The CISD – CSD + FVG – IFVG indicator (MT4) is an ICT-style tool for MetaTrader 4 that identifies Fair Value Gaps (FVG) and Inverse FVGs (IFVG) to mark Change in Delivery Price (CISD) levels. These zones signal shifts in market structure, highlighted by green (bullish) and red (bearish) arrows for precise entries.
You can download it from this link:
https://cdn.tradingfinder.com/file/2...4-by-tflab.zip
You can also access the MetaTrader 5 version of this indicator through this page:
https://www.metalsmine.com/thread/13...ired-liquidity
For instructions on how to install:
https://www.forexfactory.com/thread/...-in-metatrader
CISD – CSD + FVG – IFVG Specifications
| Category | ICT - Smart Money - Signal & Forecast |
| Platform | MetaTrader 4 |
| Skill Level | Advanced |
| Indicator Type | Continuation & Reversal |
| Timeframe | Multi-Timeframe |
| Trading Style | Day Trading |
| Markets | Forex, Indices, Commodities, Crypto |
Bullish Signal – Green Arrow on FVG Break
On the USD/CAD 30M chart, the indicator detects a bullish FVG consumption (price closing above the last opposing candle) and marks it with a green arrow. This confirms a CISD level, signaling a potential long entry.
Key Use Case: Ideal for spotting bullish reversals after FVG fills in trending markets.
Bearish Signal – Red Arrow on IFVG Break
In the example below, price consumes an IFVG (closing below the last opposing candle), triggering a red arrow. This indicates a bearish CISD level, offering a high-probability short entry.
Key Use Case: Effective for catching downtrend continuations in indices or forex pairs.
Customizable Settings for Advanced Traders
The indicator offers granular control over FVG/IFVG detection:
You can download it from this link:
https://cdn.tradingfinder.com/file/2...4-by-tflab.zip
You can also access the MetaTrader 5 version of this indicator through this page:
https://www.metalsmine.com/thread/13...ired-liquidity
For instructions on how to install:
https://www.forexfactory.com/thread/...-in-metatrader
Inserted Video
CISD – CSD + FVG – IFVG Specifications| Category | ICT - Smart Money - Signal & Forecast |
| Platform | MetaTrader 4 |
| Skill Level | Advanced |
| Indicator Type | Continuation & Reversal |
| Timeframe | Multi-Timeframe |
| Trading Style | Day Trading |
| Markets | Forex, Indices, Commodities, Crypto |
Bullish Signal – Green Arrow on FVG BreakOn the USD/CAD 30M chart, the indicator detects a bullish FVG consumption (price closing above the last opposing candle) and marks it with a green arrow. This confirms a CISD level, signaling a potential long entry.
Key Use Case: Ideal for spotting bullish reversals after FVG fills in trending markets. Bearish Signal – Red Arrow on IFVG BreakIn the example below, price consumes an IFVG (closing below the last opposing candle), triggering a red arrow. This indicates a bearish CISD level, offering a high-probability short entry.
Key Use Case: Effective for catching downtrend continuations in indices or forex pairs. Customizable Settings for Advanced TradersThe indicator offers granular control over FVG/IFVG detection:
- FVG/IFVG Display: Toggle visibility of Fair Value Gaps.
- Last FVG/IFVG Show: Highlight recent gaps for quick analysis.
- CISD Break Limit: Adjust sensitivity for trend confirmation.
- Zone Coloring: Customize support/resistance shades.
Why This Indicator Stands Out
- ICT-Aligned Logic: Follows Smart Money Concepts (SMC) for institutional-level entries.
- Multi-Market Utility: Works on forex, indices, and crypto.
- Clear Visual Signals: Arrows + FVG shading eliminate guesswork.
Best For: Day traders using ICT strategies who need liquidity-based confirmations.
Conclusion
The CISD – CSD + FVG – IFVG indicator is a powerful MT4 tool combining FVG/IFVG zones and CISD levels to forecast trend shifts. With real-time arrows and customizable alerts, it’s tailored for traders who rely on order flow and liquidity analysis.
Pro Tip: Pair with volume profile or market structure breaks for higher accuracy.
