and Buyside boxes separately.
Colour settings.
Change in Liquidity style:
🔹 Fair Value Gaps
Enable/disable FVG's.
Balance Price Range: this is the overlap of latest bullish and bearish Fair Value Gaps.
By disabling Balance Price Range only FVGs will be shown.
Options: Choose whether you wish to see FVG or Implied Fair Value Gaps (this will impact Balance Price Range as well)
# Visible FVG's: sets the amount of visible FVG's (max 20, in the same direction).
Color settings.
Change in FVG style:
🔹 NWOG/NDOG
Enable/disable NWOG; color settings; amount of NWOG shown (max 50).
Enable/disable NDOG ; color settings; amount of NDOG shown (max 50).
🔹 Fibonacci
This tool connects the 2 most recent bullish/bearish (if applicable) features of your choice, provided they are enabled.
3 examples (FVG, BPR, OB):
Extend lines -> Enabled (example OB):
🔹 Killzones
Enable/disable all or the ones you need.
Time settings are coded in the corresponding time zones.
🔶 USAGE
By default, the indicator displays each feature relevant to the most recent price variations in order to avoid clutter on the chart & to provide a very similar experience to how a user would contruct ICT Concepts by hand.
Users can use the historical mode in the settings to see historical market structure/imbalances. The ICT Concepts indicator has various use cases, below we outline many examples of how a trader could find usage of the features together.
In the above image we can see price took out Sellside liquidity, filled two bearish FVGs, a market structure shift, which then led to a clean retest of a bullish FVG as a clean setup to target the order block above.
Price then fills the OB which creates a breaker level as seen in yellow.
Broken OBs can be useful for a trader using the ICT Concepts indicator as it marks a level where orders have now been filled, indicating a solidified level that has proved itself as an area of liquidity. In the image above we can see a trade setup using a broken bearish OB as a potential entry level.
We can see the New Week Opening Gap (NWOG) above was an optimal level to target considering price may tend to fill / react off of these levels according to ICT.
In the next image above, we have another example of various use cases where the ICT Concepts indicator hypothetically allow traders to find key levels & find optimal entry points using market structure.
In the image above we can see a bearish Market Structure Shift (MSS) is confirmed, indicating a potential trade setup for targeting the Balanced Price Range imbalance (BPR) below with a stop loss above the buyside liquidity.
Although what we are demonstrating here is a hindsight example, it shows the potential usage this toolkit gives you for creating trading plans based on ICT Concepts.
Same chart but playing out the history further we can see directly after price came down to the Sellside liquidity & swept below it...
Then by enabling IFVGs in the settings, we can see the IFVG retests alongside the Sellside & Buyside liquidity acting in confluence.
Which allows us to see a great bullish structure in the market with various key levels for potential entries.
Here we can see a potential bullish setup as price has taken out a previous Sellside liquidity zone and is now retesting a NWOG + Volume Imbalance.
Users also have the option to display Fibonacci retracements based on market structure, order blocks, and imbalance areas, which can help place limit/stop orders more effectively as well as finding optimal points of interest beyond what the primary ICT Concepts features can generate for a trader.
In the above image we can see the Fibonacci extension was selected to be based on the NWOG giving us some upside levels above the buyside liquidity.
🔶 DETAILS
Each feature within the ICT Concepts indicator is described in the sub sections below.
🔹 Market Structure
Market structure labels are constructed from price breaking a prior swing point. This allows a user to determine the current market trend based on the price action.
There are two types of Market Structure labels included:
Market Structure Shift (MSS)
Break Of Structure (BOS)
A MSS occurs when price breaks a swing low in an uptrend or a swing high in a downtrend, highlighting a potential reversal. This is often labeled as "CHoCH", but ICT specifies it as MSS.
On the other hand, BOS labels occur when price breaks a swing high in an uptrend or a swing low in a downtrend. The occurrence of these particular swing points is caused by retracements (inducements) that highlights liquidity hunting in lower timeframes.
🔹 Order Blocks
More significant market participants (institutions) with the ability of placing large orders in the market will generally place a sequence of individual trades spread out in time. This is referred as executing what is called a "meta-order".
Order blocks highlight the area where potential meta-orders are executed. Bullish order blocks are located near local bottoms in an uptrend while bearish order blocks are located near local tops in a downtrend.
When price mitigates (breaks out) an order block, a breaker block is confirmed. We can eventually expect price to trade back to this breaker block offering a new trade opportunity.
🔹 Buyside & Sellside Liquidity
Buyside / Sellside liquidity levels highlight price levels where market participants might place limit/stop orders.
Buyside liquidity levels will regroup the stoploss orders of short traders as well as limit orders of long traders, while Sellside liquidity levels will regroup the stoploss orders of long traders as well as limit orders of short traders.
These levels can play different roles. More informed market participants might view these levels as source of liquidity, and once liquidity over a specific level is reduced it will be found in another area.
🔹 Imbalances
Imbalances highlight disparities between the bid/ask, these can also be defined as inefficiencies, which would suggest that not all available information is reflected by the price and would as such provide potential trading opportunities.
It is common for price to "rebalance" and seek to come back to a previous imbalance area.
ICT highlights multiple imbalance formations:
Fair Value Gaps: A three candle formation where the candle shadows adjacent to the central candle do not overlap, this highlights a gap area.
Implied Fair Value Gaps: Unlike the fair value gap the implied fair value gap has candle shadows adjacent to the central candle overlapping. The gap area is constructed from the average between the respective shadow and the nearest extremity of their candle body.
Balanced Price Range: Balanced price ranges occur when a fair value gap overlaps a previous fair value gap, with the overlapping area resulting in the imbalance area.
Volume Imbalance: Volume imbalances highlight gaps between the opening price and closing price with existing trading activity (the low/high overlap the previous high/low).
Opening Gap: Unlike volume imbalances opening gaps highlight areas with no trading activity. The low/high does not reach previous high/low, highlighting a "void" area.
🔹 Displacement
Displacements are scenarios where price forms successive candles of the same sentiment (bullish/bearish) with large bodies and short shadows.
These can more technically be identified by positive auto correlation (a close to open change is more likely to be followed by a change of the same sign) as well as volatility clustering (large changes are followed by large changes).
Displacements can be the cause for the formation of imbalances as well as market structure, these can be caused by the full execution of a meta order.
🔹 Kill Zones
Killzones represent different time intervals that aims at offering optimal trade entries. Killzones include:
- New York Killzone (7:9 ET)
- London Open Killzone (2:5 ET)
- London Close Killzone (10:12 ET)
- Asian Killzone (20:00 ET)
🔶 Conclusion & Supplementary Material
This script aims to emulate how a trader would draw each of the covered features on their chart in the most precise representation to how it's actually taught by ICT directly.
There are many parallels between ICT Concepts and Smart Money Concepts that we released in 2022 which has a more general & simpler usage:
ICT Concepts, however, is more specifically aligned toward the community's interpretation of how to analyze price 'based on ICT', rather than displaying features to have a more classic interpretation for a technical analyst.
Cari dalam skrip untuk "imbalance"
Footprint IQ Pro [TradingIQ]Hello Traders!
Introducing "Footprint IQ Pro"!
Footprint IQ Pro is an all-in-one Footprint indicator with several unique features.
Features
Calculated delta at tick level
Calculated delta ratio at tick level
Calculated buy volume at tick level
Calculated sell volume at tick level
Imbalance detection
Stacked imbalance detection
Stacked imbalance alerts
Value area and POC detection
Highest +net delta levels detection
Lowest -net delta levels detection
CVD by tick levels
Customizable values area percentage
The image above thoroughly outlines what each metric in the delta boxes shows!
Metrics In Delta Boxes
"δ:", "\nδ%:", "\n⧎: ", "\n◭: ", "\n⧩: "
δ Delta (Difference between buy and sell volume)
δ% Delta Ratio (Delta as a percentage of total volume)
⧎ Total Volume At Level (Total volume at the price area)
◭ Total Buy Volume At Level (Total buy volume at the price area)
⧩ Total Sell Volume At Level (total sell volume at the price area)
Each metric comes with a corresponding symbol.
That said, until you become comfortable with the symbol, you can also turn on the descriptive labels setting!
The image above exemplifies the feature.
The image above shows Footprint IQ's full power!
Additionally, traders with an upgraded TradingView plan can make use of the "1-Second" feature Footprint IQ offers!
The image above shows each footprint generated using 1-second volume data. 1-second data is highly granular compared to 1-minute data and, consequently, each footprint is exceptionally more accurate!
Imbalance Detection
Footprint IQ pro is capable of detecting user-defined delta imbalances.
The image above further explains how Footprint IQ detects imbalances!
The imbalance percentage is customizable in the settings, and is set to 70% by default.
Therefore,
When net delta is positive, and the positive net delta constitutes >=70% of the total volume, a buying imbalance will be detected (upwards triangle).
When net delta is negative, and the negative net delta constitutes >=70% of the total volume, a buying imbalance will be detected (downwards triangle).
Stacked Imbalance Detection
In addition to imbalance detection, Footprint IQ Pro can also detect stacked imbalances!
The image above shows Footprint IQ Pro detecting stacked imbalances!
Stacked imbalances occur when consecutive imbalances at sequential price areas occur. Stacked imbalances are generally interpreted as significant price moves that are supported by volume, rather than a significant result with disproportionate effort.
The criteria for stacked imbalance detection (how many imbalances must occur at sequential price areas) is customizable in the settings.
The default value is three. Therefore, when three imbalances occur at sequential price areas, golden triangles will begin to print to show a stacked imbalance.
Additionally, traders can set alerts for when stacked imbalances occur!
Highest +Delta and Highest -Delta Levels
In addition to being a fully-fledged Footprint indicator, Footprint IQ Pro goes one step further by detecting price areas where the greater +Delta and -Delta are!
The image above shows price behavior near highest +Delta price areas detected by Footprint IQ!
These +Delta levels are considered important as there has been strong interest from buyers at these price areas when they are traded at.
It's expected that these levels can function as support points that are supported by volume.
The image above shows a similar function for resistance points!
Blue lines = High +Delta Detected Price Areas
Red lines = High -Delta Detected Price Areas
Value Area Detection
Similar to traditional volume profile, Footprint IQ Pro displays the value area per bar.
Green lines next to each footprint show the value area for the bar. The value area % is customizable in the settings.
CVD Levels
Footprint IQ Pro is capable of storing historical volume delta information to provide CVD measurements at each price area!
The image above exemplifies this feature!
When this feature is enabled, you will see the CVD of each price area, rather than the net delta!
And that's it!
Thank you so much to TradingView for offering the greatest charting platform for everyone to create on!
If you have any feature requests you'd like to see for Footprint IQ, please feel free to share them with us!
Thank you!
NWOG with FVGThe New Week Opening Gap (NWOG) and Fair Value Gap (FVG) combined indicator is a trading tool designed to analyze price action and detect potential support, resistance, and trade entry opportunities based on two significant concepts:
New Week Opening Gap (NWOG): The price range between the high and low of the first candle of the new trading week.
Fair Value Gap (FVG): A price imbalance or gap between candlesticks, where price may retrace to fill the gap, indicating potential support or resistance zones.
