FVG & Inversion Fair Value Gap ICT Indicator to TradingView- Free

The FVG and Inverse Fair Value Gap (IFVG) Indicator is a sophisticated technical tool designed for traders who employ Smart Money and Inner Circle Trader (ICT) strategies. This indicator automatically identifies and visualizes key price imbalances on a chart, providing traders with potential supply and demand zones and entry points.

You can access the Indicator from this link:

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

You can access the Indicator on the TradingView website:

https://www.tradingview.com/script/r...ue-Gap-Signal/

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Understanding Fair Value Gaps and Their Inversion
At its core, the indicator identifies Fair Value Gaps (FVG), which are price inefficiencies often caused by strong buying or selling pressure.

1. A bullish FVG is marked by a green box and indicates a potential support level.

1. A bearish FVG is marked by a red box and signals a potential resistance level.

The indicator's key feature is its ability to identify an Inversion Fair Value Gap (IFVG). This occurs when a Fair Value Gap is completely breached by price action. Once an FVG is broken, its nature reverses. For example, a broken bearish FVG (resistance) transforms into a bullish IFVG (support), and a broken bullish FVG (support) becomes a bearish IFVG (resistance). These inversion zones are highlighted with a lighter color to distinguish them from the original FVG.

How the Indicator Functions in Different Trend Conditions
The indicator's value lies in its application to trend reversal analysis. FVG and IFVG zones are considered critical areas where price is likely to retrace before continuing its primary direction.

1. Bullish Trends: In a bullish trend, a bearish FVG (red box) that is broken by the price becomes a bullish IFVG. This newly formed green box then acts as a support zone, where the price may return before the bullish trend resumes.

1. Bearish Trends: Conversely, in a bearish trend, a bullish FVG is breached by the price and inverts into a bearish IFVG. This new zone acts as a resistance level, where the price is expected to react and continue the bearish movement.

Key Features and Customizable Settings
The indicator is designed to be highly customizable, allowing traders to tailor its function to their specific trading style.

1. Display Options: You can choose to display all FVGs and IFVGs, or filter for specific types.

1. Validity Period: The indicator's calculation can be adjusted by setting the number of candles it analyzes (default is 500 bars).

1. Alerts: Customizable alerts can be set for when a price action "mitigates" an FVG or an IFVG, providing automated notifications for potential trading opportunities. This includes setting the alert name, frequency, and time zone.

1. Theme: The color theme can be adjusted to match the user's chart preferences.

This tool is categorized as an advanced, multi-timeframe indicator suitable for intraday trading across a wide range of instruments, including Forex, cryptocurrencies, stocks, and indices.

Conclusion
The FVG & IFVG Indicator is a powerful tool for advanced traders, identifying crucial supply and demand zones based on the ICT trading strategy. By visually mapping out Fair Value Gaps and their inversions, it helps traders pinpoint optimal entry and exit points for potential trend reversals and continuations.