OPEN-SOURCE SCRIPT
FxNeel MTF Swing & FVG PRO
Description:
The FxNeel Institutional Swing & FVG Matrix is a comprehensive technical analysis tool designed for traders who follow Price Action and Institutional trading concepts. This indicator helps you identify market structure and potential imbalances (Fair Value Gaps) with precision.
Key Features:
Multi-Swing Structure: Automatically detects and plots Short-Term and Intermediate-Term Highs and Lows, helping you visualize the market trend and potential reversal points.
Dynamic Fair Value Gap (FVG) Engine: Real-time identification of Bullish and Bearish Fair Value Gaps. The tool features an automatic mitigation logic—meaning the gap box disappears once the price mitigates the imbalance, keeping your chart clean and actionable.
Customizable Settings:
Control the length of swing detection.
Adjust the horizontal extension of swing lines.
Toggle between different swing line styles (Solid, Dashed, Dotted).
Enable/Disable individual components to suit your trading style.
Clean & Professional: Optimized for performance and readability, making it suitable for both scalpers and swing traders.
How to Use:
Swing Lines: Use these to identify Key Levels (Highs/Lows) and observe how price reacts around these institutional pivots.
FVGs: Identify areas of market imbalance. Look for price reactions within these zones to find potential entry setups.
Mitigation: The indicator automatically cleans up "mitigated" FVGs, so you only focus on "fresh" and active zones.
Disclaimer: This indicator is for educational purposes only and does not constitute financial advice. Always perform your own analysis before making trading decisions.
The FxNeel Institutional Swing & FVG Matrix is a comprehensive technical analysis tool designed for traders who follow Price Action and Institutional trading concepts. This indicator helps you identify market structure and potential imbalances (Fair Value Gaps) with precision.
Key Features:
Multi-Swing Structure: Automatically detects and plots Short-Term and Intermediate-Term Highs and Lows, helping you visualize the market trend and potential reversal points.
Dynamic Fair Value Gap (FVG) Engine: Real-time identification of Bullish and Bearish Fair Value Gaps. The tool features an automatic mitigation logic—meaning the gap box disappears once the price mitigates the imbalance, keeping your chart clean and actionable.
Customizable Settings:
Control the length of swing detection.
Adjust the horizontal extension of swing lines.
Toggle between different swing line styles (Solid, Dashed, Dotted).
Enable/Disable individual components to suit your trading style.
Clean & Professional: Optimized for performance and readability, making it suitable for both scalpers and swing traders.
How to Use:
Swing Lines: Use these to identify Key Levels (Highs/Lows) and observe how price reacts around these institutional pivots.
FVGs: Identify areas of market imbalance. Look for price reactions within these zones to find potential entry setups.
Mitigation: The indicator automatically cleans up "mitigated" FVGs, so you only focus on "fresh" and active zones.
Disclaimer: This indicator is for educational purposes only and does not constitute financial advice. Always perform your own analysis before making trading decisions.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.