Fair Value Gap (FVG) Indicator in FX Replay

The Fair Value Gap (FVG) Indicator in FX Replay allows traders to visually identify imbalances left behind by rapid price movements, offering key areas where price may return before continuing its trend. FVGs are particularly powerful in Smart Money Concepts (SMC) and ICT-based trading strategies.

How to Use the FVG Indicator in FX Replay

1. Spot the FVG Zone

• Manual Identification:
  • Look for the triple-candle setup:
    • A strong bullish or bearish move
    • Middle candle creates an imbalance (gap) between the first candle’s high and the third candle’s low (or vice versa)
• Automated Detection:
  • FX Replay’s FVG indicator marks these zones for you.
  • Customize settings like maximum lookback candles and minimum gap size to suit your strategy.

2. Wait for Price to Return

• Watch for price to retrace into the FVG zone.
• Optionally, wait for confirmation using candle structure, footprint overlays, or momentum divergence.

3. Enter the Trade

• Entry:
  • Set a limit order inside the FVG zone.
  • Or enter on a confirmed rejection (e.g., wick or engulfing pattern).
• Stop-Loss:
  • Place just outside the FVG to reduce risk and protect against invalidation.

4. Take-Profit Targets

• Align with support/resistance levels, internal liquidity zones, or predefined R:R levels.
• Consider partial exits or trailing methods depending on trend context.

5. FX Replay-Specific Tools

• Position Tool:
  • Instantly place simulated trades.
  • Adjust size, stop-loss, and take-profit.
  • See live R:R metrics as you plan.
• Auto Breakeven Feature:
  • Automatically move your stop-loss to entry price once a minimum threshold is reached.
  • Great for minimizing downside while staying in the move.

Pro Tip

Combine FVGs with order blocks, liquidity sweeps, or BOS/CHOCH markers in FX Replay to enhance precision in your backtests and trade planning.

Need help building a Smart Money strategy with FVG zones or layering confluences into your FX Replay templates? Just let me know.