PROTECTED SOURCE SCRIPT
CT Traders Fair Value Gap
Fair Value Gaps (FVG)
Fair Value Gaps (FVG) highlight areas of imbalance between market participants and have become very popular among technical analysts.
The following script aims to display Fair Value Gaps, along with:
The percentage of gaps filled
The average duration (in bars) before gaps are filled
Users can receive alerts when an FVG is filled using the alerts built into this script.
🔶 USAGE
(image)
In practice, FVGs highlight areas of support (bullish FVG) and areas of resistance (bearish FVG).
Once a gap is filled, suggesting the end of the imbalance, a potential price reversal can be expected.
This approach is more contrarian in nature (against the trend).
Users who prefer a more trend-following approach can use the identification of FVGs as direct signals, entering:
Long positions when a bullish FVG is identified
Short positions when a bearish FVG is identifie
Fair Value Gaps (FVG) highlight areas of imbalance between market participants and have become very popular among technical analysts.
The following script aims to display Fair Value Gaps, along with:
The percentage of gaps filled
The average duration (in bars) before gaps are filled
Users can receive alerts when an FVG is filled using the alerts built into this script.
🔶 USAGE
(image)
In practice, FVGs highlight areas of support (bullish FVG) and areas of resistance (bearish FVG).
Once a gap is filled, suggesting the end of the imbalance, a potential price reversal can be expected.
This approach is more contrarian in nature (against the trend).
Users who prefer a more trend-following approach can use the identification of FVGs as direct signals, entering:
Long positions when a bullish FVG is identified
Short positions when a bearish FVG is identifie
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Script protegido
Esse script é publicada como código fechado. No entanto, você pode gerenciar suas escolhas de bate-papo. Por favor, abra suas Configurações do perfil
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.