FVGs (Fair Value Gaps) are significant levels that may act as support or resistance to price. The script finds FVGs as per ICT trading system, then plots the full FVG to the right side of the chart. FVG boxes do not change size when they are semi-mitigated as its important to know where the original FVG midpoint lies. Plotting to the right side of price allows for a cleaner chart. The script is MTF and can display FVG boxes for the following timeframes. Chart, 5,10,15,30,1hr,4hr,8hr,12hr,D,W,M.
Below shows 1hr FVGs marked out. NOTE: this is not what the script does, this is for explanation only.
Below shows what the script will do. 1hr FVGs shown on 15min chart
リリースノート
⋅
Update to keep FVG boxes to right of price.
リリースノート
⋅
Label color option added
リリースノート
⋅
Corrected Bear FVG color input label
リリースノート
⋅
updated FVG detection logic. previously, FVGs containing volume imbalances were not detected
added visibility settings for main FVGs. Now for example, you can choose to only show Daily FVGs on 1hr TF...or 1hr FVGs on 5 min TF etc.
added a MTF FVG which displays through the price chart. This gives the option of displaying two different FVGs on the same chart which don't overlap each other.
Nice script! Thank you for sharing. Can you add a 3 mins FVG please?
bigdec111
⋅
Thank you so much !!!!
Moda-877
⋅
alert when fvg is touched?
Moda-877
⋅
could you add alert when price return to the selected fvg and rebounded? for eg price returns to 30m bull fvg and two consecutive up bars occurs in selected timeframe for eg 5 minute
dov1007
⋅
first thanks i use your indicator but the 4 h fvg has problem if you will put a chart of 4 H with fvg andsee them on 15 m chart you will not get all the fvg ( i can't add a pic so you can see)
dov1007
⋅
@dov1007, in nq 240 m there is f.v.g from yesterday 14 dec'16806-16766 but it did not show on 15 min chart
malk1903
⋅
@dov1007, sent you message in tradingview with chart attached
dov1007
⋅
@malk1903,thanks i send you 2 pic that show on Nq 4 h chart
alpiyandex
⋅
Excellent work, thank you for your effort I GET AN ERROR WHEN I SELECT 8 HOUR FVG
malk1903
⋅
@alpiyandex, i cant see the error when i test with the published version. can you tell me what the error says? ..the indicator will show an error if it discovers more than 500 fvgs (but im guessing this isnt it?)
Can you add a 3 mins FVG please?