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Fair Value Gaps by DGTFair Value Gaps A refined, multi-timeframe Fair Value Gap (FVG) detection tool that brings institutional imbalance zones to life directly on your chart. Designed for precision, it visualizes how price delivers into inefficiencies across chart, higher, and lower (intrabar) timeframes — offering a fluid, structural view of liquidity displacement and market flow. The script continuously tracks unfilled, partially repaired, and fully resolved imbalances, revealing where liquidity inefficiencies concentrate and where price may seek rebalancing. Overlapping zones naturally expose institutional footprints, potential liquidity targets, and key re-pricing regions within the broader market structure. KEY FEATURES ⯌ Multi-Timeframe Detection Detect and display FVGs from the current chart, higher timeframes (HTF), or lower timeframes (LTF) ⯌ Smart Fill Tracking Automatic real-time monitoring of each FVG’s fill progress with live percentage updates ⯌ Custom Fill Logic Choose your preferred definition of when a gap is considered filled: Any Touch Midpoint Reached Wick Sweep Body Beyond ⯌ Dynamic Labels & Tooltips Labels can be toggled on/off. Even when hidden, detailed tooltips remain available by hovering over the FVG midpoint. ⯌ Adaptive Lower-Timeframe Mode When set to “Auto,” the script intelligently selects the optimal lower timeframe based on the chart resolution. DISCLAIMER This script is intended for informational and educational purposes only. It does not constitute financial, investment, or trading advice. All trading decisions made based on its output are solely the responsibility of the user.
Pine Script® indicator
by dgtrd
44
Inside Bars / Nested Bars (+ Gaps) [jenaparadies]📌 Features Highlight inside bars Highlight bars that remain within the range of a mother bar (called nested bars ) Highlight the mother bar (optional) Highlight consecutive nested bars using a visual box (optional) Enable no-gap candle logic (optional, see below) Show no-gap candles on the chart (optional) Fully customizable colors and appearance 📌 Method An inside bar is any candle whose high is lower than or equal to the previous candle's high, and whose low is higher than or equal to the previous candle's low. In other words, the entire price action of the inside bar remains within the range of the previous candle without exceeding it. The preceding candle is referred to as the mother bar . Occasionally, the candle following the inside bar may break above or below the inside bar's range, while still remaining fully within the high and low of the mother bar. These candles are referred to as nested bars and are highlighted in a different color. Optionally, sequences of consecutive nested bars can be enclosed within a box to emphasize consolidation zones. 📌 No-Gap Candles (Optional) This feature adjusts each candle’s opening price so that it matches the closing price of the previous candle. It is particularly useful for assets that frequently experience large gaps between candles. By extending each candle's effective range to include the previous candle's close, the indicator maintains structural consistency over timeframes, especially when the open price deviates significantly from the prior close. Inside bars are then identified relative to the extended range of the mother bar. Optionally, the adjusted no-gap candles can be visualized directly on the chart for better clarity. 🎁 Bonus Activating the "Show No-Gap Candles" option transforms any line chart into a gap-free bar chart ‒ ideal for visualizing economic data such as inflation rates.
Pine Script® indicator
by jenaparadies
Synapse Trade - Fair Value GapsNot your average FVG indicator. This FVG indicator allowed for overlapping, and invalidated FVGs to remain as the existence of Inversion Fair Value Gaps exists and, in my recent experience, has been incredibly useful finding new levels of support and resistance, even inside a currently FVG, the "invalidated" FVGs can still have an impact on price trend and react to it. ~edit: updated chart to be cleaner and include only the FVG indicator
Pine Script® indicator
by SynapseTrade
Immediate Rebalance ICT [TradingFinder] No Imbalances - MTF Gaps🔵 Introduction The concept of "Immediate Rebalance" in technical analysis is a powerful and advanced strategy within the ICT (Inner Circle Trader) framework, widely used to identify key market levels. Unlike the "Fair Value Gap," which leaves a price gap requiring a retracement for a fill, an Immediate Rebalance fills the gap immediately, representing an instant balance that strengthens the prevailing market trend. This structure allows traders to quickly spot critical price zones, capitalizing on strong trend continuations without the need for price retracement. The "Immediate Rebalance ICT" indicator leverages this concept, providing traders with automated identification of critical supply and demand zones, order blocks, liquidity voids, and key buy-side and sell-side liquidity levels. Through features like crucial liquidity points and immediate rebalancing areas, this tool enables traders to perform precise real-time market analysis and seize profitable opportunities. 