When combined, these two concepts help traders identify key price levels (from the new week open) and price imbalances (from FVGs), which can act as powerful indicators for potential market reversals, retracements, or continuation trades.
1. New Week Opening Gap (NWOG):
Definition:
The New Week Opening Gap (NWOG) refers to the range between the high and low of the first candle in a new trading week (often, the Monday open in most markets).
Purpose:
NWOG serves as a significant reference point for market behavior throughout the week. Price action relative to this range helps traders identify:
Support and Resistance zones.
Bullish or Bearish sentiment depending on price’s relation to the opening gap levels.
Areas where the market may retrace or reverse before continuing in the primary trend.
How NWOG is Identified:
The high and low of the first candle of the new week are drawn on the chart, and these levels are used to assess the market's behavior relative to this range.
Trading Strategy Using NWOG:
Above the NWOG Range: If price is trading above the NWOG levels, it signals bullish sentiment.
Below the NWOG Range: If price is trading below the NWOG levels, it signals bearish sentiment.
Price Touching the NWOG Levels: If price approaches or breaks through the NWOG levels, it can indicate a potential retracement or reversal.
2. Fair Value Gap (FVG):
Definition:
A Fair Value Gap (FVG) occurs when there is a gap or imbalance between two consecutive candlesticks, where the high of one candle is lower than the low of the next candle (or vice versa), creating a zone that may act as a price imbalance.
Purpose:
FVGs represent an imbalance in price action, often indicating that the market moved too quickly and left behind a price region that was not fully traded.
FVGs can serve as areas where price is likely to retrace to fill the gap, as traders seek to correct the imbalance.
How FVG is Identified:
An FVG is detected if:
Bearish FVG: The high of one candle is less than the low of the next (gap up).
Bullish FVG: The low of one candle is greater than the high of the next (gap down).
The area between the gap is drawn as a shaded region, indicating the FVG zone.
Trading Strategy Using FVG:
Price Filling the FVG: Price is likely to retrace to fill the gap. A reversal candle in the FVG zone can indicate a trade setup.
Support and Resistance: FVG zones can act as support (in a bullish FVG) or resistance (in a bearish FVG) if the price retraces to them.
Combined Strategy: New Week Opening Gap (NWOG) and Fair Value Gap (FVG):
The combined use of NWOG and FVG helps traders pinpoint high-probability price action setups where:
The New Week Opening Gap (NWOG) acts as a major reference level for potential support or resistance.
Fair Value Gaps (FVG) represent market imbalances where price might retrace to, filling the gap before continuing its move.
Signal Logic:
Buy Signal:
Price touches or breaks above the NWOG range (indicating a bullish trend) and there is a bullish FVG present (gap indicating a support area).
Price retraces to fill the bullish FVG, offering a potential buy opportunity.
Sell Signal:
Price touches or breaks below the NWOG range (indicating a bearish trend) and there is a bearish FVG present (gap indicating a resistance area).
Price retraces to fill the bearish FVG, offering a potential sell opportunity.
Example:
Buy Setup:
Price breaks above the NWOG resistance level, and a bullish FVG (gap down) appears below. Traders can wait for price to pull back to fill the gap and then take a long position when confirmation occurs.
Sell Setup:
Price breaks below the NWOG support level, and a bearish FVG (gap up) appears above. Traders can wait for price to retrace and fill the gap before entering a short position.
Key Benefits of the Combined NWOG & FVG Indicator:
Combines Two Key Concepts:
NWOG provides context for the market's overall direction based on the start of the week.
FVG highlights areas where price imbalances exist and where price might retrace to, making it easier to spot entry points.
High-Probability Setups:
By combining these two strategies, the indicator helps traders spot high-probability trades based on major market levels (from NWOG) and price inefficiencies (from FVG).
Helps Identify Reversal and Continuation Opportunities:
FVGs act as potential support and resistance zones, and when combined with the context of the NWOG levels, it gives traders clearer guidance on where price might reverse or continue its trend.
Clear Visual Signals:
The indicator can plot the NWOG levels on the chart, and shade the FVG areas, providing a clean and easy-to-read chart with entry signals marked for buy and sell opportunities.
Conclusion:
The New Week Opening Gap (NWOG) and Fair Value Gap (FVG) combined indicator is a powerful tool for traders who use price action strategies. By incorporating the New Week's opening range and identifying gaps in price action, this indicator helps traders identify potential support and resistance zones, pinpoint entry opportunities, and increase the probability of successful trades.
This combined strategy enhances your analysis by adding layers of confirmation for trades based on significant market levels and price imbalances. Let me know if you'd like more details or modifications!
Dabel MS + FVGThis script is designed to assist traders by identifying market structures, imbalances, and potential trade opportunities using Break of Structure (BOS) and Market Structure Shifts (MSS). It visually highlights imbalances in price action, key pivots, and market structure changes, providing actionable information for making trading decisions.
Key features:
Imbalances Detection: Highlights bullish and bearish price gaps (Fair Value Gaps) using colored boxes. Users can choose the line style (solid, dashed, or dotted) for imbalance midlines.
Market Structure Analysis: Tracks pivot highs and lows to identify BOS and MSS in two separate market structures with adjustable pivot strengths.
Customizable Visualization: Allows users to choose line styles, colors, and display options for both imbalances and market structures.
Alerts: Alerts traders when BOS or MSS occur, helping to monitor the market effectively.
Trading Strategy
Imbalance Trading:
Imbalances (gaps) represent areas where supply or demand was left unfilled. These gaps often act as magnet zones where the price revisits to fill.
Bullish Imbalance: Look for buying opportunities when price enters a green imbalance zone.
Bearish Imbalance: Look for selling opportunities when price enters a red imbalance zone.
Use the midline of the imbalance box as a key reference point for potential reversals.
Break of Structure (BOS) and Market Structure Shift (MSS):
BOS: Indicates a continuation of the existing trend. For example:
Bullish BOS: Look for continuation in the uptrend after a high is broken.
Bearish BOS: Look for continuation in the downtrend after a low is broken.
MSS: Suggests a potential reversal in market structure. For example:
Bullish MSS: Indicates a possible shift from a bearish to bullish market.
Bearish MSS: Indicates a potential shift from a bullish to bearish market.
Multiple Market Structures:
This script provide two sets of market structures, allowing traders to compare short-term and long-term trends.
Adjust the pivot strength to suit your trading style (lower for intraday trading, higher for swing or positional trading).
Entry and Exit:
Entry: Look for entries near imbalances or after confirmed BOS/MSS in line with the overall trend.
Exit: Place stop-loss below/above recent pivots and take profit at nearby support/resistance or imbalance zones.
For New Traders
Focus on Basics: Understand what BOS and MSS mean and how they signal trend direction or reversals.
Use Alerts: Rely on the script's alert system to catch important moments without staring at charts all day.
Start Small: Test this strategy on a demo account before using it live. You can understand it more with practice.
Fair Value Gap & Gap Profile [BigBeluga]This indicator is designed to help traders identify and utilize fair value gaps on price charts and analyze volume at these points. These gaps, formed by significant price movements, can act as key support and resistance levels. The indicator enhances trading strategies by visually representing these gaps, making it easier for traders to spot potential entry and exit points.
⦿ What Is A Fair Value Gap?
Before diving into the practical use of the Fair Value Gap in trading, it's crucial to have a clear understanding of what it is and how to identify it on your charts. The Fair Value Gap, or FVG , is a widely utilized tool among price action traders to detect market inefficiencies or imbalances. Sometimes you will even see them labeled as inefficiencies by other traders. These imbalances arise when buying or selling pressure is significant, resulting in a large upward or downward move, leaving behind an imbalance in the market.
The idea behind FVGs is that the market will eventually come back to these inefficiencies in the market before continuing in the same direction as the initial impulsive move. FVGs are important since traders can achieve an edge in the market. Price action traders can also use these imbalances as entry or exit points in the market.
By visually representing gaps and their profile, the Fair Value Gap (FVG) & Gap Profile indicator provides a historical overview of gaps within a specified lookback period, showing the distribution and density of gaps across different price levels. This insight helps traders identify zones where the price tends to move more fluidly, often encountering less resistance. High points on the Gap Profile indicate areas where gaps have occurred frequently in the past, which could serve as potential breakout or breakdown zones.
⦿ Key Features:
● Gap Detection and Visualization:
- Identifies Bullish and Bearish Gaps: Highlights gaps where the price moved significantly up or down along with a volume. Intensivity of color show strength of FVG by volume
- Filter for Significant Gaps: Allows users to filter out insignificant gaps, ensuring only relevant gaps are displayed.
● Customizable Display Options:
- Shows Filled Gaps: Option to display gaps that have been filled, aiding in the analysis of historical price movements.
- Displays Filled Gap Levels: Highlights the levels of filled gaps.
● Gap Profile:
Gap Profile Insight: The Gap Profile feature shows the distribution of gaps over a specified lookback period. High points on the FVG Profile indicate areas with a significant number of gaps in the past. These high points are signs of low resistance for price movement. Consequently, at these points, the price tends to move more easily without encountering strong resistance. Traders can use this information to identify potential breakout or breakdown zones where price action is likely to be more fluid.
● Grab Liquidity Detection:
- Collect liquidity Signals: Plots markers on the chart where price interacts with gap levels, providing potential trade signals based on liquidity.
⦿ How Traders Can Use This Indicator:
- Plan Trades: Use gaps as potential entry and exit points, based on whether the price is approaching, filling, or moving away from a gap.
- Analyze Market Trends: Understand historical price movements by analyzing filled gaps and their impact on current price action.
- Analyze Gap Profile: Identify zones where the price tends to move more fluidly, often encountering less resistance. High points on the Gap Profile indicate areas where gaps have occurred frequently in the past, which could serve as potential breakout or breakdown zones.
- Price imbalance: market will eventually come back to these inefficiencies and fill them. inefficiencies or imbalances in the market usually act as a magnet for price.
By incorporating the Fair Value Gap & Gap Profile indicator into their trading strategy, traders can gain a clearer understanding of market dynamics and make more informed trading decisions.
D3m4h GIFVGDescription
D3m4h GIFVG is an indicator designed to automatically detect market imbalances—often referred to as FVGs (Fair Value Gaps)—and potential pivot-based shifts in market structure. It offers a dynamic approach to visualizing supply/demand inefficiencies and pivot-based trend changes. Key features include:
1. Pivot-Based Bullish/Bearish Detection
The indicator identifies higher-high/lower-low pivot logic as well as “outside bar” pivots.
It tracks when the market transitions from bullish to bearish ranges, or vice versa, by using multiple checks:
Pivot low/high detection
Break-of-structure (when price crosses the last pivot)
Opposing FVG detection to confirm an intraday pivot shift
2. FVG (Fair Value Gap) Detection
The script automatically scans for bullish or bearish FVG conditions:
Bullish FVG: Candle at position (bar_index - 2) has a high below the current candle’s low.
Bearish FVG: Candle at position (bar_index - 2) has a low above the current candle’s high.
