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v0.0.2.3 is a Multi time frame version.ie: If you load the indicator twice for example
the first instance will plot FVG's for the time frame the chart is set to and subsequent instances can plot FVG's from a higher time frame on the same chart.
The basic check for this candlestick pattern will look something like this:
I tried backtesting one of the more common setups people talk about. In particular the situation where a high is broken followed by a reversal and break of the structure from before the break. I use the Zigzag indicator to determine where pivots were. There are some issues with zigzag as it redraws, but using it to determine levels from one or two pivots back should be fine.
Anyways the sharpe ratio was not very good.
Interestingly the results are pretty awful up until spring of 2020 when the strategy started to do well. It worked for a while, and has been performing terrible for the past year. Seems to line up well with what we know about how the market arbitrages away an edge. It starts to become a force in the market because so many retail traders are playing it. The market catches on, and starts taking advantage. The ICT channel got popular after 2020, and really picked up in spring of 2022. Which lines up perfectly with when the strategy stopped performing.
