iFVG Core: Smart Money Concepts [AxeAlgo]
Precision Fair Value Gaps (FVG), Inversion Role-Flips (iFVG), Balanced Price Ranges (BPR), and Macro Higher-Timeframe (HTF) Reference. 100% Non-Repainting, Clean Market Structure Visualization.
Overview: Clean Market Structure Visualization
Most Fair Value Gap (FVG) and Smart Money Concept (SMC) scripts clutter charts with dozens of overlapping colored rectangles, endless dashed lines, and repetitive reaction arrows that obscure price action during sustained trends.
iFVG Core by AxeAlgo is engineered to provide systematic, clean market structure analysis:
1. Clean Canvas and Selective Projection: Selective forward projection ensures that only the nearest active supply and demand levels project forward to the live price scale with right-margin price tags. Older unmitigated levels freeze locally without cluttering your chart, while mitigated zones seamlessly dissolve into subtle frosted glass.
2. Minimalist Floating Diamonds: Eliminates oversized text boxes that obscure candle wicks. Reaction markers display as floating obsidian diamonds, with detailed structural SMC data, zone boundaries, and 50% equilibrium metrics tucked into on-hover tooltips.
3. High-Momentum Spacing and Anti-Clustering: Standard scripts frequently plot repetitive markers when price moves rapidly through adjacent zones. The Directional Momentum Lockout (15 bars default) and Zone Reaction Cap (1 reaction per corridor default) prevent duplicate marker clumping, keeping reaction points distinct.
4. Balanced Price Ranges (BPR): Automatically detects and highlights intersecting BISI and SIBI zones in radiant violet, mapping areas where two-sided price delivery has occurred.
5. Non-Repainting Macro HTF Reference: Projects the nearest Higher-Timeframe (1H, 4H, Daily) FVG anchor corridor directly onto your execution chart using completed, closed historical bar lookups.
Core SMC Algorithmic Mechanics
1. Imbalance Detection (BISI and SIBI)
- Buyside Imbalance Sellside Inefficiency (BISI): Formed during buying displacement where candle [1] low exceeds candle [3] high. Renders as a demand corridor in emerald green.
- Sellside Imbalance Buyside Inefficiency (SIBI): Formed during selling displacement where candle [1] high is below candle [3] low. Renders as a supply corridor in rose.
- Body and Volume Filtering: Evaluates candle body dominance (requiring body-to-range ratio >= 45%) and minimum ATR sizing to filter out micro-range fluctuations.
2. Inversion Role-Flips (iFVG)
When an active demand corridor is breached by a candle close, market structure shifts. Rather than being discarded, the breached corridor automatically converts into Inverted Resistance in royal gold. Conversely, breached supply corridors invert into Inverted Support.
3. Balanced Price Ranges (BPR)
A Balanced Price Range occurs when displacement in one direction is followed by counter-displacement, leaving an overlapping price corridor between an active BISI and SIBI. The intersecting corridor represents two-sided price discovery. iFVG Core highlights these equilibrium areas in radiant violet with dedicated right-margin tags and alerts.
4. Macro Higher-Timeframe (HTF) Reference
Analyzing lower-timeframe charts (1m, 3m, 5m, 15m) alongside higher-timeframe structure provides essential contextual awareness. The HTF Reference module fetches completed higher-timeframe bars (1H, 4H, Daily) and projects the nearest active macro demand or supply corridor with a dashed amber border and pinned right-margin tag.
- Non-Repainting Architecture: Data is fetched strictly from closed historical bars. Past bars remain static and never recalculate or repaint.
5. 50% Consequent Encroachment (C.E.)
Within an imbalance gap, the 50% midpoint is recognized as the Consequent Encroachment (C.E.) equilibrium line. iFVG Core draws a dotted rail through the corridor midpoint. When price wicks into the 50% level, the rail turns bright yellow to indicate the equilibrium test.
Reaction Markers and Pacing Architecture
iFVG Core plots objective SMC Retest Confirmations:
- Bullish Reaction (diamond below candle): Confirms when price enters an active BISI or inverted support corridor, forms a lower rejection wick (>= 20% of candle range), closes on the defended side of the 50% C.E. line, and aligns above the 50 EMA baseline.
- Bearish Reaction (diamond above candle): Confirms when price enters an active SIBI or inverted resistance corridor, forms an upper rejection wick, closes on the defended side of the 50% C.E. line, and aligns below the 50 EMA baseline.
Pacing and Deduplication Controls:
During strong trends, price can encounter multiple small imbalance gaps within a short window:
1. Max Reactions Per Corridor (1 default): Each corridor confirms at most one reaction badge to prevent repeated triggers at the same level.
