Fair Value Gap intraday Sessions ICT Indicator MT5 Download - [TFlab]

The FVG Session Intraday Indicator is designed to identify Fair Value Gaps (FVGs) in the New York, London, and Tokyo sessions. This indicator plots horizontal lines for price highs and lows during the specified sessions and marks the first FVG formed.

By detecting bullish and bearish FVG zones, traders using ICT strategies and other liquidity-based methods can analyze potential price reversals with greater accuracy.

Indicator Table

The table below outlines the features of the Fair Value Gap Session Intraday Indicator.

Indicator at a Glance

The FVG Session Intraday Indicator in MetaTrader 5 highlights bullish Fair Value Gaps in green and bearish Fair Value Gaps in red. Additionally, if these zones are broken by price, their color fades automatically, alerting traders to their validity or potential failure.

Indicator in an Uptrend

The price chart of the AUD/USD currency pair in a 15-minute uptrend is shown. During the Tokyo session, after forming a bullish FVG, the price moves upward and then retraces back to its first FVG zone to absorb liquidity.

Indicator in a Downtrend

The price chart of the CAD/CHF currency pair in a 1-minute timeframe is displayed. After forming a bearish FVG, the price retraces to this level to trigger pending orders. Traders enter sell (Sell) positions, placing their stop-loss before these zones.

Indicator Settings

The settings section of the Fair Value Gap Session Intraday Indicator is displayed in the image below:

• Tokyo market time: Tokyo session time
• London market time: London session time
• New York market time: New York session time
• Width filter: Defines the width range
• Minimum width value: Minimum calculated width
• Difference between server and GMT: Time difference relative to GMT

Conclusion

The FVG Session Intraday Indicator is a powerful tool for MetaTrader 5, specifically designed for ICT traders and those using liquidity-based strategies.

This indicator accurately identifies and plots Fair Value Gaps (FVGs) in the New York, London, and Tokyo trading sessions, providing traders with valuable insights.