INVITE-ONLY SCRIPT

FTZ

66
FTZ (Fair-Value Trading Zone)

A market context indicator designed to classify price into
Fair Value (balance) and Unfair Value (extension from balance) zones.

Built to help traders decide whether to continue trading the trend or wait for mean reversion.

🔹 Core Concept

• Fair Zone = Price area accepted by the market (balance)
• Unfair High / Unfair Low = Price stretched above or below fair value
• Designed as a Regime / Context tool, not an automatic buy–sell signal

⚙️ Fair-Value Engine
Fair Value Calculation Methods

Range Mode
Uses a historical High–Low range and defines the central area as the Fair Zone

ATR Adaptive Width
Automatically adjusts the width of the Fair Zone based on volatility
• High volatility days → Wider zone
• Low volatility days → Narrower zone

🎨 Visualization

• Fair-Value Ribbon displays the balance zone directly on the chart
• Midline marks the equilibrium price level

Candle coloring:
🔴 Above the ribbon → Unfair High
🟢 Below the ribbon → Unfair Low
Gray → Inside Fair Zone (when Fade is enabled)

• State Panel (top-right) shows real-time market condition

⚠️ Disclaimer

This indicator is a visual market analysis and context tool.
It is not investment advice and does not guarantee that price will always revert to the Fair Zone.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.