When it detects an FVG, it draws a box on the chart to highlight the price gap (yellow boxes by default).
3. Pivot Range FVG
If an FVG forms while the market is in a bullish pivot range, the script can paint a special “blue” FVG to underscore its significance. The same logic applies if a newly formed FVG appears in a bearish pivot range.
4. Filled Gap Cleanup
You can optionally hide standard FVG boxes once they’re filled. For example, if the candle’s body (or candle range) covers that gap, the box is removed to keep your chart clean.
5. Pivot-Range FVG “Raided” Cleanup
If the pivot-based FVG is later filled from the opposing direction, it turns green and can optionally remove itself after a set number of bars.
6. Informative Table
A small table on the chart optionally displays whether or not the pivot-based FVG has been “raided”. You can toggle this table on/off in the settings.
How It Works
1. Pivot Shifts
The script tracks the last pivot high/low using a combination of candle-based pivot detection and break-of-structure checks (when price crosses the last pivot in the opposite direction).
When a shift is detected, the pivot range ID increments—this helps the script know when to remove old pivot-based FVGs or draw new ones.
2. FVG Formation
Each new bar checks if a bullish or bearish FVG formed (comparing the high of bar two bars ago to the current low, or the low of bar two bars ago to the current high).
If one is found, a box is drawn to highlight the imbalance. Its color and extension depend on script settings.
3. Imbalance or Pivot FVG
Standard imbalance boxes appear in yellow.
If the new imbalance coincides with a bullish or bearish pivot range, a special “pivot imbalance” box in blue is drawn.
3. Hide Filled
If a newly formed candle’s body fully covers the FVG, the box is considered filled. If Hide Filled Gaps is enabled, the box is deleted once it’s covered.
4. Raid Status
For the pivot-based (blue) FVG, once price invalidates it from the opposite side, it changes color to green and gets removed after a user-defined number of bars.
How to Use
1. Look for FVGs
Observe yellow boxes to identify potential intraday imbalances. Watch for price returning to fill these zones.
If you see a “blue” box, it signifies a pivot-based FVG in line with a recognized shift in structure—arguably a higher-probability zone.
2. “Hide Filled Gaps”
Turn this on if you only want to see currently active or partially filled imbalances. The script cleans up old, fully covered boxes to keep your chart neat.
3. Pivot Shifts
Note the script’s internal pivot logic. Each new pivot re-defines bullish or bearish states. Use these states to gauge the short-term trend shifts.
4. Toggle the Table
You can show or hide the chart table by enabling/disabling “Show Table” from the inputs. This table indicates if the pivot-based “GIFVG” has been “raided” or not.
5. Extend Count
Adjust the extendCount in the code if you want FVG boxes to extend further or shorter in time.
Underlying Concepts
Fair Value Gaps
Market inefficiencies that occur when price jumps, leaving a “gap” from the candle 2 bars ago to the current candle. They can act like mini supply/demand zones where price may revisit for balance.
Pivot Ranges
The script tries to maintain an internal sense of whether the market is in a bullish or bearish pivot range. When it sees a contrary FVG or break-of-structure, it flips the pivot state.
Outside Bars
A candle that has both a higher high and a lower low than the previous bar. The script uses these to mark significant pivot shifts.
By combining pivot-based logic with FVG detection, the D3m4h GIFVG indicator helps highlight potential areas of liquidity or unfilled value. Traders can use these zones to plan entries/exits or to confirm short-term trend shifts.
Macros ICT KillZones [TradingFinder] Times & Price Trading Setup🔵 Introduction
ICT Macros, developed by Michael Huddleston, also known as ICT (Inner Circle Trader), is a powerful trading tool designed to help traders identify the best trading opportunities during key time intervals like the London and New York trading sessions.
For traders aiming to capitalize on market volatility, liquidity shifts, and Fair Value Gaps (FVG), understanding and using these critical time zones can significantly improve trading outcomes.
In today’s highly competitive financial markets, identifying the moments when the market is seeking buy-side or sell-side liquidity, or filling price imbalances, is essential for maximizing profitability.
The ICT Macros indicator is built on the renowned ICT time and price theory, which enables traders to track and leverage key market dynamics such as breaks of highs and lows, imbalances, and liquidity hunts.
This indicator automatically detects crucial market times and optimizes strategies for traders by highlighting the specific moments when price movements are most likely to occur. A standout feature of ICT Macros is its automatic adjustment for Daylight Saving Time (DST), ensuring that traders remain synced with the correct session times.
This means you can rely on accurate market timing without the need for manual updates, allowing you to focus on capturing profitable trades during critical timeframes.
🔵 How to Use
The ICT Macros indicator helps you capitalize on trading opportunities during key market moments, particularly when the market is breaking highs or lows, filling Fair Value Gaps (FVG), or addressing imbalances. This indicator is particularly beneficial for traders who seek to identify liquidity, market volatility, and price imbalances.
🟣 Sessions
London Sessions
London Macro 1 :
UTC Time : 06:33 to 07:00
New York Time : 02:33 to 03:00
London Macro 2 :
UTC Time : 08:03 to 08:30
New York Time : 04:03 to 04:30
New York Sessions
New York Macro AM 1 :
UTC Time : 12:50 to 13:10
New York Time : 08:50 to 09:10
New York Macro AM 2 :
UTC Time : 13:50 to 14:10
New York Time : 09:50 to 10:10
New York Macro AM 3 :
UTC Time : 14:50 to 15:10
New York Time : 10:50 to 11:10
New York Lunch Macro :
UTC Time : 15:50 to 16:10
New York Time : 11:50 to 12:10
New York PM Macro :
UTC Time : 17:10 to 17:40
New York Time : 13:10 to 13:40
New York Last Hour Macro :
UTC Time : 19:15 to 19:45
New York Time : 15:15 to 15:45
These time intervals adjust automatically based on Daylight Saving Time (DST), helping traders to enter or exit trades during key market moments when price volatility is high.
Below are the main applications of this tool and how to incorporate it into your trading strategies :
🟣 Combining ICT Macros with Trading Strategies
The ICT Macros indicator can easily be used in conjunction with various trading strategies. Two well-known strategies that can be combined with this indicator include:
ICT 2022 Trading Model : This model is designed based on identifying market liquidity, structural price changes, and Fair Value Gaps (FVG). By using ICT Macros, you can identify the key time intervals when the market is seeking liquidity, filling imbalances, or breaking through important highs and lows, allowing you to enter or exit trades at the right moment.
Silver Bullet Strategy : This strategy, which is built around liquidity hunting and rapid price movements, can work more accurately with the help of ICT Macros. The indicator pinpoints precise liquidity times, helping traders take advantage of market shifts caused by filling Fair Value Gaps or correcting imbalances.
🟣 Capitalizing on Price Volatility During Key Times
Large market algorithms often seek liquidity or fill Fair Value Gaps (FVG) during the intervals marked by ICT Macros. These periods are when price volatility increases, and traders can use these moments to enter or exit trades.
For example, if sell-side liquidity is drained and the market fills an imbalance, the price might move toward buy-side liquidity. By identifying these moments, which may also involve breaking a previous high or low, you can leverage rapid market fluctuations to your advantage.
🟣 Identifying Liquidity and Price Imbalances
One of the important uses of ICT Macros is identifying points where the market is seeking liquidity and correcting imbalances. You can determine high or low liquidity levels in the market before each ICT Macro, as well as Fair Value Gaps (FVG) and price imbalances that need to be filled, using them to adjust your trading strategy. This capability allows you to manage trades based on liquidity shifts or imbalance corrections without needing a bias toward a specific direction.
🔵 Settings
The ICT Macros indicator offers various customization options, allowing users to tailor it to their specific needs. Below are the main settings:
Time Zone Mode : You can select one of the following options to define how time is displayed:
UTC : For traders who need to work with Universal Time.
Session Local Time : The local time corresponding to the London or New York markets.
Your Time Zone : You can specify your own time zone (e.g., "UTC-4:00").
Your Time Zone : If you choose "Your Time Zone," you can set your specific time zone. By default, this is set to UTC-4:00.
Show Range Time : This option allows you to display the time range of each session on the chart. If enabled, the exact start and end times of each interval are shown.
Show or Hide Time Ranges : Toggle on/off for visual clarity depending on user preference.
Custom Colors : Set distinct colors for each session, allowing users to personalize their chart based on their trading style.These settings allow you to adjust the key time intervals of each trading session to your preference and customize the time format according to your own needs.
🔵 Conclusion
The ICT Macros indicator is a powerful tool for traders, helping them to identify key time intervals where the market seeks liquidity or fills Fair Value Gaps (FVG), corrects imbalances, and breaks highs or lows. This tool is especially valuable for traders using liquidity-based strategies such as ICT 2022 or Silver Bullet.
One of the key features of this indicator is its support for Daylight Saving Time (DST), ensuring you are always in sync with the correct trading session timings without manual adjustments. This is particularly beneficial for traders operating across different time zones.
With ICT Macros, you can capitalize on crucial market opportunities during sensitive times, take advantage of imbalances, and enhance your trading strategies based on market volatility, liquidity shifts, and Fair Value Gaps.
Fair Value Gap ChartThe Fair Value Gap chart is a new charting method that displays fair value gap imbalances as Japanese candlesticks, allowing traders to quickly see the evolution of historical market imbalances.
The script is additionally able to compute an exponential moving average using the imbalances as input.
🔶 USAGE
The Fair Value Gap chart allows us to quickly display historical fair value gap imbalances. This also allows for filtering out potential noisy variations, showing more compact trends.
Most like other charting methods, we can draw trendlines/patterns from the displayed results, this can be helpful to potentially predict future imbalances locations.
Users can display an exponential moving average computed from the detected fvg's imbalances. Imbalances above the ema can be indicative of an uptrend, while imbalances under the ema are indicative of a downtrend.
Note that due to pinescript limitations a maximum of 500 lines can be displayed, as such displaying the EMA prevent candle wicks from being displayed.
🔶 DETAILS
🔹 Candle Structure
The Fair Value Gap Chart is constructed by keeping a record of all detected fair value gaps on the chart. Each fvg is displayed as a candlestick, with the imbalance range representing the body of the candle, and the range of the imbalance interval being used for the wicks.
🔹 EMA Source Input
The exponential moving average uses the imbalance range to get its input source, the extremity of the range used depends on whether the fvg is bullish or bearish.
When the fvg is bullish, the maximum of the imbalance range is used as ema input, else the minimum of the fvg imbalance is used.
