
LT_FairValueGap is a lightweight and powerful Fair Value Gap indicator designed for precision price action traders. It highlights institutional-style imbalance zones using a strict 3-bar logic and removes them once price revisits the gap — giving you clean, actionable zones for entries, exits, or confluence.
🔍 How It Works
- A Fair Value Gap (FVG) is identified when a strong middle candle (with large body) creates an imbalance between two adjacent candles.
- The gap is marked as a temporary support/resistance zone (SR).
- Once price returns and fills the gap, the zone no longer extended— ensuring charts remain uncluttered and relevant.
⚙️ Parameters
- NumFVG: Maximum number of FVG zones to show on chart.
- BodyFactor: Strength threshold for the middle bar (default:
2.0×
average body of the last 20 bars).
✅ Key Features
- Institutional-style gap detection (3-bar logic)
- Clean charting — zones stop extending once hit
- Adjustable sensitivity via BodyFactor
- Plug-and-play: minimal configuration
📌 Use Cases
- Identify institutional imbalances and reaction zones
- Use as entry confluence or invalidation marker
- Combine with swing structure or volume tools
Whether you're trading breakouts, mitigations, or reversals, LT_FairValueGap
helps you spot the true imbalance zones that matter — without the noise.
More from this author
cBot
atr
LT_RiskGuardian
Auto-manages SL, TP, and position size to enforce risk discipline. Never enter a trade without a plan again.
قد يعجبك أيضًا
مؤشر
scalping
Pivot Point Smart Money Concept
Transform your approach to trading with our innovative Pivot Point Indicator.
مؤشر
indices
CustomADX
Custom ADX Indicator for precise trend analysis. المؤشر المخصص ADX لتحليل الاتجاه بدقة
مؤشر
signal
[Stellar Strategies] Wave Trend Pro
Momentum oscillator identifying reversals using dual WaveTrend lines, histogram, and OB/OS levels with optional signals.