Download Fair Value Gaps

Discussion in 'Indicators' started by Stalker, 16 November 2023.

  1. Stalker

    Stalker Administrator
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    Fair Value Gaps

    Fair Value Gaps are ‘smart money’ footprints in the charts

    This ‘Smart Money’ indicator will highlight fair value gaps (FVG) on MT4 charts. It will point out where price has pulled away quickly from an order block and left a market imbalance/inefficiency, and alerts to popup, push & email.

    • Displays both bullish and bearish FVG (Fair Value Gaps)
    • Option to display only bullish or bearish FVG
    • Option to set a minimum size for highlighted FVG
    • FVG highlight lines change when a FVG has been mitigated
    • Adjust how many candles to look back for FVG
    • Adjust the length of the FVG highlight lines
    • Alert Delay – enter a number (of candles) from the highlighted FVG to delay the alert
    • Alerts to Popup, Push & Email
    fair-value-gaps.png

    Fair Value Gaps MT4 Indicator


    inputfvg.png

    • === FVG Settings ===
    • Display FVG Option Allows you to display:
      • Both Bullish and Bearish FVG
      • Bullish FVG only
      • Bearish FVG only
      • Hide all FVG
    • Minimum FVG size in Points – Select a minimum size (in Points) to highlight a FVG (0 = all)
    • Bullish FVG Zone Color – Select a color of your choice
    • Bearish FVG Zone Color – Select a color of your choice
    • FVG Area length – If set to 0 (zero) the FVG lines will extend all the way to the current candle. If any other number is used the fair value gap lines will extend that amount of candles to the right of the FVG
    • Lines Style – Select the style of the FVG lines (solid, dot, etc)
    • Look-back Candle Count – Set the amount of candles that the indicator will look back to highlight FVG’s
    • Show Look-back Line – Select true or false to display the look-back line on the chart
    • Look-back Line Color – Select the color of your choice
    • === Alert Settings ===
    • Alert Popup – Alert will trigger the popup window and an alert sound
    • Alert Email – Alert will trigger a message sent to your email address
    • Alert Push Notification – Alert will trigger a message sent to your cell phone
    • Alert Delay (candle count) – Enter a number (of candles) from the highlighted FVG to delay the alert (IE: if set to 3, the alert will not trigger if price touches the FVG in the first 3 candles after the FVG)
     
  2. tiaulu

    tiaulu Active Member

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  3. tiaulu

    tiaulu Active Member

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