OPEN-SOURCE SCRIPT
ICT BPR [KTY]
ICT BPR (Balanced Price Range) Indicator
[ Overview ]
This indicator automatically detects and displays Balanced Price Range (BPR) zones based on ICT (Inner Circle Trader) methodology.
BPR forms when a bullish FVG and bearish FVG overlap, creating a zone where buying and selling pressure are balanced.
[ Key Features ]
Automatic BPR Detection
- Identifies areas where opposing FVGs overlap
- Bullish BPR: Bullish FVG overlaps above bearish FVG
- Bearish BPR: Bearish FVG overlaps above bullish FVG
Visual Display
- Clear box zones showing BPR areas
- Customizable colors for bullish and bearish BPR
- Option to show mitigated (broken) BPR zones in gray
Dynamic Updates
- BPR zones extend automatically
- Zones are removed when price breaks through (unless mitigated display is enabled)
[ How to Use ]
1. Identify BPR zones on your chart
2. Watch for price reaction when re-entering the BPR zone
3. Combine with OB, OTE, or Market Structure for confluence
4. Use BPR levels as reference points for stop-loss or targets
Pro Tips:
- BPR aligned with Order Block increases significance
- Larger overlapping FVGs create more important BPR zones
- Most effective in trending markets with clear FVG formations
[ Settings ]
Show BPR: Toggle BPR display on/off
Bullish BPR Count: Number of bullish BPR zones to display
Bearish BPR Count: Number of bearish BPR zones to display
Show Mitigated BPR: Display broken BPR zones in gray
Label Color: Customize text color inside BPR boxes
[ Alerts ]
Bullish BPR Detected
Bearish BPR Detected
Bullish BPR Retest
Bearish BPR Retest
[ Notes ]
This indicator is designed for educational purposes.
BPR zones do not guarantee price reversal.
Always combine with proper risk management.
If you find this indicator helpful, please leave a like and follow for more ICT-based tools!
[ Overview ]
This indicator automatically detects and displays Balanced Price Range (BPR) zones based on ICT (Inner Circle Trader) methodology.
BPR forms when a bullish FVG and bearish FVG overlap, creating a zone where buying and selling pressure are balanced.
[ Key Features ]
Automatic BPR Detection
- Identifies areas where opposing FVGs overlap
- Bullish BPR: Bullish FVG overlaps above bearish FVG
- Bearish BPR: Bearish FVG overlaps above bullish FVG
Visual Display
- Clear box zones showing BPR areas
- Customizable colors for bullish and bearish BPR
- Option to show mitigated (broken) BPR zones in gray
Dynamic Updates
- BPR zones extend automatically
- Zones are removed when price breaks through (unless mitigated display is enabled)
[ How to Use ]
1. Identify BPR zones on your chart
2. Watch for price reaction when re-entering the BPR zone
3. Combine with OB, OTE, or Market Structure for confluence
4. Use BPR levels as reference points for stop-loss or targets
Pro Tips:
- BPR aligned with Order Block increases significance
- Larger overlapping FVGs create more important BPR zones
- Most effective in trending markets with clear FVG formations
[ Settings ]
Show BPR: Toggle BPR display on/off
Bullish BPR Count: Number of bullish BPR zones to display
Bearish BPR Count: Number of bearish BPR zones to display
Show Mitigated BPR: Display broken BPR zones in gray
Label Color: Customize text color inside BPR boxes
[ Alerts ]
Bullish BPR Detected
Bearish BPR Detected
Bullish BPR Retest
Bearish BPR Retest
[ Notes ]
This indicator is designed for educational purposes.
BPR zones do not guarantee price reversal.
Always combine with proper risk management.
If you find this indicator helpful, please leave a like and follow for more ICT-based tools!
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.
Hi, I'm Kim Thank You 👋
KTY = Kim Thank You (김땡큐)
After years of trading, I've studied countless technical analysis methods.
Now I create and share indicators based on that experience 📊
KTY = Kim Thank You (김땡큐)
After years of trading, I've studied countless technical analysis methods.
Now I create and share indicators based on that experience 📊
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.
Hi, I'm Kim Thank You 👋
KTY = Kim Thank You (김땡큐)
After years of trading, I've studied countless technical analysis methods.
Now I create and share indicators based on that experience 📊
KTY = Kim Thank You (김땡큐)
After years of trading, I've studied countless technical analysis methods.
Now I create and share indicators based on that experience 📊
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.