Indicator
Signal
FairValueGap-PremiumVersion1
"FairValueGap-PremiumVersion1" logo
03/09/2025
5
Desktop
Since 19/04/2025
Traded volume
284.2M
Pips won
1.07M
Sales
5
Free installs
1188
"FairValueGap-PremiumVersion1" uploaded image"FairValueGap-PremiumVersion1" uploaded image"FairValueGap-PremiumVersion1" uploaded image"FairValueGap-PremiumVersion1" uploaded image"FairValueGap-PremiumVersion1" uploaded image"FairValueGap-PremiumVersion1" uploaded image"FairValueGap-PremiumVersion1" uploaded image"FairValueGap-PremiumVersion1" uploaded image

This Fair Value Gap (FVG) indicator is a technical analysis tool designed to detect price inefficiencies within financial markets. It identifies areas where price has surged or dropped rapidly, leaving behind a “gap” — a zone with little to no trading activity. These gaps often signal a temporary imbalance in supply and demand, suggesting that price may eventually return to “fill” the void as the market seeks balance. Typically, an FVG is recognized when a price candle closes significantly above the high or below the low of the previous candle without overlapping, indicating a potential reaction area. This behavior is often associated with institutional trading or algorithmic activity. While most versions of this indicator analyze imbalances on a single timeframe, the premium version adds versatility by detecting and displaying gaps from higher or lower timeframes directly on the current chart, providing deeper context for multi-timeframe analysis.


Settings Overview

  • Bars To Load: Specifies the number of historical bars to analyze, starting from the most recently completed one and moving backward.
  • Bullish FVG Color: Sets the color for FVGs that appear in an uptrend. A 30% transparency is applied so that elements behind the gap remain visible.
  • Bearish FVG Color: Sets the color for FVGs that appear in a downtrend, also with 30% transparency for better chart visibility.

Premium Features (Available in the Paid Version)

  • Delete Closed Gaps: A Boolean setting—when enabled ("yes"), it automatically removes all closed gaps; if disabled ("no"), the gaps remain visible. This is particularly useful on lower timeframes (under 20 minutes).
  • Edit/Remove Gaps: Allows traders to adjust or delete gaps manually. This gives experienced traders greater control, especially since very small gaps typically offer little influence on price movement.
  • Set Timeframe: Offers two options—use the current chart's timeframe or select a different one for analysis, while still displaying results on the main chart. This feature helps traders gain faster insights into probable market movements.
  • Selected Timeframe: Specifies the desired timeframe for analysis if "Selected Timeframe" is chosen in the setting above.
  • Small Gap Accuracy: Lets traders input a preferred gap size as an integer, helping them identify gaps that historically lead to favorable outcomes. The value is based on the entire dataset and gap sizes observed for the asset.

By default, the indicator scans all imbalances within a single timeframe. However, access to premium features through the FairValueGapPremium version can greatly enhance analytical capabilities.

More from this author
Top-rated
Free
FairValueGap
This Fair Value Gap (FVG) indicator is a technical analysis tool used to identify potential price imbalances.
Indicator
Indices
Stocks
Forex
+2
HorizontalSupportResistance
This extraordinary multi-timeframe support and resistance indicator is nothing short of market wizardry.
Top-rated
Free
BarSentiments
This Indicator is a technical analysis tool that measures the strength and direction of market sentiment
You may also like
TDI_Pro
Traders Dynamic Index (TDI) — Divergence Edition
session final
Comprehensive time session indicator
Indicator
Bollinger
E7 Indicators Free Overlays
Bollinger Band Cloud, Heiken Ashi, Trend Follower and Parabolic SAR.
Repiptor RSI Amplified
RSI Amplified
Indicator
XAUUSD
Commodities
FVG_tidypips
A Fair Value Gap (FVG) indicator that identifies potential price imbalances, potential reversal and continuation zones
ZigZagSmartAlert_demo
ZigZag Smart Alert DEMO for cTrader DEMO VERSION 24 hours free trial! This is a DEMO version of the ZigZag Smart Aler
SuperScalperBox
Super Scalper Box - Professional-Grade Trading Indicator
Indicator
Breakout
XAUUSD
Commodities
CursorByte.SupportResistance v3
Draws support and resistance on all pairs. Multi-timeframe support.
Multi Volume Profile
Advanced customizable volume-profile indicator with buy/sell levels, delta analysis, multi-TF support and vivid gradient
ictkillzonesfromnovem
ICT ALL KİLL ZONES, LONDON , ASİA, NY AM, NY LUNCH, NY PM
MTF Candles
Multi Timeframe Candle drawing. Draw Any candles from any timeframe on your chart :-)
Indicator
Indices
Breakout
Commodities
+3
Trend Lines Auto - FXMaster
Auto Trend Line Indicator for cTrader
Indicator
Signal
MACD
USDJPY
PulseTracker
Version 1.2: Advanced Trend Detection & Visualization System
Indicator
Breakout
Forex
Pivot Point Daily Indicator
Pivot Points Standard — All-in-One Multi-Timeframe Pivot Indicator for cTrader
Indicator
Grid
NAS100
NZDUSD
+16
AllPattern
🔍 Discover All Candlestick Patterns… Absolutely Free!
Indicator
Bollinger
Repiptor BB Width
Bollinger Bands Width
Weekly Daily Levels
The Weekly Daily Levels indicator shows the OHLC, and mid-point prices for the previous day and week.
IR Coral
Coral indicator