FVG Channel Indicator MT5 delivers dynamic fair value gap channels for clearer trade entries

This detailed FVG Channel Indicator MT5 review for 2025 presents a transparent performance analysis based on backtests and live sample trades. The indicator is unique because it converts the commonly discussed Fair Value Gap concept into a measurable channel, using recent candle geometry to compute an average gap range and project upper and lower channel bounds. This implementation reduces subjectivity by averaging several gaps rather than highlighting isolated price imbalances, which helps traders avoid false signals that often occur when a single gap is emphasized. The algorithm scans configured lookback windows to detect unmitigated Fair Value Gaps and then computes a smoothed channel that evolves with price. Signals are generated when price re-enters or reacts to the channel edges, with optional confirmation from volume or higher timeframe trend. In practice, FVG Channel Indicator MT5 works best in ranging to mildly trending markets where gaps remain unfilled for several bars; in extremely volatile breakouts the channel can widen and produce fewer actionable signals. The indicator integrates with MT5 alert systems and can be used within automated strategies as part of an expert advisor. Risk controls are built around recommended stop placement outside the channel and adaptive position sizing based on channel width. Expected performance characteristics include moderate trade frequency, higher precision on H1 and H4 charts, and a tendency toward mean-reversion style returns rather than momentum-style large winners. The developer, Mehnoosh Karimi, emphasizes transparent parameter defaults and provides documentation to reproduce sample results.