2. Directional Momentum Lockout (15 bars default): Once a reaction badge appears, subsequent same-direction reactions are locked out for 15 bars, preventing duplicate badges during momentum expansions.
Hovering over any diamond displays the full structural breakdown:
AxeAlgo iFVG - Bullish Demand Retest
- Structure: Unmitigated BISI (Demand)
- Defending Range: 81,057.22 to 81,420.00
- 50% C.E. Equilibrium: 81,238.61
- Reaction: Lower wick defense off equilibrium
- Trend Filter: Bullish (Close >= 50 EMA)
Visual Guide: On-Chart Components
- Active Demand (BISI): Emerald. Unfilled buy-side imbalance corridor with right-margin tag.
- Active Supply (SIBI): Rose. Unfilled sell-side imbalance corridor with right-margin tag.
- Balanced Price Range (BPR): Radiant Violet. Overlapping BISI and SIBI corridor intersection.
- Inversion Corridor (iFVG): Royal Gold. Breached demand flipped to resistance, or breached supply flipped to support.
- Macro HTF Anchor: Amber. Higher-Timeframe (1H, 4H, Daily) macro supply or demand corridor.
- 50% C.E. Equilibrium Rail: Dotted Gold. Corridor midpoint that highlights when tested.
- Minimalist Reaction Marker: Obsidian Diamond. Floating defense marker with on-hover structural tooltip.
- Status Pill (Corner): Obsidian Glass Pill. Real-time overview of active supply and demand counts and nearest level distance.
- Watermark (Bottom): Obsidian and Gold. Discreet AxeAlgo identification watermark.
Educational Market Structure Walkthroughs
Walkthrough 1: Consequent Encroachment (C.E.) Retest
1. Identify displacement creating an unfilled BISI (emerald green corridor).
2. Monitor price retracing into the corridor toward the 50% Consequent Encroachment rail.
3. Observe whether candle wicking occurs on the defended side of the C.E.
4. When confirmation criteria are met, a diamond marker appears below the candle.
Walkthrough 2: Inversion Role-Flip (iFVG)
1. A bearish SIBI supply zone is identified.
2. Subsequent price movement closes cleanly through and above the corridor.
3. The corridor converts to royal gold Inverted Support.
4. When price returns to retest the flipped level from above, observe whether the former resistance holds as new support.
Walkthrough 3: Balanced Price Range (BPR) Interaction
1. Identify violet corridors tagged with BPR.
2. Because both buy-side and sell-side imbalances overlap within this range, price often moves cleanly through until retesting the corridor edges or midpoint.
3. Observe reactions as price approaches the shared BPR boundaries.
Walkthrough 4: Macro HTF Reference and Lower-Timeframe Alignment
1. Enable Show Macro HTF Anchor Corridor with 60 (1H) or 240 (4H).
2. On the lower-timeframe execution chart (such as 5m or 15m), note the position of the macro HTF corridor relative to current price.
3. Observe whether lower-timeframe retests align with the directional bias of the macro corridor.
Settings and Configuration Guide
1. Liquidity Corridors and HTF Structure
- Corridor Toggles: Independently toggle Bullish (BISI), Bearish (SIBI), Balanced Price Ranges (BPR), and Inversion Flips (iFVG).
- Macro HTF Anchor Corridor: Projects the nearest unmitigated higher-timeframe FVG (1H, 4H, Daily) to the active chart with non-repainting historical data.
- Selective Projection: Set Max Active Demand (default 3) and Max Active Supply (default 3) to keep forward projections limited to the nearest key levels.
- 50% C.E. Equilibrium Rail and Price Tags: Midpoint equilibrium rail and right-margin price tags.
- Dynamic Corridor Trimming: Trims corridor boundaries dynamically as price fills unfilled liquidity.
2. Retest Reaction Markers (SMC Diamonds)
- Minimalist Mode (Diamonds Only): Enabled by default. Displays only the clean diamond glyph on the chart, storing full structural explanations in on-hover tooltips.
- Marker Style and Sizing: Select between AxeAlgo Obsidian Pills, Directional Glass Tags, Solid Modern Badges, or Cyber Minimalist glyphs.
- Trend Alignment Filter (50 EMA): Suppresses counter-trend reactions based on position relative to the 50-period EMA baseline.
- Retest Requirement: Choose between Strict (wick rejection >= 20% and defended close), Standard (candle close), or Loose (touch).
- Anti-Clustering Pacing: Directional Momentum Lockout (default 15 bars) and Max Reactions Per Corridor (default 1) prevent duplicate clustered markers during rapid trend runs.