PRINT_TYPELibrary "PRINT_TYPE"
Inputs
Inputs objects
Fields:
inbalance_percent (series int) : percentage coefficient to determine the Imbalance of price levels
stacked_input (series int) : minimum number of consecutive Imbalance levels required to draw extended lines
show_summary_footprint (series bool)
procent_volume_area (series int) : definition size Value area
new_imbalance_cond (series bool) : bool input for setup alert on new imbalance buy and sell
new_imbalance_line_cond (series bool) : bool input for setup alert on new imbalance line buy and sell
stop_past_imbalance_line_cond (series bool) : bool input for setup alert on stop past imbalance line buy and sell
Constants
Constants all Constants objects
Fields:
imbalance_high_char (series string) : char for printing buy imbalance
imbalance_low_char (series string) : char for printing sell imbalance
color_title_sell (series color) : color for footprint sell
color_title_buy (series color) : color for footprint buy
color_line_sell (series color) : color for sell line
color_line_buy (series color) : color for buy line
color_title_none (series color) : color None
Calculation_data
Calculation_data data for calculating
Fields:
detail_open (array) : array open from calculation timeframe
detail_high (array) : array high from calculation timeframe
detail_low (array) : array low from calculation timeframe
detail_close (array) : array close from calculation timeframe
detail_vol (array) : array volume from calculation timeframe
previos_detail_close (array) : array close from calculation timeframe
isBuyVolume (series bool) : attribute previosly bar buy or sell
Footprint_row
Footprint_row objects one footprint row
Fields:
price (series float) : row price
buy_vol (series float) : buy volume
sell_vol (series float) : sell volume
imbalance_buy (series bool) : attribute buy inbalance
imbalance_sell (series bool) : attribute sell imbalance
buy_vol_box (series box) : for ptinting buy volume
sell_vol_box (series box) : for printing sell volume
buy_vp_box (series box) : for ptinting volume profile buy
sell_vp_box (series box) : for ptinting volume profile sell
row_line (series label) : for ptinting row price
empty (series bool) : = true attribute row with zero volume buy and zero volume sell
Imbalance_line_var_object
Imbalance_line_var_object var objects printing and calculation imbalance line
Fields:
cum_buy_line (array) : line array for saving all history buy imbalance line
cum_sell_line (array) : line array for saving all history sell imbalance line
Imbalance_line
Imbalance_line objects printing and calculation imbalance line
Fields:
buy_price_line (array) : float array for saving buy imbalance price level
sell_price_line (array) : float array for saving sell imbalance price level
var_imba_line (Imbalance_line_var_object) : var objects this type
Footprint_bar
Footprint_bar all objects one bar with footprint
Fields:
foot_rows (array) : objects one row footprint
imba_line (Imbalance_line) : objects imbalance line
row_size (series float) : size rows
total_vol (series float) : total volume one footprint bar
foot_buy_vol (series float) : buy volume one footprint bar
foot_sell_vol (series float) : sell volume one footprint bar
foot_max_price_vol (map) : map with one value - price row with max volume buy + sell
calc_data (Calculation_data) : objects with detail data from calculation resolution
Support_objects
Support_objects support object for footprint calculation
Fields:
consts (Constants) : all consts objects
inp (Inputs) : all input objects
bar_index_show_condition (series bool) : calculation bool value for show all objects footprint
row_line_color (series color) : calculation value - color for row price
dop_info (series string)
show_table_cond (series bool)
footprint_typeLibrary "footprint_type"
Contains all types for calculating and rendering footprints
Inputs
Inputs objects
Fields:
inbalance_percent (series int) : percentage coefficient to determine the Imbalance of price levels
stacked_input (series int) : minimum number of consecutive Imbalance levels required to draw extended lines
show_summary_footprint (series bool) : bool input for show summary footprint
procent_volume_area (series int) : definition size Value area
show_vah (series bool) : bool input for show VAH
show_poc (series bool) : bool input for show POC
show_val (series bool) : bool input for show VAL
color_vah (series color) : color VAH line
color_poc (series color) : color POC line
color_val (series color) : color VAL line
show_volume_profile (series bool)
new_imbalance_cond (series bool) : bool input for setup alert on new imbalance buy and sell
new_imbalance_line_cond (series bool) : bool input for setup alert on new imbalance line buy and sell
stop_past_imbalance_line_cond (series bool) : bool input for setup alert on stop past imbalance line buy and sell
Constants
Constants all Constants objects
Fields:
imbalance_high_char (series string) : char for printing buy imbalance
imbalance_low_char (series string) : char for printing sell imbalance
color_title_sell (series color) : color for footprint sell
color_title_buy (series color) : color for footprint buy
color_line_sell (series color) : color for sell line
color_line_buy (series color) : color for buy line
color_title_none (series color) : color None
Calculation_data
Calculation_data data for calculating
Fields:
detail_open (array) : array open from calculation timeframe
detail_high (array) : array high from calculation timeframe
detail_low (array) : array low from calculation timeframe
detail_close (array) : array close from calculation timeframe
detail_vol (array) : array volume from calculation timeframe
previos_detail_close (array) : array close from calculation timeframe
isBuyVolume (series bool) : attribute previosly bar buy or sell
Footprint_row
Footprint_row objects one footprint row
Fields:
price (series float) : row price
buy_vol (series float) : buy volume
sell_vol (series float) : sell volume
imbalance_buy (series bool) : attribute buy inbalance
imbalance_sell (series bool) : attribute sell imbalance
buy_vol_box (series box) : for ptinting buy volume
sell_vol_box (series box) : for printing sell volume
buy_vp_box (series box) : for ptinting volume profile buy
sell_vp_box (series box) : for ptinting volume profile sell
row_line (series label) : for ptinting row price
empty (series bool) : = true attribute row with zero volume buy and zero volume sell
Value_area
Value_area objects for calculating and printing Value area
Fields:
vah_price (series float) : VAH price
poc_price (series float) : POC price
val_price (series float) : VAL price
vah_label (series label) : label for VAH
poc_label (series label) : label for POC
val_label (series label) : label for VAL
vah_line (series line) : line for VAH
poc_level (series line) : line for POC
val_line (series line) : line for VAL
Imbalance_line_var_object
Imbalance_line_var_object var objects printing and calculation imbalance line
Fields:
cum_buy_line (array) : line array for saving all history buy imbalance line
cum_sell_line (array) : line array for saving all history sell imbalance line
Imbalance_line
Imbalance_line objects printing and calculation imbalance line
Fields:
buy_price_line (array) : float array for saving buy imbalance price level
sell_price_line (array) : float array for saving sell imbalance price level
var_imba_line (Imbalance_line_var_object) : var objects this type
Footprint_info_var_object
Footprint_info_var_object var objects for info printing
Fields:
cum_delta (series float) : var delta volume
cum_total (series float) : var total volume
cum_buy_vol (series float) : var buy volume
cum_sell_vol (series float) : var sell volume
cum_info (series table) : table for ptinting
Footprint_info
Footprint_info objects for info printing
Fields:
var_info (Footprint_info_var_object) : var objects this type
total (series label) : total volume
delta (series label) : delta volume
summary_label (series label) : label for ptinting
Footprint_bar
Footprint_bar all objects one bar with footprint
Fields:
foot_rows (array) : objects one row footprint
val_area (Value_area) : objects Value area
imba_line (Imbalance_line) : objects imbalance line
info (Footprint_info) : objects info - table,label and their variable
row_size (series float) : size rows
total_vol (series float) : total volume one footprint bar
foot_buy_vol (series float) : buy volume one footprint bar
foot_sell_vol (series float) : sell volume one footprint bar
foot_max_price_vol (map) : map with one value - price row with max volume buy + sell
calc_data (Calculation_data) : objects with detail data from calculation resolution
Support_objects
Support_objects support object for footprint calculation
Fields:
consts (Constants) : all consts objects
inp (Inputs) : all input objects
bar_index_show_condition (series bool) : calculation bool value for show all objects footprint
row_line_color (series color) : calculation value - color for row price
IU Smart Flow SystemDESCRIPTION
The IU Smart Flow System is a powerful and dynamic order flow-based strategy designed to capture high-probability trades by analyzing bullish and bearish imbalances, trend direction, and RSI strength. It identifies trading opportunities by aligning order flow conditions with the prevailing trend and momentum, making it suitable for trend-following and momentum-based trading.
This system utilizes a unique combination of:
- Order flow score to gauge market imbalance
- Trend filter using SMA and ATR to confirm market direction
- RSI to ensure entry only during strong momentum
USER INPUTS:
- Imbalance Length: Defines the lookback period for calculating bullish and bearish imbalances. (Default: 10)
- Trend Length: Determines the length of the SMA to evaluate the trend direction. (Default: 50)
- RSI Length: Specifies the RSI period to assess momentum strength. (Default: 14)
LONG CONDITIONS:
Long entries are triggered when:
- Order flow score is positive, indicating bullish imbalance
- Price is above the bullish trend level (SMA + ATR), confirming an uptrend
- RSI is above 50, indicating bullish momentum
- No active short position is currently open
SHORT CONDITIONS:
Short entries are triggered when:
- Order flow score is negative, indicating bearish imbalance
- Price is below the bearish trend level (SMA - ATR), confirming a downtrend
- RSI is below 50, indicating bearish momentum
- No active long position is currently open
WHY IT IS UNIQUE:
- Imbalance-Based Approach: Unlike traditional strategies that rely solely on price action, this system evaluates bullish and bearish imbalances to anticipate order flow direction.
- Adaptive Trend Filter: The combination of SMA and ATR dynamically adjusts to market volatility, providing a reliable trend confirmation mechanism.
- Momentum Validation with RSI: Ensures that entries are taken only in the direction of strong momentum, reducing false signals.
HOW USERS CAN BENEFIT FROM IT:
- Enhanced Trade Accuracy: Aligning order flow, trend, and momentum reduces false signals and improves trade success rates.
- Versatile Application: Suitable for various markets and timeframes, making it adaptable to different trading styles.
- Clear Trade Signals: Provides clear entry labels and alerts, ensuring traders never miss a potential opportunity.
- Visual Clarity: The filled region between bullish and bearish trends highlights trend direction, enhancing decision-making.
[TehThomas] - Fair Value GapsThis script is designed to automatically detect and visualize Fair Value Gaps (FVGs) on your chart in a clean, intuitive, and highly responsive way. It’s built with active traders in mind, offering both dynamic updates and customization options that help you stay focused on price action without being distracted by outdated or irrelevant information.
What Are Fair Value Gaps?
Fair Value Gaps are areas on a chart where there’s an inefficiency in price, typically formed when price moves aggressively in one direction, leaving a gap between the wicks of consecutive candles. These gaps represent imbalanced price action where not all buy or sell orders were efficiently matched. As a result, they often become magnet zones where price returns later to "fill" the imbalance before continuing in its intended direction. Many traders use them as points of interest for entries, re-entries, or anticipating reversals and consolidations.
This concept is frequently used in Smart Money and ICT-based trading models, where understanding how price seeks efficiency is crucial to anticipating future moves. When combined with concepts like liquidity, displacement, and market structure, FVGs become powerful tools for technical decision-making.
Script Features & Functionality
1. Live Updating Gaps (Dynamic Shrinking)
One of the core features of this script is its ability to track and dynamically shrink Fair Value Gaps as price trades into them. Instead of leaving a static zone on your chart, the gap will adjust in real-time, reflecting the portion that has been filled. This gives you a much more accurate picture of remaining imbalance and avoids misleading zones.
2. Automatic Cleanup After Fill
Once price fully fills an FVG, the script automatically removes it from the chart. This helps keep your workspace clean and focused only on relevant price zones. There’s no need to manually manage your gaps, everything is handled behind the scenes to reduce clutter and distraction.
