
An MT5 indicator that stores fair value gaps, watches for their inversion and marks qualifying events with BUY or SELL arrows, SL/TP boxes, alerts and push notifications. It is a signal tool, not an automated trading robot.
Get one message the moment it launches, with its price.
IFVG Sniper Entry Engine is an indicator for MetaTrader 5 that looks for inverse fair value gaps, a pattern used in Smart Money Concepts style chart analysis. When one is confirmed and passes the selected filter, it marks the chart with a BUY or SELL arrow and a planned stop-loss and take-profit layout.
A fair value gap is a three-candle imbalance in which the wicks of the first and third candles leave an empty zone between them. On every confirmed bar, the indicator stores newly formed bullish and bearish gaps in an internal memory pool, even though they are not drawn as lines on the chart. Each stored gap ages bar by bar and expires when it becomes too old.
When a later candle closes back through the boundary of a stored gap, that gap counts as inverted. A bearish gap that price reclaims upward becomes a bullish inverse gap, and a bullish gap that price breaks downward becomes a bearish one. Each inversion is then checked against the active quality filter. Passing events produce a signal, and the rest are counted as filtered and dropped.
Every signal appears as a labelled arrow on the signal bar. Alongside it the indicator draws:
Historical signals keep their own boxes, so you can scroll back and review earlier setups. The most recent box extends with each tick until the stop or target is reached. If both levels fall inside the same bar, the stop is treated as hit first, which is the more cautious assumption.
Each inversion is graded on three measures: gap size relative to ATR, candle body ratio and candle range relative to ATR.
| Mode | Behaviour |
|---|---|
| Off | Every inversion passes, giving the most signals |
| Loose | Light filtering |
| Balanced | Middle setting, a sensible starting point |
| Strict | Fewer, cleaner-looking inversions |
| Custom | You set the thresholds for all three measures |
The indicator reads price and ATR data, so it can be attached to forex pairs, indices, metals, crypto and other symbols offered by your MT5 broker, on any timeframe. Gap sizes and noise differ widely between instruments and timeframes, so test the filter mode on each symbol you plan to follow.
Inputs are grouped as shown below. Check the defaults in the inputs tab after loading it, as they are not listed here.
| Group | What it controls |
|---|---|
| IFVG engine | Size of the gap memory, maximum gap age, minimum gap size in ticks, box duration in bars, signal lookback |
| IFVG filter | Filter mode, custom gap, body and range thresholds, break buffer |
| Entry model | Entry price mode, ATR length, stop multiplier, take-profit R-multiple |
| Visuals | Colours for arrows, entry line, stop and target |
The signal lookback input limits how far back arrows are plotted, which keeps the chart readable when a lot of history is loaded.
A small panel in the top-left corner shows the active filter, status, total signals, wins, losses, win rate and the number of filtered inversions. These figures come from the indicator's own simulated stop and target logic on the loaded history. They do not include spread, slippage or commission. Live signals can also trigger a pop-up alert and an MT5 push notification that states the symbol, timeframe, direction and entry price.
Trading carries risk, and past results do not predict future ones. Signals and the dashboard statistics are tools for analysis, not advice or a promise of outcome. Test on a demo account, size positions carefully and never risk money you cannot afford to lose.
If no arrows appear, make sure the chart has enough loaded history and that the signal lookback is not set too short.
| Product type | Indicator |
|---|---|
| Platform | MetaTrader 5 only |
| Strategy focus | Signals |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Indicator (signals) |
| Concept | Inverse fair value gap (Smart Money Concepts style) |
| Markets | Forex, indices, metals, crypto and other symbols your broker offers |
| Timeframes | All MT5 timeframes |
| Trade style | Signal arrows with ATR-based SL and R-multiple TP |
| Alerts | Pop-up alert and MT5 push notification |
| Requirements | MT5 terminal; push needs a MetaQuotes ID set in the terminal |
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No. It is an indicator, so it draws arrows, boxes and price lines and sends alerts. You decide whether to place a trade and you do so manually, or with your own tools.
No. This product is built for MetaTrader 5 only. It will not load in MT4, so make sure your broker account runs on MT5 before buying.
The Balanced mode is the middle setting and a reasonable place to begin. Compare it with Loose and Strict on your own symbol and timeframe using a demo account, then adjust to suit how selective you want the signals to be.
It should run with any broker that offers MT5, because it reads price data from the chart. Symbol names, spreads and tick sizes differ between brokers, so check the signals on a demo account first.
Install the MetaTrader mobile app, copy your MetaQuotes ID from it, and paste it into the Notifications tab in the desktop terminal options. Then enable push notifications in the indicator inputs if that option is shown.
No. The dashboard counts outcomes of the indicator's own signal layout on the loaded chart history. It ignores spread, slippage, commission and your own decisions. Trading carries risk, and past results do not predict future ones.
IFVG Sniper Entry Engine
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