As far as I know, in FVG, the left candlestick with its shadow should be lower than the opening price of the central candlestick, and the shadow of the right candlestick should be higher than the closing price of the central candlestick.
In the example below, the right candle has no shadow, and the high and open prices are the same. In this case, the zone should not be drawn.
As far as I know, in FVG, the left candlestick with its shadow should be lower than the opening price of the central candlestick, and the shadow of the right candlestick should be higher than the closing price of the central candlestick.
In the example below, the right candle has no shadow, and the high and open prices are the same. In this case, the zone should not be drawn.
In the example below, everything is fine
According to Michael's teachings; The creator of the ICT method; FVG has nothing to do with the open and close of candles and refers to the space between the shadows (or high and low) of candle 1 and candle 3.
According to Michael's teachings; The creator of the ICT method; FVG has nothing to do with the open and close of candles and refers to the space between the shadows (or high and low) of candle 1 and candle 3.
MT5: I was manually putting in FVG on the chart and this indicator does it how I like.
I also like that only currently active FVG are shown. When price action clovers the gap it disappears, nice. Thanks for helping make my trading easier.
I have been testing your indicator for a few days, and I think its very promising. Congratulations!!
I am thinking of buying the paid version, but I´de like some more information before.
Could you explain with more detail how it is to be used on operations?
And could you also explain each one of the parameters that can be changed for otimization?
Thank you.
If you're beginner with FVG, I recommend you to follow the mentorship from Michael here https://www.youtube.com/watch?v=XN8tuO4QIRw&list=PLVgHx4Z63pabpjlduWBaEsn8VMtALhjGV Btw, the FVG indicator will be free for first year(2022) before I can release an EA paid version. So you're free to use it till got your own setup system.
Hello Cao, I am really thankful for this indicator and I already gave my 5 stars to it.
There is only one functionality I do not fully understand, and it is the "Higher TimeFrame".
For example, if it is set to H1, the indicator will only show additional light-grey zones in chart timeframes H2, H4, ... and higher, but no additional light-grey zones in H1 or lower timeframes.
I understand what a Fair Value Gap is in a certain timeframe but I do not get to understand what is the meaning of the "Higher TimeFrames" in your indicator.
Would you be so kind to explain a little more what is it behind?
Thanks for that, really useful!
You're welcome man!
Parabéns pelo trabalho! Muito bom mesmo. Recomento. Obrigado.
Muito obrigado! Vou manter a atualização de mais recursos em breve;)
good afternoon, isn't there a similar indicator for MT4?
Muito obrigado! Vou manter a atualização de mais recursos em breve;)Th
Thanks buddy you are a beast!
good afternoon, isn't there a similar indicator for MT4?
Hey Arina, I will update 1 version for MT4 after released the next version 1.5
As far as I know, in FVG, the left candlestick with its shadow should be lower than the opening price of the central candlestick, and the shadow of the right candlestick should be higher than the closing price of the central candlestick.
In the example below, the right candle has no shadow, and the high and open prices are the same. In this case, the zone should not be drawn.
In the example below, everything is fine
And here is something that is not clear)
Petr Zharuk #:
As far as I know, in FVG, the left candlestick with its shadow should be lower than the opening price of the central candlestick, and the shadow of the right candlestick should be higher than the closing price of the central candlestick.
In the example below, the right candle has no shadow, and the high and open prices are the same. In this case, the zone should not be drawn.
In the example below, everything is fine
According to Michael's teachings; The creator of the ICT method; FVG has nothing to do with the open and close of candles and refers to the space between the shadows (or high and low) of candle 1 and candle 3.
According to Michael's teachings; The creator of the ICT method; FVG has nothing to do with the open and close of candles and refers to the space between the shadows (or high and low) of candle 1 and candle 3.
MT5: I was manually putting in FVG on the chart and this indicator does it how I like.
I also like that only currently active FVG are shown. When price action clovers the gap it disappears, nice. Thanks for helping make my trading easier.
program code available ?
Up to 99 reviews 5 stars I will open source for everyone can do custom to make your own EA :)
Hello!
I have been testing your indicator for a few days, and I think its very promising. Congratulations!!
I am thinking of buying the paid version, but I´de like some more information before.
Could you explain with more detail how it is to be used on operations?
And could you also explain each one of the parameters that can be changed for otimization?
Thank you.
Hello!
I have been testing your indicator for a few days, and I think its very promising. Congratulations!!
I am thinking of buying the paid version, but I´de like some more information before.
Could you explain with more detail how it is to be used on operations?
And could you also explain each one of the parameters that can be changed for otimization?
Thank you.
If you're beginner with FVG, I recommend you to follow the mentorship from Michael here https://www.youtube.com/watch?v=XN8tuO4QIRw&list=PLVgHx4Z63pabpjlduWBaEsn8VMtALhjGV
Btw, the FVG indicator will be free for first year(2022) before I can release an EA paid version. So you're free to use it till got your own setup system.
Dear Programmer,
Congratulations and thanks for the handy tool.
Is there a release date for the Mt4 version?
Looking forward to your answer.
Thx again and good luck.
Hello Cao, I am really thankful for this indicator and I already gave my 5 stars to it.
There is only one functionality I do not fully understand, and it is the "Higher TimeFrame".
For example, if it is set to H1, the indicator will only show additional light-grey zones in chart timeframes H2, H4, ... and higher, but no additional light-grey zones in H1 or lower timeframes.
I understand what a Fair Value Gap is in a certain timeframe but I do not get to understand what is the meaning of the "Higher TimeFrames" in your indicator.
Would you be so kind to explain a little more what is it behind?
Thanks in advance
I love this indicator. Please, keep it Free Forever.
Thank you! ✨