FX FVG iFVG Signal MT4
- Indicators
- Version: 1.0
- Activations: 5
FX FVG iFVG Signal MT4 is a MetaTrader 4 chart indicator designed for forex traders who use Fair Value Gap and Inversion Fair Value Gap concepts.
The indicator automatically marks bullish FVG, bearish FVG, bullish iFVG, and bearish iFVG zones on the chart. When price returns to an iFVG area and candle confirmation is detected, the indicator shows a potential BUY or SELL pop-up alert.
The tool is designed mainly for H1 and M30 trading. H1 can be used for market direction, while M30 can be used to watch pullbacks, reactions, and signal confirmation.
Main features:
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Automatic three-candle FVG detection
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Automatic iFVG detection after a broken FVG
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Bullish FVG and bearish FVG zones
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Bullish iFVG and bearish iFVG zones
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Built-in chart legend
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Zone midline display
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BUY and SELL pop-up alerts
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Signal arrows on the chart
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Hidden buffers for EA and strategy integration
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Manual trading support, no automatic order execution
Color guide:
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Light green: Bullish FVG, possible support after a pullback
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Light red: Bearish FVG, possible resistance after a pullback
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Blue: Bullish iFVG, potential support after a bearish FVG is broken upward
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Red: Bearish iFVG, potential resistance after a bullish FVG is broken downward
Signal logic:
BUY signal:
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Price touches a bullish iFVG zone
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The previous candle closes bullish
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The close is above the iFVG midline
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The close does not break below the iFVG lower boundary
SELL signal:
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Price touches a bearish iFVG zone
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The previous candle closes bearish
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The close is below the iFVG midline
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The close does not break above the iFVG upper boundary
Buffers:
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Buffer 0: Bullish FVG midpoint
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Buffer 1: Bearish FVG midpoint
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Buffer 2: Bullish iFVG midpoint
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Buffer 3: Bearish iFVG midpoint
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Buffer 4: Signal buffer
Signal values:
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1 = Bullish FVG
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-1 = Bearish FVG
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2 = Bullish iFVG
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-2 = Bearish iFVG
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10 = BUY signal
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-10 = SELL signal
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0 = No signal
Input parameters:
This version has no external input parameters. The core settings are built in and optimized for H1 and M30 forex trading.
Risk note:
This indicator is a technical analysis tool and does not guarantee profits. All signals should be confirmed with trend, market structure, liquidity, spread, news timing, and risk management. Please test it first on a demo account or in the strategy tester.
