Smart FVG Levels Indicator for MT5
- Indicatori
- Mohammad Taher Halimi Tabrizi
- Versione: 1.2
- Attivazioni: 5
Smart FVG Levels Indicator for MT5
Introduction
Smart FVG Levels Indicator is designed to automatically detect and display Fair Value Gaps (FVG) on MetaTrader 5 charts. It provides a structured way to visualize price imbalances and potential reaction zones.
Settings
General Settings
- Number of candles used for calculations
- Option to hide overlapping levels
FVG Settings
- Enable or disable FVG levels
- Support level color
- Resistance level color
- Show level labels
- Display recent levels (limit number of visible levels, 0 = all)
- Minimum distance in points from the last closed candle
Functionality
The indicator automatically identifies and marks Fair Value Gaps on the chart.
It allows traders to:
- Visualize price imbalance zones
- Monitor potential support and resistance areas
- Combine FVG levels with other analysis methods
- Reduce manual chart analysis
Features
- Automatic FVG detection
- Customizable level display
- Support and resistance visualization
- Optional labels
- Adjustable filtering parameters
- Clean chart integration
Compatibility
- Works on all symbols
- Works on all timeframes
- Designed for MetaTrader 5
Conclusion
This indicator provides a structured way to observe Fair Value Gaps and price imbalance zones for analytical purposes.
