OPEN-SOURCE SCRIPT

FVG + iFVG (Static)

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❤︎ FVG + iFVG (Static)

Automatically detects confirmed Fair Value Gaps (FVGs) from a static user-selected timeframe, making it easy to view them on lower-timeframe charts.

Features
  • Projects confirmed FVGs from a static timeframe onto lower-timeframe charts.
  • Optional conversion of disrespected FVGs into iFVGs.
  • Optional 50% equilibrium (midline) for FVGs and iFVGs.
  • Automatic mitigation removal.
  • Customizable display, colors, and extension length.


How It Works
  • Bullish FVGs form after an imbalance to the upside.
  • Bearish FVGs form after an imbalance to the downside.
  • Confirmed FVGs are projected from the selected timeframe onto lower-timeframe charts.
  • Disrespected FVGs can optionally convert into Inverse Fair Value Gaps (iFVGs).



This indicator is intended as a visual analysis tool for identifying market imbalances and potential areas of interest. It does not provide financial advice or guaranteed trade signals.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.