OPEN-SOURCE SCRIPT
Güncellendi Daily/Weekly FVG by Kris
This indicator is a Multi-Timeframe (MTF) tool designed to automatically identify and project Fair Value Gaps (Imbalances) from Daily and Weekly timeframes onto your current chart. It helps traders locate higher-timeframe Areas of Interest (POI) and liquidity voids without manually switching charts.
How it works:
The script utilizes `request.security` to fetch High and Low data from Daily and Weekly timeframes. It identifies a Fair Value Gap (FVG) based on the 3-candle formation logic where price moves inefficiently, leaving a gap between the wicks.
- Bullish FVG: Identified when the current Daily/Weekly Low is greater than the High of the candle from 2 periods ago.
- Bearish FVG: Identified when the current Daily/Weekly High is lower than the Low of the candle from 2 periods ago.
The indicator draws a box extending to the right to visualize the zone, along with a dotted midline which often acts as a sensitive support/resistance level.
Unique Feature: Smart Mitigation (Auto-Hide)
To keep your chart clean and focused on relevant data, the script includes a "Full Fill" logic. It continuously monitors price action relative to existing FVG boxes.
- If price completely crosses through a box (fully fills the gap), the indicator considers it "mitigated" and automatically hides the box and its midline (sets transparency to 100%).
- This ensures you only see "fresh" or unfilled gaps that are still relevant for trading.
Settings:
- TF Checkboxes (Daily/Weekly FVG): Toggle the visibility of Daily or Weekly gaps independently based on your analysis needs.
- Design Mode:
Colored: Uses classic Green (Bullish) and Red (Bearish) colors for easy trend identification.
Monochrome: Uses Gray tones for a minimalist look that reduces visual noise on the chart.
Usage:
Use these zones to identify potential reversal points or liquidity targets. Since these are higher-timeframe levels, they often carry more weight than intraday imbalances.
How it works:
The script utilizes `request.security` to fetch High and Low data from Daily and Weekly timeframes. It identifies a Fair Value Gap (FVG) based on the 3-candle formation logic where price moves inefficiently, leaving a gap between the wicks.
- Bullish FVG: Identified when the current Daily/Weekly Low is greater than the High of the candle from 2 periods ago.
- Bearish FVG: Identified when the current Daily/Weekly High is lower than the Low of the candle from 2 periods ago.
The indicator draws a box extending to the right to visualize the zone, along with a dotted midline which often acts as a sensitive support/resistance level.
Unique Feature: Smart Mitigation (Auto-Hide)
To keep your chart clean and focused on relevant data, the script includes a "Full Fill" logic. It continuously monitors price action relative to existing FVG boxes.
- If price completely crosses through a box (fully fills the gap), the indicator considers it "mitigated" and automatically hides the box and its midline (sets transparency to 100%).
- This ensures you only see "fresh" or unfilled gaps that are still relevant for trading.
Settings:
- TF Checkboxes (Daily/Weekly FVG): Toggle the visibility of Daily or Weekly gaps independently based on your analysis needs.
- Design Mode:
Colored: Uses classic Green (Bullish) and Red (Bearish) colors for easy trend identification.
Monochrome: Uses Gray tones for a minimalist look that reduces visual noise on the chart.
Usage:
Use these zones to identify potential reversal points or liquidity targets. Since these are higher-timeframe levels, they often carry more weight than intraday imbalances.
Sürüm Notları
Bug fixesFixed repainting: all request.security() calls now use confirmed closed candles only (lookahead=barmerge.lookahead_off)
Fixed FVG zone left boundary anchor point
New features
Min FVG size filter (%) — filters out insignificant imbalances
Max zones per type — limits the number of displayed zones per category, oldest zone is removed when limit is exceeded
Midline touch alerts — four separate alert conditions (Daily Bullish, Daily Bearish, Weekly Bullish, Weekly Bearish). Alerts only fire on active unfilled zones
Tooltips added to all settings
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
В ТГ-канале то, чего нет на графике: разбор сделок, точки входа, индикатор разметки уровней и общение t.me/+K3Ii1rjMjA4xM2Ni
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
В ТГ-канале то, чего нет на графике: разбор сделок, точки входа, индикатор разметки уровней и общение t.me/+K3Ii1rjMjA4xM2Ni
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.