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FVG-BPR-Candle Volume-v2 [Elykia]
FVG-BPR & Volume Z-Score [Elykia] - SMC Enhanced
This indicator is a complete toolkit for traders using Smart Money Concepts (SMC) and Price Action analysis. It combines three essential elements to identify high-probability zones: Price Inefficiencies (FVG), Balanced Price Ranges (BPR), and Statistical Volume Anomalies (Z-Score).
The goal is simple: Stop trading "blind" levels and start validating every institutional zone with real volume activity.
Key Features
1. 📊 Volume Z-Score (Statistical Analysis):
Colors candles based on volume intensity relative to its historical average (Bollinger/Standard Deviation logic).
Yellow Candles (Z-Score > 2): High volume, significant activity.
Red Candles (Z-Score > 3): Extreme volume, often a sign of "Capitulation" or major impulse.
Circles Option: Displays a circle on extreme candles for enhanced visibility.
2. ⚡ Fair Value Gaps (FVG):
Automatically detects imbalance zones (Buy-side & Sell-side).
Multi-Timeframe (MTF): Ability to display FVGs from a higher timeframe on your current chart (e.g., H1 FVG on M5 chart).
Dynamic Management: Zones automatically delete once filled (mitigated) to keep the chart clean.
3. 🔄 Balanced Price Ranges (BPR):
Identifies zones where a Bullish FVG and a Bearish FVG overlap.
This is a strong institutional signature indicating aggressive re-pricing. BPRs often act as more reliable support/resistance zones than simple FVGs.
💎 Strategy: "Volume-Backed Rebalancing"
This strategy uses the confluence between SMC structure (FVG/BPR) and Volume confirmation.
1. Zone Identification: Wait for price to form a clear BPR or FVG (M15 or H1 recommended).
2. The Retest (Pullback): Wait for price to return to test this zone. Do not enter blindly (Limit Order), wait for the reaction.
3. Volume Confirmation:
Observe the candle colors within the zone.
If price hits the FVG and a Yellow or Red candle (Volume Z-Score) appears rejecting the zone, this is your signal.
This indicates that institutions are actively defending this level.
4. Entry & Exit: Enter at the close of the volume candle. Place Stop Loss below the FVG/BPR. Target the next liquidity pool (Previous High/Low).
⚠️ DISCLAIMER
This script and the strategy described are provided for educational and research purposes only. Trading financial markets (Forex, Crypto, Indices, Futures) involves a high level of risk and may not be suitable for all investors. You may lose all or part of your initial capital.
Past performance is not indicative of future results. The author implies no guarantee of profit or protection from loss. Use this tool at your own risk and always perform your own analysis before taking a position.
This indicator is a complete toolkit for traders using Smart Money Concepts (SMC) and Price Action analysis. It combines three essential elements to identify high-probability zones: Price Inefficiencies (FVG), Balanced Price Ranges (BPR), and Statistical Volume Anomalies (Z-Score).
The goal is simple: Stop trading "blind" levels and start validating every institutional zone with real volume activity.
Key Features
1. 📊 Volume Z-Score (Statistical Analysis):
Colors candles based on volume intensity relative to its historical average (Bollinger/Standard Deviation logic).
Yellow Candles (Z-Score > 2): High volume, significant activity.
Red Candles (Z-Score > 3): Extreme volume, often a sign of "Capitulation" or major impulse.
Circles Option: Displays a circle on extreme candles for enhanced visibility.
2. ⚡ Fair Value Gaps (FVG):
Automatically detects imbalance zones (Buy-side & Sell-side).
Multi-Timeframe (MTF): Ability to display FVGs from a higher timeframe on your current chart (e.g., H1 FVG on M5 chart).
Dynamic Management: Zones automatically delete once filled (mitigated) to keep the chart clean.
3. 🔄 Balanced Price Ranges (BPR):
Identifies zones where a Bullish FVG and a Bearish FVG overlap.
This is a strong institutional signature indicating aggressive re-pricing. BPRs often act as more reliable support/resistance zones than simple FVGs.
💎 Strategy: "Volume-Backed Rebalancing"
This strategy uses the confluence between SMC structure (FVG/BPR) and Volume confirmation.
1. Zone Identification: Wait for price to form a clear BPR or FVG (M15 or H1 recommended).
2. The Retest (Pullback): Wait for price to return to test this zone. Do not enter blindly (Limit Order), wait for the reaction.
3. Volume Confirmation:
Observe the candle colors within the zone.
If price hits the FVG and a Yellow or Red candle (Volume Z-Score) appears rejecting the zone, this is your signal.
This indicates that institutions are actively defending this level.
4. Entry & Exit: Enter at the close of the volume candle. Place Stop Loss below the FVG/BPR. Target the next liquidity pool (Previous High/Low).
⚠️ DISCLAIMER
This script and the strategy described are provided for educational and research purposes only. Trading financial markets (Forex, Crypto, Indices, Futures) involves a high level of risk and may not be suitable for all investors. You may lose all or part of your initial capital.
Past performance is not indicative of future results. The author implies no guarantee of profit or protection from loss. Use this tool at your own risk and always perform your own analysis before taking a position.
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、Elykia34に直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
places the indicator on the chart
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、Elykia34に直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
places the indicator on the chart
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。