3. Static Mode Option
While dynamic updating is the default, some traders may prefer to keep the original size of the gap visible even after partial fills. For that reason, the script includes a toggle to switch from live-updating (shrinking) mode to static mode. In static mode, FVGs stay fixed from the moment they are drawn, giving you a more traditional visual reference point.
4. Multi-Timeframe Support (MTF)
You can now view higher timeframe FVGs, such as those from the 1H or 4H chart, while analyzing lower timeframes like the 5-minute. This allows you to see key imbalances from broader market context without having to flip between charts. FVGs from higher timeframes will be drawn distinctly so you can differentiate them at a glance.
5. Cleaner Visualization
The script is designed with clarity in mind. All drawings are streamlined, and filled gaps are removed to maintain a minimal, distraction-free chart. This makes it easier to combine this tool with other indicators or price-action-based strategies without overloading your workspace.
6. Suitable for All Market Types
This script can be used on any asset that displays candlestick-based price action — including crypto, forex, indices, and stocks. Whether you're scalping low-timeframe setups or swing trading with a higher timeframe bias, FVGs remain a useful concept and this script adapts to your trading style.
Use Case Examples
On a 5-minute chart, display 1-hour FVGs to catch major imbalance zones during intraday trading.
Combine the FVGs with liquidity levels and inducement patterns to build ICT-style trade setups.
Use live-updating gaps to monitor in-progress fills and evaluate whether a zone still holds validity.
Set the script to static mode to perform backtesting or visual replay with historical setups.
Final Notes
Fair Value Gaps are not a standalone trading signal, but when used with market structure, liquidity, displacement, and order flow concepts, they provide high-probability trade locations that align with institutional-style trading models. This script simplifies the visualization of those zones so you can react faster, stay focused on clean setups, and eliminate unnecessary distractions.
Whether you’re trading high volatility breakouts or patiently waiting for retracements into unfilled imbalances, this tool is designed to support your edge with precision and flexibility.
Multitimeframe Fair Value Gap – FVG (Zeiierman)█ Overview
The Multitimeframe Fair Value Gap – FVG (Zeiierman) indicator provides a dynamic and customizable visualization of institutional imbalances (Fair Value Gaps) across multiple timeframes. Built for traders who seek to analyze price inefficiencies, this tool helps highlight potential entry points, unmitigated gaps, and directional bias using smart volume logic and adaptive visual elements.
A Fair Value Gap (FVG) forms when there's a three-candle sequence in which a market imbalance leaves a "gap" between the wicks of candle 1 and candle 3. These areas are often considered footprints of institutional activity, and this indicator gives you the tools to track them with surgical precision across any timeframe you choose—regardless of the one you're viewing.
This indicator also includes a trend filter powered by a low-pass Butterworth filter, enabling traders to distinguish between countertrend vs. trend-aligned FVGs for more intelligent decision-making. On top of that, it features a dynamic FVG table for live tracking and bull/bear volume power visualization inside each gap, adding powerful clarity to market intent.
█ How It Works
The indicator analyzes the open, high, low, close, and volume of candles from a user-selected timeframe. It identifies Fair Value Gaps based on wick logic and only confirms those that meet customizable strength criteria. Once detected, the indicator visualizes each FVG with dynamically extending boxes, optional buy/sell volume bars, and a real-time mitigation check.
⚪ Multitimeframe Logic
Users can analyze FVGs from a higher or lower timeframe regardless of their current chart.
This is achieved using request.security() to fetch OHLCV data from the chosen timeframe.
⚪ Wick Sensitivity & Impulse Filter
The script measures the wick size of potential FVG candles and compares them to a running average. Only FVGs with wick sizes above a certain sensitivity threshold (user-controlled) are plotted. This ensures only meaningful price dislocations (e.g., strong impulsive moves) are shown, reducing noise.
⚪ Midpoint Mitigation Logic
FVGs are marked as "mitigated" when the price revisits the gap area. Traders can choose whether full gap closure or just a midpoint touch is required. This allows faster reactivity in real-time trading environments.
⚪ Bull & Bear Power – Volume-Weighted Visualization
Every Fair Value Gap box includes sub-bars representing the estimated buy and sell effort that created the gap. These are calculated using the candle's close in relation to its high/low range and volume:
Buy Volume % ≈ effort from low to close
Sell Volume % ≈ effort from high to close
Each sub-bar inside the FVG:
Is color-coded (UpCol for bullish, DnCol for bearish)
Is drawn proportionally to the strength of buyers or sellers
Visually displays who was in control during the imbalance
⚪ FVG Table – Dynamic On-Chart Overview
The indicator includes an optional on-chart table that displays all currently active (unmitigated) FVGs in a side panel format:
Automatic updates as gaps are formed and mitigated
Color-coded rows to show bullish vs. bearish FVGs
Timestamps to know precisely when the gap formed
User-controlled position via Table Left and Table Right
This is a gap watchlist overlay, giving traders a concise view of current inefficiencies without manually scanning the chart.
⚪ FVG Trend Filter (Butterworth Smoother)
Using a two-pole Butterworth low-pass filter, the indicator computes a trendline based on average FVG values, offering a smooth but responsive directional signal.
Passband Ripple (dB): Controls sensitivity and overshoot tolerance
Cutoff Frequency (0–0.5): Sets how quickly the trendline reacts
The trendline helps categorize each FVG:
Trend up → favor bullish FVGs
Trend down → favor bearish FVGs
It adds an extra dimension to FVG entries, helping distinguish between trend-aligned and countertrend signals.
█ How to Use
⚪ Identify Institutional Gaps
Use this tool to identify areas where institutions may have left imbalances behind quickly.
These areas often become:
Strong support/resistance zones
Areas where price might react sharply
Targets for liquidity sweeps or retracements
⚪ React to Trend or Countertrend
The built-in trendline helps categorize each FVG:
Trend up → Bullish FVGs have higher validity
Trend down → Bearish FVGs have higher validity
⚪ Volume Context via Bull/Bear Power
Each Fair Value Gap is more than just a price imbalance — it’s a story of effort and intent. The Bull/Bear Power feature visualizes the buy and sell pressure behind each FVG, helping you understand how the gap was formed and who was in control.
A bullish FVG with a strong buy effort suggests continuation potential — buyers dominated the move.
A bullish FVG with a dominant sell effort could signal a trap or reversal — sellers may have overwhelmed the breakout.
These insights allow you to confirm imbalance strength, spot traps early, and add confidence to entries based on dominant volume profiles.
Instead of viewing gaps as static zones, this feature turns each into a live volume map — a visual breakdown of who moved the market and whether that move had conviction.
⚪ Plan with the FVG Table
The FVG Table acts as your on-chart control center for tracking active imbalances. When enabled, it provides a clear summary of all unmitigated Fair Value Gaps, helping you stay organized and focused during fast-moving sessions.
Track live and historical gaps: See exactly when and where each FVG formed.
Monitor older, still-valid zones: Gaps off-screen but not mitigated remain in play — perfect for anticipating future reactions.
Gauge market bias at a glance: The balance of bullish vs. bearish FVGs helps you understand overall directional pressure.
Plan entries confidently: Use the table to reference all zones for risk management, confluence stacking, or layered execution strategies.
Instead of manually scanning your chart, the FVG Table offers a clean, at-a-glance overview of the market’s inefficiencies — giving you the structure needed to act with precision.
█ Settings
FVG Timeframe
Select any timeframe to source FVGs independent of your current chart.
Sensitivity
Filter FVGs by how impulsive the move is — it helps you eliminate weak gaps.
Mitigated on Mid
Control whether gaps are removed at midpoint touch or full fill.
Table Settings
Control the table position and width. Cleanly view all active FVGs.
FVG Style
Customize gap box colors, length, and bullish/bearish overlays.
Trend Filter
Enable or disable the smoothed FVG-based trendline with customizable smoothing controls.
-----------------
Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
ICT Institutional Order Flow (fadi)ICT Institutional Order Flow indicator is intended to provide wholistic view to better analyze order flow and where price may go to next. The concept follows ICT principles.
ICT Market Structure
ICT breaks down Pivot points into three categories:
Short Term High/Low (STH/STL) is a 3 candle pattern with a low with higher low on each side (STL), or a high with lower high on each side (STH)
Intermediate Term High/Low (ITH/ITL) uses the calculated STH/STL and marks any STH that has lower or STH on each side, and STL that has higher STL on each side
Long Term High/Low (LTH/LTL) uses the calculated ITH/ITL and marks any ITH that has lower or ITH on each side, and ITL that has higher ITL on each side
Note: ICT also states that if a STH wicks into and closes (almost?) a FVG, he marks it as ITH even if it does not have STH on reach side. This scenario is not covered by this indicator
Liquidity
liquidity is usually present under pivot points. The more prominent the pivot point, the more likely higher values liquidity pools reside under/above it. Liquidity under ITL and LTL as an example, will have better indication of which liquidity the price may seek next.
Displacement
Displacement registers above average move in the price resulting in strong visible move. If requiring a FVG is enabled (in settings), then the displacement could possibly (but never guaranteed) be used to visually recognize a move as it develops.
Full Credit: The calculation for Displacement is derived from TFO's Visualizing Displacement
Imbalances
Imbalances can come in different forms. This indicator identifies three type of imbalances:
1. FVG
2. Volume Imbalance
3. Open Gaps
Imbalances completes the picture by help visualize strong moves, where possible pivot points may develop, and how to enter or manage a trade.
Realtime FootprintThe purpose of this script is to gain a better understanding of the order flow by the footprint. To that end, i have added unusual features in addition to the standard features.
I use "Real Time 5D Profile by LucF" main engine to create basic footprint(profile type) and added some popular features and my favorites.
This script can only be used in realtime, because tradingview doesn't provide historical Bid/Ask date.
Bid/Ask date used this script are up/down ticks.
This script can only be used by time based chart (1m, 5m , 60m and daily etc)
This script use many labels and these are limited max 500, so you can't display many bars.
If you want to display foot print bars longer, turn off the unused sub-display function.
Default setting is footprint is 25 labels, IB count is 1, COT high and Ratio high is 1, COT low and Ratio low is 1 and Delta Box Ratio Volume is 1 , total 29.
plus UA , IB stripes , ladder fading mark use several labels.
///////// General Setting ///////////
Resets on Volume / Range bar
: If you want to use simple time based Resets on, please set Total Volume is 0.
Your timeframe is always the first condition. So if you set Total Volume is 1000, both conditions(Volume >= 1000 and your timeframe start next bar) must be met. (that is, new footprint bar doesn't start at when total volume = exactly 1000).
Ticks per row and Maximum row of Bar
: 1 is minimum size(tick). "Maximum row of Bar" decide the number of rows used in one footprint. 1 row is created from 1 label, so you need to reduce this number to display many footprints (Max label is 500).
Volume Filter and For Calculation and Display
: "Volume Filter" decide minimum size of using volume for this script.
"For Calculation and Display" is used to convert volume to an integer.
This script only use integer to make profile look better (I contained Bid number and Ask number in one row( one label) to saving labels. This require to make no difference in width by the number of digits and this script corresponds integers from 0 to 3 digits).
ex) Symbol average volume size is from 0.0001 to 0.001. You decide only use Volume >= 0.0005 by "Volume Filter".
