iFVG CE Break with alert

9. Nov.

Here’s a clear, user-friendly rundown of what the indicator does and how to tune it.
What it does
- Detects Fair Value Gaps (FVGs) in both directions:
- UP FVG (bearish imbalance) and DOWN FVG (bullish imbalance).
- Draws the CE (Consequence/Equilibrium) line for each FVG (default yellow, dotted).
- Entry arrows (iFVG): plots an arrow when the candle body breaks & closes across a stored CE, both up and down.
- Keeps a history of past CEs (per side) and will still signal even if the original FVG has been mitigated/filled

Signals & logic
- Body break rules:
- Up arrow: open <= CE and close > CE.
- Down arrow: open >= CE and close < CE.
- Multiple triggers per CE: each CE can fire up to 3 times (configurable).
- One arrow per bar per direction: if several CEs are crossed the same bar, you still get a single up and/or down arrow on that bar (cleaner chart).
- History window: checks the last N CEs per side (default 1 for early entry, range 1–10)

10. Nov.

Versionshinweise

Indicator Descriptions:
- The arrow signal in this indicator fires only when a candle body breaks and closes across a stored iFVG CE, both up and down. It can also trigger an alert. So, the arrow is purely a notification that the candle body has closed beyond an iFVG CE—nothing more
- An iFVG break arrow above/below is not an entry signal by itself. Do not use this indicator 100% on its own. Combine it with other confluence such as proven setups, SMC, Liquidity Sweeps, ICT concepts, etc.
- Detects Fair Value Gaps (FVGs) in both directions. UP FVG (bearish imbalance) and DOWN FVG (bullish imbalance).
- Draws the CE (Consequence/Equilibrium) line for each FVG (default yellow, dotted).
- Keeps a history of past CEs (per side) and will still signal even if the original FVG has been mitigated/filled

About “How many past CEs to watch”
- If you use the default 1, the indicator will only plot an arrow when the most recent CE is broken/closed by body. This is useful to assist swing trading (fewer, higher-quality signals).
- Increasing the value will watch more historical CEs, producing more iFVG arrows/alerts—a behavior many traders prefer for scalping iFVG → FVG moves.

Signals & logic for body break rules:
- Up arrow: open <= CE and close > CE.
- Down arrow: open >= CE and close < CE.
- Multiple triggers per CE: each CE can fire up to 3 times (configurable).
- One arrow per bar per direction: if several CEs are crossed the same bar, you still get a single up and/or down arrow on that bar.
History window: checks the last N CEs per side (default 1 usually used for swing, range 1–10). However, sometimes certain setup requires setting 2 for swing.