SMC / Fair Value Gap

AlgoSpecial ImbalanceZoneX — MT5 Fair Value Gap (FVG) & Price Imbalance Indicator

A non-repainting MT5 indicator that detects 3-candle bullish and bearish fair value gaps, extends each zone live until price mitigates it, then freezes or hides the box. Built for ICT and Smart Money Concepts traders on forex, gold, indices and crypto.

Download EX5 Full Technical Guide

Key Features

3-candle bullish & bearish FVG detection

Live extension until mitigation

Non-repainting on closed bars

Minimum gap-size filter (points)

Bullish/bearish/mitigated colours

Optional popup alert on new gap

Input Parameters

Default AlgoSpecial preset. Load the included .set to start from these values.

On-Chart Example

Free Download

Compiled MT5 indicator + ready preset. Trial valid until 05 January 2027. MQL5 source not included; full version $80 — algospecial.com or t.me/bullionstrategy.

AlgoSpecial_ImbalanceZoneX.ex5 AlgoSpecial_ImbalanceZoneX.set

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