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

The FVG and Inverse Fair Value Gap Indicator serves as a specialized tool for examining and delineating Fair Value Gap and IFVG regions.
This TradingView ICT indicator detects FVG zones and designates them with green boxes for bullish FVG or red boxes for bearish FVG. When these zones evolve into IFVG areas, they are illustrated with a gap and a corresponding color adjustment.

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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FVG & IFVG Indicator Specification
The principal specifications and attributes of the "FVG & IFVG" indicator are detailed as follows:

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. Indices TradingView Indicators
   5. Forward TradingView Indicators
   6. Share Stocks TradingView Indicators

Indicator at a Glance
Upon the price breaching a Fair Value Gap (FVG), it transforms into an Inversion Fair Value Gap (IFVG). The indicator accentuates IFVG zones using lighter shades relative to FVG zones. The FVG and IFVG zones constitute vital trend reversal regions within the ICT trading strategy. Generally, prices revisit these zones prior to continuing their dominant trend.

Bullish Trend Conditions
The trend penetrates the Fair Value Gap (red box), converting it into an Inversion Fair Value Gap (IFVG).
As depicted in the chart of the Cardano cryptocurrency (ADA) on a 15-minute timeframe, the existing zone (green box) provides support to the price during its rebound from the bullish trend.

Bearish Trend Conditions
As illustrated in the price chart of the AUD/USD currency pair on a 1-hour timeframe, the bullish FVG zone is violated by the price and converted into a bearish IFVG zone.
Within a bearish trend, the IFVG zone functions as resistance, facilitating the resumption of the bearish trend.

Indicator Settings
The configuration options for the FVG & IFVG Indicator are adjustable, as presented below:

Global Setting

1. Show All FVG: Enables the display of all Fair Value Gaps (FVG).

1. Show All Inversion FVG: Enables the display of all Inversion Fair Value Gaps (IFVG).

1. FVG & IFVG Validity Period (Bar): Specifies the number of candles for calculating FVGs and IFVGs, defaulting to 500.

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

FVG

1. Show Bullish FVG: Activates the display of bullish FVGs.

1. Show Bearish FVG: Activates the display of bearish FVGs.

1. Mitigation Level FVG: Defines the presentation of mitigation areas for FVGs.

1. FVG Filter: Selects the category of FVG to exhibit.

Inversion FVG

1. Show Bullish Inversion FVG: Activates the display of bullish IFVGs.

1. Show Bearish Inversion FVG: Activates the display of bearish IFVGs.

1. Mitigation Level IFVG: Defines the presentation of mitigation areas for IFVGs.

Alert

1. Alerts Name: Assigns a designation for alerts.

1. Alert FVG Mitigation: Initiates alerts upon Fair Value Gap (FVG) mitigation.

1. Alert Inversion FVG Mitigation: Initiates alerts upon Inversion Fair Value Gap (IFVG) mitigation.

1. Message Frequency: Regulates the frequency of alert transmissions.

1. Show Alert Time by Time Zone: Sets the time zone for alert time displays.

1. Display More Info: Incorporates supplementary details in alerts.

Conclusion
The FVG & IFVG Indicator recognizes reversal zones known as Fair Value Gap (FVG) and Inversion Fair Value Gap (IFVG). This TradingView Smart Money Indicator renders the specified zones on the chart through colored boxes.
The illustrated zones signify crucial supply and demand points, serving as prime entry zones for trades.