Balanced Price Range (BPR FVG+IFVG) Indicator in ICT TradingView

The Balanced Price Range (BPR) Indicator is a powerful TradingView tool designed to identify key price retracement zones where liquidity and market reactions are strongest. Based on ICT (Inner Circle Trader) concepts, this indicator highlights areas where Fair Value Gaps (FVGs) overlap, creating high-probability trade entry points.


Why BPR Zones Matter

1. Formed by the convergence of bullish and bearish FVGs.

1. Act as liquidity pools, attracting price retracements.

1. Provide optimal entry zones for reversals and continuations.

You can access the Indicator from this link:

https://tradingfinder.com/products/i.../bpr-fvg-ifvg/

You can access the Indicator on the TradingView website:

https://www.tradingview.com/script/U...-BPR-FVG-IFVG/

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Key Features of the BPR Indicator

1. Visualized Trading Zones

1. Bullish BPR Zones → Marked in blue boxes (price tends to bounce upward).

1. Bearish BPR Zones → Marked in orange boxes (price tends to reject downward).

2. Multi-Market & Multi-Timeframe Compatibility
Works across:

1. Forex (GBP/USD, EUR/USD, etc.)

1. Cryptocurrencies (XRP, BTC, etc.)

1. Stocks & Indices

1. Commodities (Gold, Oil, etc.)

3. Advanced ICT-Based Logic

1. Detects Fair Value Gaps (FVGs) & Imbalance FVGs (IFVGs).

1. Filters out weak zones, focusing only on high-probability BPR retracements.

How the BPR Indicator Works

Bullish BPR Example (XRP/USD – 15M Chart)

1. The indicator identifies a bullish BPR zone (blue box).

1. Price retraces into the zone, confirming support before a strong bullish reversal.

Bearish BPR Example (GBP/USD – 15M Chart)

1. A bearish BPR zone (orange box) forms.

1. Price retests the zone and experiences a sharp bearish rejection, continuing the downtrend.

Customizable Indicator Settings
Traders can adjust the BPR Indicator for optimal performance:

Core Settings

1. Show All FVG & IFVG → Displays all imbalance zones.

1. FVG & IFVG Validity Period → Sets expiration (default: 500 candles).

1. Color Theme Mode → Adjusts visual styling.

Zone Visibility & Alerts

1. Show Bullish/Bearish BPR → Toggles zone displays.

1. Mitigation Level Alerts → Notifies when zones are tested.

1. FVG Filter → Customizes gap detection criteria.

Why Traders Should Use the BPR Indicator

1. Pinpoints High-Probability Entries → Trade where institutional liquidity resides.

1. Reduces False Signals → Focuses only on confirmed FVG overlaps.

1. Works in All Market Conditions → Effective in trends and ranges.

Conclusion
The Balanced Price Range (BPR) Indicator is an essential tool for traders using ICT-based strategies. By identifying key retracement zones, it helps:
Capture high-probability reversals
Avoid low-quality trade setups
Align with smart money movements
For best results, combine BPR zones with:

1. Volume analysis

1. Price action confirmations

1. Higher timeframe trend alignment

Pro Tip: Always wait for price confirmation (e.g., candlestick rejection or breakout) before entering trades within BPR zones.