OPEN-SOURCE SCRIPT
Mis à jour Leading FVG Indicator
This is a FVG (Fair Value Gap) Indicator
The indicator sends a Engine Call (E) - that suggests a BUY or SELL based on the H1 Bullish or Bearish bias. Once Engine call is got wait for the price to fall or rise to the next FVG and buy or sell at that FVG based on the bias. Dont buy when FVG box is red in a Bull bias or Blue in a Bear bias. Take profit based on your risk appetite. It doesnot give any exit signals.
The indicator sends a Engine Call (E) - that suggests a BUY or SELL based on the H1 Bullish or Bearish bias. Once Engine call is got wait for the price to fall or rise to the next FVG and buy or sell at that FVG based on the bias. Dont buy when FVG box is red in a Bull bias or Blue in a Bear bias. Take profit based on your risk appetite. It doesnot give any exit signals.
Notes de version
Some changes to coloursNotes de version
Leading FVG (Fair Value Gap), Order Block(OB) and Breaker Block (BB) IndicatorThis gives an Engine Call E, post which you can take a BUY (if its Bull Bias) when the 1 min candle hits the FVG/OB or BB. Gives pretty decent results. You can either wait for weak high (for Longs) or weak low (for Shorts) to exit or exit based on your risk appetite. Use in conjunction with LuxAlgo's - Smart Money Concepts to indentify potential exit points.
Keep Chart Timeframe at 1 min.
FVG, OB and BB are calculated for 15 min internally
Engine Calls (E) is internally set to 5 min.
Notes de version
Updated to display Bullish or Bearish Bias based on 30 min 50/20 EMA.Notes de version
Further Updates.- Made Bullish and Bearish bias always appear on the right top corner.
- Bearish Engine Calls on a BULL bias will still appear. Left to user to evaluate risks of going short on a BULL bias.
- Not that engine calls are triggers to prepare you for a trade. It doesnt mean you need to take a position as soon as a 'E' symbol appears. Trade should be taken only when the 1 minute close is within the FVG/BB/OB blocks. Make sure you take a trade only when the color of the blocks match the color of the bias (Green or Red)
Notes de version
Updated this to show Weak High, Weak Low, Strong Low, Strong High.- With these the indicator acts as a self contained unit which gives you entries on the FVG blocks and suggests exits on Weak High, Weak Low.
- Stop outs can be put at Strong High and Strong Low.
Notes de version
- Added alert facility for Engine calls and Trade Entry.Notes de version
- Added Take Profit alerts at Weak High and Weak Low for BULLISH and BEARISH signals respectively.Notes de version
- A number of bug Fixes.Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.