🔵 How to Use The Immediate Rebalance indicator assists traders in identifying reliable trading signals by detecting and analyzing Immediate Rebalance zones. By focusing on supply and demand areas, the indicator pinpoints optimal entry and exit positions. Here’s how to use the indicator in both bearish (Supply Immediate Rebalance) and bullish (Demand Immediate Rebalance) structures : 🟣 Bullish Structure (Demand Immediate Rebalance) In a bullish scenario, the indicator detects a Demand Immediate Rebalance formed by two consecutive bullish candles with overlapping wicks. This structure signifies an immediate demand zone, where price instantly balances within the zone, reducing the likelihood of a revisit and indicating potential upside momentum. Zone Identification : Look for two consecutive bullish candles with overlapping wicks, forming a demand zone. This structure, due to its rapid balance, usually does not require a revisit and supports further upward movement. Entry and Exit Levels : If price revisits this zone, percentage markers, particularly 50% and 75%, act as supportive levels, creating ideal entry points for long positions. Example : In the second image, an example of a Demand Immediate Rebalance is shown, where overlapping bullish candle shadows indicate immediate balance, supporting the continuation of the bullish trend. 🟣 Bearish Structure (Supply Immediate Rebalance) In a bearish setup, the indicator identifies a Supply Immediate Rebalance when two consecutive bearish candles with overlapping wicks appear. This formation signals an immediate supply zone, suggesting a high probability of trend continuation to the downside, with minimal expectation for price to retrace back to this area. Zone Identificatio n: Look for two consecutive bearish candles with overlapping shadows. This structure forms a supply area where price is expected to continue its downtrend without revisiting the zone. Entry and Exit Level s: Should price revisit this zone, percentage-based levels (e.g., 50% and 75%) serve as potential resistance points, optimizing entry for short positions, especially if the downtrend is expected to persist. Example : The attached chart illustrates a Supply Immediate Rebalance, where overlapping candle shadows define this area, reassuring traders of a continued downward trend with a low likelihood of price returning to this zone. 🔵 Settings ImmR Filter : This filter allows users to adjust the detection of Immediate Rebalance zones in four modes, from "Very Aggressive" to "Very Defensive," based on zone width. The chosen mode controls the sensitivity of Immediate Rebalance detection, allowing users to fine-tune the indicator to their trading style. Multi Time Frame : Enabling this option allows users to set the indicator to a specific timeframe (1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, daily, weekly, or monthly), broadening the perspective for identifying Immediate Rebalance zones across multiple timeframes. 🔵 Conclusion The Immediate Rebalance indicator, based on rapid balancing zones within supply and demand areas, serves as a powerful tool for market analysis and improving trade decision-making. By accurately identifying zones where price achieves instant balance without gaps, the indicator highlights areas likely to support strong trend continuations, exempt from common retracements. The indicator’s use of percentage levels enables traders to pinpoint optimal entry and exit points more effectively, with levels like 50% and 75% acting as support within demand zones and resistance within supply zones. This empowers traders to ride strong trends without the worry of abrupt reversals. Overall, the Immediate Rebalance is a reliable tool for both professional and beginner traders seeking precise methods to recognize supply and demand zones, capitalizing on consistent trends. By choosing appropriate settings and focusing on the zones highlighted by this indicator, traders can enter trades with greater confidence and improve their risk management.
Pine Script® indicator
by TFlab
3
Fair Value Gaps Setup 01 [TradingFinder] FVG Absorption + CHoCH🔵 Introduction 🟣 Market Structures Market structures exhibit a fractal and nested nature, which leads us to classify them into internal (minor) and external (major) categories. Definitions of market structure vary, with different methodologies such as Smart Money and ICT offering distinct interpretations. To identify market structure, the initial step involves examining key highs and lows. An uptrend is characterized by successive highs and lows that are higher than their predecessors. Conversely, a downtrend is marked by successive lows and highs that are lower than their previous counterparts. 🟣 Market Trends and Movements Market trends consist of two primary types of movements : Impulsive Movements : These movements align with the main trend and are characterized by high strength and momentum. Corrective Movements : These movements counter the main trend and are marked by lower strength and momentum. 🟣 Break of Structure (BOS) In a downtrend, a Break of Structure (BOS) occurs when the price falls below the previous low and establishes a new low (LL). In an uptrend, a BOS, also known as a Market Structure Break (MSB), happens when the price rises above the last high. To confirm a trend, at least one BOS is necessary, which requires the price to close at least one candle beyond the previous high or low. 🟣 Change of Character (CHOCH) Change of Character (CHOCH) is a crucial concept in market structure analysis, indicating a shift in trend. A trend concludes with a CHOCH, also referred to as a Market Structure Shift (MSS). For example, in a downtrend, the price continues to drop with BOS, showcasing the trend's strength. However, when the price rises and exceeds the last high, a CHOCH occurs, signaling a potential transition from a downtrend to an uptrend. It is essential to note that a CHOCH does not immediately indicate a buy trade. Instead, it is prudent to wait for a BOS in the upward direction to confirm the uptrend. Unlike BOS, a CHOCH confirmation does not require a candle to close; merely breaking the previous high or low with the candle's wick is sufficient. 