ICT Fair Value Gap [LM]Hello traders,
I would like to present you ICT Fair Value Gap script. The idea is the same as in my other script to look form imbalances. I have improved the previous script from teaching of ICT and created this script to train the eye to see those gaps. Shrinking option also shows if the gap has been already filled and also in case gap is filled you can get alert in case you will set it up .
The script has two settings:
general settings - definition of volatility condition for middle candle
box settings - setting for boxes, box colors, shrinking
I hope you enjoy it,
Lukas
Fairvaluegap
Makuchaku's Trade Tools - Fair Value GapsFair Value Gaps are a 3 candlesticks patterns, formed when the 3rd candle does not fully overlaps the 1st candle, leaving a gap in the 2nd candle.
muh gap! [FAIR VALUE GAP FINDER]Change the colors of the indicator to contrast your chart! Make sure to also change the transparency for the colors.
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This indicator finds fair value gaps which are inefficiencies in price delivery. Gaps can be used for entry or even bias.
I've included midpoints, lines, and boxes. Boxes have the greatest range with respect to historic PA so keep that in mind.
I will be updating this script in the future, potentially adding an MTF function, mitigation of gaps and alarms.
Let me know if you guys have any additional ideas.
Best,
P
Fair Value Gap / FVG - HTF Orderflow bias / trendCalculates Fair Value Gap (FVG) as a counter and plots it below price.
FVG Counter value resets to +ve or -ve once the FVG counter reverses direction.
Use this script to find a bias to trade with.
Best used on HTF (like 1W, 1D), so the bias can be transferred to LTF (like 4H, 1H).
If you end up using this script, please leave a comment below on how you used it. I can try to incorporate those ideas in an update.
Cheers!
