FVG MTF II, multiple time frame Fair Value Gap

9 déc. 2020

This is FVG indicator, it outlines the location of the efficiently traded candle.
Areas that were traded in one direction, representing volume and unfilled gaps or hidden gaps in price.
An area where Price pass through long or short only, leaving it inefficiently traded and where the market with high probility might return to trade this area in a later time in the other direction leaving it efficiently traded or to rebalance.
you can use up to multiple time frames, for full market visibility.

Indentifies market impulsive move away from Order Block
This indicator captures 99.9% of FVG on your chart

This indicator works:
on every timeframe (eg. 1M, 5M, 15M, 30M, 1H, 4H, 6H, D, ...) up to 5 at the same time.
on cryptocurrencies (eg. BTCUSD, ETHUSD , ETHBTC, and BTC markets, ...)
on forex (eg. EURUSD , GPBUSD, NZDUSD , ...)
on stocks (eg. NKE, TSLA , AXP, BA, ...)
on commodities (eg. GOLD, SILVER, ...)

This indicator has following options:
edit color and size of label, you can choose your color base on your interedted time frame.
Please Pm me for use of indicator.

27 déc. 2020

Notes de version

updated color to differentiate long and short