Next, you convert volume to integer, by setting "For Calculation and Display" is 1000 (0.0005 * 1000 = 5).
If 0.00052 → 5.2 → 5, 0.00058 → 5.8 → 6 (Decimal numbers are rounded off)
This integer is used to all calculation in this script.
//////// Main Display ///////
Footprint, Total, Row Delta, Diagonal Delta and Profile
: "Footprint" display Ask and Bid per row. "Total" display Ask + Bid per row.
"Row Delta" display Ask - Bid per row. "Diagonal Delta" display Ask(row N) - Bid(row N -1) per row.
Profile display Total Volume(Ask + Bid) per row by using Block. Profile Block coloring are decided by Row Delta value(default: positive Row Delta (Ask > Bid) is greenish colors and negative Row Delta (Ask < Bid) is reddish colors.)
Volume per Profile Block, Row Imbalance Ratio and Delta Bull/Bear/Neutral Colors
: "Volume per Profile Block" decide one block contain how many total volume.
ex) When you set 20, Total volume 70 display 3 block.
The maximum number of blocks that can be used per low is 20.
So if you set 20, Total volume 400 is 20 blocks. total volume 800 is 20 blocks too.
"Row Imbalance Ratio" decide block coloring. The row imbalance is that the difference between Ask and Bid (row delta) is large.
default is x3, x2 and x1. The larger the difference, the brighter the color.
ex) Ask 30 Bid 10 is light green. Ask 20 Bid 10 is green. Ask 11 Bid 10 is dark green.
Ask 0 Bid 1 is light red. Ask 1 Bid 2 is red. ask 30 Bid 59 is dark green.
Ask 10 Bid 10 is neutral color(gray)
profile coloring is reflected same row's other elements(Ask, Bid, Total and Delta) too.
It's because one label can only use one text color.
/////// Sub Display ///////
Delta, total and Commitment of Traders
: "Delta" is total Ask - total Bid in one footprint bar. Total is total Ask + total Bid in one footprint bar.
"Commitment of traders" is variation of "Delta". COT High is reset to 0 when current highest is touched. COT Low is opposite.
Basic concept of Delta is to compare price with Delta. Ordinary, when price move up, delta is positive. Price move down is negative delta.
This is because market orders move price and market orders are counted by Delta (although this description is not exactly correct).
But, sometimes prices do not move even though many market orders are putting pressure on price , or conversely, price move strongly without many market orders.
This is key point. Big player absorb market orders by iceberg order(Subdivide large orders and pretend to be small limit orders.
Small limit orders look weak in the order book, but they are added each time you fill, so they are more powerful than they look.), so price don't move.
On the other hand, when the price is moving easily, smart players may be aiming to attract and counterattack to a better price for them.
It's more of a sport than science, and there's always no right response. Pay attention to the relationship between price, volume and delta.
ex) If COT Low is large negative value, it means many sell market orders is coming, but iceberg order is absorbing their attack at limit order.
you should not do buy entry, only this clue. but this is one of the hints.
"Delta, Box Ratio and Total texts is contained same label and its color are "Delta" coloring. Positive Delta is Delta Bull color(green),Negative Delta is Delta Bear Color
and Delta = 0 is Neutral Color(gray). When Delta direction and price direction are opposite is Delta Divergence Color(yellow).
I didn't add the cumulative volume delta because I prefer to display the CVD line on the price chart rather than the number.
Box Ratio , Box Ratio Divisor and Heavy Box Ratio Ratio
: This is not ordinary footprint features, but I like this concept so I added.
Box Ratio by Richard W. Arms is simple but useful tool. calculation is "total volume (one bar) divided by Bar range (highest - lowest)."
When Bull and bear are fighting fiercely this number become large, and then important price move happen.
I made average BR from something like 5 SMA and if current BR exceeds average BR x (Heavy Box Ratio Ratio), BR box mark will be filled.
Box Ratio Divisor is used to good looking display(BR multiplied by Box Ratio Divisor is rounded off and displayed as an integer)
Diagonal Imbalance Count , D IB Mark and D IB Stripes
: Diagonal Imbalance is defined by "Diagonal Imbalance Ratio".
ex) You set 2. When Ask(row N) 30 Bid(row N -1)10, it's 30 > 10*2, so positive Diagonal Imbalance.
When Ask(row N) 4 Bid(row N -1)9, it's 4*2 < 9, so negative Diagonal Imbalance.
This calculation does not use equals to avoid Ask(row N) 0 Bid(row N -1)0 became Diagonal Imbalance.
Ask(row N) 0 Bid(row N -1)0, it's 0 = 0*2, not Diagonal Imbalance. Ask(row N) 10 Bid(row N -1)5, it's 10 = 5*2, not Diagonal Imbalance.
"D IB Mark" emphasize Ask or Bid number which is dominant side(Winner of Diagonal Imbalance calculation), by under line.
"Diagonal Imbalance Count" compare Ask side D IB Mark to Bid side D IB Mark in one footprint.
Coloring depend on which is more aggressive side (it has many IB Mark) and When Aggressive direction and price direction are opposite is Delta Divergence Color(yellow).
"D IB Stripes" is a function that further emphasizes with an arrow Mark, when a DIB mark is added on the same side for three consecutive row. Three consecutive arrow is added at third row.
Unfinished Auction, Ratio Bounds and Ladder fading Mark
: "Unfinished Auction" emphasize highest or lowest row which has both Ask and Bid, by Delta Divergence Color(yellow) XXXXXX mark.
Unfinished Auction sometimes has magnet effect, price may touch and breakout at UA side in the future.
This concept is famous as profit taking target than entry decision.
But, I'm interested in the case that Big player make fake breakout at UA side and trapped retail traders, and then do reversal with retail traders stop-loss hunt.
Anyway, it's not stand alone signal.
"Ratio Bounds" gauge decrease of pressure at extreme price. Ratio Bounds High is number which second highest ask is divided by highest ask.
Ratio Bounds Low is number which second lowest bid is divided by lowest bid. The larger the number, the less momentum the price has.
ex)first footprint bar has Ratio Bounds Low 2, second footprint bar has RBL 4, third footprint bar has RBL 20.
This indicates that the bear's power is gradually diminishing.
"Ladder fading mark" emphasizes the decrease of the value in 3 consecutive row at extreme price. I added two type Marks.
Ask/Bid type(triangle Mark) is Ask/Bid values are decreasing of three consecutive row at extreme price.
Row Imbalance type(Diamond Mark) are row Imbalance values are decreasing of three consecutive row at extreme price.
ex)Third lowest Bid 40, second lowest Bid 10 and lowest Bid 5 have triangle up Mark. That is bear's power is gradually diminishing.
(This Mark only check Bid value at lowest price and Ask value at highest price).
Third highest row delta + 60, second highest row delta + 5, highest delta - 20 have diamond Mark. That is Bull's power is gradually diminishing.
Sub display use Delta colors at bottom of Sub display section.
////// Candle & POC /////////
candle and POC
: Ordinary, "POC" Point of Control is row of largest total volume, but this script'POC is volume weighted average.
This is because the regular POC was visually displayed by the profile ,and I was influenced LucF's ideas.
POC coloring is decided in relation to the previous POC. When current POC is higher than previous POC, color is UP Bar Color(green).
In the opposite case, Down Bar color is used.
POC Divergence Color is used when Current POC is up but current bar close is lower than open (Down price Bar),or in the opposite case.
POC coloring has option also highlight background by Delta Divergence Color(yellow). but bg color is displayed at your time frame current price bar not current footprint bar.
The basic explanation is over.
I add some image to promote understanding basic ideas.
Market Push Meter - CoffeeStyleMarket Push Meter - CoffeeKiller Indicator Guide
Welcome traders! This guide will walk you through the Market Push Meter indicator, a sophisticated volume analysis tool developed by CoffeeKiller with the help and assistance of FindBetterTrades that measures and visualizes the ongoing battle between buyers and sellers through volume pressure analysis.
🔔 **Warning: This Is Not a Standard Volume Indicator** 🔔 This indicator analyzes volume pressure in a unique way, combining directional volume with price action to identify market imbalances between buyers and sellers. All credit for the core logic for this indicator goes to FindBetterTrades and his/hers Volume Pressure Histogram (Normalized) (this is my adaptation and style added to that core logic, thus the CoffeeStyle name was added).
Core Concept: Volume Pressure Analysis
The foundation of this indicator lies in measuring the imbalance between buying and selling volume, providing insights into which market participants are exerting more pressure on price movements.
