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IMGCore - V1.0

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IMG Core uses five sequential stages to analyse price action and alert users to potential Trade Setups using various Price Action Concepts as detailed below:

1. Identify Higher Timeframe Market Structure and Points of Interest (HTF-POIs)
2. Calculate position size based on your risk appetite, fees and account leverage and customisable maximum trade risk
3. Alert you to risk managed trade setups at enabled HTF-POIs
4. Alert you to trade exits based on your set criteria
5. Provide Additional Alerts such as Higher Timeframe SFPs and Market Structure Breaks that act as potential early warnings that a trade setup may be forming

1. HTF POIs Available with IMG CORE:

a. HTF Market Structure Range Highs and Lows
b. HTF Order Blocks
c. HTF Breakers
d. HTF FVGs

a. Higher Timeframe Market Structure Range High and Low through Multiple Timeframe Analysis:

Market Structure can be defined using several techniques. The IMG indicators employ the Close through High/Low technique, which necessitates a candle to close through a structural level to validate a structural break and designate a new range.

Example: H12 Market Structure visualisation on a H12 Chart with annotations: snapshot

By selecting a particular Market Structure timeframe in the settings, the indicator immediately illustrates both current and historical market structures for the chosen timeframe across all subordinate timeframes, subject to the limitations of your Tradingview subscription.

Example: H12 Market Structure visualisation on a H1 Chart with annotations:
snapshot


b. Higher Timeframe Order Blocks

An Order Block represents the last candle of the opposite direction preceding a Market Structure Break. For instance, a bullish Order Block is identified as the final bearish candle leading to a bullish market structure break, and vice versa for bearish Order Blocks.

Example: H12 OB visualisation on a H12 Chart with annotations:
snapshot

When activated, the indicator will highlight the Higher Timeframe Order Blocks responsible for a Market Structure Break on all subordinate timeframes relative to the chosen Market Structure Timeframe.

Note: if multiple OBs exist, the indicator will display the OB closest to the new range extreme

Example: H12 OB visualisation on a H1 Chart with annotations:
snapshot


c. Higher Timeframe Breakers

A Breaker Block is identified as the most recent Order Block that has been breached by price, leading to an opposite Market Structure Break. For example, a bullish Breaker Block is the last bearish Order Block that price has passed through, confirming a bullish structural break, and the inverse is true for bearish Breakers.

Example: H12 Breaker visualisation on a H12 Chart with annotations:
snapshot


Once enabled, the system will display Higher Timeframe Breaker Blocks after an opposite Market Structure Break is confirmed on all subordinate timeframes.

Example: H12 Breaker visualisation on a H1 Chart with annotations:
snapshot


d. Higher Timeframe Fair Value Gaps (FVGs)

A Fair Value Gap is a concept used by price action traders to identify market inefficiencies, where buying and selling are not balanced. It appears on a chart as a triple-candle pattern, with a large candle flanked by two others whose highs and lows do not overlap with the large candle, creating a gap. This gap often attracts the price towards it before the market resumes its previous direction.

Example of the indicator displaying a Higher Timeframe’s FVGs on a Lower Timeframe (LTF) chart:

-The upper chart labelled H12/H12 is the indicator displaying H12 Structure and FVGs on a H12 chart.
-The lower chart labelled H12/H1 is the indicator displaying H12 FVGs on a H1 chart

snapshot

2. Risk Management and Position Sizing:

a. Automated Position Sizing:

The System will automatically calculate position size based on the account size, max leverage and risk appetite (capital risk per trade) details input in settings. Calculated trade details are included in the Tradingview Alerts as well as interactive labels on the charts.

Details include but are not limited to:
Trade Timeframe
Side: Long/Short
Type: Limit/Market
Position Size in $ and Units
Lot sizes if applicable
Trade Risk %
Take Profit Level
Entry Price
Stoploss Price

b. Maximum Trade Risk:

IMG Core has the ability to invalidate potential trade entries if it exceeds your maximum Trade Risk threshold. Trade Risk is the % price difference between entry and stoploss.