🟣 Spike | Inefficiency | Imbalance All these terms mean fast price movement in the shortest possible time. 🟣 Fair Value Gap (FVG) To pinpoint the "Fair Value Gap" (FVG) on a chart, a detailed candle-by-candle analysis is necessary. This process involves focusing on candles with substantial bodies and evaluating them in relation to the candles immediately before and after them. Here are the steps : Identify the Central Candle : Look for a candle with a large body. Examine Adjacent Candles : The candles before and after this central candle should have long shadows, and their bodies must not overlap with the body of the central candle. Determine the FVG Range : The distance between the shadows of the first and third candles defines the FVG range. This method helps in accurately identifying the Fair Value Gap, which is crucial for understanding market inefficiencies and potential price movements. 🟣 Setup This setup is based on Market Structure and FVG. After a change of character and the formation of FVG in the last lag of the price movement, we are looking for trading positions in the price pullback. Bullish Setup : Bearish Setup : 🔵 How to Use After forming the setup, you can enter the trade using a pending order or after receiving confirmation. To increase the probability of success, you can adjust the pivot period market structure settings or modify the market movement coefficient in the formation leg of the FVG. Bullish Setup : Bearish Setup : 🔵 Setting Pivot Period of Market Structure Detector : This parameter allows you to configure the zigzag period based on pivots. Adjusting this helps in accurately detecting order blocks. Show major Bullish ChoCh Lines : You can toggle the visibility of the Demand Main Zone and "ChoCh" Origin, and customize their color as needed. Show major Bearish ChoCh Lines : Similar to the Demand Main Zone, you can control the visibility and color of the Supply Main Zone and "ChoCh" Origin. FVG Detector Multiplier Factor : This feature lets you adjust the size of the moves forming the Fair Value Gaps (FVGs) using the Average True Range (ATR). The default value is 1, suitable for identifying most setups. Adjust this value based on the specific symbol and market for optimal results. FVG Validity Period : This parameter defines the validity period of an FVG in terms of the number of candles. By default, an FVG remains valid for up to 15 candles, but you can adjust this period as needed. Mitigation Level FVG : This setting establishes the basic level of an FVG. When the price reaches this level, the FVG is considered mitigated. Level in Low-Risk Zone : This feature aims to reduce risk by dividing the FVG into two equal areas: "Premium" (upper area) and "Discount" (lower area). For lower risk, ensure that "Demand FVG" is in the "Discount" area and "Supply FVG" in the "Premium" area. This feature is off by default. Show or Hide : Given the potential abundance of setups, displaying all on the chart can be overwhelming. By default, only the last setup is shown, but you can enable the option to view all setups. Alert Settings : On / Off : Toggle alerts on or off. Message Frequency : Determine how often alerts are triggered. Options include : "All" (alerts every time the function is called) "Once Per Bar" (alerts only on the first call within the bar) "Once Per Bar Close" (alerts only at the last script execution of the real-time bar upon closing) The default setting is "Once Per Bar". Show Alert Time by Time Zone : Set the alert time based on your preferred time zone, such as "UTC-4" for New York time. The default is "UTC". Display More Info : Optionally show additional details like the price range of the order blocks and the date, hour, and minute in the alert message. Set this to "Off" if you prefer not to receive this information.
Pine Script® indicator
by TFlab
9
Fair Value Gaps (Volumetric) | Flux Charts💎 GENERAL OVERVIEW Introducing a brand new Fair Value Gaps (FVG) indicator, now with Volumetric Zones! You can now see the total volume of FVG zones, as well as their bullish & bearish volume ratio. Features of the Volumetric FVG Indicator : Render Bullish / Bearish FVG Zones See Total Volume Of The FVG Zones See The Ratio Of Bullish / Bearish Bar Volume Of FVG Zones Combination Of Overlapping FVG Zones Variety Of Zone Detection/ Sensitivity / Filtering / Invalidation Settings High Customizability 🚩UNIQUENESS The ability to render the total volume of FVGs as well as bullish / bearish volume ratio is what sets this FVG indicator apart from others. Also the ability to combine overlapping FVG zones will result in cleaner charts for traders. ⚙️SETTINGS 1. General Configuration Zone Invalidation -> Select between Wick & Close price for FVG Zone Invalidation. Zone Filtering -> With "Average Range" selected, algorithm will find FVG zones in comparison with average range of last bars in the chart. With the "Volume Threshold" option, you may select a Volume Threshold % to spot FVGs with a larger total volume than average. FVG Detection -> With the "Same Type" option, all 3 bars that formed the FVG should be the same type. (Bullish / Bearish). If the "All" option is selected, bar types may vary between Bullish / Bearish. Detection Sensitivity -> You may select between Low, Normal or High FVG detection sensitivity. This will essentially determine the size of the spotted FVGs, with lower sensitivities resulting in spotting bigger FVGs, and higher sensitivities resulting in spotting all sizes of FVGs. Show Historic Zones -> If this option is on, the indicator will render invalidated FVG zones as well as current FVG zones. For a cleaner look at current FVG zones which are not invalidated yet, you can turn this option off.
