Volumatic Fair Value Gaps MT5 Multi Timeframe

• FVG definition: a three-candle imbalance where price “skips” trading; the tool plots bullish/bearish gaps and auto-extends them rightward until mitigation.

• Size filtering: retains notable gaps via relative size percentile; optional minimum/maximum point thresholds adapt to symbol and timeframe characteristics.

• Volume breakdown: aggregates lower-TF volume inside each gap’s span, separates Bull/Bear contributions, and shows two inline % bars (sum = 100%) plus the gap’s total volume.

• Mitigation: removal by closing price through the boundary or by wick touch, as configured.

• Scan depth: limit how far back to evaluate historical bars (0 = full history).

• Volume source timeframe: lower timeframe input (default M1).

• Gap types: independently enable bullish and bearish FVGs.

• Volume visuals: toggle the percentage bars and the total volume label per gap.

• Fresh vs. Touched: indicate whether a gap remains untouched or has been contacted by price.

• Labels and aesthetics: configure label size, gap colors, zone transparency, mitigation color and transparency, and (optionally) a timeframe label.

• Right-extension: set how far the gap body projects to the right (0 = extend to the current bar).

• Capacity limits: cap the maximum number of active FVGs to preserve responsiveness.

• Alert events: on detection, touch, and mitigation of gaps.

• Delivery channels: on-screen message, push notification, email, and sound (selectable audio file).

• Hotkey toggle: optional keyboard shortcut to quickly show/hide FVG layers when the timeframe selector is not in use.

• On-chart selector: show a compact panel with a predefined list of timeframes.

• Per-timeframe presets: optionally maintain separate parameters by timeframe (size percentile, min/max points, volume visuals, Fresh/Touched, labels, capacity, colors, right-extension, mitigation options).

• Panel layout: adjust width/height, movable vs. fixed position, background/text colors, font family and size to fit the chart layout.

1. Choose the volume source: start with M1 for detail; switch when the instrument’s liquidity/volatility suggests a different lower TF.

2. Tighten the filter: raise the relative size percentile and/or minimum points to focus on materially significant imbalances; use maximum points to exclude overly wide gaps.

3. Select mitigation mode:

   • Close-based: more conservative; removes only when a candle closes through the boundary.

   • High/low-based: more responsive; removes when a wick touches the boundary.

4. Read each gap’s evidence: interpret Bull/Bear % alongside the total gap volume to gauge directional participation at that imbalance.

5. Keep visuals efficient: tune transparency, right-extension, active-gap limit, and overlap control so the chart remains legible and performant.

Conclusion

The tool provides a structured framework centered on where imbalances exist and how volume participates within them. With flexible size filtering, per-gap Buy/Sell percentage bars and total volume labels, configurable mitigation, alerting options, and optional timeframe-specific presets, users can organize on-chart information consistently and adapt it to a wide range of market conditions.