ICT First Presented & Reflection FVG [TradeSymmetry]
Overview
The TradeSymmetry First Presented & Reflection Fair Value Gap Engine automates the identification, mapping, and Consequent Encroachment (C.E.) tracking of the two most critical institutional imbalances formed during session open:
Core Concepts & Mechanics
1. First Presented FVG (1st P. FVG)
When the session window opens (default 09:30 AM New York Equities Open), price frequently expands to rebalance liquidity. The engine captures the very first valid 3-candle imbalance:
2. The Reflection FVG (Mirror Imbalance)
Institutional order flow often seeks liquidity by testing both sides of the market. Once the 1st Presented FVG forms, any counter-displacement creates an opposing Fair Value Gap. This "Reflection FVG" acts as a magnet and prime institutional mitigation zone.
3. Consequent Encroachment (C.E.)
Rather than reacting to the outer boundary of the gap, institutional algorithms routinely seek the exact 50% midpoint of the imbalance (Consequent Encroachment). The indicator plots a precision midline with reference tags for both the 1st FVG and the Reflection FVG.
Key Features & User Settings
How to Use
Disclaimer: This indicator is designed for educational and analytical purposes only. Trading futures, equities, forex, and cryptocurrency involves significant financial risk.
The TradeSymmetry First Presented & Reflection Fair Value Gap Engine automates the identification, mapping, and Consequent Encroachment (C.E.) tracking of the two most critical institutional imbalances formed during session open:
- First Presented Fair Value Gap (1st P. FVG): The initial liquidity imbalance (BISI or SIBI) printed as the session opens and establishes directional bias.
- First Presented Reflection Fair Value Gap (1st P. Reflection FVG): The critical opposite imbalance formed after the initial FVG.
- If the 1st FVG is Bullish (BISI), the Reflection FVG is the subsequent first Bearish (SIBI) imbalance.
- If the 1st FVG is Bearish (SIBI), the Reflection FVG is the subsequent first Bullish (BISI) imbalance.
- Consequent Encroachment (C.E. 50% Midline): Automatic mathematical equilibrium line calculation with optional exact price reference (0.5 (Price)).
- Session Open Price Benchmark: Dynamic reference level tracking session opening auction price (e.g., 09:30 NY Open).
Core Concepts & Mechanics
1. First Presented FVG (1st P. FVG)
When the session window opens (default 09:30 AM New York Equities Open), price frequently expands to rebalance liquidity. The engine captures the very first valid 3-candle imbalance:
- Bullish (BISI): Low[0] > High[2] (Buy-Side Imbalance, Sell-Side Inefficiency)
- Bearish (SIBI): High[0] < Low[2] (Sell-Side Imbalance, Buy-Side Inefficiency)
2. The Reflection FVG (Mirror Imbalance)
Institutional order flow often seeks liquidity by testing both sides of the market. Once the 1st Presented FVG forms, any counter-displacement creates an opposing Fair Value Gap. This "Reflection FVG" acts as a magnet and prime institutional mitigation zone.
3. Consequent Encroachment (C.E.)
Rather than reacting to the outer boundary of the gap, institutional algorithms routinely seek the exact 50% midpoint of the imbalance (Consequent Encroachment). The indicator plots a precision midline with reference tags for both the 1st FVG and the Reflection FVG.
Key Features & User Settings
- Session Presets:
- 09:30 - 11:00 (NY Morning / RTH Open) (Default)
- 10:00 - 11:00 (NY AM Silver Bullet)
- 09:30 - 16:00 (Full NY RTH Session)
- 03:00 - 04:00 (London Silver Bullet)
- 02:00 - 05:00 (London Open)
- 14:00 - 15:00 (NY PM Silver Bullet)
- Custom Session with custom time format.
- Displacement Verification: Optional filter requiring the impulse bar to sweep recent swing highs or swing lows.
- Minimum Gap Filter: Filter out micro-ticks and market noise below a specified tick threshold.
- Dynamic Extension Modes:
- Extend to Current Bar: Dynamically projects active levels forward across the chart.
- Session Specific (No Extension): Confines levels strictly within their originating session boundary.
- Extend Infinitely (Right): Casts levels forward into future price action.
- Label Customization:
- Toggle between Clean Text or Badge format.
- Format options: Day + Date (e.g. Fri 09/04 1st P. FVG), Day Only, Date Only, or Short.
- Midline 0.5 price reference toggles.
- Session HUD Dashboard: Top-right dashboard summarizing live session status, active session open price, and detected imbalances.
- Institutional Alerts: Built-in alerts for 1st FVG formation, Reflection FVG formation, and Reflection C.E. tests.
How to Use
- Context & Bias: Let the session open and wait for the 1st Presented FVG to print.
- Identify the Counter-Imbalance: Watch for displacement back in the opposite direction printing the Reflection FVG.
- Execution: Monitor price delivery toward the Consequent Encroachment (50% level) of the Reflection FVG or 1st FVG for institutional reaction and continuation toward key session liquidity pools.
Disclaimer: This indicator is designed for educational and analytical purposes only. Trading futures, equities, forex, and cryptocurrency involves significant financial risk.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.