3. Detection Sensitivity and Deduplication
- Min Gap Size (x ATR): Default 0.20 ATR filters out micro-range noise to isolate distinct imbalances.
- Candle Body Dominance (>= 45%): Ensures the displacement bar has an assertive body relative to its total range.
- Skip Overlaps: Automatically deduplicates stacked levels in identical price ranges.
- Volume Expansion: Optional filter requiring displacement volume to exceed the 20-period volume SMA baseline.
4. SMC Palette and Branding
- Custom Color Scheme: Tailor individual borders, fill tints, and reaction accents for BISI, SIBI, BPR, HTF, and Inversion corridors.
- Status HUD Pill and Watermark: Optional discreet single-line corner status display and canvas watermark.
Alert Suite
iFVG Core includes dedicated TradingView alert conditions:
- Bullish Retest Reaction: Confirmed demand or support defense.
- Bearish Retest Reaction: Confirmed supply or resistance defense.
- Bullish FVG Formed: New buy-side imbalance corridor created.
- Bearish FVG Formed: New sell-side imbalance corridor created.
- iFVG Inversion Role Flip: Active corridor breached and flipped role.
- Balanced Price Range (BPR) Formed: Overlapping opposing imbalances detected.
- Macro HTF Corridor Formed: New Higher-Timeframe macro anchor established.
Technical Standards and Compliance
- Pine Script v6 Standard: Built using Pine Script v6 syntax with strict types, zero compiler warnings, and optimized runtime performance.
- Non-Repainting Execution: All Higher-Timeframe (HTF) security queries use confirmed, closed historical bars. Historical levels and reaction markers remain completely static once the bar closes.
- Educational Market Structure Visualization: This script is an algorithmic charting tool designed solely to assist traders in visualizing Smart Money Concepts and imbalance corridors. It does not provide financial advice, trading signals, specific outcomes, or automated execution. Always practice prudent risk management.
Disclaimer
This indicator and its accompanying educational materials are provided strictly for informational and charting visualization purposes. Nothing contained in this script or description constitutes financial, investment, legal, or trading advice.
Trading financial markets, including cryptocurrencies, equities, indices, and foreign exchange, involves significant risk and the potential loss of capital. Market imbalances, Fair Value Gaps, and retest reaction points are historical structural references and do not promise or forecast future price movements.
Overview: Clean Market Structure Visualization
Most Fair Value Gap (FVG) and Smart Money Concept (SMC) scripts clutter charts with dozens of overlapping colored rectangles, endless dashed lines, and repetitive reaction arrows that obscure price action during sustained trends.
iFVG Core by AxeAlgo is engineered to provide systematic, clean market structure analysis:
1. Clean Canvas and Selective Projection: Selective forward projection ensures that only the nearest active supply and demand levels project forward to the live price scale with right-margin price tags. Older unmitigated levels freeze locally without cluttering your chart, while mitigated zones seamlessly dissolve into subtle frosted glass.
2. Minimalist Floating Diamonds: Eliminates oversized text boxes that obscure candle wicks. Reaction markers display as floating obsidian diamonds, with detailed structural SMC data, zone boundaries, and 50% equilibrium metrics tucked into on-hover tooltips.
3. High-Momentum Spacing and Anti-Clustering: Standard scripts frequently plot repetitive markers when price moves rapidly through adjacent zones. The Directional Momentum Lockout (15 bars default) and Zone Reaction Cap (1 reaction per corridor default) prevent duplicate marker clumping, keeping reaction points distinct.
4. Balanced Price Ranges (BPR): Automatically detects and highlights intersecting BISI and SIBI zones in radiant violet, mapping areas where two-sided price delivery has occurred.
5. Non-Repainting Macro HTF Reference: Projects the nearest Higher-Timeframe (1H, 4H, Daily) FVG anchor corridor directly onto your execution chart using completed, closed historical bar lookups.
Core SMC Algorithmic Mechanics
1. Imbalance Detection (BISI and SIBI)
- Buyside Imbalance Sellside Inefficiency (BISI): Formed during buying displacement where candle [1] low exceeds candle [3] high. Renders as a demand corridor in emerald green.
- Sellside Imbalance Buyside Inefficiency (SIBI): Formed during selling displacement where candle [1] high is below candle [3] low. Renders as a supply corridor in rose.
- Body and Volume Filtering: Evaluates candle body dominance (requiring body-to-range ratio >= 45%) and minimum ATR sizing to filter out micro-range fluctuations.
2. Inversion Role-Flips (iFVG)
When an active demand corridor is breached by a candle close, market structure shifts. Rather than being discarded, the breached corridor automatically converts into Inverted Resistance in royal gold. Conversely, breached supply corridors invert into Inverted Support.
