INVITE-ONLY SCRIPT
FVG Detection System
The "FVG Detection System" is a powerful indicator designed to identify Fair Value Gaps (FVGs) on price charts, helping traders spot potential areas of market inefficiency across any timeframe. Fair Value Gaps occur when price moves rapidly, leaving untested price zones that often act as support, resistance, or reversal areas. This indicator highlights bullish and bearish FVGs with customizable visuals, including boxes, mitigation lines, and a dashboard, making it a versatile tool for traders of all levels.
Key Features
FVG Detection:
Identifies bullish FVGs when the current low exceeds the high of two bars prior (low > high[2]) and the prior close is above that high (close[1] > high[2]), with a threshold filter (default: 0% or auto-calculated). Bearish FVGs are detected when the current high is below the low of two bars prior (high < low[2]) and the prior close is below that low (close[1] < low[2]).
Unlike standard FVG indicators, this system includes an auto-threshold option (using a cumulative (high-low)/low formula) to adapt dynamically to market volatility, ensuring more reliable gap detection across assets and timeframes.
Customizable Visuals:
Displays FVGs as colored boxes (bullish: blue, bearish: yellow) with an adjustable extension (default: 20 bars).
Offers dynamic adjustment mode, where FVG boundaries update based on price action, providing a more responsive visualization of unmitigated gaps.
Optionally shows mitigation lines (dashed lines at the mitigated price level) when price closes beyond an FVG’s boundary, helping traders track gap closures.
Flexible Timeframe Analysis: Supports multi-timeframe analysis by allowing users to specify an analysis timeframe (default: chart timeframe), enabling alignment with higher timeframe FVGs for confluence.
Dashboard Display: Includes an optional dashboard (default: off) to summarize FVG statistics, such as total and mitigated gaps, with customizable position (e.g., Top Right) and size (e.g., Small).
Performance Optimization: Limits visuals to 500 boxes and lines to ensure smooth performance on TradingView, even with historical data.
Perfect For
Swing and intraday traders seeking to identify key support/resistance zones on any asset (stocks, ETFs, crypto, forex).
Traders using multi-timeframe analysis to find confluence between FVGs on different timeframes.
Those looking for a visual tool to track unmitigated and mitigated FVGs with clear, customizable displays
Justification for Invite-Only Status
This indicator is offered as an Invite-Only script under PineAlpha Premium due to its optimized visualization and ongoing support (e.g., monthly access code updates, Discord assistance), justifying its paid access.
Key Features
FVG Detection:
Identifies bullish FVGs when the current low exceeds the high of two bars prior (low > high[2]) and the prior close is above that high (close[1] > high[2]), with a threshold filter (default: 0% or auto-calculated). Bearish FVGs are detected when the current high is below the low of two bars prior (high < low[2]) and the prior close is below that low (close[1] < low[2]).
Unlike standard FVG indicators, this system includes an auto-threshold option (using a cumulative (high-low)/low formula) to adapt dynamically to market volatility, ensuring more reliable gap detection across assets and timeframes.
Customizable Visuals:
Displays FVGs as colored boxes (bullish: blue, bearish: yellow) with an adjustable extension (default: 20 bars).
Offers dynamic adjustment mode, where FVG boundaries update based on price action, providing a more responsive visualization of unmitigated gaps.
Optionally shows mitigation lines (dashed lines at the mitigated price level) when price closes beyond an FVG’s boundary, helping traders track gap closures.
Flexible Timeframe Analysis: Supports multi-timeframe analysis by allowing users to specify an analysis timeframe (default: chart timeframe), enabling alignment with higher timeframe FVGs for confluence.
Dashboard Display: Includes an optional dashboard (default: off) to summarize FVG statistics, such as total and mitigated gaps, with customizable position (e.g., Top Right) and size (e.g., Small).
Performance Optimization: Limits visuals to 500 boxes and lines to ensure smooth performance on TradingView, even with historical data.
Perfect For
Swing and intraday traders seeking to identify key support/resistance zones on any asset (stocks, ETFs, crypto, forex).
Traders using multi-timeframe analysis to find confluence between FVGs on different timeframes.
Those looking for a visual tool to track unmitigated and mitigated FVGs with clear, customizable displays
Justification for Invite-Only Status
This indicator is offered as an Invite-Only script under PineAlpha Premium due to its optimized visualization and ongoing support (e.g., monthly access code updates, Discord assistance), justifying its paid access.
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本，且通常需付費。您可以將此腳本加入收藏，但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情，請依照作者說明或直接聯繫PineAlpha。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Understand the Signals and Visuals:
Bullish FVG: Blue box when low > high[2], close[1] > high[2]. Shows support zone.
Bearish FVG: Yellow box when high < low[2], close[1] < low[2]. Shows resistance zone
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本，且通常需付費。您可以將此腳本加入收藏，但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情，請依照作者說明或直接聯繫PineAlpha。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Understand the Signals and Visuals:
Bullish FVG: Blue box when low > high[2], close[1] > high[2]. Shows support zone.
Bearish FVG: Yellow box when high < low[2], close[1] < low[2]. Shows resistance zone
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。