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Fair Value Gaps (FVG) are areas of supply/demand imbalance around a price area due to rapid price movement caused by bullish or bearish pressure outweighing the market reaction. The areas are identified by a space or gap in-between 3 consecutive candles. These areas can serve as a good support / resistance zone for trend re-entry especially when combined with market structure, liquidity analysis and trend direction.

The fair value gap trader is a tool that helps traders catch trade entry signals around fair value gap zones. This indicator identifies fair value gaps on a chart and generates signals on the rejection or retracements around the identified zones.


Features 

  • Non Repaint : All signals are non-repaint and non-backpaint 
  • Timeframe Flexibility (Top-To-Bottom Analysis) : Users can select the timeframe to display the fair value gap for. This will aid top-to-bottom analysis.


Input Options 

  • History : Candles to scan
  • FVG TF : Fair Value Gap Timeframe 
  • Minimum FVG (pips) : Minimum Fair Value Gap space in pips.
  • Maximum FVG (pips) : Maximum Fair Value Gap Space in pips.



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