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An MT5 indicator that finds fair value gaps, marks the ones price closes through as inverted zones, and plots arrows when price retests them. It can send popup, sound, email and push alerts.
Get one message the moment it launches, with its price.
Inversion Fair Value Gaps IFVG is an indicator for MetaTrader 5 that marks price imbalances on the chart and follows them until price closes through them. At that point the zone is treated as inverted, and later retests are flagged with triangle signals and optional alerts.
A fair value gap is a three-candle pattern in which the first and third candles leave a range that the middle candle moved through without trading back into. The indicator looks for these gaps on every closed bar and ignores those that are too small to matter.
Each inverted zone is drawn in two parts. The left part, in the original gap colour, shows where the gap formed. The right part, in the inverted colour, shows the area that remains active. A dashed midline can mark the 50% level, and an optional layer shows raw gaps that have not inverted yet.
The indicator reads only price data, so it can be attached to forex pairs, metals, indices and crypto symbols, on any timeframe from M1 to W1. Lower timeframes produce more zones and more noise, while higher ones give fewer but broader zones. Check how it behaves on your own symbols before relying on it.
The inputs cover zone count, touch method, gap filter, colours, midlines, signals and alerts. The defaults below are a guide only, so confirm them in the input dialog after installation.
| Input | Purpose |
|---|---|
| Show last pairs | How many active bullish and bearish zone pairs to display |
| Signal preference | Use the candle body close or the wick to detect inversion and retests |
| ATR multiplier | Scales the minimum gap size derived from ATR |
| Transparency | Opacity of the zone fill |
| Draw FVG and midlines | Show raw gaps and 50% lines on gaps or inverted zones |
| Show signals | Plot triangles on retests |
| Bars to process | Depth of the historical look-back |
| Alert options | Master switch plus popup, sound, email and push |
This indicator is an analysis aid and does not place trades. Trading carries risk and past results do not predict future ones. Use appropriate position sizes and stop levels, and test on a demo account first.
| Product type | Indicator |
|---|---|
| Platform | MetaTrader 5 only |
| Strategy focus | Signals, Support and resistance, Volume |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Indicator (no automatic trading) |
| Concept | Fair value gaps and their inversion, Smart Money and ICT style |
| Markets | Any symbol your broker offers: forex, crypto, indices, metals |
| Timeframes | M1 to W1 |
| Output | Zones, midlines, triangle signals and alerts |
| Trade style | Discretionary analysis for intraday and swing trading |
| Requirements | MT5 terminal with enough chart history loaded |
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It is built for MetaTrader 5 and will not load in MetaTrader 4. If you trade on MT4, look for a product made for that platform.
No. It is a chart indicator that draws zones, midlines and signal triangles and can send alerts. Any decision to enter or exit a trade is yours, and you should combine it with your own risk rules.
Any broker that provides MT5 works, because the indicator only reads price history. It can be attached to any symbol and any timeframe from M1 to W1. Make sure the chart has enough history loaded for the look-back depth you choose.
Use the master alert switch in the inputs, then enable the types you want: popup, sound, email or push. Email and push notifications also need to be configured in the MT5 options (Tools, then Options) before they can be delivered.
Most users start with the number of zone pairs shown, the touch preference (body close or wick) and the ATR multiplier, which controls how small a gap can be before it is ignored. Test changes on a demo account and across several symbols before relying on them.
No. Signals show where price interacted with a flipped zone, not what it will do next. Trading carries risk and past results do not predict future ones.
Inversion Fair Value Gaps IFVG
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