Comments for https://ctrader.com/products/3674
Comments for: https://ctrader.com/products/3674
- FForexAlgoMaster5
How do you personally use it in your trading?
- Ttkhoury331
Great question! I primarily use it to identify high-probability areas where price is likely to react.
My general approach is to look for FVGs that form in the direction of a higher timeframe trend. So if the day is bullish, I focus on bullish FVGs on a lower timeframe as potential entry zones. I usually have the mitigation mode set to Mark as Mitigated so I can see which gaps have already been filled and which are still active.
I find the BAG classification particularly useful especially when I see a Breakaway Gap forming in the direction of momentum, this tends to signal stronger conviction behind the move, so I weight those zones slightly more heavily.
But like any tool it works best as part of a broader framework rather than a standalone indicator, I always confirm with higher timeframe structure as well as other technical indicators before entering a position.
- Ookoyechuma
Hi, Please will this indicator work well on Renko charts?
- Ttkhoury331
Hi, thanks for the question! The indicator was designed and tested on standard time-based charts only. It may load on Renko charts but the session-based filtering relies on time intervals between bars, which don't apply to Renko, so results may be unpredictable. You're welcome to try the free trial on a Renko chart and see how it behaves for your setup. I'd love to hear your feedback so I can look into adding proper Renko support in a future update!