3. Balanced Price Ranges (BPR)
A Balanced Price Range occurs when displacement in one direction is followed by counter-displacement, leaving an overlapping price corridor between an active BISI and SIBI. The intersecting corridor represents two-sided price discovery. iFVG Core highlights these equilibrium areas in radiant violet with dedicated right-margin tags and alerts.
4. Macro Higher-Timeframe (HTF) Reference
Analyzing lower-timeframe charts (1m, 3m, 5m, 15m) alongside higher-timeframe structure provides essential contextual awareness. The HTF Reference module fetches completed higher-timeframe bars (1H, 4H, Daily) and projects the nearest active macro demand or supply corridor with a dashed amber border and pinned right-margin tag.
- Non-Repainting Architecture: Data is fetched strictly from closed historical bars. Past bars remain static and never recalculate or repaint.
5. 50% Consequent Encroachment (C.E.)
Within an imbalance gap, the 50% midpoint is recognized as the Consequent Encroachment (C.E.) equilibrium line. iFVG Core draws a dotted rail through the corridor midpoint. When price wicks into the 50% level, the rail turns bright yellow to indicate the equilibrium test.
Reaction Markers and Pacing Architecture
iFVG Core plots objective SMC Retest Confirmations:
- Bullish Reaction (diamond below candle): Confirms when price enters an active BISI or inverted support corridor, forms a lower rejection wick (>= 20% of candle range), closes on the defended side of the 50% C.E. line, and aligns above the 50 EMA baseline.
- Bearish Reaction (diamond above candle): Confirms when price enters an active SIBI or inverted resistance corridor, forms an upper rejection wick, closes on the defended side of the 50% C.E. line, and aligns below the 50 EMA baseline.
Pacing and Deduplication Controls:
During strong trends, price can encounter multiple small imbalance gaps within a short window:
1. Max Reactions Per Corridor (1 default): Each corridor confirms at most one reaction badge to prevent repeated triggers at the same level.
2. Directional Momentum Lockout (15 bars default): Once a reaction badge appears, subsequent same-direction reactions are locked out for 15 bars, preventing duplicate badges during momentum expansions.
Hovering over any diamond displays the full structural breakdown:
AxeAlgo iFVG - Bullish Demand Retest
- Structure: Unmitigated BISI (Demand)
- Defending Range: 81,057.22 to 81,420.00
- 50% C.E. Equilibrium: 81,238.61
- Reaction: Lower wick defense off equilibrium
- Trend Filter: Bullish (Close >= 50 EMA)
Visual Guide: On-Chart Components
- Active Demand (BISI): Emerald. Unfilled buy-side imbalance corridor with right-margin tag.
- Active Supply (SIBI): Rose. Unfilled sell-side imbalance corridor with right-margin tag.
- Balanced Price Range (BPR): Radiant Violet. Overlapping BISI and SIBI corridor intersection.
- Inversion Corridor (iFVG): Royal Gold. Breached demand flipped to resistance, or breached supply flipped to support.
- Macro HTF Anchor: Amber. Higher-Timeframe (1H, 4H, Daily) macro supply or demand corridor.
- 50% C.E. Equilibrium Rail: Dotted Gold. Corridor midpoint that highlights when tested.
- Minimalist Reaction Marker: Obsidian Diamond. Floating defense marker with on-hover structural tooltip.
- Status Pill (Corner): Obsidian Glass Pill. Real-time overview of active supply and demand counts and nearest level distance.
- Watermark (Bottom): Obsidian and Gold. Discreet AxeAlgo identification watermark.
Educational Market Structure Walkthroughs
Walkthrough 1: Consequent Encroachment (C.E.) Retest
1. Identify displacement creating an unfilled BISI (emerald green corridor).
2. Monitor price retracing into the corridor toward the 50% Consequent Encroachment rail.
3. Observe whether candle wicking occurs on the defended side of the C.E.
4. When confirmation criteria are met, a diamond marker appears below the candle.
Walkthrough 2: Inversion Role-Flip (iFVG)
1. A bearish SIBI supply zone is identified.
2. Subsequent price movement closes cleanly through and above the corridor.
3. The corridor converts to royal gold Inverted Support.
4. When price returns to retest the flipped level from above, observe whether the former resistance holds as new support.
Walkthrough 3: Balanced Price Range (BPR) Interaction
1. Identify violet corridors tagged with BPR.
2. Because both buy-side and sell-side imbalances overlap within this range, price often moves cleanly through until retesting the corridor edges or midpoint.
