- Indicator MT4
- Implied Fair Value Gap Indicator
- Age 3+
-
level: Advanced
- English
Author's Instructions
The Implied Fair Value Gap (Implied FVG) indicator on MetaTrader 4 identifies price gaps that are not visible on the chart.
This MT4 ICT indicator considers two hypothetical lines at 50% of the shadows of adjacent candles for each middle candle; the area between these hypothetical lines is termed the hidden fair value gap.
If one of the adjacent shadows completely overlaps the other, a hidden fair value gap does not form.
My Google Classroom Courses
Quick Access
All Classes
Author's Instructions
The Implied Fair Value Gap (Implied FVG) indicator on MetaTrader 4 identifies price gaps that are not visible on the chart.
This MT4 ICT indicator considers two hypothetical lines at 50% of the shadows of adjacent candles for each middle candle; the area between these hypothetical lines is termed the hidden fair value gap.
If one of the adjacent shadows completely overlaps the other, a hidden fair value gap does not form.