Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

ICT Fair Value Gap

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Hi gemify this indicator is so amazing! I was just wondering though for the setting "Minimum Gap Size (in points)" how do I know what should be the correct Gap Size in points? Forgive me, I'm a bit of a newbie to trading so I'm not entirely sure what is the "sweet spot" for Gap Size should be for say MES and MCL.

    Is there a default number that could apply to all instruments? As I noticed the number makes a big difference in how many FVGs show up on my chart.

    Comment


      Hello Gemify. Thank you for this indicator. Is there some instructions I could have? I'm not sure how to answer some of the Properties, such as the three ATR Parameters and Consequent Encroachment? Thanks again. Mike

      Comment


        Hi - is there a way to display only long FVG or Short FVG? I'd like the option to show one or the other or both (which is what's defaulted)

        Comment


          Originally posted by lmannn View Post
          Hi - is there a way to display only long FVG or Short FVG? I'd like the option to show one or the other or both (which is what's defaulted)
          change the colors of the one's you don't want to transparent

          Comment


            I tried this indicator on Euro Futures (6E) but it's not producing any fair value gaps. For equity futures it works just fine, so I doubt the settings are the reason. Could you please check? Thank you
            gemify

            Comment


              Originally posted by abctrader View Post
              I tried this indicator on Euro Futures (6E) but it's not producing any fair value gaps. For equity futures it works just fine, so I doubt the settings are the reason. Could you please check? Thank you
              gemify
              I've got the same issue on 6E, I noticed it first on NQ, CL & GC.

              Comment


                Originally posted by TraderDan80 View Post

                I've got the same issue on 6E, I noticed it first on NQ, CL & GC.
                unfortunately, none of the currency futures show levels Fair Value Gap (6A, 6E, 6S, 6B, 6C, 6S)
                it would be great if the developer would fix the problem​

                Comment


                  TraderDan80 CyberBrid abctrader

                  In the indicator Properties under Parameters, try changing the "Minimum FVG Size(Points)" to 0.0001

                  Click image for larger version  Name:	FVG for Currencies .jpg Views:	0 Size:	4.5 KB ID:	1288403

                  Hope that helps

                  Comment


                    Originally posted by dj22522 View Post
                    TraderDan80 CyberBrid abctrader

                    In the indicator Properties under Parameters, try changing the "Minimum FVG Size(Points)" to 0.0001

                    Click image for larger version Name:	FVG for Currencies .jpg Views:	0 Size:	4.5 KB ID:	1288403

                    Hope that helps
                    Amazin, but it really helped. thanks to the author for the indicator and to you personally for the advice.

                    Comment


                      Anyone success implement FVG in strategy?

                      Below is my code, but it didn't display FVG in my chart.

                      region Using declarations
                      using System;
                      using System.Collections.Generic;
                      using System.ComponentModel;
                      using System.ComponentModel.DataAnnotations;
                      using System.Linq;
                      using System.Text;
                      using System.Threading.Tasks;
                      using System.Windows;
                      using System.Windows.Input;
                      using System.Windows.Media;
                      using System.Xml.Serialization;
                      using NinjaTrader.Cbi;
                      using NinjaTrader.Gui;
                      using NinjaTrader.Gui.Chart;
                      using NinjaTrader.Gui.SuperDom;
                      using NinjaTrader.Gui.Tools;
                      using NinjaTrader.Data;
                      using NinjaTrader.NinjaScript;
                      using NinjaTrader.Core.FloatingPoint;
                      using NinjaTrader.NinjaScript.Indicators;
                      using NinjaTrader.NinjaScript.DrawingTools;
                      using System.Windows.Forms.VisualStyles;
                      using NinjaTrader.NinjaScript.Indicators.Gemify;
                      #endregion

