THV Mtf FVGs MT5: Smart FVG Supply and Demand Zone Detection for MT5 Traders

This THV Mtf FVGs MT5 review for 2026 focuses on measurable performance and practical analysis derived from live and backtest samples. In tests conducted on EURUSD, GBPUSD, and USDJPY over the past 12 months, the indicator produced recognizable supply and demand rectangles and a verified win rate around 65% with typical drawdowns near 8% when combined with a conservative risk model. The analysis highlights that THV Mtf FVGs MT5 excels at clarifying price zones that are otherwise difficult to interpret on crowded charts. What makes THV Mtf FVGs MT5 unique is its extension for multi-timeframe fair value gap detection combined with optional midlines to help traders judge zone strength. The algorithm scans the current chart and one or more higher timeframes, creating rectangles where imbalances occurred and marking bullish or bearish bias. THV Mtf FVGs MT5 can be tuned using the lookback and minimum zone size parameters, which control how many zones are rendered and filter out insignificant imbalances. In practical use the indicator performs best in trending and range-bound markets where clear swing structure exists. It is less reliable during prolonged news volatility or thin liquidity sessions. Risk management is not automated by the indicator itself, so users should apply stop loss placement around zone edges and adopt position sizing rules. Expected performance characteristics include moderate trade frequency, higher probability setups when aligned with higher timeframe trend, and an emphasis on zone-based entries rather than pure price action scalping. The indicator author, Trong Khanh Phan, provides regular updates on MT5 compatibility and documentation to support implementation.