Combined Fair Value Gap (FVG-IFVG + SFP) Indicator for MT5 Download - Free

The Combined Fair Value Gap (FVG-IFVG + SFP) Indicator is designed based on three structures: FVG, IFVG, and SFP, each of which can be used in price behavior analysis. Fair Value Gap (FVG) indicates areas where imbalances between buyers and sellers are observed.

In this tool, bullish FVG zones are highlighted in blue, and bearish FVG zones are marked in pink. Also, SFP signals are displayed as green arrows for bullish breakouts and red arrows for bearish breakouts.

Combined FVG-IFVG + SFP Indicator Specifications

The table below outlines the main specifications of the FVG-IFVG + SFP indicator:

Indicator in an Uptrend

In the USD/CAD currency pair chart, on the 1-hour timeframe, an initial bearish FVG zone forms, and the price moves downward. After this downward movement, the price returns to the FVG zone, and with its breakout, it turns into an IFVG.

Then, the price returns to the IFVG zone, and with liquidity absorption, the Swing Failure Pattern (SFP) is formed, which is displayed with a green arrow.

This false breakout leads to liquidity absorption and marks the beginning of a stronger uptrend, indicating a change in price direction after the SFP structure is completed.

Indicator in a Downtrend

In the AUD/USD currency pair chart, after breaking the FVG zone and turning it into an IFVG, the price returns to the same IFVG zone.

At this stage, a Sell entry signal is displayed with the formation of the Swing Failure Pattern (SFP).

Settings of the FVG-IFVG + SFP Combined Indicator

The indicator settings are fully visible in the screenshot below:

• candles to look back: on Number of candles to consider for analysis
• the Prefix of objects: Prefix for marking the zones
• the mode of FVG: FVG display mode
• FVG Show: Show/Hide FVG zones
• FVG Mode Show: FVG visualization mode
• FVG Last Show: Display the last FVG
• FVG Last Number Show: the Number of recent FVGs to display
• IFVG Show: Show/Hide IFVG zones
• IFVG Mode Show: IFVG display mode
• IFVG Last Show: Display the last IFVG
• IFVG Last Number Show: the Number of recent IFVGs to display
• FVG-SFP Show: Display SFP within FVG
• IFVG-SFP Show: Display SFP within IFVG
• Maximum BreakOut Candles: Max number of candles for breakout validation
• Swing Failure Pattern Mode: Type of SFP detection
• SupportZone: Color of support zones
• ResistanceZone: Color of resistance zones

Conclusion

The FVG-IFVG + SFP Combined Indicator is designed specifically for ICT-style traders.

By identifying FVG and IFVG zones and detecting SFP patterns within them, this indicator highlights potential trend reversal points and generates reliable trade entry signals.