This is an FVG indicator combined with volume to identify moments when a sudden volume spike creates a price gap.
Additionally, I've added the ICT Balanced Price Range, which occurs when two opposing FVGs form a connected gap. This gap has a high probability of reversal and is one of the key signs of liquidity sweeps.
Unlike other FVG indicators that filter FVGs based on ATR, average price, or range, I believe such methods lead to overfitting and may not work across multiple pairs with a single setting. Instead, I only filter FVGs when there are consecutive overlapping FVGs.
The indicator includes full functionality:
Candle color customization FVG line color customization FVG fill color customization BPR color customization Adjustable average volume and volume threshold Highlighting candles with abnormal volume Enjoy and make sure to backtest thoroughly before using!
Our Custom Programming Service: Focusing on Pine Script to develop indicators/Bots on TradingView/MT5 that support traders in the Forex, Stock, and Crypto markets
Our Custom Programming Service: Focusing on Pine Script to develop indicators/Bots on TradingView/MT5 that support traders in the Forex, Stock, and Crypto markets