Fair Value Gaps

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Fair Value Gaps Indicator
The Fair Value Gaps (FVG) Indicator is a sleek, lightweight tool designed to identify and display unfilled fair value price gaps on any chart and timeframe. It dynamically updates as price moves into gaps, shrinking the displayed area to show only the remaining unfilled portion until the gap is fully closed. With a user-friendly settings panel, traders can customize visuals to suit their style, including a minimalist version.

Features
When a valid FVG is detected through a three-candle pattern, a box appears, highlighting the precise gap range. As price enters the gap, the box adjusts to reflect the remaining unfilled area, and when fully filled, the gap is deleted, allowing new gaps to appear. The settings panel offers robust customization for a tailored experience.

• Preset Styles:
  Custom: Define your own color and zone extension settings. (Default)
  Blue Boxes: Blue gaps with 85% transparency and zones extended to the right.
  Minimalist Yellow: Yellow gaps with 75% transparency, confined to the original gap area on the candlestick.
  
• Color: Change the gap color and transparency.
  
• Extend FVG Zone: Enable or disable zone extension to the right.
  
• Show Borders: Toggle subtle borders on or off for enhanced visibility.
  
• Maximum FVGs Displayed: Change the number of gaps displayed on the chart.
  

Thank you for your interest in my work. I use these fair value gaps as part of my trade trigger for many of my trade entries almost every day. If you have any comments, bugs, or suggestions, please leave them here, or you can find me on Twitter or Discord.

@ ContrarianIRL
Open-source developer for over 25 years

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