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Kanok Meekunchorn  

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:

⚠️ 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.