Fair Value Gap

This indicator helps traders identify Fair Value Gaps — areas on the chart where price moved too quickly, leaving an imbalance between buyers and sellers.

These gaps often act as magnets, drawing price back for a potential "fill" before continuing the trend.


Partial Fill

When price overlays part of the FVG, it turns gray to signal a partial fill.

FVG partial fill

Volume Detection

Calculates delta volume inside each FVG to highlight whether buying or selling pressure dominated during the move.

Volume Detection

Provides a clear directional bias by showing if buyers or sellers dominated the move.

FVG Point of Control & Volume Profile

Each FVG now includes a POC line that can be set to either the highest-volume price inside the gap or the mean volume level.

Mean Line
Highest volume line

PoC lines help detect retest signals by marking the most responsive price inside the FVG — either the mean level or the highest-volume price.

A compact volume profile can be displayed inside the FVG, showing where volume is concentrated and helping identify the most reactive level within the gap.

Timeframe

Timeframe setting allows detecting FVGs from different timeframes (e.g., higher timeframes).

Chart 1h - FVG 8h
Chart 1h - FVG 8h

FVG Signals (Created & Retest)

Created: Triggers when a new FVG forms. Bullish FVG shows a small arrow down above the creation candle; bearish FVG shows a small arrow up below the candle.

Retest: Triggers when price wicks back into the FVG’s POC or touches any FVG edge, highlighting potential reaction or continuation points.


How to use

  • Use bullish FVGs as potential support zones.

  • Use bearish FVGs as resistance during pullbacks or breakdowns.

  • Pay attention to volume to gauge the importance of each gap.

  • Use higher timeframe mode for stronger context zones.

  • Adjust threshold to focus on only significant gaps.


Settings

The Fair Value Gap (FVG) settings allow traders to customize how Fair Value Gaps are identified and displayed on the chart. Here’s a breakdown of each option:

  1. Enable FVG Turns the Fair Value Gap module on or off.

  2. Show Last Controls how many recent bullish and bearish FVGs are displayed on the chart.

  3. PoC (Point of Control)

    • Adds a POC line inside each FVG.

    • Can be set to either Highest Volume or Mean.

    • The color box customizes the POC color.

    • The Profile option displays a small volume profile inside the FVG to show internal volume distribution.

  4. Timeframe

    • Selects the timeframe used for detecting FVGs.

    • Can follow the chart timeframe or a higher/lower one for multi-timeframe analysis.

  5. FVG Type

    Lets you choose which FVG categories to show: Bullish, Bearish, or All.

  6. FVG Threshold

    Sets the minimum imbalance size required for an FVG to be drawn, filtering out smaller gaps.

  7. Extension

    Controls how far the FVG box extends to the right, helping visualize how long the gap remains open.

  8. FVG Signals

    Provides alerts with two signal types:

    • Created: Shows an arrow on the candle that forms a new FVG (bullish = arrow down above candle, bearish = arrow up below candle).

    • Retest: Shows an arrow when price wicks back to the FVG edge or its POC level.

  9. Fill Glow

    Adds a soft glow to the FVG area, making filled gaps easier to see.

  10. Hide Overlapped FVG

    Removes overlapping gaps to reduce clutter and display only clean, distinct FVGs.


In essence, Fair Value Gaps represent price imbalances that the market may attempt to correct over time, making them valuable areas for traders seeking potential reversals, continuations, or liquidity entries.

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