FiboFVG Pro Concept
- Indicators
-
Rikza Fauzan Nurfadilah
Professional provider of MQL5 MetaTrader 5 Expert Advisors (EAs). Help optimize your automated trading with proven, stable, and secure strategies. - Version: 1.0
- Activations: 5
FVG Fib Pro combines Fair Value Gaps with Fibonacci retracement across two timeframes. It first reads the market structure on a higher timeframe, then waits for price to pull back into the discount or premium zone and fill a gap on your chart timeframe. Signals appear only when the pullback, the gap, and the higher timeframe context agree.
HOW THE SIGNALS WORK
- Higher timeframe structure: swing highs and lows are confirmed only after the required number of candles have closed, so the structure never repaints.
- Fibonacci zone: the latest higher timeframe leg is measured with the standard levels (0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%). The buy zone sits between the 50% and 78.6% retracement of a bullish leg, and the sell zone mirrors it for a bearish leg. The zone range is adjustable.
- Fair Value Gap: a three-candle imbalance on the chart timeframe. Gaps smaller than a set fraction of ATR are ignored.
- BUY: a bullish gap lies inside the buy zone of a bullish higher timeframe leg. Price returns to the gap for the first time, holds above its lower edge, and the reaction candle closes bullish.
- SELL: the mirror condition for a bearish leg and a bearish gap.
- Each gap produces one signal, on its first touch, so arrows never repeat on the same level.
TRADE PLAN ON THE CHART
- Gap boxes for unmitigated fair value gaps
- Arrow and label at each signal
- Stop loss beyond the gap edge, plus an ATR buffer
- Take profit at the higher timeframe swing extreme when it is at least 1R away, otherwise at a configurable risk-to-reward multiple (2R by default)
- Optional price labels for the stop and target levels
- Only the latest signals are kept on the chart, so it stays readable
FIBONACCI DISPLAY
- Shaded buy or sell zone on the latest higher timeframe leg
- Fibonacci levels with prices, with the 61.8% level highlighted
- Swing high and swing low markers
DASHBOARD
- Higher timeframe leg direction, swing prices, current retracement, and zone status (IN BUY ZONE, IN SELL ZONE, SHALLOW, TOO DEEP, or BREAKOUT)
- Active bullish and bearish gaps on the chart timeframe
- Last signal, running buy and sell counts, and alert status
- Multi-timeframe table (M5, M15, H1, H4, D1) showing leg direction, retracement, zone status, and fair value gap for each timeframe
ALERTS
- Banner on the chart when a signal fires
- Popup message, optional sound, MetaQuotes push notification, and optional email
- One alert per closed candle
EXPERT ADVISOR READY
- Signal buffers are available through iCustom, so the same logic can drive automated systems
HIGHER TIMEFRAME
- Chosen automatically from the chart timeframe, or set manually
- Automatic mapping: M1 to M15, M5 to M30, M15 to H1, M30 to H4, H1 to H4, H4 to D1, D1 to W1
REQUIREMENTS
- MetaTrader 5
- Forex, metals, indices, and crypto CFDs with sufficient history
- Any broker and any timeframe from M1 to D1
IMPORTANT
FVG Fib Pro is a technical analysis tool. It does not guarantee profits. Gaps do not always fill, and retracements can extend beyond the Fibonacci zone. Past Strategy Tester results do not predict future performance. Test on a demo account first, include spread and commission in your evaluation, and always manage your risk.
