ICT Fair Value Gap

[sincerelyysammi]

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.

[mlehr0308]

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

[lmannn]

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)

[guyonabuffalo]

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

[abctrader]

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

[TraderDan80]

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.

[CyberBrid]

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

[dj22522]

TraderDan80 CyberBrid abctrader

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



Hope that helps

[CyberBrid]

TraderDan80 CyberBrid abctrader

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



Hope that helps

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

[jeff12ey]

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()
{
}

}
}

[abctrader]

TraderDan80 CyberBrid abctrader

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



Hope that helps

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

[andywallsq]

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

[PrTester]

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.

[drewski1980]

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?