Pine Script® indicator
by fluxchart
28
Inversion GapsAn inverted fair value gap (FVG) occurs when candles start closing below a bullish FVG or above a bearish FVG and in this case, support FVGs become resistances and vice versa. This is a smart money concept introduced by ICT. While we a number of have indicators for FVGs, we don't have any for inversion FVGs. This indicator is just for that - it shows FVGs only after they're inverted. The meat of it comes from being able to plot HTF inverted FVGs in LTF. In the above BTC chart, you can see M15 inverted FVGs plotted on M1 chart and you can see price respecting them. Mitigations can also be shown as lines (as you can see in the chart). You can also setup alerts for formation and mitigation of such inversion FVGs.
Pine Script® indicator
by waffles_btc
7
Spinn GAPs offIf you need to see the price movement without gaps, especially on very small timeframes, this simple indicator will help you with this. It uses the closing price of the previous candle as the opening price of the current one. For its correct operation, you need to disable the display of candles in settings. -- Если вам нужно увидеть ход цены без учета ГЭПов, особенно на очень мелких таймфреймах, этот простой индикатор поможет вам в этом. Он использует цену закрытия предыдущей свечи в качестве цены открытия текущей. Для его корректной работы нужно отключить отображение свечей стандартными средствами.
Pine Script® indicator
by Spinn29
Extreme Bars"Extreme Bars" is a simple but useful indicator that marks overbought and oversold candles. This indicator paints candles that fall far above the average red, and the candles that rise above the average green. Of course, they can change these colors if they want. "Extreme Bars" can be interpreted in many different ways. The starting points of colored candles can often be good support or resistance. In addition, it would be wise to close the positions opposite the colored candles and to maintain the positions compatible with the colored candles. It is also possible that the gaps formed by the colored candles will be closed in the future. The sensitivity of the indicator can be changed in the settings section.
Pine Script® indicator
by faytterro
4
GAP Bands"" Introduction Gap trading is a simple and disciplined approach to buying and shorting stocks. Essentially, one finds stocks that have a price gap from the previous close, then watches the first hour of trading to identify the trading range. Rising above that range signals a buy, while falling below it signals a short. What is a Gap? A gap is a change in price levels between the close and open of two consecutive days. Although most technical analysis manuals define the four types of gap patterns as Common, Breakaway, Continuation and Exhaustion, those labels are applied after the chart pattern is established. That is, the difference between any one type of gap from another is only distinguishable after the stock continues up or down in some fashion. Although those classifications are useful for a longer-term understanding of how a particular stock or sector reacts, they offer little guidance for trading.""" (Definition from StockCharts) I plot gaps and add a band to them with volatility to make a decision about how important the current gap in terms of our price movement.
Pine Script® indicator
by ridvansozen1
Candlestick Patterns + windows Mod by BoernererMy modifications for the candlestick pattern script by Robert Waddell. Changelog - Added window (= gaps) detection - Added Bear/Bull Sash - Modified candlestick ID code - Candlesticks will only be displayed if above or below TLine Originally created by Robert Waddell with special thanks to repo32 for his candlestick ID code, DavidR for EMA code and Chris Moody for barcolor code. Enjoy and would love if you improve it further!
Pine Script® indicator
by Boernerer
ICT MTF FVG BPR Toolkit [D4A}The ICT MTF FVG BPR Toolkit encompasses the following 5 components: - Fair Value Gaps - current timeframe - Fair Value Gaps - higher timeframe - BPR - Balanced Price Range - Long Wicks - which are considered to be gaps by ICT - Immediate Rebalance - it leaves no gaps, but is as important in assessing current workflow This is advanced Fair Value Gaps script that uses trading methodology taught by ICT trader. To use it effectively it requires at least some basic knowledge of Smart Money Concepts (SMC) as outlined in ICT's lectures found on YT. I may publish another SMC related scripts in future if this kind of tool is useful to anybody. The idea behind this work, is to have all the necessary tools related to Fair Value Gaps in one script that is easy to use (requires SMC knowledge), fully customizable and will keep the chart as clutter free as possible. Since, I could not find a ready-made script which would tick all my requirements, I created this new script, partially by borrowing some ideas and code from existing open source projects that I liked. Rather than re-inventing the wheel, I focused on adopting and improving existing solutions and have them work together in one tool that could present the information accurately and in a polished way, where the trader can customize almost everything. Full credit goes to other coders, who tackled this subject before me, but particularly to: QuantVue LuxAlgo pmk07 The script have these unique features: - Can present FVGs from up to 3 different timeframes at any given interval - The amount and interval of higher timeframe FVGs is fully customizable - FVGs can be displayed based on size - Volume Imbalance can be included as part of FVG (as recommended by ICT) - Higher timeframe FVGs can have quadrants displayed along with C.E. (based on ATR filter) - Both current and higher timeframe FVGs can be displayed in different ways depending on price interactions - BPR which works on current timeframe only - Long Wick detection logic has been slightly changed from the original LuxAlgo code - Immediate Rebalance code has been simplified and re-focused on clarity ----------------- Disclaimer The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Pine Script® indicator
