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MT5 Comprehensive Fair Value Gap (FVG-IFVG + SFP) Indicator Download - Free - MetaTrader 5 Resources

author EAcpu | 3 reads | 0 comments |

The Composite Fair Value Gap (FVG-IFVG + SFP) indicator is designed based on three structures: FVG , IFVG , and SFP , each of which can be used for price action analysis. Fair Value Gap (FVG) represents the area where an imbalance is observed between buyers and sellers.

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

FVG-IFVG + SFP combination indicator light specifications

The table below outlines the key specifications of the product FVG-IFVG + SFP indicator.

Indicator categories: Liquidity Indicator MT5 Indicator Trading Assistant MT5 Indicator
ICT MT5 Indicators
Platforms: MetaTrader 5 Indicators
Trading Skills: Advanced
Indicator Types: Inverse MT5 Indicator
Time frame: Multi Time Frame MT5 Indicators
Trading Style: Intraday MT5 Indicators
Trading Tools: Forex MT5 Indicators Cryptocurrency MT5 Indicators Stock MT5 Indicators Commodity MT5 Indicators

Indicator Overview

The Comprehensive Fair Value Gap (FVG-IFVG + SFP) indicator is based on the ICT style and integrates three key concepts: Fair Value Gap (FVG) , Inverse Fair Value Gap (IFVG) , and Swing Failure Mode (SFP) to help identify key market areas.

The main focus of this indicator is that market makers are absorbing or injecting liquidity. This can identify potential trend reversal points.

Indicators are in an upward trend

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

The price then returns to the IFVG zone and as liquidity is absorbed, the Swing Failure Pattern (SFP) forms and is shown as a green arrow .

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

FVG-IFVG + SFP Indicator in an Uptrend
Identify IFVG and SFP in the FVG-IFVG + SFP indicator during an uptrend

Indicators are in a downward trend

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

At this stage, as the price forms, a sell entry signal will appear. Swing Failure Mode (SFP) .

FVG-IFVG + SFP Indicator in a Downtrend
FVG-IFVG + SFP Indicator detects FVG and identifies SFP in bearish FVG zone

FVG-IFVG + SFP combination indicator light settings

The indicator settings are fully visible in the screenshot below:

FVG-IFVG + SFP Indicator Settings
FVG-IFVG + SFP indicator settings view in MetaTrader 5
  • Candle Review: The number of candles considered when analyzing
  • Prefix of the object: the prefix used to mark the area
  • the mode of FVG: FVG display mode
  • FVG Show: Show/hide FVG area
  • FVG Mode Show: FVG visualization mode
  • FVG Last Show: Display the last FVG
  • FVG last number display: the number of recent FVG to be displayed
  • IFVG Show: Show/hide IFVG area
  • IFVG Mode Show: IFVG display mode
  • IFVG Last Show: Display the last IFVG
  • IFVG last number display: the number of recent IFVG to display
  • FVG-SFP Show: Display SFP within FVG
  • IFVG-SFP Show: Display SFP in IFVG
  • Max Breakout Candles: Maximum number of candles used for breakout verification
  • Swing Failure Mode: SFP Detection Type
  • SupportZone: color of support zone
  • ResistanceZone: Resistance zone color

Conclusion

The FVG-IFVG + SFP combination indicator light is specially designed for ICT-style traders .

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

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