OPEN-SOURCE SCRIPT
MNQ Fractal SFP & FVG Master
Overview:
This script is a Multi-Timeframe (MTF) execution assistant designed specifically for the Micro E-mini Nasdaq 100 (MNQ). It mechanically automates the visual detection of the "Fractal SFP Model"—a high-probability mean-reversion strategy that capitalizes on algorithmic stop-hunts and subsequent institutional displacement.
How It Works (The Logic):
The indicator runs natively on the 5-Minute (M5) chart while quietly pulling 15-Minute (M15) data in the background to calculate institutional rejection wicks without requiring you to switch timeframes.
Phase 1: The Trap (M15 SFP): The script scans the background M15 timeframe for a Swing Failure Pattern. It mathematically defines a valid "trap" as an M15 candle where the sweep wick is at least 1.5x larger than the physical body of the candle, proving violent institutional rejection of a price level.
Phase 2: The Displacement (M5 FVG): Once a trap is confirmed, the script actively scans the current M5 chart for a 3-candle Fair Value Gap (FVG) forming in the opposite direction. This proves that institutional order flow has stepped in and created a structural void.
Phase 3: The Confluence: If a valid M5 FVG prints within a customizable lookback window (default 3 bars) of an M15 trap, the system locks in the setup and fires a trigger.
Visual Guide:
Green/Red Shaded Boxes: Highlights valid 5-Minute Fair Value Gaps natively on the chart. The boxes extend to the right until mitigated.
Green Triangle (Up): Prints below the candlestick when a Bullish M15 Sweep perfectly aligns with a new Bullish M5 FVG.
Red Triangle (Down): Prints above the candlestick when a Bearish M15 Sweep perfectly aligns with a new Bearish M5 FVG.
Execution Protocol & Rules of Engagement:
This is an alert-driven alert system, not a blind autotrader. It includes native TradingView alert conditions (🚨 BULLISH FRACTAL SFP and 🚨 BEARISH FRACTAL SFP).
The Human Filter: When an alert fires and a triangle prints, the trader must manually verify that the M15 trap wick actively pierced a mapped 1-Hour (H1) structural liquidity pool (e.g., London High/Low, Previous Session High/Low).
The Kill Switch: If the trigger prints in the middle of a choppy range, it is algorithmic noise. The setup is ignored.
The Green Light: If the trigger prints exactly at a predefined H1 structural line, the trader calculates risk and places a limit order at the nearest boundary of the highlighted FVG.
This script is a Multi-Timeframe (MTF) execution assistant designed specifically for the Micro E-mini Nasdaq 100 (MNQ). It mechanically automates the visual detection of the "Fractal SFP Model"—a high-probability mean-reversion strategy that capitalizes on algorithmic stop-hunts and subsequent institutional displacement.
How It Works (The Logic):
The indicator runs natively on the 5-Minute (M5) chart while quietly pulling 15-Minute (M15) data in the background to calculate institutional rejection wicks without requiring you to switch timeframes.
Phase 1: The Trap (M15 SFP): The script scans the background M15 timeframe for a Swing Failure Pattern. It mathematically defines a valid "trap" as an M15 candle where the sweep wick is at least 1.5x larger than the physical body of the candle, proving violent institutional rejection of a price level.
Phase 2: The Displacement (M5 FVG): Once a trap is confirmed, the script actively scans the current M5 chart for a 3-candle Fair Value Gap (FVG) forming in the opposite direction. This proves that institutional order flow has stepped in and created a structural void.
Phase 3: The Confluence: If a valid M5 FVG prints within a customizable lookback window (default 3 bars) of an M15 trap, the system locks in the setup and fires a trigger.
Visual Guide:
Green/Red Shaded Boxes: Highlights valid 5-Minute Fair Value Gaps natively on the chart. The boxes extend to the right until mitigated.
Green Triangle (Up): Prints below the candlestick when a Bullish M15 Sweep perfectly aligns with a new Bullish M5 FVG.
Red Triangle (Down): Prints above the candlestick when a Bearish M15 Sweep perfectly aligns with a new Bearish M5 FVG.
Execution Protocol & Rules of Engagement:
This is an alert-driven alert system, not a blind autotrader. It includes native TradingView alert conditions (🚨 BULLISH FRACTAL SFP and 🚨 BEARISH FRACTAL SFP).
The Human Filter: When an alert fires and a triangle prints, the trader must manually verify that the M15 trap wick actively pierced a mapped 1-Hour (H1) structural liquidity pool (e.g., London High/Low, Previous Session High/Low).
The Kill Switch: If the trigger prints in the middle of a choppy range, it is algorithmic noise. The setup is ignored.
The Green Light: If the trigger prints exactly at a predefined H1 structural line, the trader calculates risk and places a limit order at the nearest boundary of the highlighted FVG.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.