Studio SMS: Volume-Confirmed Fair Value Gaps

Studio SMS — Volume-Confirmed Fair Value Gaps (FVG)

This indicator detects Fair Value Gaps based on Smart Money Concepts (SMC) and enhances them using volume confirmation logic.

Key Features:
• Detects Bullish and Bearish Fair Value Gaps automatically
• Volume validation on FVG creation candle
• Highlights institutional displacement moves
• Filters weak / low-participation gaps
• Designed for scalping, intraday, and trend continuation trading

Volume Logic:
FVG zones formed with a volume spike indicate stronger institutional participation.
Low-volume gaps are intentionally filtered or visually downgraded to avoid weak setups.

Best Usage Guidelines:
• Always evaluate FVG zones together with nearby volume structure
• Strong reactions typically occur when FVG aligns with high-volume areas or liquidity zones
• Works best when combined with Market Structure (BOS / Trend Bias)
• Avoid trading isolated FVGs formed during low-volume consolidation

Important:
This tool is a decision-support indicator and should be used with proper risk management and drawdown control.
Suitable for discretionary trading as well as automation using TradingView webhook / Algo API integrations.

⚠️ Notes

This indicator provides structural guidance, not financial advice.
Always use proper risk management.

👨‍💻 Developer
Inder Singh
🌐 indersingh.com

リリースノート

Release Notes: Version 2.0 – Retest Logic & UI Overhaul
This update focuses on precision entries and improved visual clarity. We’ve added logic to detect the first "Retest" of a Fair Value Gap, which is often the highest-probability entry point for Smart Money traders.

1. New Retest Detection Engine
Bullish Retest: Automatically identifies when price dips back into a Bullish FVG without breaking the invalidation level (bottom of the gap).

Bearish Retest: Identifies when price rallies into a Bearish FVG without breaking the invalidation level (top of the gap).

One-Signal Logic: Retest signals are programmed to trigger only once per FVG box to prevent "alert spamming" in consolidation zones.

2. UI & Visibility Improvements
Sharp Icon Markers: Replaced bulky labels with high-contrast, sharp unicode characters (▲ and ▼).

Pro-Color Palette: Updated default colors to Neon Mint and Bright Rose for maximum visibility on both dark and light chart themes.

Glow Effect: Added a subtle background "glow" on retest bars to help identify entry candles at a glance.

3. Strategic Enhancements
Improved Mitigation Logic: FVG boxes now snap and close precisely at the bar of mitigation, keeping your chart clean and free of "dead" zones.

New Alert Conditions: Added specific alert hooks for Bull FVG Retest and Bear FVG Retest, making it easier to connect to automated bots (Delta Exchange, etc.).

How to use this update:
Entry: Look for the ▲ icon (Bullish) or ▼ icon (Bearish).

Invalidation: The opposite side of the FVG box serves as your logical Stop Loss.

Disclaimer: This indicator is for educational and informational purposes only. Trading involves significant risk of loss. Past performance is not indicative of future results. No part of this script constitutes financial advice.

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studioAlgo

⚡ Inder Singh | North Web Studio
Algo Trading • Pine Script • App Development
indersingh.com

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オープンソーススクリプト

studioAlgo

⚡ Inder Singh | North Web Studio
Algo Trading • Pine Script • App Development
indersingh.com

他のメディア: