OPEN-SOURCE SCRIPT
HTF BPR (Balanced Price Range)
Introduction
Within Inner Circle Trader (ICT) concepts, the Balanced Price Range (BPR) is especially important, as it helps to navigate institutional order flow. It pinpoints price zones where opposing market inefficiencies intersect, leaving pools of resting liquidity and unexecuted orders. This indicator automates the identification of these overlapping structures across any asset class while using data from higher (or current) timeframe.
How is this script different from other similar tools:
- Unique way of presenting BPR zones with focus on clarity and simplicity
- Highly configurable and customizable
- Automatic timeframe selection which always uses next higher timeframe (can be manually overridden)
- It marks BPRs on either higher or current timeframe providing more flexibility
- Uses side box markers which can help to navigate busy charts (can be turned off)
- Option to wait for higher timeframe close before removing BPR from the chart which should eliminate any repainting during mitigation
- Markers are highlighted when price touches BPRs, giving clear indication the price interacts with this BPR
What is BPR
A Balanced Price Range - frequently referred to as a double Fair Value Gap occurs when a bullish FVG and a bearish FVG directly overlap. Because both buyers and sellers created imbalances across the exact same price window, these overlapping zones become high-probability reaction areas. In algorithmic price delivery, BPRs serve as primary rebalancing targets where the market seeks liquidity before expanding or reversing.
What is FVG
FVG or Fair Value Gap is a three-candle formation where the middle candle moves so aggressively creating displacement that it leaves a gap between the wick of the prior candle and the wick of the following candle.
Trading BPR
BPR entries remain one of the most underrated setup models in ICT trading:
- The Setup: Locate overlapping bullish and bearish FVGs, ideally on the 1-hour to 4-hour timeframes.
- Execution: Wait for price to revisit this overlap following a confirmed Market Structure Shift (MSS). The reaction inside this confluence is usually immediate and sharp.
- The Edge: While average retail traders trade single FVGs in isolation, entering at the intersection captures the compound liquidity of both imbalances.
The Underlying Mechanics
- Single Inefficiencies: A standard Fair Value Gap represents one-sided delivery—a rapid displacement where either buyers or sellers were largely absent.
- Dual Inefficiencies: A BPR represents a corridor that price aggressively skipped twice — once going up without sellers, and second time going down without buyers.
- Algorithmic Repricing: When price returns to a BPR, the delivery algorithm is repricing an area of double inefficiency. Because both buy-side and sell-side resting orders line up inside this narrow range, retests typically trigger decisive expansion away from the zone.
SETTINGS:
- Show HTF BPRs - enable displaying of BPR zones on higher (or current) timeframe
- Looback - how many previous bars are used to find BPRs
- Auto Higher timeframe (one step up) - when enabled, the script works using data from the next higher timeframe above the chart's timeframe
- Manual HTF - when the previous option is not enabled, you can select manualy any higher timeframe (or chart TF)
- Wait for HTF Close (no repainting) - BPR is removed from the chart after higher timeframe close (this may take some time on higher timeframes)
- Max BPR Length - max distance between two opposing FVGs which are part of the same BPR
- Stop drawing BPR after X Candles - BPR is removed from the chart after this many bars
- Fill & Border - BPR decorations settings
- Side Marker & Border - apart from displaying factual BPRs as they are created, the script can also display box side markers
- Marker Position - define where the markers should be displayed (and their width)
- Mitigated BPR Boxes - select what happens when BPR is fully mitigated (the price closes through it). When "Remove" is selected, the corresponding Marker is removed as well. "Highlight" and "Display" options don't apply to the Markers.
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Disclaimer
The content provided in this script is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Within Inner Circle Trader (ICT) concepts, the Balanced Price Range (BPR) is especially important, as it helps to navigate institutional order flow. It pinpoints price zones where opposing market inefficiencies intersect, leaving pools of resting liquidity and unexecuted orders. This indicator automates the identification of these overlapping structures across any asset class while using data from higher (or current) timeframe.
How is this script different from other similar tools:
- Unique way of presenting BPR zones with focus on clarity and simplicity
- Highly configurable and customizable
- Automatic timeframe selection which always uses next higher timeframe (can be manually overridden)
- It marks BPRs on either higher or current timeframe providing more flexibility
- Uses side box markers which can help to navigate busy charts (can be turned off)
- Option to wait for higher timeframe close before removing BPR from the chart which should eliminate any repainting during mitigation
- Markers are highlighted when price touches BPRs, giving clear indication the price interacts with this BPR
What is BPR
A Balanced Price Range - frequently referred to as a double Fair Value Gap occurs when a bullish FVG and a bearish FVG directly overlap. Because both buyers and sellers created imbalances across the exact same price window, these overlapping zones become high-probability reaction areas. In algorithmic price delivery, BPRs serve as primary rebalancing targets where the market seeks liquidity before expanding or reversing.
What is FVG
FVG or Fair Value Gap is a three-candle formation where the middle candle moves so aggressively creating displacement that it leaves a gap between the wick of the prior candle and the wick of the following candle.
Trading BPR
BPR entries remain one of the most underrated setup models in ICT trading:
- The Setup: Locate overlapping bullish and bearish FVGs, ideally on the 1-hour to 4-hour timeframes.
- Execution: Wait for price to revisit this overlap following a confirmed Market Structure Shift (MSS). The reaction inside this confluence is usually immediate and sharp.
- The Edge: While average retail traders trade single FVGs in isolation, entering at the intersection captures the compound liquidity of both imbalances.
The Underlying Mechanics
- Single Inefficiencies: A standard Fair Value Gap represents one-sided delivery—a rapid displacement where either buyers or sellers were largely absent.
- Dual Inefficiencies: A BPR represents a corridor that price aggressively skipped twice — once going up without sellers, and second time going down without buyers.
- Algorithmic Repricing: When price returns to a BPR, the delivery algorithm is repricing an area of double inefficiency. Because both buy-side and sell-side resting orders line up inside this narrow range, retests typically trigger decisive expansion away from the zone.
SETTINGS:
- Show HTF BPRs - enable displaying of BPR zones on higher (or current) timeframe
- Looback - how many previous bars are used to find BPRs
- Auto Higher timeframe (one step up) - when enabled, the script works using data from the next higher timeframe above the chart's timeframe
- Manual HTF - when the previous option is not enabled, you can select manualy any higher timeframe (or chart TF)
- Wait for HTF Close (no repainting) - BPR is removed from the chart after higher timeframe close (this may take some time on higher timeframes)
- Max BPR Length - max distance between two opposing FVGs which are part of the same BPR
- Stop drawing BPR after X Candles - BPR is removed from the chart after this many bars
- Fill & Border - BPR decorations settings
- Side Marker & Border - apart from displaying factual BPRs as they are created, the script can also display box side markers
- Marker Position - define where the markers should be displayed (and their width)
- Mitigated BPR Boxes - select what happens when BPR is fully mitigated (the price closes through it). When "Remove" is selected, the corresponding Marker is removed as well. "Highlight" and "Display" options don't apply to the Markers.
-----------------
Disclaimer
The content provided in this script is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。