PROTECTED SOURCE SCRIPT
Updated Sonarlab - Double Fair Value Gap (DFVG)
The Double Fair Value Gap will give great zones where price in the future can react off. The script is Multi Timeframe. Of course the name says it already, the script basically searches for area's where a FVG gets rebalanced with another Fair Value Gap - a double fair value gap. Amazing for searching strong buying and selling pressure in the markets.
You can see below for example that price creates a Double Fair Value Gap and comes back to fill it.
You can customize the script how you like it, with the following settings and inputs:
You can see below for example that price creates a Double Fair Value Gap and comes back to fill it.
You can customize the script how you like it, with the following settings and inputs:
- Show double fair value gap
- DFVG Lookback: {value}
- Display Limit {value}
- Colors: Bullish and Bearish DFVG
Extension - Extend to {recent or max}
- Custom extension: {value}
Mitigation - Mitigated: {remove or stop}
- Mitigation level {value %}
Customize Box TextPremium ZoneMidline - Show midline
- Styling settings
Alerts] - Bullish Alert
- Bearish Alert
Release Notes
- Fixed Bearish DFVG intermittently not showing Release Notes
- Fixed Bearish DFVG intermittently not showingProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.