by dub4art
SMC Academy [PhenLabs]📊 SMC Academy Version: PineScript™ v6 📌 Description The SMC Academy indicator is a comprehensive educational tool designed to demystify Smart Money Concepts (SMC) for traders of all levels. Unlike standard indicators that simply print signals, this script uses a “Learning Phase” system that allows users to toggle between individual concepts—such as Market Structure, Liquidity, Imbalances, and Order Blocks—or view them all simultaneously. It lets you focus on one piece of the puzzle at a time. 🚀 Points of Innovation Progressive Learning Modes: Toggle between 5 distinct phases to master concepts individually before using the Full Strategy Mode. Educational Tooltips: Hover over labels to read detailed explanations of why a BOS, MSS, or Liquidity zone was identified. Smart Filtering: Uses ATR and Volume integration to filter out low-quality Fair Value Gaps and weak Order Blocks. HTF Dashboard: A built-in panel analyzes Higher Timeframe (4H) data to ensure you are trading in alignment with the broader trend. 🔧 Core Components Market Structure Engine: Automatically detects Swing Highs and Lows to map out market direction using configurable swing lengths. Liquidity Manager: Identifies unmitigated swing points that serve as Buy-Side (BSL) and Sell-Side (SSL) liquidity magnets. Imbalance Detector: Highlights Fair Value Gaps (FVG) where price inefficiencies exist, using ATR thresholds to ignore noise. Order Block Identifier: Locates the specific candles responsible for structure breaks, validated by volume analysis. 🔥 Key Features Break of Structure (BOS): Automatically marks trend continuation signals with solid lines and color-coded labels. Market Structure Shift (MSS): Identifies potential trend reversals when significant swing points are breached. Dashboard Context: Displays the current trend direction and the 4H context directly on your chart. Custom Alerts: Built-in alert conditions for structure breaks and new Order Blocks allow for automated tracking. 🎨 Visualization Structure Lines: Solid lines indicate confirmed breaks (Green for Bullish, Red for Bearish). Liquidity Zones: Dotted lines extending rightward indicate resting liquidity levels that price may target. FVG Boxes: Shaded boxes highlight imbalance zones, automatically extending for a user-defined number of bars. Dashboard: A clean, non-intrusive table in the top-right corner displays trend status and active mode. 📖 Usage Guidelines Setting Categories Learning Mode: Select from ‘1. Market Structure’ through ‘5. Full Strategy Mode’ to filter what appears on the chart. Swing Detection Length: Default (5). Determines the sensitivity of the swing high/low detection. Structure Break Type: Options (Close/Wick). Choose whether a candle close or just a wick is required to confirm a break. Min FVG Size: Default (0.5 ATR). Filters out gaps smaller than this multiplier to reduce noise. Filter Weak OBs by Volume: Default (True). Only highlights Order Blocks where volume exceeds the 20-period average. ✅ Best Use Cases Educational Study: Isolate “Phase 1: Market Structure” to practice identifying trend changes without distraction. Trend Following: Use “Phase 3: Imbalances” to find entry points within an established trend. Reversal Trading: Combine “Phase 2: Liquidity” and “Phase 4: Order Blocks” to catch reversals at key levels. ⚠️ Limitations Subjectivity: Market structure can be interpreted differently depending on the swing length settings used. Ranging Markets: Like all trend-following concepts, false BOS/MSS signals may generate during choppy, sideways price action. Repainting: While the signals are non-repainting once confirmed, the live candle may flash a signal before the close if “Close” mode is selected. 💡 What Makes This Unique Interactive Learning: The inclusion of tooltip explanations transforms this from a simple tool into an active mentor. Phase-Based Workflow: The ability to strip the chart back to basics at the click of a button is unique to the PhenLabs ecosystem. 🔬 How It Works Swing Analysis: The script calculates pivot highs and lows based on your length input to define the structural landscape. Break Validation: It checks if price crosses these pivot points to trigger BOS (Continuation) or MSS (Reversal) logic. Volume Confirmation: For Order Blocks, it looks back inside the swing leg to find the specific candle responsible for the move, verifying it has significant volume. 💡 Note: For the best experience, start in Phase 1 to calibrate your Swing Detection Length to the specific volatility of the asset you are trading before enabling Full Strategy Mode.
