SVP Zones SM ICT

SVP Zones stands for Structure Volume Pattern Zone. I present an indicator I created while attempting to automate a complex strategy in which volume is the basis for price pattern formation. Simply put, the indicator analyzes market volume and structure, and when several conditions are met, it forms a pattern zone on a higher timeframe. If a pattern is present on the higher timeframe, it waits for a pattern to form on a lower timeframe and generates a trade signal. You could call it a Russian doll.

On the chart, the indicator displays four tables with signal statistics: signal results for the last five days, the last five signals, and the last five symbols that formed a pattern on the lower timeframe.

An important point: a formed pattern does not guarantee a signal; a signal may not occur if one of the pattern conditions is violated before the signal is generated.

By default, the indicator analyzes all instruments from the Market Watch. You can add or remove instruments; the indicator will analyze only those included. Alternatively, you can enter instrument names in the parameters and disable analysis of instruments from the Market Watch. In this case, the indicator will analyze only those instruments specified in the parameters. The default win rate is 66%, meaning that any instruments with a lower win rate will not be included in the statistics and will not generate signals.

The indicator has built-in push notifications and alerts, both in the MT5 app on your phone and by email. You can choose which stages to receive notifications at: when a zone is formed, when signals are generated, and when a take profit or stop loss is reached. If you are unable to set up notifications in the terminal, please contact me and I will provide step-by-step instructions.

When a current pattern appears on the working timeframe, the instrument name is displayed in green in the last table, along with an Open button. When clicked, the indicator opens the desired instrument and displays the current pattern along with the signal level, take profit, and stop loss levels. Enter the name of your pattern in the parameters, and the indicator will use it for opening instruments.

A time filter is also available for filtering out nighttime hours, and it can also be used to view signal statistics for the specific time range you plan to trade.

If you use this indicator, message me, and I'll add you to the Telegram community so you can connect with people who also use it.