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FVG Instantaneous Mitigation Signals Indicator MT5 Download - Free - [TFlab]

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MetaTrader4

MetaTrader5

$4FreeFor a limited time
FVG Instantaneous Mitigation Signals Indicator MT5 Download - Free - [TFlab]
FVG Instantaneous Mitigation Signals Indicator MT5 Download - Free - [TFlab] 0
FVG Instantaneous Mitigation Signals Indicator MT5 Download - Free - [TFlab] 1
FVG Instantaneous Mitigation Signals Indicator MT5 Download - Free - [TFlab] 2
FVG Instantaneous Mitigation Signals Indicator MT5 Download - Free - [TFlab] 3
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The "FVG Instantaneous Mitigation signals" indicator, available on the MetaTrader 5 platform, is designed to identify and mark fair value gaps (FVGs) that are quickly filled.

After identifying the FVGs (with the help of arrow markers), this MT5 ICT indicator draws a red Trailing Stop line on the chart.

Table of FVG Instantaneous Mitigation Signals Indicator Specifications

The following table presents some of the key specifications and features of the indicator:

Indicator Categories:
Signal & Forecast MT5 Indicators
Levels MT5 Indicators
ICT MT5 Indicators
Platforms:
MetaTrader 5 Indicators
Trading Skills:
Intermediate
Indicator Types:
Reversal MT5 Indicators
Timeframe:
Multi-Timeframe MT5 Indicators
Trading Style:
Scalper MT5 Indicators
Day Trading MT5 Indicators
Fast Scalper MT5 Indicators
Trading Instruments:
Forex MT5 Indicators
Crypto MT5 Indicators
Stock MT5 Indicators
Commodity MT5 Indicators
Indices MT5 Indicators
Forward MT5 Indicators
Share Stock MT5 Indicators

Indicator Overview

The Trailing Stop behind the Trailing Stop zones is ideal for placing Stop Loss (SL) levels. The Trailing Stop dynamically moves with the price. The key feature of this line is its approach toward the price, reducing the Stop Loss value.

Uptrend Conditions

A green arrow highlights the instantaneous filling of the FVG, and then, the Trailing Stop is created in the direction of the uptrend (below the price).

TheXAU/USD chart, shown in a 15-minute timeframe, demonstrates how the indicator works in an uptrend and a buy trade position.

Displaying indicator elements on the MT5 platform
Display of the Trailing Stop and the FVG filling.

Downtrend Conditions

As observed in the 30-minute Solana (SOL) cryptocurrency price chart, the indicator uses a red arrow to identify the FVG filling and then creates a Trailing Stop for the downtrend.

Displaying indicator elements on the MT5 platform
Display of the Trailing Stop for the downtrend in the Solana (SOL) chart.

Indicator Settings

The FVG Instantaneous Mitigation Signals indicator settings are customizable as follows:

Customizing the indicator settings
Customizing the FVG Instantaneous Mitigation Signals Indicator Settings
  • Color Theme of Chart and Object: Indicator theme.
  • Filter with width: Filter based on the FVG width;
  • Width value: The width of the FVG is set to 10;
  • ATR Multiplier: The Average True Range (ATR) multiplier is 3.0.

Conclusion

The "FVG Instantaneous Mitigation Signals" indicator is developed to identify fair value gaps (FVGs) and create a Trailing Stop in MT5.

The Trailing Stop is adjusted automatically with price changes and gradually reduces the Stop Loss as the price moves toward the desired profit. This feature is designed to help protect positions as the price progresses. Additionally, this trading tool is part of the MT5 signal and forecast indicators category.

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FAQs

Is this indicator suitable for analyzing bearish markets?

Yes, this indicator works in both bullish and bearish market conditions.

Which markets is this indicator suitable for?

This indicator can be used without any limitations in all markets.

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