MSS-FVG Fusion by Tren10x

1 Agu

MSS-FVG Fusion Script by Tren10x

What the Script Does:
The MSS-FVG Fusion Script by Tren10x combines Market Structure Shifts (MSS) and Fair Value Gaps (FVG) to provide traders with strategic entry points, customizable features, and a comprehensive tool for trading analysis. It identifies shifts and breaks in market structure while pinpointing significant fair value gaps.

How the Script Works:
Strategic Entry Points:

• The script's logic detects fair value gaps formed prior to a market structure shift and uses these gaps as optimal entry points, integrating the precision of MSS with the significance of FVGs

Accurate and Timely Entry Points:

• By combining MSS and FVG, the script aims to offer more precise and timely entry points, enhancing the overall trading strategy.

Dynamic Features for Cleaner Approach:

• Users can toggle between box fair value gaps and bar fair value gaps, providing a cleaner and more customizable approach to analyzing price action.

Display of Untested FVGs:

• The script is designed to display only untested fair value gaps based on how they are filled. It differentiates between gaps filled by the body of a candle and those filled by the wick, ensuring that only gaps that have not been fully tested are highlighted.

Delete Wick Filled FVG highlights that the FVG should be deleted if the price only wicks through the FVG but does not close outside it, indicating that the gap has been tested but not fully filled.


Whereas Delete Body Filled FVG focuses on the scenario where the price action closes outside of the FVG, indicating that the gap has been fully filled. So in this screenshot above, there is a large wick through the FVG but no close below. Therefore, this FVG will remain until there is a close in the other direction.


Or choose both! Enabling both options will remove both body filled and wick filled FVGs from your chart, leaving only FVGs that are still fully or partially untested, such as the image above.


Features:

Market Structure Shifts (MSS):

• Detects shifts in market structure to help anticipate potential trend reversals and capitalize on new trading opportunities.

Market Structure Breaks (MSB):

• Highlights breaks in market structure, signaling potential continuation or reversal points in the market.

Fair Value Gaps (FVG):

• Identifies gaps in price where the market has moved rapidly, pinpointing potential areas of support and resistance. Includes a 50% line of the FVG, which often acts as a key level.

Customization Options:

• Text Customization: Add personalized text and customize aspects such as color, line style, text size, border color and style, and FVG bar width.
  
• FVG Handling: Options to delete FVGs where the price has wicked through but did not close inside the box, or delete FVGs when the price has closed outside the box.

• FVG Display Options: Choose between traditional FVG boxes or a cleaner FVG bar look.
  
• Input Options: Set the number of FVGs and market structure indicators displayed on the chart.

How to Use the Script:
Add to Chart:

• Load the MSS-FVG Fusion Script onto your TradingView chart.

Customize Settings:

• Adjust text, colors, line styles, and other settings to fit your trading preferences.
  

Analyze the Chart:

• Observe the highlighted MSS, MSB, and FVGs to identify potential entry and exit points.
  
• Use the dynamic features to toggle between different FVG display options and focus on untested gaps.

• Leverage the 50% lines of FVGs and other key levels to make informed trading decisions.

What Makes This Script Original:

• This script is original because it integrates the strategic fusion of Market Structure Shifts (MSS) and Fair Value Gaps (FVG) for entry points, offers dynamic customization between box and bar FVGs, and highlights only untested gaps based on how they are filled, providing a tailored and actionable analysis.

4 Agu

Catatan Rilis

Fixed MSS/MSB detection logic

21 Agu

Catatan Rilis

🔹Added Customizable Inversion Fair Value Gaps (IFVG)

Thanks to LuxAlgo for the foundation

🔹Removed previous 50% code.

21 Agu

Catatan Rilis

Fix for Incompatibility between FVG and IFVG

21 Agu

Catatan Rilis

🔹 Adjusted the starting point for Fair Value Gap (FVG) drawing
🔹 Cleaned up preferences and settings

21 Agu

Catatan Rilis

🔹 Fix for duplicating IFVG boxes

5 Sep

Catatan Rilis

Fix for disappearing MSS/MSB labels & lines

10 Sep

Catatan Rilis

🔹Fix for most recent IFVG
🔹Fix for signal arrows

10 Sep

Catatan Rilis

🔹 Fix for code not deleting old boxes (duplicating fvg's)
Apologies for the inconvenience. I'm working on finding the perfect balance to make sure all the code works seamlessly together.

25 Sep

Catatan Rilis

🔹Added alerts for Market Structure Breaks
🔹Added alerts for Fair Value Gaps
🔹Modified alerts for Inverted Fair Value Gaps

26 Sep

Catatan Rilis

🔹Fixed Body Filled FVG Detection
🔹Added Color Customization for FVG Midline