Fair Value Gap Plus

The Fair Value Gap (FVG) is a famous price action trading strategy. The concept may sound easy when explained; however, it requires a lot of experience to master. This indicator is a complete strategy that helps you identify the inefficiencies, or imbalances, in the market as well as mark the upper and lower limits of the gap for you.

What makes this indicator different is that you can use it to trade 

manually or to use it for automating your strategy and backtest it

The indicator comes with many options

1. Plot or hide bull/bear gaps 
2. Specify the number of "Last" FVGs to plot
3. Show Bull/Bear Volume Profile at the FVG

Furthermore, you will find interesting transparent plots which can be used for automation, strategy building, or Market Analyzer

1- isFairValueGap: turn on "Value of 1" if the candle created the FVG

2- bullHi, bullLo : Contains the upper and lower prices for the bull FVG.

3- bearHi, bearLo: Contains the upper and lower prices for the bear FVG.

And much more!

See Screenshots

Version 1.2

• Supports calculation on Tick Change
• Remove Consecutive Filter
• Minor Addition >> New Plots were added (BullHiNext, BullLoNext, BearHiNext, BearLoNext) these plots shows the next unfulfilled FVG, to be used within Automated Strategies.

• Ability to adjust FVG transparency