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Fair Value Gap by Anche

112 022
Indicator that plots boxes for fair value gaps (also known as imbalances or inefficiencies)

fair value gaps are a very useful concept in price action trading, as they provide a trader with information about where a lot of orders were injected creating this inefficiency in the market. This inefficiency can become a magnet for price in the future to resolve this inefficiency as there are many resting orders. A trader can use this information to target a fair value gap, or to look for a potential entry for a long/short making it a good POI.

you have the possible to extend boxes to the right of the screen or to edit their width

fair value gaps tend to get mitigated, to restore the balance. This indicator gives you the option to define a mitigation using a full fill or a 0.5 fill. You can also define what to use for mitigation: candle bodies or candle wicks.

there are some other indicators for fair value gaps, although I haven't found one that let's me define a 0.5 mitigation, this indicator suits my trading style
Nota Keluaran
remove box transparency input, since it already can be defined when choosing a color for the fvg
Nota Keluaran
fixed a bug where bearish FVGs weren't removed while the setting was set to 0.5 fill
Nota Keluaran
NEW FEATURES
- when FVGs get partially filled, the filled part changes color
- added FVG EQ line

both features can be visually styled
Nota Keluaran
removed borders around boxes

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.