HTF Fair Value Gap [LuxAlgo]

2023년 9월 21일

The HTF Fair Value Gap indicator aims to display the exact time/price locations of fair value gaps within a higher user-selected chart timeframe.

🔶 USAGE



The indicator can be used to detect higher time frame fair value gaps. Detected historical HTF FVG are displayed as changes in chart background colors, with a green color indicating a bullish FVG and red a bearish FVG.



The most recent HTF FVG is displayed as a candle to the right of the most recent price candle. Dashed lines indicate the exact location of the FVG upper and lower extremities.



The wicks of the FVG candle indicate the price deviation from the FVG extremities after its formation and can help determine where the FVG is located within a trend.

A "Status" dashboard is included to indicate if the FVG is mitigated or not. This is also indicated by the border of the FVG candle, with a solid border indicating an unmitigated FVG.

🔶 SETTINGS

• Timeframe: Chart timeframe used to retrieve the fair value gaps
  

🔹Style

• Offset: Offset to the right (in bars) of the FVG candle from the most recent bar.
  
• Width: Width (in bars) of the FVG candle.
  

🔹Dashboard

• Show Dashboard: Determine whether to display the dashboard or not.
  
• Location: Location of the dashboard on the chart.
  
• Size: Size of the dashboard on the chart.
  

2024년 5월 9일

릴리즈 노트

- fixed wrong mitigation evaluation

2024년 5월 9일

릴리즈 노트

- Fixed "Show Dashboard" input not working

9월 19일

릴리즈 노트

- Fixed FVG color always appearing red