SMC Venom Model BPR MT4 & MT5 (Original version)

SMC Venom Model BPR – Smart Money Trading Indicator for MT4/MT5

SMC Venom Model BPR is a professional-grade trading indicator designed for Smart Money Concepts (SMC) traders. Built for precision, it automatically detects and visualizes two critical price action patterns—Fair Value Gap (FVG) and Balanced Price Range (BPR)—empowering traders to identify institutional footprints and capitalize on high-probability trade setups.

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About the Author

This product is compiled by Ivan Butko. This author has more than +8 years of experience working on MQL5 with many famous products such as SMC Venom Model BPR, Market Noise MT4 and other advisors. Among them, SMC Venom Model BPR is his best performing product.

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SMC Venom Model BPR Review

Key Features

🔹Automatic FVG and BPR Pattern Detection: Accurately identifies Fair Value Gaps (FVG) and Balanced Price Range (BPR) patterns based on Smart Money Concepts (SMC).
🔹Real-Time Chart Visualization: Displays patterns directly on the chart using colored rectangles and arrows for instant recognition.
🔹Pattern Mode Selection: Option to display Bullish/Bearish FVGs or Bullish/Bearish BPRs depending on strategy needs.
🔹Volume Gap Analysis: Uses volume-based logic to detect price imbalances and potential breakout/return zones.
🔹Time Filter: Allows restriction of signal detection within specific timeframes.

Additional Features

🔹Custom Arrow Types: Choose from 9 built-in arrow styles or input custom Wingdings symbols for signal markers.
🔹Dynamic Label Scaling: Adjust size, color, and offset of arrows and labels according to chart zoom and price position.
🔹Bar Distance Filtering: Set minimum and maximum bar distances between FVGs in BPR structures for pattern precision.

SMC Venom Model BPR Review

🔹Fair Value Gap (FVG): A three-candle formation where a price imbalance occurs between the first and third candles, creating a zone with minimal volume activity. This gap typically invites price retracements or liquidity fills—ideal entry opportunities for Smart Money traders.

🔹Balanced Price Range (BPR): Formed by two opposite FVGs, BPR represents a price “bridge” that signals breakout and retest zones. These structures highlight areas where price moves inefficiently, often manipulated by institutional volume before a significant move.

SMC Venom Model BPR MT4 Review

SMC Venom Model BPR MT5 Review

Why choose and use SMC Venom Model BPR?

🔹Smart Money Strategy Alignment: Perfect for traders using institutional trading models like ICT, SMC, and order block theory.
🔹Improved Entry & Exit Timing: Helps identify high-probability zones such as supply/demand, support/resistance, and liquidity areas.
🔹Enhanced Chart Clarity: Customizable visual settings make it easy to match your personal trading style.
🔹Boosted Productivity: Alerts and filters help you focus only on relevant trade setups without scanning manually.
🔹Universal Compatibility: Works on all currency pairs, indices, metals, and timeframes (M1 to MN).

Who is SMC Venom Model BPR For?

🔹SMC traders using ICT or institutional trading logic.
🔹Price action traders looking for confirmation zones and gaps.
🔹Scalpers and intraday traders who rely on real-time structural insights.
🔹Traders using volume imbalance, liquidity sweeps, or order block strategies.

Trading Specifications

Recommended settings and parameters to pay attention to from developers and experts:

==>> Reviewed by David Easton

Product Download Package?

The download package of the product suite includes:

✅ SMC Venom Model BPR.ex4
✅ SMC Venom Model BPR.ex5

Conclusion

In short, SMC Venom Model BPR Indicator is a powerful Smart Money toolkit designed to give professional traders an edge through volume-gap analytics and intelligent price pattern detection. Whether you’re a discretionary or algorithmic trader, this tool helps you visualize market structure like the pros.