An inverted fair value gap (FVG) occurs when candles start closing below a bullish FVG or above a bearish FVG and in this case, support FVGs become resistances and vice versa. This is a smart money concept introduced by ICT. While we a number of have indicators for FVGs, we don't have any for inversion FVGs. This indicator is just for that - it shows FVGs only after they're inverted.
The meat of it comes from being able to plot HTF inverted FVGs in LTF. In the above BTC chart, you can see M15 inverted FVGs plotted on M1 chart and you can see price respecting them. Mitigations can also be shown as lines (as you can see in the chart).
You can also setup alerts for formation and mitigation of such inversion FVGs.
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Minor fixes: Padding line now goes with HTF, pip filter works as expected, retest of inverted FVGs trigger only when the FVG is breached
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Fix calculation that affects monthly chart
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Fix pip filter calculation
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Switch to reusing inverted FVGs and get rid of retest lines as it results in a lot of retests and triggers too many alerts.
hey great indicator, i just wanted to let you know the ones ict focuses on are ones that are created through swing h/l. Great work just wanted to fill you in he said this recently in a review or a space i cant remember lol
Findingfairways
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Best settings for this pls?
ukmpits
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@a1tmaniac Sir,please make checkbox to delete old box .Thanks mate
waffles_btc
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@ukmpits, There's a maxBoxes setting to limit the maximum boxes - you can set it to 1 to show the latest.
ukmpits
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@a1tmaniac Sir, Is there any future update? Thanks mate
wanso4333
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Thx You.
bchin415
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Love this indicator. If you're still updating it, is it possible to make so that mitigated gaps stay but are greyed out?