ICT Concepts: FVG, Liquidity, BOS, MSS by Bigshot

What This Indicator Does

This comprehensive tool combines four essential ICT concepts into one powerful indicator:

🟢 Fair Value Gaps (FVG) - Automatically detects and displays bullish and bearish imbalance zones where price is likely to return. These appear as translucent green (bullish) or red (bearish) filled zones that persist until filled by price action.

🔵 Liquidity Zones - Identifies buyside (orange) and sellside (cyan) liquidity pools at pivot highs and lows. These are the areas where institutional traders hunt for stop losses and pending orders.

⚡ Market Structure Shift (MSS) - Marks significant trend reversals with solid horizontal lines and clear labels, helping you identify when the market changes direction.

📊 Break of Structure (BOS) - Shows trend continuation points with dotted lines, indicating when price breaks key levels in the direction of the prevailing trend.

Key Features

• Clean Visual Design: No chart clutter - only the most recent and relevant zones are shown
• Performance Optimized: Uses TakeProfit's native plot fills for smooth rendering even on lower timeframes
• Fully Customizable: Adjust colors, toggle individual features, and control the pivot length
• Present Mode: Option to show only the last 500 bars for cleaner charts
• Professional Color Scheme: Default colors match institutional-grade ICT indicators

Why I Built This

After trading with ICT concepts for years, I noticed most indicators on takeprofit were either too cluttered or missing key features. I wanted something that:

• Shows only what matters right now
• Performs smoothly on all timeframes
• Makes ICT concepts accessible to beginners
• Provides the precision advanced traders need

Performance Notes

This indicator uses TakeProfit's @plot.fill() feature to render zones efficiently. FVG and liquidity zones automatically disappear when filled or swept, keeping your charts clean and focused on current opportunities.

📚 Complete User Guide

Installation & Setup

1. Navigate to the TakeProfit indicator library
2. Search for "ICT Concepts Bigshot"
3. Click "Add to Chart"
4. The indicator will load with optimized default settings

Understanding the Indicator Components

Fair Value Gaps (FVG)

What They Are: Price imbalances created when the market moves too quickly, leaving "gaps" in fair value between three consecutive candles.

How to Identify:

• Bullish FVG (green): Forms when candle 1's high is below candle 3's low
• Bearish FVG (red): Forms when candle 1's low is above candle 3's high

Trading Strategy: Wait for price to retrace into the FVG zone before entering trades in the direction of the gap. FVGs act as support (bullish) or resistance (bearish) zones.

On Your Chart: Translucent filled rectangles that span from the gap bottom to top. They disappear when price completely fills the gap.

Liquidity Zones

What They Are: Price levels where large amounts of pending orders and stop losses accumulate - institutional traders target these zones.

How to Identify:

• Buyside Liquidity (orange): Above recent pivot highs
• Sellside Liquidity (cyan): Below recent pivot lows

Trading Strategy: Watch for "liquidity sweeps" where price briefly touches these zones before reversing. This indicates institutional accumulation.

On Your Chart: Colored rectangular zones with height based on ATR. They disappear when price sweeps through them.

Market Structure Shift (MSS)

What It Is: A trend reversal signal - when price breaks a key swing high in a downtrend or swing low in an uptrend.

Trading Strategy: MSS marks potential trend reversals. Look for confirmation with FVG or liquidity sweeps before entering counter-trend trades.

On Your Chart: Solid horizontal lines with "MSS" labels in green (bullish) or red (bearish).

Break of Structure (BOS)

What It Is: Trend continuation - when price breaks a swing high in an uptrend or swing low in a downtrend.

Trading Strategy: BOS confirms the trend is still active. Use these as confirmation for trend-following entries.

On Your Chart: Dotted horizontal lines with "BOS" labels in green (bullish) or red (bearish).

Settings Guide

Author Info

• Displays creator information and profile link

Mode

• Present: Shows only last 500 bars (recommended for performance)
• Historical: Shows all available bars

Market Structure Settings

• Show Market Structure: Toggle all MS features on/off
• MS Pivot Length (default: 5): Controls sensitivity - lower = more signals, higher = major swings only
• Show MSS/BOS: Toggle individual structure types
• Colors: Customize bullish/bearish colors

Fair Value Gap Settings

• Show FVG Zones: Toggle FVG detection
• Colors: Adjust transparency and colors for bullish/bearish gaps

Liquidity Zone Settings

• Show Liquidity Zones: Toggle liquidity detection
• Colors: Customize buyside/sellside colors

Trading Strategies Using This Indicator

Strategy 1: FVG Retracement Entry

1. Wait for MSS to confirm trend reversal
2. Identify FVG in the new trend direction
3. Enter when price returns to fill 50-75% of the FVG
4. Set stop loss below/above the FVG
5. Target: Next liquidity zone or opposite FVG

Strategy 2: Liquidity Sweep Reversal

1. Identify liquidity zone at pivot high/low
2. Wait for price to sweep the zone (brief touch)
3. Look for immediate rejection and FVG formation
4. Enter on the reversal with stop beyond the sweep
5. Target: Opposite side liquidity or recent MSS level

Strategy 3: BOS Confirmation Entry

1. Identify clear trend with multiple BOS signals
2. Wait for price to retrace to FVG or order block
3. Enter when price bounces from the zone
4. Stop loss: Below the FVG
5. Target: Next liquidity zone in trend direction

Best Practices

✅ Combine Multiple Signals: Don't trade on FVG alone - wait for liquidity sweeps or structure confirmation

✅ Respect Higher Timeframes: Check 4H and daily charts for major structure before taking trades on lower timeframes

✅ Wait for Confirmation: Let price show its hand before entering - patience prevents false entries

✅ Use Proper Risk Management: FVGs and liquidity zones help with tight stop losses but always use 1-2% risk per trade

❌ Don't Chase: If you missed the entry at the FVG, wait for the next setup

❌ Avoid Low Volatility: This indicator works best during active market sessions (London/New York open)

Troubleshooting

Zones not appearing?

• Increase MS Pivot Length to find swings
• Check that "Show FVG/Liquidity" toggles are enabled
• Switch to Present mode if Historical is too cluttered

Too many signals?

• Increase MS Pivot Length to filter noise
• Trade only during kill zones (London/NY sessions)
• Focus on 15m-1H timeframes

Performance issues?

• Use Present mode instead of Historical
• Reduce visible history on your chart
• Close other resource-intensive indicators

Support & Feature Requests

Find bugs? Want new features? Have questions about using the indicator?

Leave a comment below with:

• Your feature request or issue
• What indicator or widget you'd like to see next
• Any questions about ICT concepts

I read every comment and will update the indicator based on your feedback!

Connect With Me

• TakeProfit Profile: @bigshot
• I make custom (profitable) EAs for Metatrader 5 and 4 
• More indicators and widgets coming soon!

Future Updates Planned:

• Order blocks detection
• Premium/Discount zones
• Killzone highlighting
• Multi-timeframe structure alignment

This indicator is completely free to use. If you find it valuable, please share it with other traders and leave feedback in the comments!

💬 What indicator or widget should I build next?

Drop your requests below! I'm particularly interested in:

• Other ICT concepts you'd like automated
• Custom alert conditions
• Multi-timeframe analysis tools
• Risk management widgets

The most requested feature will be my next project!