Inversion Fair Value Gaps (IFVG) Indicator in ICT to TradingView

The Inversion Fair Value Gaps (IFVG) Indicator on TradingView is a specialized technical tool designed to identify and plot areas where a Fair Value Gap (FVG) has been "inverted." This indicator is a key component of ICT (Inner Circle Trader) trading strategies and is highly valuable for identifying potential price retracement zones and high-probability trading setups. Bullish IFVG areas are visually represented by green boxes, while bearish IFVG areas are marked with red boxes. A black line in the middle of these zones highlights the 50% level, which is often a significant point of interest for traders.

You can access the Indicator from this link:

https://tradingfinder.com/products/i...ir-value-gaps/

You can access the Indicator on the TradingView website:

https://www.tradingview.com/script/p...-Signal-Alert/

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Indicator Specifications and Market Applications
This advanced, multi-timeframe indicator is suitable for intraday trading across a wide range of financial markets, including Forex, cryptocurrencies, stocks, and commodities. As a Smart Money and Liquidity indicator, it is used to identify reversal points and capitalize on sophisticated market movements.

1. Understanding IFVGs: A Fair Value Gap is an imbalance in the market, often acting as a magnet for price. When the price breaks through an FVG instead of respecting it, the FVG is "inverted" and becomes an Inversion Fair Value Gap. The role of this area reverses, now acting as a new support or resistance level for a potential short-term retracement or a significant trend reversal.

1. Bullish Conditions: The indicator plots a green box to signify a bullish IFVG area. After breaking through a previous bearish FVG, the price often returns to test this newly formed bullish IFVG before continuing its upward trend. These retests provide excellent opportunities for traders to enter long positions.

1. Bearish Conditions: Conversely, a red box indicates a bearish IFVG area. Once the price breaks a previous bullish FVG, it may retrace to this new bearish IFVG. Upon testing this level, the price often resumes its original downtrend. This price action creates high-probability entry points for short positions.

Customizable Indicator Settings
The Inversion Fair Value Gaps indicator offers extensive customization options, allowing traders to fine-tune its performance.

1. Global Settings:
   1. Show All Inversion FVG: This option allows traders to display every detected IFVG on the chart.
   2. FVG & IFVG Validity Period (Bar): By default, the validity of these zones is set to 500 bars, meaning the indicator will stop plotting the zone after this period.
   3. Switching Colors Theme Mode: This feature adjusts the indicator's color scheme to match the chart's background.

   
   

2. Inversion FVG & FVG Settings:
   1. Show Bearish/Bullish Inversion FVG: Traders can choose to display either or both types of IFVGs.
   2. Mitigation Level IFVG: This setting controls the display of the mitigation level within the IFVG.
   3. FVG Filter: An additional filter can be applied to refine the identification of IFVGs.

   
   

3. Alerts:
   1. Alerts: The indicator provides customizable alerts for key events.
   2. Alert Inversion FVG Mitigation: This specific alert notifies traders when the price tests a significant IFVG level.
   3. Customization: Users can set a custom alert name, frequency, and display the alert time based on their local time zone.

Conclusion
The Inversion Fair Value Gaps Indicator is a powerful trading tool built upon the core principles of the ICT strategy. It is designed to identify and highlight crucial price retracement zones, offering high-probability entry points that align with the prevailing market trend. By effectively identifying these Smart Money concepts, the indicator helps traders navigate market volatility and make more informed decisions.