MT5 Fair Value Gap
- Indicators
-
Agus Santoso
DISCLAIMER ON : The author of EA will not be held responsible for your losses or problems of any kind if the EA is directly or indirectly responsible for any losses.
Our software is provided “as is”, without any warranty or condition of any kind, express, implied or statutory. - Version: 1.0
- Activations: 5
MT4 Version : https://www.mql5.com/en/market/product/163007
MT5 Version : https://www.mql5.com/en/market/product/163008
Fair Value Gap (FVG) — Multi Timeframe + Freshness Filter + Alignment Zones
Fair Value Gap (FVG) is a powerful multi-timeframe indicator designed to help traders detect and visualize high-probability imbalance zones directly on the chart.
It automatically scans candles and draws FVG rectangles with clean visuals, helping you spot institutional gaps, price inefficiencies, and potential reaction zones.
This indicator is built to support both scalpers and swing traders, with full flexibility to match your trading style.
Key Features
Multi-Timeframe FVG Detection
Display Fair Value Gap zones from two different timeframes at once, so you can see:
Higher timeframe imbalance zones (D1/H4/H1)
Lower timeframe entry refinement (M15/M5/M1)
Perfect for traders who want top-down analysis.
Freshness Filter (Avoid Old / Mitigated FVG)
Not all FVG zones are valid. Many gaps are already “filled” by price.
With Freshness Filter, you can control how “fresh” a zone must be before it is drawn:
1.0 (100%) = only show unfilled, clean FVGs
0.5 = allow partially mitigated zones
Flexible settings for each timeframe
This helps you focus only on the most relevant zones.
Alignment Mode (Confluence Zones)
Want only the strongest zones?
Enable Timeframe Alignment to highlight areas where FVG zones overlap across timeframes, creating a high-confluence institutional zone that often produces strong reactions.
This feature is ideal for:
Smart Money Concept (SMC)
ICT style trading
Sniper entry setups
Clean Rectangle Visualization
FVG zones are drawn as professional rectangles:
Custom colors for each timeframe
Background / foreground display option
Hidden objects mode (cleaner chart management)
Best Use Cases
This indicator works extremely well for:
SMC / ICT Trading
Scalping with higher timeframe bias
Sniper entries using refined FVG zones
Breakout + retracement strategies
Reaction zone trading (bounce & continuation)
How To Trade With FVG Zones
Simple workflow:
Identify trend bias (higher timeframe)
Wait for price to return into the FVG zone
Look for confirmation:
rejection candle
break of structure (BOS)
liquidity sweep
Execute entry with tight stop-loss
FVG zones work best when combined with:
Supply & Demand
Market Structure
Liquidity / Sweep concept
Inputs & Settings
You can fully customize:
Candle Scan depth (speed vs detail)
Timeframe 1 settings (color, freshness, background)
Timeframe 2 settings (color, freshness, background)
Alignment mode ON/OFF
Advantages
Multi-timeframe visibility in one chart
Filters out low-quality / already-mitigated gaps
Finds overlap zones for stronger confluence
Clean and lightweight chart objects
Works on all symbols (Forex, Gold, Indices, Crypto)

