Focus:Identifying Market Structure and Significant Gaps (FVG). Key Input:InpMinGapPoints(Minimum Gap Size). Recommendation:These values are based on theH1 Timeframe(Standard).
Why:Gold has high volatility. We need to filter out small, insignificant gaps to spot only the "Big Moves" made by institutions.
💱 FOREX (Major Pairs: EURUSD, GBPUSD)
Settings:
InpMinGapPoints=10.0 - 20.0(1-2 Pips)
Why:Currencies move in tighter ranges compared to Gold. A 10-20 point gap on higher timeframes is considered highly significant.
📈 INDICES (US30, NAS100)
Settings:
InpMinGapPoints=50.0 - 100.0
Why:US Indices move hundreds of points daily. Gaps smaller than 50 points are usually just market noise.
₿ CRYPTO (BTCUSD)
Settings:
InpMinGapPoints=300.0 - 500.0
Why:With Bitcoin's high price and volatility, gaps need to be wide enough to represent a true Institutional Footprint.
💡 PRO TIP:
Please add this note to the bottom of your description to prevent confusion regarding broker point calculations:
⚠️ IMPORTANT NOTE ON BROKER DIGITS: The values above are in"Points".
For most Forex brokers (5 digits),10 Points = 1 Pip.
For Gold (2 digits),10 Points = $0.10.
If your broker uses different digits (e.g., 3-digit Gold), you may need to multiply the values by 10. Always test on a demo account first to calibrate for your specific broker.
The Indicator (ISOF)
Focus: Identifying Market Structure and Significant Gaps (FVG).
Key Input: InpMinGapPoints (Minimum Gap Size).
Recommendation: These values are based on the H1 Timeframe (Standard).
🏆 XAUUSD (Gold)
Settings:
InpMinGapPoints = 30.0 - 50.0 (For M5-M15 Scalping)
InpMinGapPoints = 100.0 - 200.0 (For H1-H4 Structure)
Why: Gold has high volatility. We need to filter out small, insignificant gaps to spot only the "Big Moves" made by institutions.
💱 FOREX (Major Pairs: EURUSD, GBPUSD)
Settings:
InpMinGapPoints = 10.0 - 20.0 (1-2 Pips)
Why: Currencies move in tighter ranges compared to Gold. A 10-20 point gap on higher timeframes is considered highly significant.
📈 INDICES (US30, NAS100)
Settings:
InpMinGapPoints = 50.0 - 100.0
Why: US Indices move hundreds of points daily. Gaps smaller than 50 points are usually just market noise.
₿ CRYPTO (BTCUSD)
Settings:
InpMinGapPoints = 300.0 - 500.0
Why: With Bitcoin's high price and volatility, gaps need to be wide enough to represent a true Institutional Footprint.
💡 PRO TIP:
Please add this note to the bottom of your description to prevent confusion regarding broker point calculations: