OPEN-SOURCE SCRIPT

Dynamic FVG/iFVGs

A trading tool for SMC and ICT traders. This indicator automatically identifies and manages Fair Value Gaps (FVG), Inverted Gaps (iFVG), and Balanced Price Ranges (BPR) while cleaning your chart through autonomous merging and pruning.

Features

First Presented Fair Value Gaps (FFVG): This script identifies the First Presented FVG of every major session (London, NY AM, NY PM). These are high-quality anchors that stay drawn throughout the session, providing key session-start levels.
Smart Mode: Automatically merges overlapping gaps and clears out LTF noise to simplify your chart view.
Balanced Price Ranges (BPR): Instantly marks out zones where Bullish and Bearish gaps overlap.
Proximity Filter: Keeps your workspace clean by automatically hiding gaps that are far from the current price.
Stable Performance: Built on Pine Script V6 for total stability and no flickering.

How To Read

Standard Gaps: Traditional Fair Value Gaps that extend into the future.
Inverted Gaps (iFVG): When a standard gap is closed through by price, it inverts into an iFVG.
First Presented (FFVG): Specifically marked as "1st P." levels. These are the first gaps of the session and provide high-quality support or resistance.
BPR Zones: Grey shaded areas that identify where price is balanced between opposing gaps.

Optimized for ICT/SMC trading, session-open analysis, and First Presented FVG (FFVG) strategies.

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.

archiedurrant

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

archiedurrant