Volume Pressure Columns: Buying vs Selling Force
- Positive Green Columns: Net buying pressure
- Negative Red Columns: Net selling pressure
- Color intensity varies based on pressure strength
- Special coloring for new high/low boundaries
Marker Lines: Dynamic Support/Resistance
- High Marker Line (Magenta): Tracks the highest point reached during buying phases
- Low Marker Line (Cyan): Tracks the lowest point reached during selling phases
- Creates visual boundaries showing pressure extremes
Peak Detection System:
- Triangular markers identify significant local maxima and minima
- Background highlighting shows important pressure peaks
- Helps identify potential reversal points and pressure exhaustion
Reference Lines:
- Overbought Level: Threshold for extreme selling pressure
- Oversold Level: Threshold for extreme buying pressure
- Used to identify potential reversal zones
Core Components
1. Volume Pressure Calculation
- Separation of up-volume and down-volume
- Calculation of net volume pressure
- Smoothing for consistent visualization
- Normalization against total volume for percentage scaling
2. Boundary Tracking System
- Automatic detection of highest values in buying phases
- Automatic detection of lowest values in selling phases
- Step-line visualization of boundaries
- Color-coded for easy identification
3. Peak Detection System
- Identification of local maxima and minima
- Background highlighting of significant peaks
- Triangle markers for peak visualization
- Zero-line cross detection for trend changes
4. Threshold Settings
- Extreme threshold multiplier for identifying significant pressure
- Overbought/oversold levels for potential reversals
- Dynamic color coding based on pressure intensity
- Alert conditions for key pressure levels
Main Features
Volume Analysis Settings
- Customizable volume MA length
- Signal smoothing for clearer readings
- Optional log scale for handling wide range variations
- Adjustable threshold multiplier for sensitivity
Visual Elements
- Color-coded columns showing pressure direction and strength
- Dynamic marker lines for pressure boundaries
- Peak triangles for significant turning points
- Background highlighting for peak identification
- Overbought/oversold reference lines
Signal Generation
- Zero-line crosses for trend change signals
- Boundary breaks for pressure strength
- Peak formation for potential reversals
- Color changes for pressure direction and intensity
- Alert conditions for extreme pressure levels
Customization Options
- Volume analysis parameters
- Marker line visibility and colors
- Peak marker display options
- Log scale toggle for handling various markets
- Overbought/oversold threshold adjustments
Trading Applications
1. Trend Identification
- Volume pressure crossing above zero: buying pressure emerging
- Volume pressure crossing below zero: selling pressure emerging
- Column color: indicates pressure direction
- Column height: indicates pressure strength
- Signal line: confirms overall trend direction
2. Reversal Detection
- Peak triangles after extended trend: potential exhaustion
- Background highlighting: significant reversal points
- Volume pressure approaching marker lines: potential trend change
- Color shifts from bright to muted: decreasing pressure
- Readings beyond overbought/oversold levels: potential reversal zones
3. Pressure Analysis
- Breaking above previous high boundary: accelerating buying pressure
- Breaking below previous low boundary: accelerating selling pressure
- Special coloring (magenta/cyan): boundary breaks indicating strength
- Extreme readings: potential climactic buying/selling
4. Market Structure Assessment
- Consecutive higher peaks: strengthening buying structure
- Consecutive lower troughs: strengthening selling structure
- Peak comparisons: relative strength of pressure phases
- Boundary line steps: market structure levels
Optimization Guide
1. Volume Analysis Settings
- Volume MA Length: Default 25 provides balanced signals
- Lower values (10-15): More responsive, potentially noisier
- Higher values (30-50): Smoother, fewer false signals
- Signal Smoothing Length: Default 8 provides good balance
- Lower values: More responsive to pressure changes
- Higher values: Smoother trend identification
2. Threshold Settings
- Extreme Threshold Multiplier: Default 20.0
- Lower values: More signals, potentially more noise
- Higher values: Fewer signals, but more significant
- Overbought/Oversold Levels: Defaults at 20/-20
- Adjust based on instrument volatility
- Wider settings for more volatile instruments
3. Visual Customization
- Marker Line Colors: Adjust for visibility on your chart
- Peak Marker Color: Default yellow provides good contrast
- Enable/disable background highlights based on preference
- Consider log scale for instruments with wide volume ranges
4. Alert Settings
- Configure alerts for high buying pressure
- Configure alerts for high selling pressure
- Set additional alerts for zero-line crosses
- Consider timeframe when setting alert sensitivity
Best Practices
1. Signal Confirmation
- Wait for zero-line crosses to confirm pressure changes
- Look for peak formations to identify potential reversals
- Check for boundary breaks to confirm strong pressure
- Use with price action for entry/exit precision
- Consider extreme threshold crossings as significant signals
2. Timeframe Selection
- Lower timeframes: more signals, potential noise
- Higher timeframes: cleaner signals, less frequent
- Multiple timeframes: confirm signals across time horizons
- Match to your trading style and holding period
3. Market Context
- Strong buying phase: positive columns breaking above marker line
- Strong selling phase: negative columns breaking below marker line
- Columns approaching zero: potential pressure shift
- Columns beyond overbought/oversold: extreme conditions, potential reversal
4. Combining with Other Indicators
- Use with trend indicators for confirmation
- Pair with price action oscillators for divergence detection
- Combine with traditional volume indicators for validation
- Consider support/resistance levels with boundary lines
Advanced Trading Strategies
1. Boundary Break Strategy
- Enter long when volume pressure breaks above previous high marker line
- Enter short when volume pressure breaks below previous low marker line
- Use zero-line as initial stop-loss reference
- Take profits at formation of opposing peaks
2. Peak Trading Strategy
- Identify significant peaks with triangular markers
- Look for consecutive lower peaks in buying phases for shorting opportunities
- Look for consecutive higher troughs in selling phases for buying opportunities
- Use zero-line crosses as confirmation
3. Extreme Reading Strategy
- Look for volume pressure beyond overbought/oversold levels
- Watch for color changes and peak formations
- Enter counter-trend positions after confirmed peaks
- Use tight stops due to extreme market conditions
4. Volume Color Strategy
- Enter long when columns turn bright green (increasing buying pressure)
- Enter short when columns turn bright red (increasing selling pressure)
- Exit when color intensity fades (decreasing pressure)
- Use marker lines as dynamic support/resistance
Practical Analysis Examples
Bullish Market Scenario
- Volume pressure crosses above zero line
- Green columns grow in height and intensity
- High marker line forms steps upward
- Peak triangles appear at local maxima
- Background highlights appear at significant buying pressure peaks
Bearish Market Scenario
- Volume pressure crosses below zero line
- Red columns grow in depth and intensity
- Low marker line forms steps downward
- Peak triangles appear at local minima
- Background highlights appear at significant selling pressure troughs
Consolidation Scenario
- Volume pressure oscillates around zero line
- Column colors alternate frequently
- Marker lines remain relatively flat
- Few or no new peak highlights appear
- Pressure values remain small
Understanding Market Dynamics Through Market Push Meter
At its core, this indicator provides a unique lens to visualize market pressure through volume analysis:
1. Volume Imbalance: By separating and comparing buying volume (up candles) from selling volume (down candles), the indicator provides insights into which side is exerting more pressure in the market.
2. Normalized Pressure: The indicator normalizes volume pressure as a percentage of total volume, making it more comparable across different market conditions and instruments.
3. Dynamic Boundaries: The marker lines create a visual representation of the "high water marks" of pressure in both directions, helping to identify when markets are making new pressure extremes.
4. Exhaustion Signals: The peak detection system highlights moments where pressure has reached a local maximum or minimum, often precursors to reversals or consolidations.
Remember:
- Combine signals from volume pressure, marker lines, and peak formations
- Use appropriate timeframe settings for your trading style
- Customize the indicator to match your visual preferences and market
- Consider overall market conditions and correlate with price action
This indicator works best when:
- Used as part of a comprehensive trading system
- Combined with proper risk management
- Applied with an understanding of current market conditions
- Signals are confirmed by price action and other indicators
DISCLAIMER: This indicator and its signals are intended solely for educational and informational purposes. They do not constitute financial advice. Trading involves significant risk of loss. Always conduct your own analysis and consult with financial professionals before making trading decisions.
Magic VIBs V1Introducing the "Magic Vib Indicator" V1 Adeed more extention so it works better on higher time frames, Plus a colour changer so now you can pick a colour for bullish and bearish
a powerful tool designed to identify and highlight unique market scenarios known as "magic volume imbalances." This indicator is specifically crafted to recognize specific candlestick patterns that have demonstrated a significant impact on price movements.
The Magic Vib Indicator is meticulously engineered to detect a particular pattern, which occurs when the high of the first candle aligns perfectly with the open of the subsequent candle, while simultaneously witnessing the close of the first candle matching the low of the second candle. These precise conditions generate what is commonly referred to as a "magic vib."
This indicator has been developed with the sole purpose of capturing these magical moments in the market. By systematically scanning and analyzing price data, it spots instances where these extraordinary price imbalances occur. Once identified, the indicator promptly marks these candles on your trading platform, providing clear visual cues for enhanced decision-making.
The Magic Vib Indicator acts as a catalyst for traders and investors, as it has proven to be a reliable precursor to significant price reactions. These marked candles act as potent signals, suggesting an impending shift in market sentiment and a high probability of substantial price movement. The resulting price action often sees significant volatility, making it an enticing opportunity for those seeking substantial gains.
However, it's important to note that while the Magic Vib Indicator offers valuable guidance, it should not be the sole basis for trading decisions. It is crucial to incorporate other technical and fundamental analysis tools, risk management strategies, and market awareness to achieve consistent success.
In summary, the Magic Vib Indicator represents a breakthrough in technical analysis, specifically tailored to identify and mark candles exhibiting the remarkable characteristics of a "magic volume imbalance." By harnessing the power of this indicator, traders can anticipate substantial price reactions, allowing them to seize opportunities and maximize their trading outcomes.
Sweep Candle [odnac]
ATR Imbalance Detection
This feature highlights candles that have a significantly larger range compared to the average true range (ATR).
How it works: A candle is considered imbalanced if its range (high - low) exceeds a specified multiple of the ATR (default multiplier is 1.5, with an ATR length of 5).
Visualization: Such candles are highlighted in yellow.
Engulfing Candle Detection
This feature detects bullish and bearish engulfing candles.
Types
Standard: Traditional engulfing pattern where the current candle fully "engulfs" the previous one.
Sweep: A variation where the candle engulfs the previous one and sweeps the previous low (for bullish) or high (for bearish).
Visualization:
Bullish engulfing patterns are marked with a green triangle below the candle.
Bearish engulfing patterns are marked with a red triangle above the candle.
Momentum Candle Detection
This feature identifies candles with strong upward or downward momentum compared to the previous candle.
Types
Standard: A basic momentum pattern where the current candle continues the price direction with strong momentum.
Sweep: A variation where the candle sweeps the previous low (for bullish) or high (for bearish).
Visualization:
Bullish momentum candles are marked with a green circle below the candle.
Bearish momentum candles are marked with a red circle above the candle.
Summary
This indicator helps traders identify significant market conditions such as imbalances, engulfing candles, and momentum patterns, making it a valuable tool for technical analysis and trend-following strategies.
The customizable settings provide flexibility to adapt the tool to different trading styles.
Fair Value Gap [UkutaLabs]█ OVERVIEW
Fair Value Gaps are price jumps caused by the imbalance buying and selling pressures in trading and are most commonly used amongst price action traders. Fair Value Gaps are formed via a three-candle sequence in which a large candle’s neighbouring candles’ upper and lower wicks do not fully overlap the large candle.
The Fair Value Gaps Indicator also supports Multi Time Frame Plotting, allowing you to plot the Fair Value Gaps from higher time frames onto lower time frame charts.
The Fair Value Gaps Indicator is a powerful trading toolkit that provides users with more information than they would typically have available to them by allowing them to configure several charts worth of information onto one single chart.
█ USAGE
The script automatically identifies imbalances between buying and selling pressure in the market in real time, offering traders valuable insight into current market sentiment. These gaps are considered to be levels where the supply and demand of a commodity are imbalanced, and the price tends to return to fill these gaps (But are not guaranteed to).
The Fair Value Gaps Indicator also allows gaps from higher time frames to be drawn on lower time frame charts, providing traders with more information than they would typically have access to to further simplify the decision making process.
█ SETTINGS
Configuration
• Show Labels: Determines whether labels that identify which time frame a FVG is calculated from.
• Max FVG Display: Determines the limit to the number of FVGs that can be drawn from all time frames. Set this value to 0 to remove this limit.
Current Time Frame
• Display: Determines whether or not FVGs from the current time frame will be drawn on the chart.
• Bullish Color: Determines the color of Bullish FVGs calculated from the current time frame.
• Bearish Color: Determines the color of Bearish FVGs calculated from the current time frame.
5 Minute (Higher Time Frame)
• Display: Determines whether or not FVGs from the 5 minute time frame will be drawn on the chart.
• Bullish Color: Determines the color of Bullish FVGs calculated from the 5 minute time frame.
• Bearish Color: Determines the color of Bearish FVGs calculated from the 5 minute time frame.
15 Minute (Higher Time Frame)
• Display: Determines whether or not FVGs from the 15 minute time frame will be drawn on the chart.
• Bullish Color: Determines the color of Bullish FVGs calculated from the 15 minute time frame.
• Bearish Color: Determines the color of Bearish FVGs calculated from the 15 minute time frame.
30 Minute (Higher Time Frame)
• Display: Determines whether or not FVGs from the 30 minute time frame will be drawn on the chart.
