OPEN-SOURCE SCRIPT
Updated FVG/IFVG

Sure. Here's the description without that section:
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# FVG + iFVG Multi-Timeframe
This indicator detects and displays **Fair Value Gaps (FVGs)** and **Inverted Fair Value Gaps (iFVGs)** across multiple timeframes. It automatically identifies new imbalances, tracks them as price develops, and converts them into iFVGs when an FVG is invalidated.
It is designed to provide a clean, organized, and highly customizable way to monitor price imbalances while keeping the chart easy to read.
## Features
* Multi-Timeframe FVG Detection (up to 5 custom timeframes)
* Automatic iFVG Detection
* Bullish and Bearish FVGs
* Bullish and Bearish iFVGs
* Live (developing) FVG preview
* Optional candle-close confirmation
* Delete filled FVGs automatically
* Extend FVG boxes
* Adjustable box length
* Individual colors for each timeframe
* Separate colors for FVGs and iFVGs
* Custom border style and border width
* Fully customizable labels
* Adjustable label distance
* Option to hide lower timeframe FVGs
* Alerts for Bullish/Bearish FVGs and Bullish/Bearish iFVGs
## Customization
The indicator provides complete control over:
* Timeframes
* FVG visibility
* iFVG visibility
* Colors
* Labels
* Border style
* Border width
* Box length
* Filled FVG behavior
* Candle-close confirmation
* Historical detection settings
This indicator is built to be lightweight, customizable, and suitable for traders who want to monitor multiple timeframe imbalances from a single chart.
---
# FVG + iFVG Multi-Timeframe
This indicator detects and displays **Fair Value Gaps (FVGs)** and **Inverted Fair Value Gaps (iFVGs)** across multiple timeframes. It automatically identifies new imbalances, tracks them as price develops, and converts them into iFVGs when an FVG is invalidated.
It is designed to provide a clean, organized, and highly customizable way to monitor price imbalances while keeping the chart easy to read.
## Features
* Multi-Timeframe FVG Detection (up to 5 custom timeframes)
* Automatic iFVG Detection
* Bullish and Bearish FVGs
* Bullish and Bearish iFVGs
* Live (developing) FVG preview
* Optional candle-close confirmation
* Delete filled FVGs automatically
* Extend FVG boxes
* Adjustable box length
* Individual colors for each timeframe
* Separate colors for FVGs and iFVGs
* Custom border style and border width
* Fully customizable labels
* Adjustable label distance
* Option to hide lower timeframe FVGs
* Alerts for Bullish/Bearish FVGs and Bullish/Bearish iFVGs
## Customization
The indicator provides complete control over:
* Timeframes
* FVG visibility
* iFVG visibility
* Colors
* Labels
* Border style
* Border width
* Box length
* Filled FVG behavior
* Candle-close confirmation
* Historical detection settings
This indicator is built to be lightweight, customizable, and suitable for traders who want to monitor multiple timeframe imbalances from a single chart.
Release Notes
FVG + iFVG Multi-TimeframeThis indicator detects and displays **Fair Value Gaps (FVGs)** and **Inverted Fair Value Gaps (iFVGs)** across multiple timeframes. It automatically identifies new imbalances, tracks them as price develops, and converts them into iFVGs when an FVG is invalidated.
It is designed to provide a clean, organized, and highly customizable way to monitor price imbalances while keeping the chart easy to read.
## Features
* Multi-Timeframe FVG Detection (up to 5 custom timeframes)
* Automatic iFVG Detection
* Bullish and Bearish FVGs
* Bullish and Bearish iFVGs
* Live (developing) FVG preview
* Optional candle-close confirmation
* Delete filled FVGs automatically
* Extend FVG boxes
* Adjustable box length
* Individual colors for each timeframe
* Separate colors for FVGs and iFVGs
* Custom border style and border width
* Fully customizable labels
* Adjustable label distance
* Option to hide lower timeframe FVGs
* Alerts for Bullish/Bearish FVGs and Bullish/Bearish iFVGs
## Customization
The indicator provides complete control over:
* Timeframes
* FVG visibility
* iFVG visibility
* Colors
* Labels
* Border style
* Border width
* Box length
* Filled FVG behavior
* Candle-close confirmation
* Historical detection settings
This indicator is built to be lightweight, customizable, and suitable for traders who want to monitor multiple timeframe imbalances from a single chart.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.