Smart FVG indicator
- Indicators
- Ahmad Kazbar
- Version: 1.14
- Updated: 10 November 2025
Smart FVG Indicator MT5 – Fair Value Gap and Imbalance Detection
Smart FVG Indicator MT5 is a professional Fair Value Gap (FVG) and Imbalance detection tool for MetaTrader 5. It is designed for traders who use Smart Money Concepts (SMC) and ICT-style analysis to study market structure, liquidity and price inefficiencies.
The indicator automatically scans price action to find valid Fair Value Gaps and Imbalance zones, then draws and updates these zones directly on the chart. This helps you see where price has moved with displacement and where potential liquidity areas may exist.
Main Features
- Fair Value Gap (FVG) and Imbalance detection: highlights relevant price gaps and imbalance zones based on candle structure.
- Imbalance Filter: focuses on areas created by strong price displacement or liquidity shifts, removing random or insignificant gaps.
- Body Average Filter: compares candle body sizes to filter out weak structures and keep only meaningful displacement zones.
- Dynamic zone management: zones can be extended and are updated or removed when price fills or invalidates them.
- Customizable visualization: adjust colors, transparency, line styles and zone behavior to match your chart template.
- Alerts: optional notifications when new FVGs appear or when existing zones are closed by price.
- Optimized for MT5: works on different symbols and timeframes within MetaTrader 5.
How to Use
- Attach Smart FVG Indicator MT5 to any chart and choose your preferred timeframe.
- Configure the Imbalance Filter and Body Average Filter according to your trading style.
- Use the detected Fair Value Gaps and Imbalance zones to support your Smart Money Concepts and ICT-based strategies.
Typical Use Cases
- Confirm market structure and institutional order flow.
- Combine FVG and Imbalance zones with order blocks, liquidity areas and breaker blocks.
- Define premium and discount zones based on displacement and price inefficiencies.
- Simplify Smart Money and ICT chart analysis by automatically marking key zones.
Notes
Smart FVG Indicator MT5 is intended for traders who want a clear and structured view of Fair Value Gaps and Imbalance zones in MetaTrader 5. It supports Smart Money Concepts and ICT-style trading by providing an objective visual framework for price inefficiencies and liquidity areas.
If this indicator helps your trading, please consider leaving a rating and a short review on the MQL5 Market. Your feedback supports further improvements and helps other traders discover the tool.


Can help my trading to be successful.Thank you