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Fair Value Gap Detector

How this indicator works:
It detects two types of FVGs:
Bullish FVG: Occurs when the low of the current candle is higher than the high of the candle from 2 bars ago (creates an upward gap)
Bearish FVG: Occurs when the high of the current candle is lower than the low of the candle from 2 bars ago (creates a downward gap)
Features:
Allows users to toggle both bullish and bearish FVG detection independently
Customizable colors for both bullish (default green) and bearish (default red) FVGs
Visualizes FVGs using:
Boxes that highlight the gap area (with 80% transparency)
Labels that mark each FVG ("Bull FVG" or "Bear FVG")
Visual representation:
Bullish FVGs are marked with green boxes and downward-pointing labels
Bearish FVGs are marked with red boxes and upward-pointing labels
This indicator can be useful for:
Identifying potential areas where price might return to
Finding potential support and resistance zones
Understanding market structure and momentum shifts
It detects two types of FVGs:
Bullish FVG: Occurs when the low of the current candle is higher than the high of the candle from 2 bars ago (creates an upward gap)
Bearish FVG: Occurs when the high of the current candle is lower than the low of the candle from 2 bars ago (creates a downward gap)
Features:
Allows users to toggle both bullish and bearish FVG detection independently
Customizable colors for both bullish (default green) and bearish (default red) FVGs
Visualizes FVGs using:
Boxes that highlight the gap area (with 80% transparency)
Labels that mark each FVG ("Bull FVG" or "Bear FVG")
Visual representation:
Bullish FVGs are marked with green boxes and downward-pointing labels
Bearish FVGs are marked with red boxes and upward-pointing labels
This indicator can be useful for:
Identifying potential areas where price might return to
Finding potential support and resistance zones
Understanding market structure and momentum shifts
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開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。