Value Gap
- Indicators
- Arkadii Zagorulko
- Version: 1.0
Value Gap – a smart tool based on the Fair Value Gap strategy.
How it works:
The indicator continuously analyzes recent price movements, identifying zones where buyers and sellers left an imbalance (Fair Value Gap). When such a gap is detected, it is marked on the chart as a clear level, allowing the trader to visually spot potential price reaction zones.
After that, the tool monitors subsequent market movement. If the price returns and fills the gap within the allowed time, a signal is automatically generated, indicating a possible entry point.
You can filter signals using Gap Threshold (%) to capture only significant gaps, and use Max Bars to Touch to control how long the level remains valid on the chart.
Clean visualization and various types of alerts (on-screen, mobile PUSH, e-mail) allow the trader to focus on real trading opportunities instead of market noise. The indicator can be used on its own or in combination with your strategy to quickly detect zones where price is highly likely to react, increasing the accuracy of trading decisions.
