SMC Fair Value Gap
- Indicators
- Version: 1.10
- Activations: 10
SMC Fair Value Gap Imbalance Pro is an institutional-grade Smart Money Concepts (SMC) indicator developed specifically for MetaTrader 5 traders seeking high-precision order flow and price delivery inefficiencies.
A Fair Value Gap (FVG) represents an aggressive three-candle volumetric displacement where price failed to provide equal liquidity to both buyers and sellers (BISI - Buy Side Imbalance Sell Side Inefficiency, and SIBI - Sell Side Imbalance Buy Side Inefficiency). Financial institutions use these imbalances as liquidity magnets before resuming the macro trend.
Unlike generic retail indicators that repaint or redraw historical bars, SMC Fair Value Gap Imbalance Pro confirms every gap strictly upon candle close and accurately monitors live mitigation status in real time.
KEY FEATURES:
• Dynamic ATR Volatility Filter: Automatically screens out market noise and micro-imbalances, highlighting only genuine institutional displacements.
• 50% Consequent Encroachment (C.E.): Automatically plots the exact 50% equilibrium level of each FVG, the institutional golden ratio for high-probability sniper entries and mitigation reactions.
• Intelligent Mitigation Modes: Choose between Full Fill mitigation (100% gap rebalanced) or Consequent Encroachment mitigation (50% touch).
• Non-Repainting Architecture: Gaps are permanently registered on closed candles. Zero lagging, zero shifting boxes.
• Multi-Channel Real-Time Alerts: Instant notifications via Pop-up audio alert and MT5 Mobile Push when price touches an active FVG or pierces the 50% C.E. level.
• Proprietary HUD Dashboard: Sleek on-chart telemetry displaying live counts of active Bullish/Bearish imbalances and current broker spread.
INPUT PARAMETERS:
• InpVelasHistoricas: Number of historical candles analyzed (default: 600).
• InpMinGapATR: Minimum gap size in ATR multiples (default: 0.25).
• InpMinGapPuntos: Optional minimum threshold in points.
• InpMaxFVGActivos: Maximum concurrent unmitigated FVGs projected on chart (default: 12).
• InpMostrarCE50: Plot the 50% Consequent Encroachment dashed line.
• InpExtenderActivos: Extend active unmitigated zones to current market price.
• InpMostrarMitigados: Show/hide historical mitigated gaps for backtesting.
• InpCriterioMitigacion: Choose between 50% CE touch or 100% full fill.
• InpColorBullFVG / InpColorBearFVG / InpColorCE50: Fully customizable color palette.
• InpAlertaNuevoFVG / InpAlertaToque / InpAlertaToqueCE / InpAlertaPush: Complete multi-channel alert controls.
RECOMMENDED USE:
• Symbols: Forex pairs, Gold (XAUUSD), Indices (US30, NAS100, DAX40), and Crypto.
• Timeframes: Ideal on M5, M15, H1, and H4 for institutional top-down analysis.
