Summary of "📥 Inversion Fair Value Gaps (IFVG) Indicator in ICT to TradingView - Free Download - [TFlab]"

Key Technological Concepts and Product Features:

IFVG Indicator Overview:
The indicator identifies and visually marks Fair Value Gaps (FVG) and Inversion Fair Value Gaps (IFVG) on price charts.
- An FVG is a three-candle pattern where the first and third candle highs/lows create a gap, with the second candle forming the gap area.
- An IFVG forms when price breaks through an FVG level and then returns, turning the FVG area into an IFVG boundary, which may act as future support or resistance.
Functionality:
- The indicator automatically detects and draws FVG and IFVG boundaries on charts.
- Users can add the indicator to favorites on TradingView for quick access.
- It highlights potential support/resistance zones based on these gaps.
Settings and Customization Options:
- Enable/disable display of all or only recent FVGs and IFVGs.
- Set validity duration for FVG/IFVG boundaries (default 500 candles).
- Choose between light or dark theme modes for the indicator display.
- Toggle display of bullish and bearish FVG/IFVG boundaries with customizable colors.
- Select mitigation levels: proximal (closest), 50% level, or distal (farthest) IFVG boundaries for price action analysis.
FVG Filtering Levels:
Users can select from four filter modes to adjust the quality and quantity of FVGs displayed:
- Very Aggressive
- Aggressive
- Defensive (default)
- Very Defensive
These filters are based on candle size and bullish/bearish candle conditions to highlight higher quality FVGs and reduce noise.
Alerts and Notifications:
- Alerts can be activated/deactivated for when price hits or mitigates at FVG levels.
- Users can set alert frequency: all alerts, once per bar (while candle is active), or once per candle close.
- Custom alert naming and time zone settings (UTC based) are available.

Tutorial and Usage Guide:

Step-by-step instructions on how to search, add, and use the indicator on TradingView.
Explanation of the indicator’s visual elements and how to interpret FVG and IFVG zones for trading decisions.
Guidance on setting filters and alerts to optimize the indicator for different trading styles.

Main Speakers / Sources:

The tutorial is presented by TFlab, the developer or promoter of the IFVG Indicator, who explains the features and settings throughout the video.

Summary: This video is a comprehensive tutorial and user guide for the ICT-style IFVG Indicator on TradingView, focusing on identifying Fair Value Gaps and their inversions to assist traders in spotting key support/resistance levels. It covers installation, customization, filtering options, alert setup, and practical application tips, making it a valuable resource for traders interested in gap-based price action analysis.