OPEN-SOURCE SCRIPT
Atualizado Fair Value Range Breakout [by Oberlunar]
Fair Value Range Breakout by Oberlunar is a community tool built around higher-timeframe structure and HTF imbalance zones. It reconstructs and draws up to three recent candles from a user-selected HTF and optionally displays their High, Low, Open, and Close levels with configurable styles and colours, keeping HTF candles and FVG ranges readable while working on lower timeframes.
On each confirmed HTF candle close, the script scans the last three closed HTF candles to detect bullish and bearish Fair Value Gaps using either wicks or candle bodies as the reference. You can filter gaps by a minimum size in ticks, keep only the most recent zones, and extend zones to the right for ongoing interaction tracking.
Set the HTF timeframe according to your horizon, such as Daily for swing context or H4-H2 for intraday structure, then enable the HTF candle overlay and choose which OHLC levels to show for each candle. In the HTF FVG settings, pick Wicks for zones that reflect extremes or Bodies for tighter zones, and increase the minimum gap in ticks if you want fewer, cleaner zones. If you use signals, choose “Close inside” for stricter interaction requirements or “Wick touch” for earlier detection, and apply a small exit buffer in ticks when noise is high. A practical workflow is using HTF=2H on a 5m or 15m chart, monitoring price interaction with an HTF FVG zone, and treating the plotted signal as confirmation of a zone exit rather than a standalone entry system.
Attribution and derivative work notice is explicit and intentional.
The HTF candle architecture component is a derivative work based on HTF Candle Architecture by BigBeluga, and the HTF FVG engine is a derivative work based on “Fair Value Gap MTF” by Oberlunar.
The original references are provided above exactly and in the code as required.
Enjoy
Oberlunar 👁️★
On each confirmed HTF candle close, the script scans the last three closed HTF candles to detect bullish and bearish Fair Value Gaps using either wicks or candle bodies as the reference. You can filter gaps by a minimum size in ticks, keep only the most recent zones, and extend zones to the right for ongoing interaction tracking.
Set the HTF timeframe according to your horizon, such as Daily for swing context or H4-H2 for intraday structure, then enable the HTF candle overlay and choose which OHLC levels to show for each candle. In the HTF FVG settings, pick Wicks for zones that reflect extremes or Bodies for tighter zones, and increase the minimum gap in ticks if you want fewer, cleaner zones. If you use signals, choose “Close inside” for stricter interaction requirements or “Wick touch” for earlier detection, and apply a small exit buffer in ticks when noise is high. A practical workflow is using HTF=2H on a 5m or 15m chart, monitoring price interaction with an HTF FVG zone, and treating the plotted signal as confirmation of a zone exit rather than a standalone entry system.
Attribution and derivative work notice is explicit and intentional.
The HTF candle architecture component is a derivative work based on HTF Candle Architecture by BigBeluga, and the HTF FVG engine is a derivative work based on “Fair Value Gap MTF” by Oberlunar.
The original references are provided above exactly and in the code as required.
Enjoy
Oberlunar 👁️★
Notas de Lançamento
small updateNotas de Lançamento
another small fixNotas de Lançamento
1) Added an option for signals that break with FVG any part or totally the VAH/VAL.2) Added volume profile inside FVG.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Founder of UnconventionalTraders, a platform for 0DTE/ORB analysis:
unconventionaltraders.com
unconventionaltraders.com
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Founder of UnconventionalTraders, a platform for 0DTE/ORB analysis:
unconventionaltraders.com
unconventionaltraders.com
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.