iFVG Pro Toolkit

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The iFVG Pro Toolkit is a collaboration with TIMELESS1_ to bring you a one stop indicator giving you the ability to filter iFVGs with things like:

- The number of max number of candles allowed before an inversion is considered invalid.
- ATR filter to filter out smaller FVGs.
- Session Filter to show only iFVGs in your trading window.
- Historical iFVGs allowed to plot.
- iFVG Entry type.
- Complete color customization
- Automated Customizable MTF Liquidity Levels.
- Liquidity Timeframe Info Table
- Toggles to enable and disable Lines, FVGs, and Entries
- SMT Divergences with a validation filter
- Alerts for iFVGs and SMTs

A little bit about iFVGs:

Inversion Fair Value Gaps occur when a previous bullish or bearish Fair Value Gap is closed through hence the 'Inversion' aspect.
This can be a very strong sign that price may reverse and sweep the opposing liquidity.
Its a great visual way to see order flow when you inverse the opposite bias momentum within just a few candles.
Waiting for a sweep of BSL or SSL and an iFVG to occur after the fact can be a strong sign that we will reverse and sweep opposing liquidity before pushing higher or lower.

A little bit about Liquidity Levels:

Liquidity levels also know as Buyside Liquidity (BSL) and Sellside Liquidity (SSL) is commonly used as targets to take profit or to look for entries due to most traders and institutions having large blocks of orders sitting in those areas which can act as a magnet for price.

A little bit about SMT Divergence:

SMT Divergences occur daily in the market.
This is when a ticker like NNQ and ES are doing the opposite of each other.
Making the opposite highs and/or lows.
When SMTs are forming on the lows it is considered Bullish SMT Divergence which can be strong confluence to enter a long trade when an iFVG is formed before or after a sweep of liquidity or FVG.
When SMTs are forming on the highs it is considered Bearish SMT Divergence which can be strong confluence to enter a short trade when an iFVG is formed before or after a sweep of liquidity of FVG.

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Note di rilascio

- Updated Body Entry type to 'Wick' due to unintended functionality causing Entries to plot at the inversion, but only after the close of a candle. This has been fixed and ensures entries plot the moment a FVG is inversed and does not repaint.
- Updated default settings to recommended settings.

More plans for future updates, so be on the lookout!

ieri

Note di rilascio

- Fixed issue causing alerts to fire for historical entries and misfires of SMT divergences. Tested all alerts for hours to ensure they fire correctly.
- Added user customizable entry line extension