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FVG Instantaneous Mitigation Signals Indicator MT4 Download - Free - [TFlab]

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MetaTrader4

MetaTrader5
$4FreeFor a limited time
FVG Instantaneous Mitigation Signals Indicator MT4 Download - Free - [TFlab]
FVG Instantaneous Mitigation Signals Indicator MT4 Download - Free - [TFlab] 0
FVG Instantaneous Mitigation Signals Indicator MT4 Download - Free - [TFlab] 1
FVG Instantaneous Mitigation Signals Indicator MT4 Download - Free - [TFlab] 2
FVG Instantaneous Mitigation Signals Indicator MT4 Download - Free - [TFlab] 3
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The "FVG Instantaneous Mitigation signals" indicator identifies and highlights those fair value gaps (FVGs) filled quickly, marking them with arrow indicators.

This indicator MT4 ICT indicator draws a Trailing Stop toward the trend after identifying the fair value gap on the chart.

Table of FVG Instantaneous Mitigation Signals Indicator Specifications

The key specifications of the "FVG Instantaneous Mitigation signals" indicator are shown in the table below:

Indicator Categories:
ICT MT4 Indicators
Signal & Forecast MT4 Indicators
Levels MT4 Indicators
Platforms:
MetaTrader 4 Indicators
Trading Skills:
Intermediate
Indicator Types:
Reversal MT4 Indicators
Timeframe:
Multi-Timeframe MT4 Indicators
Trading Style:
Day Trading MT4 Indicators
Fast Scalper MT4 Indicators
Scalper MT4 Indicators
Trading Instruments:
Share Stocks MT4 Indicators
Forward Market MT4 Indicators
Indices Market MT4 Indicators
Commodity Market MT4 Indicators
Stock Market MT4 Indicators
Cryptocurrency MT4 Indicators
Forex MT4 Indicators

Indicator Overview

This MT4 signal and forecast indicator draws a trailing stop on the chart right when an FVG is mitigated. The trailing stop moves dynamically with the price, reducing the stop loss until the position reaches the desired profit level.

Bullish Trend Analysis

The 15-minute Bitcoin (BTC) chart on the MetaTrader 4 platform demonstrates how the FVG Instantaneous Mitigation signals indicator works during a bullish trend.

In an uptrend, the indicator detects the instantaneous filling of an FVG and highlights it with a green arrow. The trailing stop starts exactly at that point and forms with the price.

Bullish Trend Analysis on MetaTrader 4
Formation of the Trailing Stop and display of FVG on the Bitcoin (BTC) chart.

Bearish Trend Analysis

According to the 1-hour EUR/USD chart, the indicator detects the instantaneous filling of an FVG with the help of a red arrow during a bearish trend.

The trailing stop is created above the price and moves with the price.

Bearish Trend Analysis on MetaTrader 4
Formation of the Trailing Stop and display of FVG on the EUR/USD chart.

Indicator Settings

The options for customizing the indicator settings are as follows:

Adjustable Options in the Settings
Settings for the FVG Instantaneous Mitigation Signals Indicator
  • Color Theme of Chart and Object: Theme for the Indicator Setting.
  • Filter with width: Filter based on the width of the fair value gap;
  • Width value: The width of the fair value gap set to 10;
  • ATR Multiplier: The Average True Range (ATR) multiplier is set to 3.0.

Conclusion

The FVG Instantaneous Mitigation Signals indicator is designed to identify quickly mitigated fair value gaps (FVGs) and create a Trailing Stop.

TheTrailing Stop moves dynamically with the price and reduces the Stop Loss as the price moves towards the desired profit. Additionally, this tool is part of the MT4 Level indicators category.

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FAQs

What is the purpose of the Trailing Stop in this indicator?

The Trailing Stop provides a suitable area for placing the Stop Loss (SL).

In which timeframes does this indicator perform better?

This indicator is multi-timeframe but performs better in timeframes below 4 hours.

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