Summary of "📊 FVG and Void indicator for ICT in MT4/5 - Free - [TradingFinder]"

The video presents a detailed overview of the FVG (Fair Value Gap) and Void indicator designed specifically for the ICT (Inner Circle Trader) trading methodology, available for MetaTrader 4 and MetaTrader 5 platforms via the TradingFinder website.

Main Financial Strategies and Concepts:

Fair Value Gap (FVG): A price gap between candlesticks where the first candle’s high/low does not overlap with the third candle’s low/high, creating a potential support or resistance zone.
FVG Zones: These zones act as significant areas where price is likely to react, either reversing or stalling.
Bullish and Bearish FVG Zones: Bullish zones are marked in green, bearish zones in brown.
Zone Validity: An FVG zone remains valid until the price fully consumes the gap and closes within or below it. If price closes inside the zone or only consumes it with a shadow, the zone is invalidated and removed from the chart.

Indicator Features and Functionalities:

Automatically identifies and draws FVG Zones on the chart.
Displays the extent of the zone consumed by price.
Differentiates between bullish and bearish FVG Zones with color coding.
Allows traders to customize the number of candles reviewed for FVG detection.
Offers five detection modes for FVG identification:
- Normal (default)
- Very Aggressive
- Aggressive
- Defensive
- Very Defensive
Stricter modes reduce the number of detected zones but increase reliability.
Enables toggling the display of FVG Zones and the number of recent zones shown.
Supports display modes for FVG ranges (ascending/descending) with options for normal or void usage.
Customizable colors for support (bullish) and resistance (bearish) zones.

Methodology / Step-by-step Guide to Use the Indicator:

Download and install the indicator from TradingFinder for MT4/MT5.
Load the indicator onto the chart via the Navigator panel.
Adjust settings under the Inputs tab:
- Set the number of candles to scan (default 1,000).
- Choose detection mode based on desired strictness.
- Enable or disable display of FVG Zones and specify how many recent zones to show.
- Select display mode for FVG ranges and void mode usage.
- Customize colors for bullish and bearish zones.
Observe the chart for automatically drawn FVG Zones and monitor price reactions.
Use the indicator’s visual cues to identify potential support/resistance and plan trades accordingly.

Market Analysis and Business Trends:

The indicator facilitates ICT traders in identifying key price reaction zones, improving decision-making based on price structure and gaps.
It supports a data-driven approach by quantifying how much of the FVG zone price has consumed.
The availability of multiple detection modes allows traders to tailor the tool to different market conditions and risk preferences.