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TFL Indicator (BenFuturez)

53
Smart Fair Value Gap Trading Tool

This indicator identifies high-probability trading opportunities by combining Fair Value Gaps (FVGs) with confirmation signals and trend filtering.

KEY FEATURES:
• Automatically detects bullish and bearish Fair Value Gaps on your chart
• Generates precise entry signals based on price action confirmation
• Includes built-in trend filter using 20 EMA for higher quality setups
• Visual FVG boxes with customizable colors and extension length
• Configurable signal sensitivity with adjustable timeframe parameters

HOW IT WORKS:
The indicator marks FVG zones on your chart and monitors price behavior when these zones are tested. Entry signals appear only when multiple conditions align, including proper price structure, gap interaction, and trend direction. This multi-layered approach helps filter out low-probability trades.

SETTINGS:
• Toggle bullish/bearish FVG boxes on/off
• Adjust box colors and extension length
• Configure signal timing sensitivity
• Show/hide the 20 EMA trend filter
• Customize EMA length and color

SIGNALS:
• Green triangle = Buy signal (bullish setup confirmed)
• Red triangle = Sell signal (bearish setup confirmed)
• Built-in alerts available for all signal types

BEST PRACTICES:
• Use on lower timeframes for more signals
• Combine with proper risk management and position sizing
• Signals work best when aligned with overall market structure
• Consider multiple timeframe confirmation for best results
• Use this as a confluence to your strategy, don't just blindly follow signals!

This indicator is designed for traders who understand market structure and want a systematic approach to identifying quality entry points based on institutional order flow concepts.

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