When an invalid signal is generated, the signal will not be shaded and the interactive label will display the reason for invalidation

In the example below, Max Trade Risk is set to 2%, but the trade signal had a trade risk of 5.11%, invalidating the signal with a grey triangle

snapshot

3. Trade Setup Types Available with IMG CORE:

The system will alert you to potential trade setups at these HTF POIs:.

a. Higher Timeframe (HTF) Swing Failure followed by a Lower Timeframe (LTF) MSB at Range Extremes
b. Higher Timeframe (HTF) Swing Failure followed by a Higher Timeframe (HTF) MSB at enabled HTF POIs
c. Lower Timeframe (LTF) Swing Failure followed by a Lower Timeframe (LTF) MSB at enabled HTF POIs
d. Multiple LTF Entry Options once a signal is confirmed


a. HTF Swing Failure followed by a Lower Timeframe (LTF) MSB at Range Extremes


A Swing Failure Pattern (SFP) is a technical analysis concept used in trading to identify potential reversals in price trends. It occurs when the price attempts to surpass a previous high or low but fails to sustain that level, indicating a possible change in market direction. There are multiple methods to define a SFP but this indicator uses the failure to close through a Key Level. When confirmed, HTF SFPs will be displayed on-screen and an alert will fire if enabled.

Example: H12 SFPs at Range Extremes on a H1 Chart:
snapshot

Alerts to Enter at Lower Timeframe MSBs
When enabled, a potential trade setup label and alert will generate when a HTF SFP is confirmed at a Range Extreme followed by a Chart Timeframe (Lower Timeframe) Market Structure Break (MSB). These signals are agnostic to current Market Structure bias and will generate at both extremes.

b. HTF Swing Failure followed by a Lower Timeframe (LTF) MSB at HTF POIs:
When enabled, a potential trade setup label and alert will generate when a HTF SFP is confirmed at an enabled Higher Timeframe POI (Order Blocks / Breakers / FVGs) followed by a Chart Timeframe (Lower Timeframe) Market Structure Break (MSB). These signals are always in line current Market Structure bias.

Example: H12 SFPs and Trade Setups at HTF POIs with Fluid Exits on a H1 Chart:

snapshot

c. LTF Swing Failure followed by a LTF MSB at Range Extremes at [u]enabled[/u] HTF POIs

The system will alert you to a lower timeframe setup if these conditions are met inside enabled HTF POIs (OBs / Breakers / FVGs):
- LTF SFP
- LTF MSB

Signals will alert you to enter a Limit Entry at the LTF MSB Level OR LTF Breaker

Example: snapshot

d. LTF Entry Options:

IMG CORE provides the following options for LTF Entries:
i. Limit Entry at Lower Timeframe MSB Levels
ii. Limit Entry at Lower Timeframe Breakers

Based on this selection, the trade setup alert will provide entry price details to set limit orders at the MSB level or LTF Breaker High.


4. Trade Exit Types Available with IMG CORE:

The system provides the following options for trade exit alerts:
i. User defined Risk to Reward (R:R)
ii. On a confirmed Opposite Signal (Fluid Exits)

Example: H12 Long Entry and Exit Signal using Fluid Exits H1 Chart:
snapshot


5. IMG CORE Alerts Overview

The system provides notifications of:
1. Confirmed HTF Market Structure Breaks
2. Confirmed HTF SFPs at Range Extremes
3. Confirmed HTF SFPs at HTF POIs
4. Potential Trade Setups at Range Extremes
5. Potential Trade Setups at HTF Points of Interest (HTF-LTF and LTF-LTF)
6. Fixed R Trade Exits
7. Exit on Opposing Signals (Fluid Exits)

To enable alerts, right-click on the indicator and select “Add Alert on IMG ...”. You may customise the alert name as desired and then click 'Create' to finalise the alert setup.

General Note:
There is no system, indicator, algorithm, or strategy that can provide absolute certainty in predicting market movements. Use trading indicators as a tool to assist with trading decisions; manage your risk wisely.

Stay safe and Happy Trading!
Informacje o Wersji
Bug Fixes, Performance Enhancements and Feature Updates
Informacje o Wersji
Settings Page Tweak
breakersDemand ZoneictMSBmultitimeframeorderblocksPivot points and levelspriceactionriskmangementsfpSupply ZoneSupport and Resistance

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User Manual for the IMG Indicator Suite: img-pro.document360.io/docs
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