FVG Metrics: Clear MT5 fair value gap signals with multi-timeframe insights

FVG Metrics review 2026 performance analysis begins with a close look at how the indicator treats Fair Value Gaps as contextual zones rather than automatic buy or sell instructions. In practical use FVG Metrics flags unfilled gap zones on the active timeframe and aggregates counts from adjacent timeframes in an overview panel, providing a concise snapshot of imbalance pressure across session scales. Developed by Kim Raphael Reitz for MT5, the indicator is notable for clarity: plotted zones are easy to interpret and the MTF panel reduces chart clutter while delivering actionable context. The underlying algorithm identifies price candles that create FVGs, tracks whether those gaps remain unmitigated, and increments counters for higher and lower timeframes to highlight concentration of open imbalance. This approach makes FVG Metrics well-suited to trending markets and structured range-break environments where gaps often act as pullback fuel. It is less reliable in chaotic, low-liquidity periods where false gaps appear frequently. Risk management is left to the trader; the tool supports placing stop loss levels outside nearby structure and suggests combining zone signals with bias from higher timeframe trend analysis. Expected performance characteristics include periodic high-probability setups when combined with confirmation, moderate trade frequency depending on selected timeframes, and measurable edge when used within disciplined position sizing rules. Overall, FVG Metrics is a focused indicator that improves situational awareness for MT5 traders without overpromising automation.