AI Fair Value Gap Finder

AI Fair Value Gap Finder automatically detects and highlights Fair Value Gaps (FVG) - the price imbalances left behind when a candle's range fails to overlap with candles two bars away. These gaps are a core concept in smart-money and institutional order-flow trading, often acting as magnets that price returns to fill.

The indicator scans every new bar for bullish and bearish imbalances, draws a shaded rectangle over each gap, and can automatically change or remove the zone once price has filled it - keeping your chart clean and focused only on the imbalances that still matter.

Key features:

• Automatic detection of bullish and bearish Fair Value Gaps
• Distinct colors for bullish gaps, bearish gaps, and filled gaps
• Optional automatic removal of gaps once price has fully filled them
• Works on any symbol and timeframe - Forex, metals, indices, crypto
• Non-repainting zone drawing that updates in real time as new bars form
• Lightweight and simple to combine with your own price-action strategy
• No DLLs, no external dependencies - installs in seconds

Input parameters:

• Bullish Gap Color - color used for bullish (upward) imbalance zones (default Lime Green)
• Bearish Gap Color - color used for bearish (downward) imbalance zones (default Crimson)
• Filled Gap Color - color a zone changes to once it has been filled (default Gray)
• Remove Filled Gaps - automatically delete zones once fully filled instead of just recoloring them (default false)

Ideal for ICT-style, smart-money-concept, and institutional order-flow traders who use imbalance zones as entry, target, or confluence areas.

Need this tool customized for your own strategy, or an advanced version with extra filters and alerts? Send me a private message on MQL5 and I will reply with an estimate.