Mastering Map Fair Value Gap (FVG) JPT
🔷 OVERVIEW
Mastering Map Fair Value Gap (FVG) JPT is a price-action indicator designed to identify bullish and bearish Fair Value Gaps (FVGs) automatically. It helps traders visualize market imbalances, monitor potential reaction zones, and study how price interacts with unfilled gaps.
The indicator uses a three-candle pattern to detect imbalances and displays them as colored chart zones, with optional 50% equilibrium lines and mitigation tracking.
🔷 HOW IT WORKS
🔹 Bullish FVG: Identifies an imbalance when the current candle's low is above the high of the candle two bars earlier.
🔹 Bearish FVG: Identifies an imbalance when the current candle's high is below the low of the candle two bars earlier.
🔹 Minimum Gap Filter: Allows traders to filter smaller gaps using a minimum percentage threshold.Pine Script®
🔹 ATR Filter: Optionally filters FVGs according to the Average True Range (ATR).
Pine Script®
🔹 50% Equilibrium: Displays the midpoint of each imbalance zone to help traders analyze potential reaction levels.Pine Script®
🔹 Mitigation Tracking: Monitors price returning to an FVG using three selectable modes: Touch, 50% Fill, or Full Fill.Pine Script®
-> Zone Management: Extends active zones forward and allows traders to remove mitigated zones or keep them visible in a different color.
-> Alerts: Provides alert conditions for newly detected bullish and bearish FVGs.
🔷 HOW TO USE
1. Add the indicator to your TradingView chart.
2. Enable bullish FVGs, bearish FVGs, or both according to your preference.
3. Adjust the minimum gap percentage and optional ATR filter to control detection sensitivity.
4. Enable the 50% equilibrium line to visualize the midpoint of each imbalance.
5. Select a mitigation mode based on how you want price interactions with FVG zones to be tracked.
6. Adjust zone extension and the maximum number of stored zones to keep your chart organized.
7. Combine FVG zones with market structure, liquidity levels, trend direction, and price-action confirmation when analyzing potential trading opportunities.
Bullish FVGs may act as potential support or reaction zones, while bearish FVGs may act as potential resistance or reaction zones. Always wait for appropriate confirmation before considering a trade.
🔷 IMPORTANT NOTE
This indicator is an educational and technical-analysis tool. Fair Value Gaps do not guarantee price reversals, continuation, or profitable trades.
An FVG can be revisited, partially filled, completely filled, or invalidated by subsequent price action. Detection alone is not a buy or sell signal.
Always use proper risk management and independently evaluate market conditions before making trading decisions. Backtest your settings and consider paper trading before applying the indicator to a live account.
Mastering Map Fair Value Gap (FVG) JPT is a price-action indicator designed to identify bullish and bearish Fair Value Gaps (FVGs) automatically. It helps traders visualize market imbalances, monitor potential reaction zones, and study how price interacts with unfilled gaps.
The indicator uses a three-candle pattern to detect imbalances and displays them as colored chart zones, with optional 50% equilibrium lines and mitigation tracking.
🔷 HOW IT WORKS
🔹 Bullish FVG: Identifies an imbalance when the current candle's low is above the high of the candle two bars earlier.
🔹 Bearish FVG: Identifies an imbalance when the current candle's high is below the low of the candle two bars earlier.
🔹 Minimum Gap Filter: Allows traders to filter smaller gaps using a minimum percentage threshold.
🔹 ATR Filter: Optionally filters FVGs according to the Average True Range (ATR).
🔹 50% Equilibrium: Displays the midpoint of each imbalance zone to help traders analyze potential reaction levels.
🔹 Mitigation Tracking: Monitors price returning to an FVG using three selectable modes: Touch, 50% Fill, or Full Fill.
-> Zone Management: Extends active zones forward and allows traders to remove mitigated zones or keep them visible in a different color.
-> Alerts: Provides alert conditions for newly detected bullish and bearish FVGs.
🔷 HOW TO USE
1. Add the indicator to your TradingView chart.
2. Enable bullish FVGs, bearish FVGs, or both according to your preference.
3. Adjust the minimum gap percentage and optional ATR filter to control detection sensitivity.
4. Enable the 50% equilibrium line to visualize the midpoint of each imbalance.
5. Select a mitigation mode based on how you want price interactions with FVG zones to be tracked.
6. Adjust zone extension and the maximum number of stored zones to keep your chart organized.
7. Combine FVG zones with market structure, liquidity levels, trend direction, and price-action confirmation when analyzing potential trading opportunities.
Bullish FVGs may act as potential support or reaction zones, while bearish FVGs may act as potential resistance or reaction zones. Always wait for appropriate confirmation before considering a trade.
🔷 IMPORTANT NOTE
This indicator is an educational and technical-analysis tool. Fair Value Gaps do not guarantee price reversals, continuation, or profitable trades.
An FVG can be revisited, partially filled, completely filled, or invalidated by subsequent price action. Detection alone is not a buy or sell signal.
Always use proper risk management and independently evaluate market conditions before making trading decisions. Backtest your settings and consider paper trading before applying the indicator to a live account.
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🥇 Free Daily Forex, Gold & BTC Trade Signals
📚 Daily Trading Lessons & Technical Analysis
Learn, improve, and follow the market with us — completely FREE.
📲 Join Now: t.me/JosProTrader_050
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
📈 FREE TELEGRAM CHANNEL
🥇 Free Daily Forex, Gold & BTC Trade Signals
📚 Daily Trading Lessons & Technical Analysis
Learn, improve, and follow the market with us — completely FREE.
📲 Join Now: t.me/JosProTrader_050
🥇 Free Daily Forex, Gold & BTC Trade Signals
📚 Daily Trading Lessons & Technical Analysis
Learn, improve, and follow the market with us — completely FREE.
📲 Join Now: t.me/JosProTrader_050
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.