OPEN-SOURCE SCRIPT
FVG Zones – shrink on fill (bull/bear)
Detects classic 3-candle FVGs (ICT definition).
Draws zones as boxes that extend to the right.
On each bar close:
Checks overlap with the current candle.
Shrinks the zone when price wicks into it (bullish: top moves down; bearish: bottom moves up).
Deletes the zone once it’s completely filled/closed.
Inputs: bullish/bearish zone color, border color, and max number of visible FVGs.
Possible extensions:
Multi-timeframe FVGs (e.g. H1 FVGs shown on M5).
Separate limits for bullish and bearish zones.
Alerts for new FVG, partial fill, or closed FVG.
Option “Body only” (ignore wicks when detecting overlap).
Minimum FVG size filter (ticks/ATR).
Draws zones as boxes that extend to the right.
On each bar close:
Checks overlap with the current candle.
Shrinks the zone when price wicks into it (bullish: top moves down; bearish: bottom moves up).
Deletes the zone once it’s completely filled/closed.
Inputs: bullish/bearish zone color, border color, and max number of visible FVGs.
Possible extensions:
Multi-timeframe FVGs (e.g. H1 FVGs shown on M5).
Separate limits for bullish and bearish zones.
Alerts for new FVG, partial fill, or closed FVG.
Option “Body only” (ignore wicks when detecting overlap).
Minimum FVG size filter (ticks/ATR).
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.