Pine Script® indicator
by PhenLabs
Fair Value Gap Signals [Kodexius]Fair Value Gap Signals is an advanced market structure tool that automatically detects and tracks Fair Value Gaps (FVGs), evaluates the quality of each gap, and highlights high value reaction zones with visual metrics and signal markers. The script is designed for traders who focus on liquidity concepts, order flow and mean reversion. It goes beyond basic FVG plotting by continuously monitoring how price interacts with each gap and by quantifying three key aspects of each zone: -Entry velocity inside the gap -Volume absorption during tests -Structural integrity and depth of penetration The result is a dynamic, information rich visualization of which gaps are being respected, which are being absorbed, and where potential reversals or continuations are most likely to occur. All visual elements are configurable, including the maximum number of visible gaps per direction, mitigation method (close or wick) and an ATR based filter to ignore insignificant gaps in low volatility environments. 🔹 Features 🔸 Automated Fair Value Gap Detection The script detects both bullish and bearish FVGs based on classic three candle logic: Bullish FVG: current low is strictly above the high from two bars ago Bearish FVG: current high is strictly below the low from two bars ago 🔸 ATR Based Gap Filter To avoid clutter and low quality signals, the script can ignore very small gaps using an ATR based filter. 🔸Per Gap State Machine and Lifecycle Each gap is tracked with an internal status: Fresh: gap has just formed and has not been tested Testing: price is currently trading inside the gap Tested: gap was tested and left, waiting for a potential new test Rejected: price entered the gap and then rejected away from it Filled: gap is considered fully mitigated and no longer active This state machine allows the script to distinguish between simple touches, multiple tests and meaningful reversals, and to trigger different alerts accordingly. 🔸 Visual Ranking of Gaps by Metrics For each active gap, three additional horizontal rank bars are drawn on top of the gap area: Rank 1 (Vel): maximum entry velocity inside the gap Rank 2 (Vol): relative test volume compared to average volume Rank 3 (Dpt): remaining safety of the gap based on maximum penetration depth These rank bars extend horizontally from the creation bar, and their length is a visual score between 0 and 1, scaled to the age of the gap. Longer bars represent stronger or more favorable conditions. 🔸Signals and Rejection Markers When a gap shows signs of rejection (price enters the gap and then closes away from it with sufficient activity), the script can print a signal label at the reaction point. These markers summarize the internal metrics of the gap using a tooltip: -Velocity percentage -Volume percentage -Safety score -Number of tests 🔸 Flexible Mitigation Logic (Close or Wick) You can choose how mitigation is defined via the Mitigation Method input: Close: the gap is considered filled only when the closing price crosses the gap boundary Wick: a full fill is detected as soon as any wick crosses the gap boundary 🔸 Alert Conditions -New FVG formed -Price entering a gap (testing) -Gap fully filled and invalidated -Rejection signal generated 🔹Calculations This section summarizes the main calculations used under the hood. Only the core logic is covered. 1. ATR Filter and Gap Size The script uses a configurable ATR length to filter out small gaps. First the ATR is computed: float atrVal = ta.atr(atrLength) Gap size for both directions is then measured: float gapSizeBull = low - high float gapSizeBear = low - high If useAtrFilter is enabled, gaps smaller than atrVal are ignored. This ties the minimum gap size to the current volatility regime. 2. Fair Value Gap Detection The basic FVG conditions use a three bar structure: bool fvgBull = low > high bool fvgBear = high < low For bullish gaps the script stores: -top as low of the current bar -bottom as high For bearish gaps: -top as high of the current bar -bottom as low This defines the price range that is considered the imbalance area. 3. Depth and Safety Score Depth measures how far price has penetrated into the gap since its creation. For each bar, the script computes a currentDepth and updates the maximum depth: float currentDepth = 0.0 if g.isBullish if l < g.top currentDepth := g.top - l else if h > g.bottom currentDepth := h - g.bottom if currentDepth > g.maxDepth g.maxDepth := currentDepth The safety score expresses how much of the gap remains intact: float depthRatio = g.maxDepth / gapSize float safetyScore = math.max(0.0, 1.0 - depthRatio) safetyScore near 1: gap is mostly untouched safetyScore near 0: gap is mostly or fully filled 4. Velocity Metric Velocity captures how aggressively price moves inside the gap. It is based on the body to range ratio of each bar that trades within the gap and rewards bars that move in the same direction as the gap: float barRange = h - l float bodyRatio = math.abs(close - open) / barRange float directionBonus = 0.0 if g.isBullish and close > open directionBonus := 0.2 else if not g.isBullish and close < open directionBonus := 0.2 float currentVelocity = math.min(bodyRatio + directionBonus, 1.0) The gap keeps track of the strongest observed value: if currentVelocity > g.maxVelocity g.maxVelocity := currentVelocity This maximum is later used as velScore when building the velocity rank bar. 5. Volume Accumulation and Volume Score While price is trading inside a gap, the script accumulates the traded volume: if isInside g.testVolume += volume It also keeps track of the number of tests and the volume at the start of the first test: if g.status == "Fresh" g.status := "Testing" g.testCount := 1 g.testStartVolume := volume An average volume is computed using a 20 period SMA: float volAvg = ta.sma(volume, 20) The expected volume is approximated as: float expectedVol = volAvg * math.max(1, (bar_index - g.index) / 2) The volume score is then: float volScore = math.min(g.testVolume / expectedVol, 1.0) This produces a normalized 0 to 1 metric that shows whether the gap has attracted more or less volume than expected over its lifetime. 6. Rank Bar Scaling All three scores are projected visually along the time axis as horizontal bars. The script uses the age of the gap in bars as the maximum width: float maxWidth = math.max(bar_index - g.index, 1) Then each metric is mapped to a bar length: int len1 = int(math.max(1, maxWidth * velScore)) g.rankBox1.set_right(g.index + len1) int len2 = int(math.max(1, maxWidth * volScore)) g.rankBox2.set_right(g.index + len2) int len3 = int(math.max(1, maxWidth * safetyScore)) g.rankBox3.set_right(g.index + len3) This creates an intuitive visual representation where stronger metrics produce longer rank bars, making it easy to quickly compare the relative quality of multiple FVGs on the chart.
