🌐 Indicator Venom Model BPR MT5 🔔

👉 More info about indicator https://www.mql5.com/en/market/product/134410 👀

⭐️ The SMC Venom Model BPR indicator is a professional tool for traders working within the Smart Money (SMC) concept. It automatically identifies two key patterns on the price chart:

FVG (Fair Value Gap) is a combination of three candles, in which there is a gap between the first and third candles. It forms a zone between levels where there is no volume support, which often leads to a price correction.
BPR (Balanced Price Range) is a combination of two FVG patterns that form a “bridge” - a zone of breakout and return to the level, when the price moves with low volume activity, creating a gap between the candles.

These patterns help traders identify key support/resistance levels, breakout zones and entry points, based on the analysis of volumes and price dynamics on the chart, where interaction between large market players and ordinary participants occurs.
The indicator visualizes patterns in the form of rectangles and arrows, and also supports flexible alert settings.

💎 Key Features:

✅ Pattern display modes: choose between displaying BPR patterns (bullish and bearish) or FVG patterns (bullish and bearish).
✅ Possibility to hide all patterns for chart analysis.
✅ Filter by number of bars: minimum/maximum distance between FVGs in BPR structure.

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