Summary of 📥 Combined Fair Value Gap (FVG-IFVG + SFP) Indicator for MT4&5 Free Download - [TradingFinder]
The video presents a detailed tutorial on the Combined Fair Value Gap (FVG-IFVG) and Swing Failure Pattern (SFP) indicator designed for MetaTrader 4 and 5, tailored to the ICT trading style. This free downloadable tool helps traders identify key price zones and potential trend reversals by analyzing price action relative to fair value gaps and swing failure patterns.
Main Financial Strategies and Market Analyses:
- Fair Value Gap (FVG) & Internal Fair Value Gap (IFVG): The indicator automatically detects and marks these price ranges on the chart. FVGs represent price inefficiencies or gaps where liquidity is expected to be collected.
- Swing Failure Pattern (SFP): This pattern signals potential trend reversals or the end of corrective moves when price breaks through an FVG/IFVG level but then closes back inside or above it.
- Liquidity Collection and Price Reversal: The indicator tracks price movement toward and away from FVG/IFVG zones, signaling when liquidity has been taken and a reversal or continuation is likely.
- Use of Candlestick Patterns: SFP signals are based on candlestick bodies and shadows (wicks), indicating false breakouts or failed attempts to break key levels.
Methodology / Step-by-Step Guide to Using the Indicator:
- Installation & Setup:
- Download the indicator file from the TradingFinder website for MT4 or MT5.
- Load the indicator from the Navigator section on the trading platform.
- Enable “Allow DLL Imports” in the settings before confirming.
- Indicator Functionality:
- The indicator automatically identifies and draws FVG and IFVG ranges with colored boxes.
- It detects SFP signals when price breaks and then reverses relative to these gaps.
- Customization Options:
- Set the number of candles used to identify FVG/IFVG and SFP.
- Choose from five different FVG identification modes, balancing between quantity and quality of identified gaps.
- Customize the display style of FVG boxes (solid, dotted, etc.).
- Enable or disable the display of IFVG, FVG, and SFP signals independently.
- Adjust candlestick length for breakout detection (default is 4 candles).
- Choose SFP detection mode based on wick or body breaks.
- Enable combined SFP display (both wick and body) for more comprehensive reversal signals.
- Set colors for support and resistance zones for better visual clarity.
- Signal Interpretation:
- When price closes above an FVG after a pullback, an SFP signal indicates a likely trend reversal or end of correction.
- SFPs based on false breakouts provide actionable reversal signals.
Business Trend:
- The indicator supports algorithmic and technical analysis-based trading by automating complex price action concepts.
- It aligns with ICT (Inner Circle Trader) methodology, a popular approach among professional traders focusing on liquidity and order flow.
Presenters / Sources:
- The tutorial is presented by TradingFinder, the developers of the indicator, as shown on their website and within the video demonstration.
- No individual presenter names are mentioned.
This summary captures the core functionality, trading strategies, and user guidance for the Combined Fair Value Gap and Swing Failure Pattern indicator designed for MT4 and MT5 platforms.
Notable Quotes
— 00:00 — « No notable quotes »
Category
Business and Finance