Indicators: Fair Value Gaps

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Fair Value Gaps:

Non-repainting fair value gaps on closed bars, with zone states (active, touched, mitigated) and iCustom buffers for EAs.

Fair Value Gaps

Author: Vira Ohloblia

How us it
Fixer Kenney #:
How us it
Just drop it on any chart. It marks gaps on closed bars: green boxes are bullish, red are bearish, and grey ones are already filled. Price often comes back to an open gap, so many traders watch them as pullback zones. In the inputs you can set a minimum gap size (in points or ATR) to skip tiny gaps, and choose when a gap counts as filled. For an EA, read it with iCustom: buffer 0 is the state, 1 the top, 2 the bottom and 3 the direction.
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