Pine Script® indicator
by Kodexius
ICT Killzones Toolkit [LuxAlgo]The ICT Killzones Toolkit is a comprehensive set of tools designed to assist traders in identifying key trading zones and patterns within the market. The ICT Killzones Toolkit includes the following Price Action components: ICT Killzones with Pivot Highs/Lows Order Blocks Breaker Blocks Fair Value Gaps Market Structure Shifts By combining these components, the ICT Killzones Toolkit provides traders with a comprehensive framework for analyzing the market and identifying setups of interest. Leveraging these tools effectively can enhance traders' decision-making process and improve killzones interpretability. 🔶 USAGE In forex/futures trading, timing is crucial. ICT Killzone are specific periods when there's a higher chance of finding setups of interest. Mastering these time intervals can offer significant advantages to traders who know how to use them effectively. The image above highlights a potential setup of interest when using the ICT Killzones Toolkit. As another example for utilizing the ICT Killzones Toolkit, we can see in the image above when price retests setups generated from killzones such as Order Blocks or Fair Value Gaps, a potential strategy could be to look for entries on those & take profits as the next killzone appears. 🔹 Order Blocks Order Blocks are sections on a price chart where notable buying or selling activity has occured, often signaling interest zones for institutional traders. This toolkit's Order Blocks component pinpoints these areas within the Killzone, which may act as potential support or resistance levels. 🔹 Breaker Blocks Breaker Blocks are zones built from mitigated order blocks, and highlight zones on the chart where price has previously stalled or reversed. These areas may act as significant barriers to price movement in the future, and the Breaker Blocks component helps traders identify them for potential trading opportunities. 🔹 Fair Value Gaps Fair value gaps are especially favored by price action traders and arise from market inefficiencies or imbalances, typically when buying and selling are unequal. These gaps often attract price movement before resuming in the same direction. the Fair Value Gaps component of the toolkit helps traders identify and analyze them. 🔹 Market Structure Shifts Market Structure Shifts refer to significant changes in the overall structure of the market, such as shifts in trend direction, volatility, or trading activity. These shifts can provide valuable insights into market sentiment and potential trading opportunities, and the Market Structure Shifts component helps traders identify and interpret them. Overall, the ICT Killzone Toolkit combines these components to provide traders with a comprehensive framework for analyzing the markets and identifying high-probability trading setups. 🔶 SETTINGS 🔹 ICT Killzones Asian, London Open, New York, and London Close: toggles the visibility of specific Killzones, allowing users to customize time periods and Killzone colors. Killzone Lines : Top/Bottom, Mean and Extend Top/Bottom: toggles the visibility of the Killzone's pivot high and low lines, mean (average) line, and allows users to extend the pivot lines. Killzone Labels: Toggles the visibility of the Killzone labels. Display Killzones within Timeframes Up To: Toggles the visibility of the Killzones up to selected Timeframes. Open Price, Separator, Label, and Color: toggles the visibility of the open price of the Killzones or for the day, week, or month. If the day, week, or month is selected, a separator will be displayed to highlight the beginning of each respective period. Additionally, users can customize the color and toggle the label as needed. 🔹 Order Blocks & Breaker Blocks Order Blocks | Breaker Blocks: toggles the visibility of the order blocks & breaker blocks. Swing Detection Length: lookback period used for the detection of the swing points used to create order blocks & breaker blocks. Mitigation Price: allows users to select between closing price or wick of the candle. Use Candle Body in Detection: allows users to use candle bodies as order block areas instead of the full candle range. Remove Mitigated Order Blocks & Breaker Blocks: toggles the visibility of the mitigated order blocks & breaker blocks. Extend Order Blocks & Breaker Blocks: enables processing of the order blocks & breaker blocks beyond the boundaries of the killzones. Display Order Blocks & Breaker Blocks: enables the display of the first, last, or all occurrences of the order blocks & breaker blocks. Order Blocks : Bullish, Bearish Color: color customization option for order blocks. Breaker Blocks : Bullish, Bearish Color: color customization option for breaker blocks. Show Order Blocks & Breaker Blocks Text: toggles the visibility of the order blocks & breaker blocks labels. 🔹 Market Structure Shifts Market Structure Shifts: toggles the visibility of the market structure shifts. Detection Length: market structure shift detection length. Display Market Structure Shifts: enables the display of the first, last, or all occurrences of the market structure shifts. Market Structure Shifts : Bullish, Bearish Color: color custumization option for market structure shifts. Show Market Structure Shifts Text: toggles the visibility of the market structure shifts labels. 🔹 Fair Value Gaps Fair Value Gaps: toggles the visibility of the fair value gaps. Fair Value Gap Width Filter: filtering threshold wile detecting fair value gaps. Remove Mitigated Fair Value Gaps: removes mitigated fair value gaps. Extend Fair Value Gaps: enables processing of the fair value gaps beyond the boundaries of the killzones. Display Fair Value Gaps: enables the display of the first, last, or all occurrences of the fair value gaps. Bullish Imbalance Color: color customization option. Bearish Imbalance Color: color customization option. Show Fair Value Gaps Text: toggles the visibility of the fair value gaps labels. 🔶 RELATED SCRIPTS Smart-Money-Concepts Order-Blocks-Breaker-Blocks Thanks to our community for recommending this script. For more conceptual scripts and related content, we welcome you to explore by visiting >>> LuxAlgo-Scripts .
