OPEN-SOURCE SCRIPT
ZENKO Session FVG
# ZENKO FVG — Session-Based Fair Value Gap
ZENKO FVG is a clean Fair Value Gap (FVG) indicator designed to help traders identify price imbalances within selected trading sessions while keeping the chart simple and easy to read.
The indicator was developed around the ZENKO trading approach, where Fair Value Gaps are used as potential areas of interest rather than standalone entry signals.
## Core Concept
A Fair Value Gap represents an imbalance created during strong price displacement. These areas may become relevant when price later revisits them as the market searches for liquidity or rebalances inefficient price delivery.
ZENKO FVG automatically detects these imbalances and displays them directly on the chart.
## Key Features
• Automatic Bullish & Bearish FVG Detection
Identifies three-candle Fair Value Gap structures automatically.
• Session-Based Filtering
Allows traders to focus on FVGs formed during selected trading sessions such as Asia and London, reducing unnecessary zones from outside the intended trading period.
• Clean FVG Zones
Bullish and bearish FVGs are displayed as clear zones without overcrowding the chart.
• FVG Midpoint
Each FVG can display its 50% equilibrium level, providing an additional reference point when price returns to the imbalance.
• Customizable Display
Users can adjust FVG colors, zone appearance, session settings and other visual parameters according to their chart preference.
• Multiple Timeframe Application
The indicator can be applied across different chart timeframes depending on the trader's execution model.
## ZENKO Trading Approach
ZENKO FVG is primarily designed to help locate higher-quality areas of interest.
A typical ZENKO workflow may involve:
Higher-Timeframe FVG → Price returns into the area → Liquidity reaction or sweep → Lower-timeframe imbalance / IFVG confirmation → Execution.
For example, a trader may identify an important FVG on M15 and then move to lower timeframes such as M1–M4 to look for additional confirmation.
The indicator itself does not determine whether a trade should be taken. Market structure, liquidity, displacement, session context and risk management should still be considered.
## Purpose
The main objective of ZENKO FVG is simple:
**Reduce chart noise and make relevant Fair Value Gaps easier to identify.**
Instead of manually marking every imbalance, traders can use the indicator to quickly visualize FVG locations and focus their attention on price action around those areas.
## Important
ZENKO FVG is an analytical tool and should not be treated as an automated buy or sell system.
Fair Value Gaps do not guarantee that price will react, reverse or continue from a specific level. Traders should combine the indicator with their own market analysis, confirmation criteria and risk-management rules.
Past market behavior does not guarantee future results.
**ZENKO — Find the imbalance. Wait for confirmation. Execute with discipline.**
ZENKO FVG is a clean Fair Value Gap (FVG) indicator designed to help traders identify price imbalances within selected trading sessions while keeping the chart simple and easy to read.
The indicator was developed around the ZENKO trading approach, where Fair Value Gaps are used as potential areas of interest rather than standalone entry signals.
## Core Concept
A Fair Value Gap represents an imbalance created during strong price displacement. These areas may become relevant when price later revisits them as the market searches for liquidity or rebalances inefficient price delivery.
ZENKO FVG automatically detects these imbalances and displays them directly on the chart.
## Key Features
• Automatic Bullish & Bearish FVG Detection
Identifies three-candle Fair Value Gap structures automatically.
• Session-Based Filtering
Allows traders to focus on FVGs formed during selected trading sessions such as Asia and London, reducing unnecessary zones from outside the intended trading period.
• Clean FVG Zones
Bullish and bearish FVGs are displayed as clear zones without overcrowding the chart.
• FVG Midpoint
Each FVG can display its 50% equilibrium level, providing an additional reference point when price returns to the imbalance.
• Customizable Display
Users can adjust FVG colors, zone appearance, session settings and other visual parameters according to their chart preference.
• Multiple Timeframe Application
The indicator can be applied across different chart timeframes depending on the trader's execution model.
## ZENKO Trading Approach
ZENKO FVG is primarily designed to help locate higher-quality areas of interest.
A typical ZENKO workflow may involve:
Higher-Timeframe FVG → Price returns into the area → Liquidity reaction or sweep → Lower-timeframe imbalance / IFVG confirmation → Execution.
For example, a trader may identify an important FVG on M15 and then move to lower timeframes such as M1–M4 to look for additional confirmation.
The indicator itself does not determine whether a trade should be taken. Market structure, liquidity, displacement, session context and risk management should still be considered.
## Purpose
The main objective of ZENKO FVG is simple:
**Reduce chart noise and make relevant Fair Value Gaps easier to identify.**
Instead of manually marking every imbalance, traders can use the indicator to quickly visualize FVG locations and focus their attention on price action around those areas.
## Important
ZENKO FVG is an analytical tool and should not be treated as an automated buy or sell system.
Fair Value Gaps do not guarantee that price will react, reverse or continue from a specific level. Traders should combine the indicator with their own market analysis, confirmation criteria and risk-management rules.
Past market behavior does not guarantee future results.
**ZENKO — Find the imbalance. Wait for confirmation. Execute with discipline.**
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.