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

The Inversion Fair Value Gaps Indicator is engineered to detect and visualize inversions of Fair Value Gaps. This TradingView ICT indicator delineates IFVG regions on the chart, employing green boxes for bullish trends and red boxes for bearish trends.
Roughly 50% of these regions hold substantial importance, prompting the indicator to denote the midpoint of such areas with a black line.

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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Inversion Fair Value Gaps Indicator Specifications
The following outlines the primary features and specifications of the indicator:

1. Indicator Categories:
   1. ICT TradingView Indicators
   2. Smart Money TradingView Indicators
   3. Liquidity TradingView Indicators

   
   

2. Platforms:
   1. TradingView Indicators

   
   

3. Trading Skills:
   1. Advanced

   
   

4. Indicator Types:
   1. Reversal TradingView Indicators

   
   

5. Timeframe:
   1. Multi-Timeframe TradingView Indicators

   
   

6. Trading Style:
   1. Intraday TradingView Indicators

   
   

7. Trading Instruments:
   1. TradingView Indicators in the Forex Market
   2. Cryptocurrency TradingView Indicators
   3. Stock TradingView Indicators
   4. Commodity TradingView Indicators
   5. Share Stocks TradingView Indicators

Overview of the Indicator
Typically, price adheres to Fair Value Gaps (FVGs) and sustains the prevailing trend direction. Nevertheless, upon breaching an FVG, it evolves into an Inversion Fair Value Gap (IFVG). In these instances, the region's function shifts, suggesting a temporary pullback or a prospective trend reversal.

Bullish Trend Conditions
The green box illustrated on the chart signifies a bullish IFVG region. As observed in the Bitcoin (BTC) price chart on a 15-minute timeframe, the price retests the IFVG region and subsequently resumes its upward trajectory.

Bearish Trend Conditions
Drawing from the GBP/USD pair examination on a 15-minute timeframe, the price behavior exhibits a brief retracement.
The price revisits the IFVG region, undergoes testing within the range, and perpetuates its preceding downtrend. Such retests of these regions present optimal entry points for trades.

Indicator Settings
The configuration options for the Inversion Fair Value Gaps indicator are adjustable as detailed below:

Global Setting

1. Show All Inversion FVG: Enables the display of all IFVGs.

1. FVG & IFVG Validity Period (Bar): Establishes gap validity at 500 bars.

1. Switching Colors Theme Mode: Configures the indicator's theme.

Inversion FVG

1. Show Bearish Inversion FVG: Activates visibility of bearish IFVGs.

1. Show Bullish Inversion FVG: Activates visibility of bullish IFVGs.

1. Mitigation Level IFVG: Defines the mitigation level for IFVGs.

FVG

1. FVG Filter: Specifies criteria for IFVG identification.

Alert

1. Alerts Name: Designates the name for alerts.

1. Alert Inversion FVG Mitigation: Triggers alerts upon IFVG mitigation.

1. Message Frequency: Determines the frequency of alert messages.

1. Show Alert Time by Time Zone: Bases alert timestamps on the UTC time zone.

1. Display More Info: Includes supplementary details in messages.

Conclusion
The Inversion Fair Value Gaps Indicator is formulated on the principles of Fair Value Gap inversions (IFVG) within the ICT strategy, marking IFVG regions via colored boxes. These regions function as price retracement zones, affording opportunities for trade entries in alignment with the dominant market trend.
By default, the validity of these zones extends to 500 bars, implying that the areas retain relevance for up to this number of candles and cease formation beyond this duration. This robust trading instrument is extensively acknowledged and categorizes under TradingView Smart Money indicators, rendering it exceptionally beneficial for traders.