Fair Value Gap Sessions Indicator for MT5 — Free Download by TFlab

The Fair Value Gap (FVG) Sessions Indicator for MetaTrader 5 (MT5), developed by TFlab, is a specialized tool designed to identify Fair Value Gaps within the New York, London, and Tokyo trading sessions.

💎source :
https://tradingfinder.com/products/indicators/mt5/fvg-sessions-free-download/

💎free indicator download:
https://cdn.tradingfinder.com/file/240260/fvg-sessions-ict-mt5-by-tflab.zip

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https://t.me/TFLABS

This indicator is particularly beneficial for traders employing ICT (Inner Circle Trader) strategies and other liquidity-based methodologies, as it aids in pinpointing potential price reversals with greater precision.

The FVG Sessions Indicator offers a comprehensive set of features tailored for advanced traders:

📊 Indicator Overview

🔍 Functionality

The FVG Sessions Indicator operates by:

• Plotting horizontal lines representing price highs and lows during the specified trading sessions.
• Identifying and marking the first Fair Value Gap formed within each session.
• Highlighting bullish FVGs in green and bearish FVGs in red, providing clear visual cues for traders.

By detecting these zones, traders can analyze potential price reversals and make informed trading decisions.

📈 Application Examples

Uptrend Scenario

In a 15-minute chart of the AUD/USD currency pair during the Tokyo session, a bullish FVG is formed. The price ascends and subsequently retraces to the initial FVG zone, absorbing liquidity before continuing its upward trajectory.

Downtrend Scenario

On a 1-minute chart of the CAD/CHF currency pair, a bearish FVG is identified. The price retraces to this level, triggering pending sell orders. Traders enter short positions, placing their stop-loss orders above the FVG zone.

⚙️ Indicator Settings

The FVG Sessions Indicator provides customizable settings to align with individual trading preferences

• Tokyo Market Time: Defines the Tokyo session timeframe.
• London Market Time: Sets the London session timeframe.
• New York Market Time: Specifies the New York session timeframe.
• Width Filter: Determines the acceptable width range for FVGs.
• Minimum Width Value: Sets the minimum calculated width for identifying FVGs.
• Difference Between Server and GMT: Adjusts for time discrepancies relative to GMT.

✅ Conclusion

The Fair Value Gap Sessions Indicator for MT5 is a robust tool for traders focusing on liquidity-based strategies. By accurately identifying and plotting Fair Value Gaps within key trading sessions, it enhances the trader’s ability to anticipate price movements and make strategic decisions. Its integration into the MetaTrader 5 platform ensures a seamless experience for intraday traders across various markets.

FAQs

❓What markets does it work with?

Forex, crypto, stocks, and commodities.

❓Are the FVGs color-coded?

Yes — green for bullish, red for bearish.

❓Can I change the session times?

Yes, session times and FVG width filters are customizable.

❓Is it free to download?

Yes, it’s currently available for free.