PROTECTED SOURCE SCRIPT

FVG

75
FVG (Fair Value Gap) Indicator
The Fair Value Gap (FVG) indicator is a powerful tool designed to identify price imbalance zones that often act as critical support and resistance levels in the market. An FVG occurs when there is a gap between the high of one candle and the low of another candle two periods away, creating an unfilled price area that the market tends to revisit. These zones represent areas where institutional orders may be waiting and can provide high-probability trading opportunities.
This indicator automatically detects both bullish and bearish FVGs across any selected timeframe while ensuring complete reliability with no repainting. It uses only confirmed bar data with lookahead protection, making it suitable for live trading and backtesting. The tool features customizable visual elements including zone colors, transparency levels, and timeframe labels, along with automatic mitigation tracking that monitors when FVGs get filled by price action.
Key features include multi-timeframe analysis, extending zones to the right for ongoing relevance, flexible display options for both active and mitigated FVGs, and built-in alert system for new FVG formations. The indicator also provides comprehensive labeling options and maintains a clean chart by automatically managing the maximum number of displayed zones, making it an essential tool for traders following smart money concepts and institutional trading strategies.

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.