Key Price Levels V1

📌 Key Price Levels V1 – FVG Confluence Tool

Key Price Levels V1 is a clean, price-action focused indicator that plots automatic key price levels and shows Fair Value Gaps (FVG / Imbalance) only when they form near those levels.
The goal is simple: reduce noise and highlight only high-probability, level-based opportunities.

This tool is designed for:

Forex

Gold (XAUUSD)

Indices (US30, NAS100, SPX, etc.)

With manual scaling control, you can adapt it to any market.

🔧 Main Features

✅ Plots 6 Key Levels

3 levels above current price

3 levels below current price

Lines extend left & right across the chart

Price labels shown on the right side (no candle overlap)

✅ Fair Value Gap (FVG / Imbalance) Detection

Shows Bullish & Bearish FVG

Filters FVGs so they appear ONLY near key levels

Keeps chart clean and focused on high-quality zones

✅ Manual Scaling Control

Toggle: Use Pip/Tick Scaling

ON → Best for Forex (inputs in pips)

OFF → Best for Gold & Indices (inputs in price/points)

✅ Customizable Inputs

Step Size (distance between levels)

Near Distance (how close FVG must be to a level)

Levels Mode: 00, 50, or Auto

Label offset (push labels to the right side)

⚙️ How to Set It Up
🔹 For Forex (EURUSD, GBPUSD, etc.)

Turn ON: Use Pip/Tick Scaling

Example settings:

Step Size = 50 → 50 pips grid

Near Distance = 20 → 20 pips filter

🔹 For Gold (XAUUSD)

Turn OFF: Use Pip/Tick Scaling

Example settings:

Step Size = 1.0

Near Distance = 0.2

🔹 For Indices (US30, NAS100, etc.)

Turn OFF: Use Pip/Tick Scaling

Example settings:

Step Size = 50 or 100

Near Distance = 10

🧠 Trading Concept (Built-in Rules)

Use this indicator as a confluence tool, not alone.

✅ Trade only New York Time: 02:30 to 07:00 (London Open)
✅ If FVG forms on a key price level → follow the trend on 5–15 min
✅ If a wick sweeps a price level → look for strong rejection
✅ If you get BPR on a price level → strong trend continuation signal
✅ If price is rejecting between two levels → wait for CISD
✅ Enter on Imbalance (FVG) → Target next price level or long wick liquidity

🎯 Best Use Case

Mark important price levels automatically

Wait for liquidity sweep / displacement

Enter using FVG near a level

Target the next key level

Keep risk tight, structure-based

⚠️ Disclaimer

This indicator is for educational and analytical purposes only.
It does not provide financial advice. Always use proper risk management and confirm with your own trading plan.