NinjaTrader ICT Fair Value Gap Indicator: Spot Smart Money Moves
What Is the Inner Circle Trader (ICT) Fair Value Gap Indicator?
The Inner Circle Trader (ICT) Fair Value Gap indicator is a dedicated tool designed for the NinjaTrader trading platform. Based on the method developed by Inner Circle Trader (ICT), it helps identify and analyze fair value gaps in the market. This is an implementation of ICT’s Fair Value Gap method adapted for NinjaTrader 8 (NT8).
How the Inner Circle Trader (ICT) Fair Value Gap Indicator Works
This indicator uses several parameters to assess fair value gaps. Key parameters include:
Max Lookback Bars
This is the maximum number of historical bars used to detect fair value gaps. The default setting is 500.
ATR Period
The indicator uses the ATR (Average True Range) period to determine if there has been an impulsive move. This defines how many bars are used to calculate the ATR. Default value: 10.
ATRs in Impulse Move
This defines how many ATRs in a single bar qualify as an “impulsive” move. The default value is 1.1.
How Can the ICT Fair Value Gap Indicator Help You?
This indicator helps you spot potential fair value gaps in the market. It provides valuable insights into price movements and imbalances, allowing you to make informed trading decisions. By identifying these gaps, you can anticipate market shifts and adapt your strategy accordingly.
Benefits of the Inner Circle Trader (ICT) Fair Value Gap Indicator
Fair value gap detection: The indicator helps you identify imbalances in the market, revealing trading opportunities worth exploring.
✔ Identifying Value Zones
It highlights significant value areas in the market. Recognizing these zones can help you fine-tune your trading decisions and enter more precise positions.
✔ Confirming Price Movements
The indicator uses ATR and other metrics to assess price moves, offering objective confirmation that can build confidence in your setups.
✔ Risk Management
By detecting value gaps, you can better evaluate trade risk. Understanding these gaps helps you adjust stop-loss and take-profit levels with more precision.
✔ Adaptable to Any Strategy
The ICT Fair Value Gap indicator works across various trading styles, including swing trading, day trading, and scalping. Its adjustable settings and simplicity make it a versatile tool for all traders.
Final Thoughts
The NinjaTrader Inner Circle Trader (ICT) Fair Value Gap indicator is a powerful tool for traders using the NinjaTrader platform. By identifying fair value gaps, it helps you fine-tune your trading decisions, manage risk more effectively, and seize market opportunities. Add this indicator to your trading toolbox and explore the advantages it can bring to your daily strategy.
The free Inner Circle Trader (ICT) Fair Value Gap (FVG) NinjaTrader indicator is provided by Gemify on the NinjaTrader Ecosystem.
