Fair Value Gap (Extended Version)

Detect and visualize Fair Value Gaps (FVGs) on your chart with clarity, context, precision, and enhanced Fibonacci analysis.

This is the extended version of the original Fair Value Gap indicator with additional features for advanced gap analysis and Fibonacci-based entries.

Perfect For

• Structural traders who base entries on liquidity imbalances
• Multi-timeframe analysts — identify HTF FVGs on LTF charts
• Mean-reversion seekers who trade gap fills
• Breakout traders who use gap age or status for confirmation
• Fibonacci traders looking for precise FVG entry levels

Key Features

• FVG Identification: Automatically finds bullish and bearish FVGs (unfilled, partially filled, and fully filled)
• Enhanced Age Display: Shows precise gap age in years, months, weeks, and days format (e.g., "3y 2w 4d")
• Status Tracking: Shows whether a gap is currently unfilled, partially filled, or fully filled
• Partial Fill Threshold: Control when partial fill becomes full fill (50-99%, default 90%)
• Show All FVGs: Set "FVG to Display" to -1 to display all historical FVGs without limit
• Extend Filled FVGs: Option to extend filled FVG boxes to the current bar for reference
• Fibonacci Levels: Automatic Fibonacci levels (23.6%, 38.2%, 50%, 61.8%, 78.6%) displayed on partial and filled FVGs
• Multi-Timeframe Mode: Option to scan a higher ("selected") timeframe even if you're on a lower timeframe chart
• Clean, Minimal UI: Labels are non-intrusive yet informative; designed to not clutter your pricing view

Use Cases

• Trade mitigation: Watch for price returning to unfilled FVGs for high-probability entries
• Fibonacci-based entries: Use 50%, 61.8%, or 78.6% levels within FVGs as precise entry zones
• Liquidity capture: Use gap age + status to assess whether institutional liquidity is still "hungry"
• Structure-based entries: Combine with swing highs/lows and BOS to zone in on imbalance areas
• Multi-timeframe confirmation: Confirm HTF FVGs while trading on LTF
• Gap fill analysis: Track partial fill percentage and extend filled gaps for reference

Why This Indicator Helps

Fair Value Gaps are a powerful but often underutilized tool in liquidity-based trading. With this extended detector, you get not just visual gap plotting — but real-time context with Fibonacci levels for precision entries. Knowing how old a gap is, whether it's been partially filled, its exact fill percentage threshold, and having automatic Fibonacci levels can significantly improve trade selection and timing.

The extended version adds Fibonacci analysis directly to your FVGs, eliminating the need to manually draw levels. Combined with the ability to view all historical gaps and extend filled gaps for reference, you gain complete visibility into gap behavior across your chart.

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Disclaimer

Trading involves risk. This indicator is intended for technical analysis only — always apply proper risk management and trade responsibly.

Free to Use

All indicators I publish on the cTrader Store are completely free to use. Coffee support accepted—my brain runs on it: tinyurl(dot)com/coffee-supply.

Feedback & Improvements

If you have suggestions, feature requests, or ideas for enhancement, please leave a comment in the Discussion tab. Your feedback helps improve the indicator for everyone.