Page 15 of 28

Re: Smart Money Concept (SMC) indicators for MT4

Posted: Mon Feb 05, 2024 8:58 pm
by ionone
ionone wrote: Sun Feb 04, 2024 11:35 pm here is a very simple and basic FVG Bands indicator

I don't think it exists yet.

you can select the number of bars back (default 2) for the computation
screenshot.505.jpg
I created another indi that separates bearish FVG and bullish FVG

Jeff

Re: Smart Money Concept (SMC) indicators for MT4

Posted: Mon Feb 05, 2024 9:08 pm
by chris006
Hi Ionone,

It does not work for me - nothing is shown on the chart. The previous indicator (FVG Bands) shows on the chart, the latest (FVG Bands [DUAL]) is not showing anything.
ionone wrote: Mon Feb 05, 2024 8:58 pm I created another indi that separates bearish FVG and bullish FVG

Jeff

screenshot.511.jpg
screenshot.512.jpg

Re: Smart Money Concept (SMC) indicators for MT4

Posted: Mon Feb 05, 2024 9:40 pm
by ionone
chris006 wrote: Mon Feb 05, 2024 9:08 pm Hi Ionone,

It does not work for me - nothing is shown on the chart. The previous indicator (FVG Bands) shows on the chart, the latest (FVG Bands [DUAL]) is not showing anything.
try renaming the indicator without the brackets ("[ ]"), maybe it comes from that

Re: Smart Money Concept (SMC) indicators for MT4

Posted: Mon Feb 05, 2024 9:59 pm
by chris006
I removed the brackets and re-compiled. Still nothing shows. Tried several symbols. Nothing shows.

edit: Is there any library that is needed for the indicator to work?
ionone wrote: Mon Feb 05, 2024 9:40 pm try renaming the indicator without the brackets ("[ ]"), maybe it comes from that

Re: Smart Money Concept (SMC) indicators for MT4

Posted: Mon Feb 05, 2024 11:16 pm
by ionone
chris006 wrote: Mon Feb 05, 2024 9:59 pm I removed the brackets and re-compiled. Still nothing shows. Tried several symbols. Nothing shows.

edit: Is there any library that is needed for the indicator to work?
no there is no libray. I barely changed the code by adding two additionnal buffers

then changed the code a little bit but I rechecked the code and everything seems fine

i'm not sure where your error comes from
do you have colors in the "color" panel ? anybody else having the same issue for the DUAL indi ?

Re: Smart Money Concept (SMC) indicators for MT4

Posted: Tue Feb 06, 2024 1:51 am
by chris006
See attached screenshot. Also looked at the Journal tab - it just shows that the indicator was loaded successfully.
ionone wrote: Mon Feb 05, 2024 11:16 pm no there is no libray. I barely changed the code by adding two additionnal buffers

then changed the code a little bit but I rechecked the code and everything seems fine

i'm not sure where your error comes from
do you have colors in the "color" panel ?
screenshot.513.jpg

anybody else having the same issue for the DUAL indi ?

Re: Smart Money Concept (SMC) indicators for MT4

Posted: Tue Feb 06, 2024 2:38 am
by mrtools
ionone wrote: Mon Feb 05, 2024 11:16 pm no there is no libray. I barely changed the code by adding two additionnal buffers

then changed the code a little bit but I rechecked the code and everything seems fine

i'm not sure where your error comes from
do you have colors in the "color" panel ?
screenshot.513.jpg

anybody else having the same issue for the DUAL indi ?
Yeah, getting array out of range error.

Re: Smart Money Concept (SMC) indicators for MT4

Posted: Tue Feb 06, 2024 3:15 am
by ionone
chris006 wrote: Tue Feb 06, 2024 1:51 am See attached screenshot. Also looked at the Journal tab - it just shows that the indicator was loaded successfully.
try these please

Jeff

Re: Smart Money Concept (SMC) indicators for MT4

Posted: Tue Feb 06, 2024 3:19 am
by chris006
Yes, now both load on chart - seem to be OK.
ionone wrote: Tue Feb 06, 2024 3:15 am try these please

Jeff

Re: Smart Money Concept (SMC) indicators for MT4

Posted: Tue Feb 06, 2024 8:27 am
by SijjiN
FVG Sessions
Created May 4, 2023
(c) LuxAlgo

The FVG Sessions indicator highlights the first fair value gap of the trading session as well as the session range. Detected fair value gaps extend to the end of the trading session.
Alerts are included on the formation of a session fair value gap, price being within a session fair value gap, mitigations, and price crossing session fair value gaps average.

Trader ICT states that the first fair value gap of the trading session can attract the most significant reaction. Having only one FVG per session allows users to further focus on that precise imbalance as well as external elements.

The mitigation of a fair value gap is clearly indicated on the chart with a more transparent color allowing users to see inverse FVGs.

Extending the fair value gaps allows the imbalance area to provide potential support and resistance.

Do note that this script should be used on intraday charts.

:D Enjoy!