• Bullish Color: Determines the color of Bullish FVGs calculated from the 30 minute time frame.
• Bearish Color: Determines the color of Bearish FVGs calculated from the 30 minute time frame.
60 Minute (Higher Time Frame)
• Display: Determines whether or not FVGs from the 60 minute time frame will be drawn on the chart.
• Bullish Color: Determines the color of Bullish FVGs calculated from the 60 minute time frame.
• Bearish Color: Determines the color of Bearish FVGs calculated from the 60 minute time frame.
240 Minute (Higher Time Frame)
• Display: Determines whether or not FVGs from the 240 minute time frame will be drawn on the chart.
• Bullish Color: Determines the color of Bullish FVGs calculated from the 240 minute time frame.
• Bearish Color: Determines the color of Bearish FVGs calculated from the 240 minute time frame.
Daily (Higher Time Frame)
• Display: Determines whether or not FVGs from the daily time frame will be drawn on the chart.
• Bullish Color: Determines the color of Bullish FVGs calculated from the daily time frame.
• Bearish Color: Determines the color of Bearish FVGs calculated from the daily time frame.
Session Sweeps [LuxAlgo]The Session Sweeps indicator combines ICT-based features for a complete trading methodology involving market sessions, market structure, and fair value gaps to find optimal entry conditions for trading price action.
Traders frequently tend to place stop/limit orders at the high and low points of major trading sessions such as Asian (Tokyo), European (London), and North American (New York), resulting in the establishment of liquidity pools at those particular levels. The Session Sweeps indicator is crafted to recognize and underscore occurrences of session sweeps or liquidity sweeps during these major trading sessions.
🔶 USAGE
Default settings utilize major forex trading sessions, yet users can select their preferred opening and closing times, rename the sessions, or adjust the colors. It's important to note that the specified times for each session align with the respective local timezones: Asian (Tokyo) UTC+9, European (London) UTC, and North American (New York) UTC-5.
If the price briefly crosses either the highest or lowest point of a market session. These movements, aiming at triggering stop losses, suggest potential shifts in the market direction. Detecting such movements is the fundamental purpose and core functionality of the script.
🔹Market Structure Shifts
A Market Structure Shift refers to a change in market direction, either from an uptrend to a downtrend or vice versa. A part of a common entry model when using session sweeps is waiting for the formation of a CHoCH after a session sweep.
🔹Fair Value Gaps
A Fair Value Gap (FVG) holds particular appeal for price action traders, emerging when there are inefficiencies or imbalances in the market, often a result of uneven buying and selling activity. The underlying concept of FVGs is that the market tends to revisit these inefficiencies before resuming its trajectory in alignment with the initial impulsive move.
After the formation of a CHoCH traders can enter a position when the price enters the area of a Fair Value Gap (FVG).
🔹Setup Examples
This entry setup is commonly used by ICT traders and is shared for informational & educational purposes only.
Long Positions (5-Minute Timeframe):
Wait for the previous session's low to be swept.
Look for a Bullish Choch.
Find a Bullish FVG formed by or before the Choch.
Entry Point: At the FVG.
Take Profit (TP): At the session high or aim for a 1:2 Risk-Reward Ratio.
Stop Loss (SL): At the session low or nearest Swing Low.
Take partial profits at intermediate swings, but don’t shift SL prematurely.
Short Positions (5-Minute Timeframe):
Wait for the previous session's high to be swept.
Look for a Bearish Choch.
Find a FVG formed by or before the Choch.
Entry Point: At the FVG.
Take Profit (TP): At the previous session's low or aim for a 1:2 RR.
Stop Loss (SL): At the session high or nearest Swing High.
Take partial profits at intermediate swings, but don’t shift SL prematurely.
🔶 SETTINGS
🔹Session Sweeps
Buyside Sweep Zones, Color, and Margin: toggles the visibility of bullside sweep zones, customizes the associated color, and sets the margin value defining the range of a bullside sweep zone.
Sellside Sweep Zones, Color, and Margin: toggles the visibility of sell-side sweep zones, customizes the associated color, and sets the margin value defining the range of a sell-side sweep zone.
Sweep Margin Length: specifies the maximum allowed length of a sweep zone invalidation, the length over which the price slightly invalidated the margin range.
Detect Sweeps Once per Session: if enabled will detect only once a sweep zone within a session.
Hide Fake Sweep Zones, and Color: controls the visibility and color of the fake sweep zones.
🔹Sessions
Session (Asia, London, New York AM, and New York PM), Start Time, and End Time: enables or disables the visibility of the named market session range, and customization of the session hours.
Color: color customization option of the named session.
Extend Max/Min: extends the highest and lowest price levels of the named session until the end of the next enabled session. This option is recommended to be enabled when sweep zone detection is activated to observe the relationship between the sweep zone and previous session extreme levels.
Extend Mid: extends the mean price levels of the named session until the end of the next enabled session. The extended line may serve as potential support and resistance levels.
Fill: enables/disables background coloring of the named session.
New York DST | London DST: enabling this option initiates Daylight Saving Time (DST) for New York or London. Note: Daylight Saving Time is not applied to the Asian (Tokyo) session.
Sessions Extreme Lines | Sessions Names: toggles the visibility of the highest and lowest price levels, as well as the names, for all market sessions.
Session Lines Width: sets the width of the lines for all sessions.
Session Fill Transparency: sets the background color transparency of the range for all sessions.
🔹Market Structure Shifts
Market Structure Shifts: toggles the visibility of market structure shifts, also known as change of character (CHoCH).
Detection Length: specifies the detection length.
Market Structure Shifts; Bull & Bear: color customization options.
🔹Fair Value Gaps
Fair Value Gaps: toggles the visibility of the fair value gaps.
Fair Value Gap Width Filter: specifies the filtering multiplier; additional details can be found in the tooltip of the respective input option.
Bullish & Bearish Imbalance: color customization options.
🔹Sessions Tabular View
Sessions Tabular View: toggles the visibility of the tabular view of the sessions, displaying date &time, status, and countdown counter.
Hide if not Forex Market Instrument: checks the market and automatically enables/disables the option based on the market instrument.
Table Text Size & Position: size and placement customization options
🔶 LIMITATIONS
Please be aware that fair value gap filtering cannot be applied to the initial 144 candles (with a fixed-length ATR) as the ATR value necessary for filtering won't be available during this period.
🔶 RELATED SCRIPTS
Buyside-Sellside-Liquidity
Sessions
Liquidity-Voids-FVG
Thank you to our community for the recommendation of this script. To explore additional conceptual scripts and related content, we invite you to visit >>> LuxAlgo-Scripts .
Dynamic Candle Balance Indicator (Binary)
Dynamic Candle Balance Indicator
The Dynamic Candle Balance Indicator is a powerful tool designed to identify imbalances in candle colors on a chart, which can indicate potential reversals or changes in market direction. This indicator is specifically developed for traders operating on short timeframes, such as 1-minute candles, and is particularly useful for identifying opportunities in binary options.
How to Use:
Set Parameters
Initial Position: Specify the number of initial candles to be considered for calculation.
Count: Determine the total number of candles to be analyzed, including the initial position.
Interpret Results:
Green: Indicates the number of bullish candles (where the closing price is higher than the opening price).
Red: Indicates the number of bearish candles (where the closing price is lower than the opening price).
Absent: Indicates the number of candles that were not considered due to the selected interval.
Performance Analysis:
The indicator calculates the percentage of green and red candles relative to the total number of analyzed candles, providing insights into market balance or imbalance.
Identify Trading Opportunities:
Significant imbalances between candle colors can indicate potential reversals or changes in market direction.
Traders can use this information to make informed decisions about their trading strategies, such as identifying entry or exit points.
Example:
In the last 40 candles, there were 13 green candles and 27 red candles, indicating a higher likelihood of the next candle being green.
Usage Tips:
The indicator is most effective when used on a 1-minute timeframe for binary options trading, especially during periods of high imbalance.
Adjust the parameters according to your trading strategy and the timeframe being analyzed.
Combine the Dynamic Candle Balance Indicator with other technical analysis tools to confirm trading signals.
Legal Disclaimer:
This indicator is provided for educational and informational purposes only. It represents a theory and should be used as part of a comprehensive trading strategy. Past performance is not indicative of future results. Traders should always conduct their own analysis before making trading decisions.
Try out the Dynamic Candle Balance Indicator and leverage its functionalities to identify trading opportunities on short-term charts, especially in 1-minute timeframes for binary options trading during periods of high imbalance. Remember to test the indicator on a practice account before using it on a real account.
Footprint liteFootprint Lite enables you to monitor volume distribution for the current ticker, offering resolutions as 1 second, segmented by specified price levels with visual representations. Additionally, you have the flexibility to customize the displayed Imbalance price level and the number of consecutive Imbalance level lines.
Here are the input options:
Group Display:
This section allows you to adjust how Footprints are displayed.
"Count show bars": Directly adjusts the display to show the last 'n' bars.
"Display all available bars": Shows all available bars.
Group Row size:
Adjusts the parameters for generating Footprints based on price step size.
"Ticks Per Row": Directly sets the price step, calculated by multiplying the entered value by syminfo.mintick.
"Auto": Enables automatic mode for selecting the "Ticks Per Row" value.
"Max row": Relevant for auto mode, it sets the acceptable number of rows within a bar. The automatic "Ticks Per Row" calculation is based on the first available bar and applied to subsequent bars.
Group Imbalance:
Customizes the display of price levels represented by Imbalance and emphasizes consecutive lines.
"Imbalance Percent": A coefficient expressed as a percentage to determine the Imbalance of price levels, comparing the buy price diagonally to the previous sell price.
"Stacked levels": Sets the minimum number of consecutive Imbalance levels required to draw extended lines.
Alerts:
You can set alerts for various events:
"New imbalance line sell": Alerts on the appearance of a new imbalance line for selling.
"New imbalance line buy": Alerts on the appearance of a new imbalance line for buying.
"Stop past imbalance line sell": Alerts when the previous imbalance line for selling stops, indicating it has reached the range from low to high of the current bar.
"Stop past imbalance line buy": Alerts when the previous imbalance line for buying stops, indicating it is within the range from low to high of the current bar.
"New imbalance buy": Alerts on the appearance of a new or change in the current imbalance level for buying.
"New imbalance sell": Alerts on the appearance of a new or change in the current imbalance level for selling.
VIB / GIB v1.0The VIB / GIB indicator
V1 ----- 13 Feb 2023 ------------ Inital release.
This gives the user the ability to easily display VIB(Volume ImBalances) and GIB(Gap ImBalances) on their chart.
Volume imbalances (VIB) are created when there is a price difference between the close of a candle and the opening of the next candle. This price difference can be used as a level of support or resistance in future trading.
A Gap imbalance (GIB) has the same principles as a VIB, but also has the feature that no wick closes through the gap, showing an even more powerful imbalance in the market at that point.
GIBs and VIBs can be individually switched on or off via the settings, and optional icons can also be activated or not to show where the imbalance took place.
Please note that this is purely an indicator that should be used with other confluence before making trading decisions.
