Fair Value Gap for MetaTrader 4 by BOToBRACIA

Fair Value Gap for MetaTrader 4 by BOToBRACIA

FVG is a practical technical analysis indicator that automatically detects and marks Fair Value Gaps (Imbalances) — areas of market inefficiency formed during strong price impulses. These zones are updated in real time and remain visible until they are confirmed as filled according to the selected method.

The indicator allows you to:
• automatically identify bullish and bearish FVGs without manual drawing
• define precise reaction zones and potential price targets
• control how zones are closed (mitigated)
• analyze FVGs from a selected timeframe on the current chart

Indicator settings:
The indicator allows you to precisely define when a zone is considered “filled” and removed from the chart, so you can align its behavior with your trading methodology:

• the zone disappears only when the FVG is fully filled by price
• the zone disappears upon the first entry of price into the area (even with a wick)
• the zone disappears when price reaches the midpoint of the zone
• the zone disappears when a candle closes inside the FVG
• the zone expires automatically after a specified number of candles

Ideal for:
• ICT / Smart Money Concepts traders
• traders focusing on price reactions to market imbalances
• day traders and scalpers working with precise zones
• swing traders using returns to FVGs as targets or entry points
• price action traders who want objective zones without manual drawing