Summary of 📥 FVG Instantaneous Mitigation Signals Indicator MT4&5 Download - Free - [TFlab]

The video presents the FWG (Fair Value Gap) Instantaneous Mitigation Signals Indicator for MetaTrader 4 and 5 platforms, available for free download on the Trading Finder website. This indicator helps traders identify buy and sell signals based on the filling and breaking of fair value gaps (FWG) on price charts.

Main Financial Strategies and Market Analysis:

Fair Value Gap (FWG) Trading Strategy:
- The indicator issues buy or sell signals when price closes above or below a fair value gap level.
- Sell signals occur when price breaks below the FWG, and buy signals when price breaks above.
- A trailing stop is automatically generated after a signal, moving along with price changes.
- The trailing stop moves down (for sell signals) or up (for buy signals) and only stops extending when price closes beyond the stop loss level.
- This approach aims to capture trends while protecting profits via trailing stops.
- The strategy reportedly has a high win rate, with losing trades typically closing at break-even in worst-case scenarios.

Indicator Features and Settings:

Signal Generation: Based on price action filling or breaking fair value gaps.
Trailing Stop Calculation:
- Uses Average True Range (ATR) multiplied by an adjustable ATR coefficient (multiplier) added to the closing price.
- Adjusting the ATR coefficient changes the trailing stop distance: lower values bring it closer to price; higher values move it further away.
Display Options:
- Three visual modes: Dark Theme, Light Theme, and Auto (which colors profitable candles bright green and losing candles bright red).
Average Size Filter: Can be toggled on/off and adjusted (default 10 points) to filter signals based on gap size.
Customization:
- Users can drag and drop the indicator file onto their charts.
- DLL imports must be enabled for full functionality.
- Templates and color schemes can be customized for better visualization.

Step-by-Step Guide to Use the Indicator:

Download the indicator file for MT4 or MT5 from the Trading Finder website.
Drag and drop the indicator onto the trading chart.
Enable DLL imports in the platform settings.
Choose the display mode (dark, light, or auto).
Adjust the average size filter and ATR coefficient as needed.
Confirm settings to apply changes and start receiving buy/sell signals with trailing stops.
Monitor signals and trailing stops to manage trades effectively.

Presenter/Source:

The tutorial is provided by TFlab, as indicated in the video title and content.

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