SMC Fair Value Gap Detector
- Indicators
- Version: 1.0
SMC Fair Value Gap Detector is a high-precision, institutional-grade Smart Money Concepts (SMC) indicator developed specifically for MetaTrader 5 traders seeking precision order flow and price delivery inefficiencies.
A Fair Value Gap (FVG) represents an aggressive three-candle 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 Detector 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.
• Non-Repainting Architecture: Gaps are permanently registered on closed candles. Zero lagging, zero shifting boxes.
• Real-Time Audio & Popup Alerts: Instant notifications when price touches an active FVG or pierces the 50% C.E. level.
• Proprietary Cyber HUD Dashboard: Sleek on-chart telemetry displaying live counts of active Bullish/Bearish imbalances and current broker spread.
• 100% Free & Lightweight: Optimized native code with zero third-party DLLs.
LOOKING FOR MOBILE PUSH NOTIFICATIONS & MULTI-TIMEFRAME ANALYSIS?
Check out "SMC Fair Value Gap Pro" in our MQL5 Seller Profile for:
- Instant MT5 Mobile Push Notifications directly to your iOS / Android phone.
- Multi-Timeframe overlay and deeper historical audit mode.
- Unlimited concurrent active FVGs and advanced mitigation customization.
INPUT PARAMETERS:
• InpVelasHistoricas: Number of historical candles analyzed (default: 300).
• InpMinGapATR: Minimum gap size in ATR multiples (default: 0.25).
• InpMinGapPuntos: Optional minimum threshold in points (0 = ATR Only).
• InpMaxFVGActivos: Maximum concurrent unmitigated FVGs projected on chart (default: 4).
• InpMostrarCE50: Plot the 50% Consequent Encroachment dashed line.
• InpExtenderActivos: Extend active unmitigated zones to current market price.
• InpMostrarMitigados: Show/hide historical mitigated gaps.
• InpCriterioMitigacion: Choose between 50% CE touch or 100% full fill.
• InpRellenoSolido: Choose between sleek outline frame or solid box fill.
• InpColorBullBorde / InpColorBearBorde: Custom border colors for Bullish and Bearish zones.
• InpColorCE50 / InpColorMitigado: Customizable colors for 50% CE line and mitigated zones.
• InpAlertaNuevoFVG / InpAlertaToque / InpAlertaToqueCE / InpAlertaSonido: Real-time alert suite with anti-spam persistent memory.
• InpMostrarHUD / InpCornerHUD: On-chart telemetry dashboard toggle and positioning.
RECOMMENDED USE:
• Symbols: Forex pairs, Gold (XAUUSD), Indices (US30, NAS100, DAX40), and Crypto.
• Timeframes: Ideal on M5, M15, H1, and H4 for institutional market structure analysis.
