OPEN-SOURCE SCRIPT
MTF Swing FVG OB
MTF Swing FVG OB is a price action indicator that automatically detects Fair Value Gap Order Blocks (FVG OB) across multiple timeframes while also marking important swing levels based on momentum candles without wicks.
The indicator is designed for traders who use Smart Money Concepts (SMC) and price imbalance structures to identify high-probability trading zones.
Key Features:
Multi-Timeframe FVG Order Blocks
The indicator detects FVG Order Blocks on both:
Higher Timeframe (HTF)
Current Timeframe (CTF)
These zones are displayed as colored boxes on the chart, allowing traders to easily see market imbalance areas and potential institutional activity across multiple timeframes.
Momentum-Based Swing Levels
Swing Highs and Lows are identified using momentum candles without wicks, which often represent strong impulsive market moves.
These swing levels are displayed as:
horizontal lines
level markers above or below candles
They often act as liquidity levels where price may react.
Automatic Order Block Mitigation
When price fully fills or breaks through an FVG OB zone, the indicator automatically detects the mitigation.
Mitigated zones can either:
remain visible
or be automatically removed from the chart depending on the settings.
This helps keep the chart clean and focused on active zones.
How to Use
The strongest signals occur when multiple FVG Order Blocks align in the same area.
High probability setups include:
Order Block inside another Order Block
HTF OB overlapping with CTF OB
At least two OB zones forming in the same price level
Typical workflow:
Identify a Higher Timeframe FVG OB zone
Wait for a Current Timeframe OB to form within that zone
Look for OB inside OB structure
Wait for price to return into the zone
Enter on confirmation or structure reaction
The more Order Block confluence, the stronger the potential signal.
Best For
Smart Money Concepts (SMC)
ICT style trading
Price Action trading
Scalping
Intraday trading
Liquidity based setups
The indicator is designed for traders who use Smart Money Concepts (SMC) and price imbalance structures to identify high-probability trading zones.
Key Features:
Multi-Timeframe FVG Order Blocks
The indicator detects FVG Order Blocks on both:
Higher Timeframe (HTF)
Current Timeframe (CTF)
These zones are displayed as colored boxes on the chart, allowing traders to easily see market imbalance areas and potential institutional activity across multiple timeframes.
Momentum-Based Swing Levels
Swing Highs and Lows are identified using momentum candles without wicks, which often represent strong impulsive market moves.
These swing levels are displayed as:
horizontal lines
level markers above or below candles
They often act as liquidity levels where price may react.
Automatic Order Block Mitigation
When price fully fills or breaks through an FVG OB zone, the indicator automatically detects the mitigation.
Mitigated zones can either:
remain visible
or be automatically removed from the chart depending on the settings.
This helps keep the chart clean and focused on active zones.
How to Use
The strongest signals occur when multiple FVG Order Blocks align in the same area.
High probability setups include:
Order Block inside another Order Block
HTF OB overlapping with CTF OB
At least two OB zones forming in the same price level
Typical workflow:
Identify a Higher Timeframe FVG OB zone
Wait for a Current Timeframe OB to form within that zone
Look for OB inside OB structure
Wait for price to return into the zone
Enter on confirmation or structure reaction
The more Order Block confluence, the stronger the potential signal.
Best For
Smart Money Concepts (SMC)
ICT style trading
Price Action trading
Scalping
Intraday trading
Liquidity based setups
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.