FVG Indicator Osw MT4
- Indicators
-
William Oswaldo Mayorga Urduy
MQL4 and MQL5 trader and developer since February 2019, delivering projects in under one day and providing post-delivery technical support.
Optimized code, advanced logic, and high-quality code. - Version: 1.2
- Updated: 13 April 2026
- Activations: 5
FVG Pro Institutional Scanner
Advanced Fair Value Gap (FVG) detector for Smart Money traders. Automatically scans and highlights critical liquidity imbalances on the chart, allowing for the anticipation of price reactions, trading of high-probability continuations, and refinement of institutional entries.
Parameter Guide
CandlesScan: Historical candle limit analyzed to optimize platform performance.
FVGPointsMin: Minimum gap size (in points) required to filter out noise and minor market movements.
FVGTimeCandles: Number of future candles towards which the detected zones are visually projected.
Candle1OnDir: Requires the most recent candle of the pattern to close in favor of the main imbalance.
Candle2OnDir: Requires the central generating candle to close strongly in the direction of the momentum.
Candle3OnDir: Verifies that the source candle of the formation shares the same trend direction.
ColorUP: Defines the block color used for bullish gaps (support zones).
ColorDN: Defines the block color used for bearish gaps (resistance zones).
FVGFill: Visually activates the solid fill of the FVG zone or chooses to show only its outlines.
Visual Interpretation
The system draws and projects dynamic rectangles in the analysis. The blocks highlighted in ColorUP (demand imbalance) act as powerful institutional supports. On the other hand, the blocks in ColorDN (supply imbalance) serve as likely technical resistance areas where price will tend to react.
Operation Guide
These gaps act as magnetic magnets for the price. A configuration is operationally valid when the price retraces and re-enters the drawn rectangle. Wait for graphical confirmation or rejection patterns within these key levels to execute orders in favor of the institutional vector.
Optimization and Recommendations
Key Assets: Highly effective on volatile stock indices and major Forex pairs.
Timeframe: It is recommended to focus on M15, H1, and H4 charts to neutralize minor noise.
Extra Calibration: Always adapt the FVGPointsMin parameter in direct relation to the natural volatility of your asset.

