OPEN-SOURCE SCRIPT
FVA
FVA (Fair Value Area) with Smart Volume Detector
Short Description:
This indicator is built using pure TPO (Time Price Opportunity) logic. Its function is to map the price footprint, find out where the market likes to consolidate the most, highlight empty areas, and detect volume dominance in real-time when the price retests key levels.
Main Features:
* FVA Inside VA: Reads the POC (Point of Control) or the area with the longest time accumulation inside the Value Area (default 68%). Acts as the main price magnet.
* FVA Outside VA: The second largest accumulation point that is strictly located outside the Value Area. Very accurate for reversal or pullback areas.
* Single Prints: Automatically marks price areas that were only briefly passed through (1x tap). Acts like an imbalance or gap that has a high probability of being revisited by the market.
* Smart Extend & Freeze: The area boxes automatically extend following the running price (+10 bars ahead). Once the box is touched by the price (mitigated), the extension will automatically freeze to keep the chart clean.
* Volume Detector (On Touch): This is the killer feature. When the price enters the FVA or Single Print area, the box automatically changes color to track volume dominance using Typical Price (CVD) calculation.
* Blue: Buyers are dominant in holding the area.
* Red: Sellers are dominating the pressure.
* Auto Tick Size: Switching charts from Forex, Indices (NQ/SPX), to Crypto won't be a hassle with manual tick settings. The proportion size automatically adjusts to the asset's range.
How to Use:
Use FVA Inside & Outside as targets or entry areas. Pay attention to the box color changes (Volume Detector) when the price enters those areas as additional confirmation of who is in control of the market (Buyer/Seller) before you execute a position.
Short Description:
This indicator is built using pure TPO (Time Price Opportunity) logic. Its function is to map the price footprint, find out where the market likes to consolidate the most, highlight empty areas, and detect volume dominance in real-time when the price retests key levels.
Main Features:
* FVA Inside VA: Reads the POC (Point of Control) or the area with the longest time accumulation inside the Value Area (default 68%). Acts as the main price magnet.
* FVA Outside VA: The second largest accumulation point that is strictly located outside the Value Area. Very accurate for reversal or pullback areas.
* Single Prints: Automatically marks price areas that were only briefly passed through (1x tap). Acts like an imbalance or gap that has a high probability of being revisited by the market.
* Smart Extend & Freeze: The area boxes automatically extend following the running price (+10 bars ahead). Once the box is touched by the price (mitigated), the extension will automatically freeze to keep the chart clean.
* Volume Detector (On Touch): This is the killer feature. When the price enters the FVA or Single Print area, the box automatically changes color to track volume dominance using Typical Price (CVD) calculation.
* Blue: Buyers are dominant in holding the area.
* Red: Sellers are dominating the pressure.
* Auto Tick Size: Switching charts from Forex, Indices (NQ/SPX), to Crypto won't be a hassle with manual tick settings. The proportion size automatically adjusts to the asset's range.
How to Use:
Use FVA Inside & Outside as targets or entry areas. Pay attention to the box color changes (Volume Detector) when the price enters those areas as additional confirmation of who is in control of the market (Buyer/Seller) before you execute a position.
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.