3. Observe reactions as price approaches the shared BPR boundaries.
Walkthrough 4: Macro HTF Reference and Lower-Timeframe Alignment
1. Enable Show Macro HTF Anchor Corridor with 60 (1H) or 240 (4H).
2. On the lower-timeframe execution chart (such as 5m or 15m), note the position of the macro HTF corridor relative to current price.
3. Observe whether lower-timeframe retests align with the directional bias of the macro corridor.
Settings and Configuration Guide
1. Liquidity Corridors and HTF Structure
- Corridor Toggles: Independently toggle Bullish (BISI), Bearish (SIBI), Balanced Price Ranges (BPR), and Inversion Flips (iFVG).
- Macro HTF Anchor Corridor: Projects the nearest unmitigated higher-timeframe FVG (1H, 4H, Daily) to the active chart with non-repainting historical data.
- Selective Projection: Set Max Active Demand (default 3) and Max Active Supply (default 3) to keep forward projections limited to the nearest key levels.
- 50% C.E. Equilibrium Rail and Price Tags: Midpoint equilibrium rail and right-margin price tags.
- Dynamic Corridor Trimming: Trims corridor boundaries dynamically as price fills unfilled liquidity.
2. Retest Reaction Markers (SMC Diamonds)
- Minimalist Mode (Diamonds Only): Enabled by default. Displays only the clean diamond glyph on the chart, storing full structural explanations in on-hover tooltips.
- Marker Style and Sizing: Select between AxeAlgo Obsidian Pills, Directional Glass Tags, Solid Modern Badges, or Cyber Minimalist glyphs.
- Trend Alignment Filter (50 EMA): Suppresses counter-trend reactions based on position relative to the 50-period EMA baseline.
- Retest Requirement: Choose between Strict (wick rejection >= 20% and defended close), Standard (candle close), or Loose (touch).
- Anti-Clustering Pacing: Directional Momentum Lockout (default 15 bars) and Max Reactions Per Corridor (default 1) prevent duplicate clustered markers during rapid trend runs.
3. Detection Sensitivity and Deduplication
- Min Gap Size (x ATR): Default 0.20 ATR filters out micro-range noise to isolate distinct imbalances.
- Candle Body Dominance (>= 45%): Ensures the displacement bar has an assertive body relative to its total range.
- Skip Overlaps: Automatically deduplicates stacked levels in identical price ranges.
- Volume Expansion: Optional filter requiring displacement volume to exceed the 20-period volume SMA baseline.
4. SMC Palette and Branding
- Custom Color Scheme: Tailor individual borders, fill tints, and reaction accents for BISI, SIBI, BPR, HTF, and Inversion corridors.
- Status HUD Pill and Watermark: Optional discreet single-line corner status display and canvas watermark.
Alert Suite
iFVG Core includes dedicated TradingView alert conditions:
- Bullish Retest Reaction: Confirmed demand or support defense.
- Bearish Retest Reaction: Confirmed supply or resistance defense.
- Bullish FVG Formed: New buy-side imbalance corridor created.
- Bearish FVG Formed: New sell-side imbalance corridor created.
- iFVG Inversion Role Flip: Active corridor breached and flipped role.
- Balanced Price Range (BPR) Formed: Overlapping opposing imbalances detected.
- Macro HTF Corridor Formed: New Higher-Timeframe macro anchor established.
Technical Standards and Compliance
- Pine Script v6 Standard: Built using Pine Script v6 syntax with strict types, zero compiler warnings, and optimized runtime performance.
- Non-Repainting Execution: All Higher-Timeframe (HTF) security queries use confirmed, closed historical bars. Historical levels and reaction markers remain completely static once the bar closes.
- Educational Market Structure Visualization: This script is an algorithmic charting tool designed solely to assist traders in visualizing Smart Money Concepts and imbalance corridors. It does not provide financial advice, trading signals, specific outcomes, or automated execution. Always practice prudent risk management.
Disclaimer
This indicator and its accompanying educational materials are provided strictly for informational and charting visualization purposes. Nothing contained in this script or description constitutes financial, investment, legal, or trading advice.
Trading financial markets, including cryptocurrencies, equities, indices, and foreign exchange, involves significant risk and the potential loss of capital. Market imbalances, Fair Value Gaps, and retest reaction points are historical structural references and do not promise or forecast future price movements.
◆ AxeAlgo | axealgo.com
6 years building Pine Script indicators & strategies
6 years building Pine Script indicators & strategies
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.
◆ AxeAlgo | axealgo.com
6 years building Pine Script indicators & strategies
6 years building Pine Script indicators & strategies
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.