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Indicator in TradingView
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Balanced Price Range Indicator
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Age 3+
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level: Advanced
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English
Author's Instructions
The Balanced Price Range (BPR) indicator marks a key zone for price retracement, referred to as "BPR" on the chart. The "BPR" zone is formed by the overlap of two Fair Value Gaps (FVGs).
This indicator is developed based on ICT (Inner Circle Trader) concepts; the BPR zone is a liquidity rich area to which the price tends to return. The zones plotted by this ICT style indicator are suitable areas for entering trades.
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Indicator in TradingView
-
Balanced Price Range Indicator
-
Age 3+
-
level: Advanced
-
English
Author's Instructions
The Balanced Price Range (BPR) indicator marks a key zone for price retracement, referred to as "BPR" on the chart. The "BPR" zone is formed by the overlap of two Fair Value Gaps (FVGs).
This indicator is developed based on ICT (Inner Circle Trader) concepts; the BPR zone is a liquidity rich area to which the price tends to return. The zones plotted by this ICT style indicator are suitable areas for entering trades.