INVITE-ONLY SCRIPT
Fair Value Gaps Advanced [smart-money-indicators]
This indicator is a tool to support the "SMC" strategy.
This indicator does not provide entry or exit signals.
This indicator is a tool to mark key price areas.
This indicator is a tool to mark key time areas.
This indicator is particularly distinguished by its high customizability of tools,
setting it apart from the indicators currently available on the TradingView platform.
This Fair Value Gaps or Imbalance Indicator marks liquidity areas using boxes.
Fair Value Gaps are created in high-momentum conditions, leaving an area that, in theory and as supported by backtesting, tends to be revisited.
The following settings can be configured:
Show only one-sided Gaps
- Only Fair Value Gaps formed by three consecutive bullish or bearish candles are displayed.
Extend Fair Value Gap
-The box is extended to the current candle.
Draw Mid Line
- A 50% line of the Fair Value Gap is drawn.
Extend Mid Line
-The midline is extended to the current candle.
Remove filled Fair Value Gap
-Filled Fair Value Gaps are removed.
Enable inverse Fair Value Gap
- When a bullish Fair Value Gap is broken, it creates a bearish resistance area.
- When a bearish Fair Value Gap is broken, it creates a bullish support area.
-Display Last X active Buyside Fair Value Gaps
-Display Last X active Sellside Fair Value Gaps
-Display Last X active Buyside Inverse Fair Value Gaps
-Display Last X active Sellside Inverse Fair Value Gaps
This indicator does not provide entry or exit signals.
This indicator is a tool to mark key price areas.
This indicator is a tool to mark key time areas.
This indicator is particularly distinguished by its high customizability of tools,
setting it apart from the indicators currently available on the TradingView platform.
This Fair Value Gaps or Imbalance Indicator marks liquidity areas using boxes.
Fair Value Gaps are created in high-momentum conditions, leaving an area that, in theory and as supported by backtesting, tends to be revisited.
The following settings can be configured:
Show only one-sided Gaps
- Only Fair Value Gaps formed by three consecutive bullish or bearish candles are displayed.
Extend Fair Value Gap
-The box is extended to the current candle.
Draw Mid Line
- A 50% line of the Fair Value Gap is drawn.
Extend Mid Line
-The midline is extended to the current candle.
Remove filled Fair Value Gap
-Filled Fair Value Gaps are removed.
Enable inverse Fair Value Gap
- When a bullish Fair Value Gap is broken, it creates a bearish resistance area.
- When a bearish Fair Value Gap is broken, it creates a bullish support area.
-Display Last X active Buyside Fair Value Gaps
-Display Last X active Sellside Fair Value Gaps
-Display Last X active Buyside Inverse Fair Value Gaps
-Display Last X active Sellside Inverse Fair Value Gaps
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact smart-money-indicators for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
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