OPEN-SOURCE SCRIPT
Updated Leading FVG Indicator
This is a FVG (Fair Value Gap) Indicator
The indicator sends a Engine Call (E) - that suggests a BUY or SELL based on the H1 Bullish or Bearish bias. Once Engine call is got wait for the price to fall or rise to the next FVG and buy or sell at that FVG based on the bias. Dont buy when FVG box is red in a Bull bias or Blue in a Bear bias. Take profit based on your risk appetite. It doesnot give any exit signals.
The indicator sends a Engine Call (E) - that suggests a BUY or SELL based on the H1 Bullish or Bearish bias. Once Engine call is got wait for the price to fall or rise to the next FVG and buy or sell at that FVG based on the bias. Dont buy when FVG box is red in a Bull bias or Blue in a Bear bias. Take profit based on your risk appetite. It doesnot give any exit signals.
Release Notes
Some changes to coloursOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.