Pine Script® indicator
by LuxAlgo
56
无敌大饺子缺口Indicator Name:Dumpling Price Action Gaps (Price Action Gaps) Type: Price Action Indicator / Technical Analysis Tool Applicable Markets: Stocks, Futures, Forex, Cryptocurrencies, and other charting markets Timeframe: Any timeframe; supports multi-timeframe EMA smoothing Indicator Overview This indicator is a visual analysis tool based on Price Action and Fair Value Gaps (FVGs). It automatically identifies bullish and bearish gaps in the market, helping traders spot potential support and resistance areas, gap fill opportunities, and market sentiment turning points. By combining EMA (Exponential Moving Average) and ATR (Average True Range) filtering, the indicator clearly plots on the chart: Bullish Gaps: Highlight rapid upward price gaps. Bearish Gaps: Highlight rapid downward price gaps. Mitigation Zones: Mark areas where gaps are likely to be filled, assisting in judging potential price retracements. Historical Gaps: Optionally display past gaps for multi-timeframe analysis. Smoothed EMA20: Provides both current and multi-timeframe trend references to make gap analysis more reliable. Key Features Intelligent Gap Detection: Automatically identifies gap types by comparing the high and low of the current bar with the previous two bars. Fair Value Filtering: Uses ATR to filter out insignificant gaps, reducing noise. Visual Gap Fill Percentage: Displays the percentage of gap fill, helping traders gauge the strength of retracement. Multi-Timeframe Smoothing: Supports current and 5-minute smoothed EMA to capture short-term trend impacts. Flexible Across Timeframes: Suitable for intraday or swing trading strategies. Use Cases Support/Resistance Identification: Gap tops and bottoms can act as potential support or resistance levels. Trend Continuation Confirmation: If price breaks through a gap without filling it, the trend is likely to continue. Retracement Strategy: Gap fill zones can serve as potential entry or exit points for short-term trades. Risk Management: Historical gaps help identify high-risk zones, optimizing stop-loss placement. 中文： 指标介绍 指标名称：无敌大饺子价格行为缺口（Dumpling Price Action Gaps） 类型：价格行为指标 / 技术分析工具 适用市场：股票、期货、外汇、加密货币等各类K线图市场 周期适用：任意时间周期，指标支持跨周期 EMA 平滑显示 功能概述 是一种基于价格行为（Price Action）和公允价值缺口（Fair Value Gap, FVG）的可视化分析工具。它通过自动识别市场中的看涨和看跌缺口，帮助交易者发现潜在的支撑与阻力区域、回补机会以及市场情绪转折点。 该指标结合了 EMA（指数移动平均）和 ATR（平均真实波幅）过滤，能够在图表上清晰绘制出： 看涨缺口（Bullish Gap）：显示市场快速上涨形成的价格缺口。 看跌缺口（Bearish Gap）：显示市场快速下跌形成的价格缺口。 回补区域（Mitigation Zone）：标记缺口可能被回补的区域，辅助判断价格回调的概率。 历史缺口（Historical Gaps）：可选择显示历史上形成的缺口，便于进行多周期分析。 平滑 EMA20（Smoothed EMA20）：提供当前周期和跨周期的趋势参考，使缺口分析更加可靠。 核心特点 智能缺口识别：通过比较当前 K 线与前两根 K 线的高低价，自动判断缺口类型。 公允价值过滤：结合 ATR 值过滤掉微小缺口，避免噪音干扰。 可视化百分比显示：支持显示缺口回补的百分比，让交易者直观判断回补强弱。 跨周期平滑：可显示当前周期和平滑 5 分钟 EMA，帮助捕捉短期趋势与缺口冲击。 多周期适用：支持不同时间周期图表，可灵活应用于日内交易或波段策略。 使用场景 支撑/阻力判断：缺口上沿和下沿可以作为潜在支撑或阻力区域。 趋势延续确认：价格突破缺口并未回补时，表明趋势可能继续延续。 回调策略：当价格回补缺口至回补区域时，可作为短线交易的进出参考。 风险管理：历史缺口帮助交易者识别潜在高风险区域，优化止损设置。
Pine Script® indicator
by HedgeDumpling
2