Summary of 🔍BPR + SFP indicator ICT in MT4/5 📥Download - Free - [TradingFinder]🔍

The video presents a tutorial on the BPR + SFP indicator designed in the ICT (Inner Circle Trader) style, available for free download on the TradingFinder website for MetaTrader 4 and MetaTrader 5 platforms. This indicator helps traders identify key market zones and patterns to improve trading decisions.

Main Financial Strategies and Market Analyses Presented:

BPR Zones (Breakout Pullback Reversal Zones):
These zones form at the intersection of two Order Blocks (OBs) — one bullish and one bearish — indicating potential price reversal areas. For example, in an uptrend, an upward OB forms followed by a downward OB; their intersection marks the BPR zone.
Swing Failure Patterns (SFP):
These occur when price attempts an incomplete breakout beyond a significant level but fails and reverses. The indicator identifies these by spotting when price breaks out of a range (using shadow or body of candles) and then returns, signaling potential reversals confirmed by the next candle.

How the Indicator Works:

Once loaded onto the chart (after enabling DLL imports), it automatically detects and draws BPR Zones and SFP zones.
BPR Zones highlight key reversal areas based on overlapping order blocks.
SFP signals alert traders to failed breakouts and possible price reversals.

Customization and Settings:

Theme Settings: Choose between Dark, Light, or Auto themes for chart appearance.
General Settings: Set the number of candles to analyze for BPR and SFP detection.
Object Prefix: Customize naming to avoid conflicts with other indicators.
SFP Mode: Choose detection based on candle shadow only (default) or both shadow and body.
Display Options: Enable or disable the visualization of BPR Zones and SFP signals independently.
Confirm changes to apply settings and update the chart view.

Step-by-Step Guide to Using the Indicator:

Download the indicator file from TradingFinder for MT4 or MT5.
From the Navigator section, drag the indicator onto the chart.
Enable “Allow DLL Imports” in the command settings and confirm.
Adjust settings as desired (theme, candle count, SFP mode, display options).
Observe the chart as the indicator marks BPR Zones and SFP signals.
Use these signals to identify potential reversal points and improve trade entries/exits.

Presenters/Sources:

The tutorial is provided by TradingFinder (no individual presenter named).

This indicator aids traders in recognizing key market reversal zones and failed breakout patterns, enhancing technical analysis and decision-making in Forex or other markets on MT4/MT5 platforms.

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