The FVG Sessions indicator highlights the first fair value gap of the trading session as well as the session range. Detected fair value gaps extend to the end of the trading session.
Alerts are included on the formation of a session fair value gap, price being within a session fair value gap, mitigations, and price crossing session fair value gaps average.
🔶 USAGE
Trader ICT states that the first fair value gap of the trading session can attract the most significant reaction. Having only one FVG per session allows users to further focus on that precise imbalance as well as external elements.
The mitigation of a fair value gap is clearly indicated on the chart with a more transparent color allowing users to see inverse FVGs.
Extending the fair value gaps allows the imbalance area to provide potential support and resistance.
Do note that this script should be used on intraday charts.
🔶 ALERTS
The script includes the following alerts:
🔹 Bullish/Bearish FVG
Alerts on the formation of the first bullish or bearish FVG of the session.
🔹 Bullish/Bearish FVG Mitigation
Alerts when the first bullish or bearish FVG of the session is mitigated.
🔹 Price Within FVG
Alerts when price is within the first bullish or bearish FVG area of the session.
🔹 Price Cross FVG Average
Alerts when price cross the average level of the first bullish or bearish FVG of the session.
Can you make an option to chose to find the first 5m fvg during 10-11am so that we can use it for ICTs Silver Bullet . That would be a game changer! Back test it, it's quite impressive
Could you add a param to change the time of the first FVG? As is now is GMT+0. For me that means GMT+3 and is displayed at 03:00 in the morning. If you can choose the time of the first FVG, this indicator will be OP!!
Pratik_4Clover
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Thanks alex, this is something I've been looking for long time.
ak85tripathi
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What will be time interval for new resistance and support, as if the trend is in one direction, how will it be identified ?
Sem19678
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Добрый день. Сам сейчас только смотрел начало торговых секций за прошлые 10 дней . Вы как всегда большой молодец. Спасибо огромное за ваш труд.