OPEN-SOURCE SCRIPT
Fair Value Gap Finder [Find Better Trades]
Fair Value Gap Finder (FVG) – Spot Institutional Imbalances
📈 Identify Key Market Imbalances
The Fair Value Gap Finder automatically detects price inefficiencies where aggressive buying or selling has created an imbalance in liquidity. These gaps, often left by institutional traders, can serve as key areas for price to revisit before continuing its trend.
🔍 How It Works:
Highlights bullish Fair Value Gaps (FVGs) in green, signaling potential support zones.
Highlights bearish Fair Value Gaps (FVGs) in red, signaling potential resistance zones.
Uses ATR-based filtering to eliminate small, insignificant gaps, focusing only on high-probability setups.
Alerts included! Get notified when a valid Fair Value Gap is detected.
📊 How to Trade Using FVGs:
✅ For Buy Trades: Wait for price to return to a bullish FVG and confirm support before entering long.
✅ For Sell Trades: Wait for price to revisit a bearish FVG and confirm resistance before entering short.
✅ Use with candlestick patterns, trend analysis, or volume for additional confirmation.
⚙️ Customizable Settings:
Adjust the ATR Multiplier to control how large a gap must be before triggering a signal.
Enable alerts to stay informed in real time when new FVGs appear.
💡 Why Use This Indicator?
Fair Value Gaps are widely used by professional traders to spot areas of liquidity, making them valuable for scalping, swing trading, and institutional-style trading.
🚀 Add it to your TradingView chart and start trading with precision!
📈 Identify Key Market Imbalances
The Fair Value Gap Finder automatically detects price inefficiencies where aggressive buying or selling has created an imbalance in liquidity. These gaps, often left by institutional traders, can serve as key areas for price to revisit before continuing its trend.
🔍 How It Works:
Highlights bullish Fair Value Gaps (FVGs) in green, signaling potential support zones.
Highlights bearish Fair Value Gaps (FVGs) in red, signaling potential resistance zones.
Uses ATR-based filtering to eliminate small, insignificant gaps, focusing only on high-probability setups.
Alerts included! Get notified when a valid Fair Value Gap is detected.
📊 How to Trade Using FVGs:
✅ For Buy Trades: Wait for price to return to a bullish FVG and confirm support before entering long.
✅ For Sell Trades: Wait for price to revisit a bearish FVG and confirm resistance before entering short.
✅ Use with candlestick patterns, trend analysis, or volume for additional confirmation.
⚙️ Customizable Settings:
Adjust the ATR Multiplier to control how large a gap must be before triggering a signal.
Enable alerts to stay informed in real time when new FVGs appear.
💡 Why Use This Indicator?
Fair Value Gaps are widely used by professional traders to spot areas of liquidity, making them valuable for scalping, swing trading, and institutional-style trading.
🚀 Add it to your TradingView chart and start trading with precision!
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.
For quick access on a chart, add this script to your favorites — learn more here.
Our Beginner Options eEbook: findbettertrades.com/beginner-options-guide?utm_source=tradingview&utm_medium=tradingview+profile
Free Telegram Channel: t.me/findbettertrades
Free Telegram Channel: t.me/findbettertrades
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.
For quick access on a chart, add this script to your favorites — learn more here.
Our Beginner Options eEbook: findbettertrades.com/beginner-options-guide?utm_source=tradingview&utm_medium=tradingview+profile
Free Telegram Channel: t.me/findbettertrades
Free Telegram Channel: t.me/findbettertrades
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.