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KT Balanced Price Range (BPR) Indicator
MT4/MT5

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Description

The KT Balanced Price Range indicator highlights the overlapping area between two consecutive opposite Fair Value Gaps (FVGs). This concept, known as Balanced Price Range (BPR), is popular among price action traders, especially those following Smart Money Concepts (SMC) and Inner Circle Trader (ICT) methods.

Traders often use these BPR zones to identify high-probability trade setups, especially during pullbacks or when looking for trend continuation opportunities. BPR zones often mark areas where the market could reverse, continue in its trend, or break out, making them key spots for timing entries or exits.

Features

Built from scratch to identify Balanced Price Range (BPR) zones using only highly validated Fair Value Gap (FVG) overlaps, ensuring quality trading setups.
Customize the BPR percentage threshold to filter out insignificant zones and focus only on meaningful trading areas.
Clearly defined stop-loss levels and profit targets based on risk-to-reward ratios for each setup, eliminating guesswork and ambiguity.
Includes a "Max Profit" line that tracks the highest profit reached by each signal, helping you gauge trade performance easily.
Fully customizable appearance, including colors and line widths, ensuring the indicator blends seamlessly with any chart theme.
Includes all standard MetaTrader alerts, ensuring you never miss a trading signal.

Input Settings

kt balanced price range indicator inputs

Bullish BPR

A bullish Balanced Price Range occurs when a bearish FVG is quickly followed by a bullish FVG, with price staying close to the overlapping zone.

Bearish BPR

A bearish Balanced Price Range forms when a bullish Fair Value Gap is quickly followed by a bearish FVG, with price remaining near the overlapping zone.

How to Use KT Balanced Price Range Indicator

Balanced Price Range setups work best when traded in the direction of the prevailing trend. They are ideal for spotting pullback entries during trend continuation phases.

Stop Loss and Profit Target

For bullish setups, a stop-loss is typically placed below the BPR zone, with profit targets aligned with recent swing highs.

Time Frame

KT Balanced Price Range indicator can be used on any timeframe, but using it on higher timeframe helps filter out low-quality setups and keeps you aligned with the broader market trend. While BPRs can appear on any timeframe, relying solely on them without higher timeframe context can lead to false signals.

Final Thoughts

Balanced Price Ranges (BPRs) highlight those rare moments when buying and selling pressure even out, creating temporary balance in the market. When two opposite Fair Value Gaps overlap, they leave behind a zone that often acts as a launch point for the next big move.

Used thoughtfully, KT Balanced Price Range indicator can help you spot high-probability trade setups, stay aligned with the broader trend, and avoid second-guessing your entries.