OPEN-SOURCE SCRIPT
Telah dikemas kini

Math by Thomas FVG

1 755
📌 Math by Thomas FVG – Fair Value Gap Detector
Overview:
The Math by Thomas FVG indicator automatically detects Fair Value Gaps (FVGs) using a three-candle logic. FVGs represent price inefficiencies where the first candle’s high/low does not overlap with the third candle’s low/high, creating a gap. This tool helps traders identify potential reversal or continuation zones, providing valuable insights into market structure and price action.

🔹 How It Works:
Bullish FVG:

Occurs when the current candle’s low is above the high of the candle two bars ago.

A green-shaded box marks the bullish FVG, highlighting a potential support zone.

Bearish FVG:

Occurs when the current candle’s high is below the low of the candle two bars ago.

A red-shaded box marks the bearish FVG, indicating a potential resistance zone.

Gap Filling Logic:

The indicator automatically removes FVGs once they are filled by price action, keeping the chart clean and relevant.

Bullish FVGs are removed when close ≤ the box's top.

Bearish FVGs are removed when close ≥ the box's bottom.

⚙️ Customization Options:
Bullish FVG Color: Choose the color for bullish FVGs.

Bearish FVG Color: Choose the color for bearish FVGs.

Max Box Count: The indicator dynamically manages up to 50 FVG boxes, ensuring optimal chart performance.

✅ Use Cases:
Identify price inefficiencies for potential entries and exits.

Combine with Order Blocks, support/resistance, or volume analysis for confirmation.

Useful for Smart Money Concept (SMC) and price action traders.

🔥 Enhance your trading accuracy with the Math by Thomas FVG indicator and gain insights into price inefficiencies! 🚀
Nota Keluaran
Label added and borderline for box is removed
Nota Keluaran
updated label and box

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.