TR FVG Finder 1.0

How it works

The Fair Value Gap Finder analyzes a three-candle pattern to identify price imbalances. For bullish FVGs, it checks when the high of the candle two bars back is below the low of the current candle. For bearish FVGs, it looks for situations where the low of the candle two bars back is above the high of the current candle.

The indicator automatically draws semi-transparent boxes highlighting these gaps, extending 15 candles to the right of the identified area. It uses color-coding with green for bullish and red for bearish FVGs to enhance visual clarity and quick identification of potential trading zones

Why it may be useful

The FVG Finder provides traders with a powerful tool to enhance technical analysis by identifying price imbalances automatically. It saves time by eliminating manual gap drawing and helps traders spot high-probability trading opportunities. The indicator reveals potential areas where price might return or react, which is crucial for understanding market dynamics.

It can be particularly valuable for traders following institutional trading concepts like Smart Money strategies. By highlighting these key zones, the indicator helps traders make more informed decisions about potential entries, exits, and market movements

When to explore it

This indicator works best on lower timeframes such as 15-minute or 1-hour charts, particularly in volatile markets like forex and cryptocurrency. It is most effective when combined with other technical analysis tools like support and resistance levels or volume indicators.

Traders can use it for various strategies including breakout, pullback, and reversal trading. It is especially useful for traders following Inner Circle Trader (ICT) concepts and price action analysis. The indicator provides valuable insights across different markets, including stocks, forex, crypto, and commodities like gold

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