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"Fair Value Gap Sessions" logo
5.0
03/09/2025
1657
Desktop
Since 03/10/2024
Sales
131
Free installs
26175
"Fair Value Gap Sessions" uploaded image"Fair Value Gap Sessions" uploaded image"Fair Value Gap Sessions" uploaded image

Pinescriptlabs Store indicators:                        Pinescriptlabs  Store cBots :  (cBot) Gold & BTC BreakoutSession Pivots(new)

PRICE ACTION  (New)

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Auto-Trend Channel


Volume POC Heatmap

 

PREMIUM SSL CHANNEL

Prediction Based on Linreg & ATR

 ICT Power of 3 
                                                   

SmartTrend Support &
Resistance
Lines
       

Fair Value Gap Sessions                
       
 

RSI Trend Trigger

Channel Breakout System

Supertrend

Market Imbalance

Adaptive Trend Channel 

Dynamic
Market Structure
Analysis
of
Turning
Points

Order Block

Fibonacci
Linear
Regression
Multi-timeframe

Dynamic RSI

Momentum Fair Value Gap

Market Flow Projection

Dynamic Trend Gradient

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Candle Bias
Tracker

Zig-Zag Extremity Tracker

Reactive Moving Average

Auto
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Lines

All
Support and
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Levels

Dynamic Range Momentum

Fair Value Gap Sessions 📊💰

The Fair Value Gap (FVG) indicator is a sophisticated trading tool designed to identify and highlight temporary market inefficiencies known as "fair value gaps" 🚨 within specific trading sessions. These gaps represent moments where market price moves rapidly ⚡, creating an imbalance between buyers and sellers.

Key Technical Mechanisms 🔧

Session-Based Architecture 🕒
• Implements a precise, configurable session-based analysis approach
• Allows traders to define custom session start times with UTC or local time zone support 🌍
• Creates a dynamic session boundary that resets and tracks market behavior 🔄

Fair Value Gap Detection Logic 🔎
• Uses advanced price action analysis across multiple consecutive price bars
• Identifies gaps by comparing:
o Consecutive bar high and low prices 📈📉
o Previous bar's closing price ✅
o Current bar's price structure 🔄

Gap Classification 🏷️
The indicator distinguishes between two primary gap types:

  1. Bullish Fair Value Gap 📈
    o Occurs when price jumps above previous high 🔺
    o Indicates potential upward market momentum 🚀
    o Signals possible buying pressure 💸
  2. Bearish Fair Value Gap 📉
    o Occurs when price drops below previous low 🔻
    o Suggests potential downward market momentum ⬇️
    o Signals possible selling pressure 🛑

Trading Applications 📱💼

Strategic Insights 💡
• Helps traders visualize market inefficiencies 🖼️
• Provides early warning of potential trend reversals ⚠️
• Offers precise entry and exit point identification 🎯

Risk Management Features 🛡️
• Color-coded visualization of gap states 🎨
• Tracks gap "mitigation" (when price returns to the gap zone) ↔️
• Allows customizable color settings for different market conditions 🎨

Technical Visualization 🎨

The indicator creates two primary visual elements:

  1. Gap Area Rectangle 🟩
    o Represents the price range of the identified gap 📐
    o Dynamically extends throughout the trading session ➡️
    o Changes color based on gap status (active/mitigated) 🟩➡️🟨
  2. Level Line 📏
    o Positioned at the midpoint of the gap ⚫
    o Helps traders quickly identify the gap's central price zone 📍
    o Uses different line styles to indicate gap state ➔

Practical Trading Strategies 📝

Entry Signal Strategies 🚦
• Use gap detection as a potential trend continuation signal 🔄
• Look for price returning to (mitigating) the gap as a confirmation ✅
• Combine with other technical indicators for robust decision-making 🤝

Risk Management Techniques 🛡️
• Set stop-loss near gap boundaries ⛔
• Use gap midpoint as potential support/resistance level 🪜
• Monitor gap mitigation as a potential trend reversal indicator ↔️⚠️

Configuration Flexibility ⚙️
• Customizable session start time ⏰
• Time zone configuration (UTC/Local) 🌍

By understanding and properly implementing the Fair Value Gap Sessions indicator, traders can gain deeper insights into market dynamics, identify potential trading opportunities, and make more informed decisions based on price action inefficiencies. 🧠📈


5.0
Reviews: 4
5
100 %
4
0 %
3
0 %
2
0 %
1
0 %
Customer reviews
July 23, 2025
July 14, 2025
Pros: Automatically identifies and extends FVG zones per session. Clean visualization, customizable session and display settings. Cons: No alerts or tooltips. Doesn’t save template settings. Requires confirmation for trading decisions.
May 13, 2025
April 14, 2025
I have just discovered this one and it looks like something that will minimize my daily work routine because I do all these to find areas of LIQUIDITY. Thanks Champ.
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