OPEN-SOURCE SCRIPT

FxNeel Institutional Swing & FVG Matrix

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Developed under the FxNeel, this open-source Pine Script v6 indicator is designed for professional traders utilizing advanced market structure frameworks and institutional volume tracking. The script focuses on identifying clear structural key points while maintaining chart cleanliness through intelligent filtering.

Key Features:
Four-Way Independent Swing Structure: It dynamically tracks Short-Term Highs (STH), Short-Term Lows (STL), Intermediate-Term Highs (ITH), and Intermediate-Term Lows (ITL).

Automatic Overlap Filter: To ensure chart clarity and prevent clutter, the indicator automatically removes minor STH/STL lines and labels once a major institutional pivot (ITH/ITL) is fully confirmed.

Dynamic Fair Value Gap (FVG) Engine: It tracks dynamic market imbalances (Bullish/Bearish FVGs) with real-time, state-based mitigation logic, modifying or removing zones as price action tests the gaps.

Granular UI Customization: Features a fully structured settings panel where visibility, line styles, text colors, and exact 4-way label alignments (Vertical and Horizontal) can be customized independently for each swing type.

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