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Trading product for FairValueGapScanner Lite Indicator Fair Value Gap Key Levels, image 1
FairValueGapScanner Lite
Indicator
8 downloads
Version 1.0, Jun 2026
Windows, Mac
Trading product for FairValueGapScanner Lite Indicator Fair Value Gap Key Levels, image 2
Since 17/01/2026
64
Free installs

Description

FVG Scanner Lite gives you automatic Fair Value Gap detection on the H4 and D1 timeframes — completely free. Attach it to any chart and instantly see where institutional imbalance zones exist at the two most widely traded timeframes.


What is a Fair Value Gap?

A Fair Value Gap (FVG) forms when three consecutive candles leave a price void due to aggressive institutional buying or selling. Price often returns to these zones before continuing its trend, making them high-probability areas of interest for ICT and Smart Money Concepts (SMC) traders.


What you get in the free version

– Automatic FVG detection on H4 and D1

– Bullish FVGs marked in green, bearish FVGs in red

– Up to 3 unfilled zones shown per timeframe

– Optional chart labels showing timeframe and direction

– Lightweight — runs only on the last bar, no performance impact


How to read the zones

Green rectangle: a bullish Fair Value Gap — price gapped upward through this area. Watch for a retracement back into the zone as a potential long entry area.

Red rectangle: a bearish Fair Value Gap — price gapped downward. A retracement up into the zone may present a short opportunity.

Zones that have already been filled (price closed through them) are removed automatically so the chart stays clean.


Lite limitations

To keep this version free, the following features are restricted:

– Only H4 and D1 timeframes are available (M1, M5, M15, M30, H1 and W1 are locked)

– Maximum 3 FVGs shown per timeframe

– Filled zones are not displayed

– Zone colors are fixed and cannot be customised

– Zones do not extend to the right edge of the chart

– No minimum pip size filter

– No live dashboard

– No Buy/Sell trade setup zones with entry, stop and target


Upgrade to Pro

FVG Scanner Pro unlocks all 8 timeframes, up to 50 FVGs per timeframe, filled zone tracking, a fully customisable color scheme, an on-chart live dashboard with market bias and per-timeframe statistics, and the Buy/Sell Zone engine that automatically plots entry, stop loss and take profit levels derived from each qualifying FVG.


Important notes

This indicator is a technical analysis tool only. It does not constitute financial advice. Always apply proper risk management. Past performance of identified FVG zones does not guarantee future results.

Summary

AI summary
FairValueGapScanner Lite is a technical indicator designed for automatic detection of Fair Value Gaps (FVG) on H4 and D1 timeframes. It identifies unfilled bullish and bearish FVG zones—price areas created by three consecutive candles that leave a gap due to strong institutional buying or selling activity. These zones are marked directly on the chart, with bullish gaps shown in green and bearish gaps in red, helping traders recognize potential retracement areas for long or short entries.

The indicator displays up to three unfilled FVG zones per timeframe and removes zones once they are filled to maintain chart clarity. It operates efficiently by running calculations only on the latest bar, minimizing performance impact. Optional labels indicate the timeframe and gap direction.

This Lite version is limited to H4 and D1 timeframes, fixed zone colors, and does not extend zones to the chart’s right edge. It excludes features such as multiple timeframe support, filled zone tracking, customizable colors, live dashboards, and automated trade setup zones.

FairValueGapScanner Lite serves as a tool for traders using Institutional Concepts and Smart Money Concepts to identify key imbalance levels in the market. It does not provide financial advice and should be used with appropriate risk management.
Indicator profile

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FAQ

Fair Value Gap
Key Levels
Liquidity Sweep
Imbalance
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

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Since 17/01/2026
64
Free installs