Advanced Smc Fvg Scanner with Displacement Filter

⚠️ The Problem with Standard FVG Indicators

In Smart Money Concepts (SMC) and Inner Circle Trader (ICT) methodologies, a Fair Value Gap (FVG) is a three-candle formation that highlights a sudden imbalance in price delivery. It is one of the most powerful concepts in trading.

However, most retail FVG indicators have a fatal flaw: they plot every single gap.

If you have ever used a standard FVG indicator, you know the pain. During choppy, ranging, or low-volume market conditions, your chart becomes an unreadable mess, cluttered with dozens of tiny, meaningless gaps. These "fake" gaps act as weak support/resistance. Traders who use these low-quality gaps as Points of Interest (POIs) usually find themselves trapped in algorithmic chop and get their stop losses hunted.

Standard indicators cannot tell the difference between true institutional momentum and random market noise. This indicator can.

🏆 The Solution: The True Displacement Filter Engine

To trade alongside banks and institutions, you do not just need to find gaps; you need to identify Displacement.

Displacement is a massive, urgent injection of volume by large market makers that aggressively moves price in one direction, leaving a structural void behind. It is characterized by large, full-bodied candles that break structure with undeniable force.

This indicator features a custom-built Displacement Filter Engine designed to completely filter out the noise and only highlight high-probability, high-conviction institutional footprints. It achieves this using a rigorous, three-tier validation system:

1. Minimum Gap Size Validation (The Void)
The indicator meticulously measures the actual empty space (the void) between the wick of Candle 1 and the wick of Candle 3. If the gap is too small, it is mathematically treated as normal market friction and ignored. You control the exact point size required to validate the imbalance.

2. The Displacement Candle Threshold (The Game Changer)
A true FVG is created by a massive "Displacement Candle" (the explosive middle candle in the 3-candle setup). This indicator allows you to set a Minimum Displacement Point threshold. Even if a gap exists, if the middle candle wasn't large and aggressive enough to meet your strict point criteria, the indicator will ignore it entirely. This ensures you are only trading off violent institutional impulses, not slow algorithmic drift.

3. Strict Body-Only Measurement (No Fake Wicks)
Wicks represent liquidity sweeps, indecision, and price rejection. Bodies tell the true story of institutional commitment.
The indicator includes a Measure Candle Body toggle. When enabled, it measures the displacement candle strictly from its Open to its Close. A candle might have a 50-point High-to-Low range, but if the body is only 10 points and the rest is just wicks, it’s a choppy rejection candle—not displacement. By strictly measuring the body, you eliminate "fake" momentum gaps and only see zones where market makers successfully drove and held the price.

🔥 Core Features & "Smart Money" Innovations

🎯 Dynamic, Live-Extending Visuals

• Live Extension: Unmitigated (open) FVGs dynamically extend their zones into the current live price action, exactly like modern premium charting platforms. They act as active magnetic zones.

• Border Highlighting: Unmitigated gaps are framed with solid, heavy top and bottom boundary trendlines. This makes high-probability POIs instantly pop out on your chart, allowing for pixel-perfect limit order placement.

• Auto-Mitigation Tracking: Once the price naturally returns and touches or fully fills the gap (customizable via the Use Full Fill setting), the gap immediately stops extending, turns into a muted "mitigated" color (default Silver), and blends into the background so your chart remains clean.

📊 Data-Rich HUD Tags
Every FVG features an integrated, modern UI label displaying its precise size in points (e.g., Bullish FVG [45 pts]). This allows you to visually weigh the strength of different zones instantly. A 60-point FVG is inherently more valuable than a 15-point FVG; now you can see this data at a glance without using the crosshair tool.

🔔 Institutional-Grade Alert System
Never miss a setup. Because the indicator relies on completely closed bars and strict displacement rules, alerts are highly accurate and 100% immune to chart flickering and repainting.

• Pop-up Terminal Alerts (with precise price data).

• Mobile Push Notifications (Direct to your MT5 mobile app via MetaQuotes ID).

• Email Alerts.

• Sound Alerts.

• Example Alert Output: [EURUSD H1] Strong Bullish FVG @ 1.08540 (35 pts)