OPEN-SOURCE SCRIPT
Open Space (PAID HTF)
this indicator marks out two things at once: open space boxes on your selected timeframe, and fair value gaps one timeframe below it.
the idea is simple. higher timeframe open space shows you where price has room to move. the lower timeframe fair value gaps show you the imbalances inside that space. you get the bigger picture and the finer detail on the same chart without having to flip back and forth.
how the timeframe pairing works
you pick one timeframe. the indicator handles the rest.
1 month open space → 1 week fair value gaps
1 week → 1 day
1 day → 4 hour
4 hour → 2 hour
2 hour → 1 hour
1 hour → 15 min
so if you select 4 hour, you get 4 hour open space and 2 hour fair value gaps together. there's an override in settings if you want to break the pairing, but it runs on auto by default.
no overlapping boxes
overlapping boxes on the same layer get merged into one. if a fair value gap sits fully inside an open space box, it gets dropped since it doesn't add anything there. partial overlaps get trimmed so you only see the part that matters. the chart stays clean.
price anchored
every box is locked to actual price values and actual bar times. zoom in, zoom out, drag the chart around, the levels stay where they belong.
settings
separate color, opacity, and border controls for each layer so you can tell open space from fair value gaps at a glance. timeframe selector with auto pairing or manual override.
how i use it
levels first, entries second. these boxes are where i mark my zones, not where i take blind entries. i want price to react at the level and confirm before i do anything. open space tells me where there's room. the fair value gaps tell me where the imbalance sits inside it. confirmation still comes from structure and the actual reaction at the level.
this is not a signal indicator. it doesn't tell you to buy or sell. it marks levels so you can build your own plan around them.
the idea is simple. higher timeframe open space shows you where price has room to move. the lower timeframe fair value gaps show you the imbalances inside that space. you get the bigger picture and the finer detail on the same chart without having to flip back and forth.
how the timeframe pairing works
you pick one timeframe. the indicator handles the rest.
1 month open space → 1 week fair value gaps
1 week → 1 day
1 day → 4 hour
4 hour → 2 hour
2 hour → 1 hour
1 hour → 15 min
so if you select 4 hour, you get 4 hour open space and 2 hour fair value gaps together. there's an override in settings if you want to break the pairing, but it runs on auto by default.
no overlapping boxes
overlapping boxes on the same layer get merged into one. if a fair value gap sits fully inside an open space box, it gets dropped since it doesn't add anything there. partial overlaps get trimmed so you only see the part that matters. the chart stays clean.
price anchored
every box is locked to actual price values and actual bar times. zoom in, zoom out, drag the chart around, the levels stay where they belong.
settings
separate color, opacity, and border controls for each layer so you can tell open space from fair value gaps at a glance. timeframe selector with auto pairing or manual override.
how i use it
levels first, entries second. these boxes are where i mark my zones, not where i take blind entries. i want price to react at the level and confirm before i do anything. open space tells me where there's room. the fair value gaps tell me where the imbalance sits inside it. confirmation still comes from structure and the actual reaction at the level.
this is not a signal indicator. it doesn't tell you to buy or sell. it marks levels so you can build your own plan around them.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.