iFVG (BPR)

This indicator detects Fair Value Gaps (FVGs) and Inversion Zones (iFVGs) based concept from the ICT methodology.
An iFVG forms when a bullish and a bearish FVG overlap, creating a double imbalance zone. These are high-reaction points often targeted by smart money.

🔷 What It Detects

• Bullish FVG: When the high of Candle 1 is lower than the low of Candle 3
  
• Bearish FVG: When the low of Candle 1 is higher than the high of Candle 3
  
• iFVG (or BPR): When a bullish and bearish FVG overlap, forming a double imbalance zone
  

🔷Mitigation Logic

• An FVG or BPR becomes an iFVG when price closes against its original bias Once this happens, the zone is reclassified as a potential support or resistance (iFVG)
  
• If price later mitigates the iFVG, all visual elements are automatically removed to keep the chart clean
  

🔷Visual Output

• Standard FVGs: Customizable lines between Candle 1 and Candle 3
  
• iFVGs (mitigated BPRs): Adjustable and highlighted rectangles to show the full zone
  
• Mitigation Type: FVG or iFVG zones disappear when 50% of the zone is reached
  

🔷Custom Settings

• Show Last Zones: Set how many recent zones to display on the chart (max 100)
  
• Mitigation Type: Based on the percentage of zone coverage
  
• Color & Style: Customize the appearance of FVG and iFVG zones
  

🔷 Use Case
This indicator is designed for real-time institutional analysis, helping traders identify:

• Recent imbalances (FVGs)
  
• Confluence zones (iFVGs = BPRs)
  
• High-reaction points in the market
  
• Ideal when combined with market structure, liquidity levels, and Kill Zones
  
• Best used in combination with market structure, liquidity zones, and Kill Zone timing.