Initial Imbalance [First FVG - ICT] v1

27. Apr.

Initial Imbalance [First FVG - ICT] v1

This indicator identifies the first Fair Value Gap (FVG) at the start of a user-defined session, inspired by The Inner Circle Trader. It helps traders spot initial imbalance in a sessions price action, offering filter options to refine FVG detection and optional session high/low lines for context.

Features:

• Detects the first bullish or bearish FVG at the session start (default: 08:30). ISE: Sets a custom session start time (hour and minute).
  
• Filters FVGs by size: None, ATR-based, or Points-based.
  
• Displays session high/low lines (optional) to visualize the session range.
  
• Customizable colors for bullish and bearish FVGs (background and border derived from a single color input).
  
• Alerts for new FVGs and mitigated FVGs.
  

Settings:

Session Start Time: Define the hour and minute for the session start.
FVG Filter Type: Choose None, ATR, or Points to filter FVGs by size.
ATR Multiple / Minimum Points: Set the minimum FVG size for ATR or Points filters.
Show Session High/Low Lines: Toggle visibility of session range lines.
Bullish/Bearish FVG Colors: Customize colors for FVGs.
Technical Details:

Overlay indicator, displayed directly on the price chart.

This indicator is ideal for traders seeking to identify key price imbalances at the start of a session, with flexible filtering and visualization options.

1. Mai

Versionshinweise

Initial Imbalance [First FVG - ICT] v1

This indicator identifies the first Fair Value Gap (FVG) at the start of a user-defined session, inspired by The Inner Circle Trader. It helps traders spot initial imbalance in a sessions price action, offering filter options to refine FVG detection and optional session high/low lines for context.

Features:

• Detects the first bullish or bearish FVG at the session start (default: 08:30). ISE: Sets a custom session start time (hour and minute).
  
• Filters FVGs by size: None, ATR-based, or Points-based.
  
• Displays session high/low lines (optional) to visualize the session range.
  
• Customizable colors for bullish and bearish FVGs (background and border derived from a single color input).
  
• Alerts for new FVGs and mitigated FVGs.
  

Settings:

• Session Start Time: Define the hour and minute for the session start.
  
• FVG Filter Type: Choose None, ATR, or Points to filter FVGs by size.
  
• ATR Multiple / Minimum Points: Set the minimum FVG size for ATR or Points filters.
  
• Show Session High/Low Lines: Toggle visibility of session range lines.
  
• Bullish/Bearish FVG Colors: Customize colors for FVGs.
  

Technical Details:

Overlay indicator, displayed directly on the price chart.

This indicator is ideal for traders seeking to identify key price imbalances at the start of a session, with flexible filtering and visualization options.