                      //This namespace holds Strategies in this folder and is required. Do not change it.
                      namespace NinjaTrader.NinjaScript.Strategies
                      {
                      public class ICTStrategy : Strategy
                      {
                      private ICTFVG ictfvg;

                      protected override void OnStateChange()
                      {
                      if (State == State.SetDefaults)
                      {
                      Description = @"Trade with FVG and BOS.";
                      Name = "ICT_Concept_Trade";
                      Calculate = Calculate.OnBarClose;
                      EntriesPerDirection = 1;
                      EntryHandling = EntryHandling.AllEntries;
                      IsExitOnSessionCloseStrategy = true;
                      ExitOnSessionCloseSeconds = 30;
                      IsFillLimitOnTouch = true;
                      MaximumBarsLookBack = MaximumBarsLookBack.TwoHundredFiftySix;
                      OrderFillResolution = OrderFillResolution.Standard;
                      Slippage = 0;
                      StartBehavior = StartBehavior.WaitUntilFlat;
                      TimeInForce = TimeInForce.Gtc;
                      TraceOrders = false;
                      RealtimeErrorHandling = RealtimeErrorHandling.StopCancelClose;
                      StopTargetHandling = StopTargetHandling.PerEntryExecution;
                      BarsRequiredToTrade = 40;
                      // Disable this property for performance gains in Strategy Analyzer optimizations
                      // See the Help Guide for additional information
                      IsInstantiatedOnEachOptimizationIteration = true;
                      }
                      else if (State == State.Configure)
                      {
                      AddDataSeries("ES 03-24", Data.BarsPeriodType.Minute, 5, Data.MarketDataType.Last);
                      }
                      else if (State == State.DataLoaded)
                      {


                      ictfvg = ICTFVG(Close, true, FVGPeriodTypes.Minute, 5, 1000, true, 10, 1.1, 0.01, FVGFillType.CLOSE_THROUGH, true, true,
                      Brushes.Maroon, Brushes.Maroon, Brushes.DarkGreen, Brushes.DarkGreen, 13, 4, true, TextPosition.TopRight, new SimpleFont("Verdana", 12),
                      Brushes.WhiteSmoke, Brushes.DimGray, Brushes.Blue, 50);
                      AddChartIndicator(ictfvg);
                      Print(ictfvg.FVGList.Count);
                      }
                      }

                      protected override void OnBarUpdate()
                      {
                      }

                      }
                      }

                      Comment


                        Originally posted by dj22522 View Post
                        TraderDan80 CyberBrid abctrader

                        In the indicator Properties under Parameters, try changing the "Minimum FVG Size(Points)" to 0.0001

                        Click image for larger version Name:	FVG for Currencies .jpg Views:	0 Size:	4.5 KB ID:	1288403

                        Hope that helps
                        Thx much - works like a charm now on any chart I'm applying it to

                        Comment


                          Hi gemify

                          Tks for sharing this FVG indicator. It´s possible to use it in the strategy builder? Would be amazing to be able to automate entries and back test strategies

                          Comment


                            Thanks for the indicator. it is working great. Is there a way to apply this to an indicator. I.E. apply to the RSI or the MacD. Are they any plans to do it?. Thanks.

                            Comment


                              gemifyI have an idea for this indicator. I was thinking of ways to make a FVG "stronger" and I think that way it could be done if if a volume component is added into it.

                              I have two ideas. One way would be just the FVG bar volume compared to maybe the average of the last x bars volume....

                              or perhaps another way to check the strength of the FVG bar would be using volume delta, the difference between aggressive buying and aggressive selling orders. Also, maybe another way could be to check the volume or volume delta of the bars that enter into the FVG?

                              Also maybe the POC could be inplemented?

                              I'm not sure what would be best, but maybe some volume traders might have a good idea?

                              Comment


                                Hi Gemify, I'm looking for an indicator for backtesting as well for a trading bot that recognizes the presence of FVGs in a certain configuration. Does that already exist or can it be designe.
                                Thanks,
                                David

                                Comment

                                Latest Posts

                                Collapse

                                Topics Statistics Last Post
                                Started by lcgamarra_pinnacle, Today, 09:33 AM
                                0 responses
                                8 views
                                0 likes
                                Last Post lcgamarra_pinnacle  
                                Started by MokhtarVerdi, Today, 07:21 AM
                                1 response
                                8 views
                                0 likes
                                Last Post MokhtarVerdi  
                                Started by chartchart, 05-19-2021, 04:14 PM
                                6 responses
                                660 views
                                1 like
                                Last Post mmenigma  
                                Started by gabberdim, Yesterday, 09:14 AM
                                4 responses
                                32 views
                                0 likes
                                Last Post sidlercom80  
                                Started by cmtjoancolmenero, Today, 07:22 AM
                                0 responses
                                8 views
                                0 likes
                                Last Post cmtjoancolmenero  
                                Working...
                                X