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FVG & IFVG MTF Detector [Alphaomega18]

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FVG & IFVG Multi-Timeframe Detector [Alphaomega18]

SHORT DESCRIPTION:
Automatic Fair Value Gap (FVG) and Inverse Fair Value Gap (IFVG) detector with multi-timeframe analysis and automatic gap fill closure.

FULL DESCRIPTION:

📊 OVERVIEW

This indicator automatically detects Fair Value Gaps (FVG) and Inverse Fair Value Gaps (IFVG) on your current timeframe and up to 12 additional timeframes simultaneously. Perfect for confluence analysis and identifying institutional zones.

🎯 KEY FEATURES

✅ Multi-Timeframe Detection:
• 12 available timeframes: 1min, 2min, 5min, 10min, 15min, 30min, 1H, 2H, 4H, Daily, Weekly, Monthly
• Each timeframe with customizable color
• Timeframe labels positioned on the right of boxes

✅ Automatic Closure:
• FVGs automatically close when price fills the gap
• Option to disable for traditional fixed extension
• Smart midline management

✅ Complete Customization:
• Customizable colors for each timeframe
• Configurable label size, position, and style
• Gap size display options (separate for current TF and MTF)
• Transparent or colored labels for MTF
• Customizable borders and midlines

✅ Filters & Controls:
• Filter by minimum gap size
• Maximum boxes per timeframe
• Configurable box extension (5-100 bars)
• Border styles: Solid, Dashed, Dotted

✅ Integrated Dashboard:
• Active FVG/IFVG counter
• Statistics per timeframe
• Customizable position

📈 USAGE

1. **Timeframe Activation**:
- Go to Settings > Multi-Timeframe
- Check the timeframes you want to analyze
- Customize colors for each timeframe

2. **Display Configuration**:
- Settings > Display: control labels and their content
- "Transparent MTF Labels": displays only timeframe text without colored background
- "Show Gap Size": separate options for current TF and MTF

3. **Automatic Closure**:
- Settings > Filters > "Close FVG when Filled": enable to automatically close filled gaps
- Disable for traditional fixed extension

4. **Filtering**:
- "Min Gap Size": filter out insignificant small gaps
- "Max Boxes": control the number of FVGs displayed per timeframe

🔍 INTERPRETATION

• **Bullish FVG (🟢)**: Bullish gap - potential support zone
• **Bearish IFVG (🔴)**: Bearish gap - potential resistance zone
• **MTF Confluences**: Multiple FVGs from different timeframes at the same level = strong institutional zone

⚙️ TECHNICAL PARAMETERS

• Detection: low > high[2] (bullish) | high < low[2] (bearish)
• Max boxes per timeframe: 500
• Max lines: 500
• Automatic memory management (old FVG deletion)

🎨 ADVANCED CUSTOMIZATION

• Separate background and border colors
• 4 label sizes: Tiny, Small, Normal, Large
• 3 label positions for current TF: Left, Center, Right
• MTF labels always positioned right for clarity
• Optional midlines with customizable style and color

💡 USAGE TIPS

1. Start with 2-3 timeframes maximum to avoid visual overload
2. Use contrasting colors to easily differentiate timeframes
3. Daily/Weekly gaps are perfect for identifying major institutional zones
4. Combine with your price action strategy for precise entries
5. Automatic closure helps identify when a zone is invalidated

📊 IDEAL FOR

• ICT Traders (Inner Circle Trader)
• Scalping & Day Trading
• Swing Trading
• Institutional zone analysis
• Multi-timeframe confluence trading

🔔 ALERTS

Configurable alerts for:
• New Bullish FVG detected
• New Bearish IFVG detected

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License: Mozilla Public License 2.0

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