CK FVGThis indicator automatically finds bullish and bearish Fair Value Gaps and shows you which ones still matter — without you drawing anything.
What it does:
Marks every new FVG on the chart
Shows bullish (green) and bearish (red) gaps
Removes gaps once they’re mitigated (filled)
Highlights rejections when price taps the FVG and shoots away
Option to only show the last few unmitigated FVGs
Works on any timeframe
Extra features:
Dashboard showing total FVGs + mitigation %
Alert system for new FVGs and mitigations
Static or dynamic gap mode depending on your preference
Why traders like it:
No more drawing FVG boxes manually
Helps spot clean reaction zones
Perfect for ICT-style setups, liquidity plays, and reversals
Simple, clean, and does all the FVG work for you.
스크립트에서 "fvg"에 대해 찾기
Smart Money LITE — Daily Sweep → HQ Signals (VWAP • FVG • CHoCH) 🔗 PRO VERSION (VWAP + FVG + CHoCH — full confirmations, all timeframes):
chartedgepro.gumroad.com/l/rmnbhw
Daily liquidity sweep → confluence signals with VWAP, FVG & CHoCH. Works on all timeframes & markets (Indices, Forex, Crypto).
WHAT IT DOES
Smart Money LITE+ highlights high-quality LONG/SHORT signals only after daily liquidity is swept (previous day high/low) with confluence from VWAP, FVG and structure (BOS/CHoCH).
Works on all timeframes and across markets: indices, forex, crypto.
KEY FEATURES (Lite)
• Daily sweep logic (PDH/PDL) + previous day zones
• VWAP + deviation bands (optional) and proximity filter
• 3-bar FVG boxes (visual) with adjustable extension
• ATR/volatility filter, optional HTF trend filter
• Anti-spam cooldown, clean LONG/SHORT labels
• Alerts: HQ LONG / HQ SHORT
HOW TO USE
1. Wait for price to sweep PDH/PDL → indicator opens “signal window”.
2. Look for confluence: VWAP touch/proximity + CHoCH or BOS in direction.
3. Enter with proper risk management (stop beyond swing/zone, partials).
SETTINGS TIPS
• Enable “Require VWAP Confluence?” for strictest setups.
• Use “HTF Trend Filter?” to align with higher-timeframe EMA trend.
• Adjust “After sweep (bars)” to define signal validity window.
• FVGs are visual in Lite — advanced filtering and confirmation are in Pro.
WHO IT'S FOR
Scalpers, intraday, and swing traders looking for objective, visual signals based on liquidity sweeps and VWAP/FVG confluence.
PRO VERSION (full confirmations)
Adds advanced FVG/iFVG logic, more confluence filters, dynamic risk tools and extended alert packages — optimized for all timeframes.
👉 chartedgepro.gumroad.com/l/rmnbhw
NOTES
• For educational purposes only. No financial advice.
• “Lite” is open-source; redistribution of code follows TradingView rules.
ICT Killzones x FVGs @dancizyeaaICT Killzones x FVGs Indicator
Last update: 19-SEP-2025
Creator: dancizyeaa
This indicator targets key session highs and lows combined with Fair Value Gaps (FVGs) visualization on TradingView charts. It integrates multiple market sessions (Asia, London, New York), drawing killzones, session separators, and key price levels with user-configurable alerts and filtering. It supports dynamic timeframe limits, coloring by FVG size, moving averages, and labels.
The ICT Killzones x FVGs indicator highlights major session high and low price zones with added fair value gaps, assisting traders in identifying potential reversal or breakout areas. It automatically draws session lines, pivot points, and dynamically colors FVG rectangles by size. It includes options for timezone offsets, alert setups for pivot breaks, and versatile visual configuration for clear session segmentation and market structure awareness.
Detailed Function Descriptions
Session Time and Date Handling:
Manages time offsets and date components to correctly align session boundaries and day separators considering timezone differences, including a weekday naming system for chart labeling.
FVG Detection and Coloring:
Detects bullish and bearish Fair Value Gaps based on recent candles, calculates gap size, and colors gaps differently if they are small or normal size to highlight relevant market inefficiencies.
Killzone (Session High/Low Zone) Management:
Creates and updates boxes, lines, and labels representing important market session zones from Asia to New York, including the ability to extend or limit these objects across timeframes and manage range averages.
Pivot Points and Midpoint Labels:
Draws session-specific pivot highs/lows and optional midpoint lines with alert conditions when these levels are broken, allowing traders to track and be notified of key market moves.
Session Separators and Open Lines:
Draws vertical and horizontal lines marking daily, weekly, and monthly open prices and session start/end boundaries with customizable styling, enhancing chart structure clarity.
Moving Average Overlay:
Optionally plots a user-defined simple moving average line for trend analysis, with customizable length and color.
Alert System:
Provides user-configurable alerts on pivot breaks and other key events, ensuring timely trading signals.
User Inputs and Settings:
Extensive input options to customize timezone offset, session visibility, line styles, transparency, label sizes and positions, and filter parameters for FVGs for a tailored trading experience.
[FrizLabz]FVG Bar
For those of you that like to keep your charts nice and tidy for your Technical Analysis!
FVG = Fair Value Gap
Fair Value Gaps are when impulse movements create an imbalance in price leaving unfilled orders.. they are popular because after one is created we often observe price return to fill these unfilled orders
3 candles make a FVG
When the high/low of most recent candle is lower/high than the low/high of the bar before last
Similar to my other FVG indicator but this one allows you to delete Filled FVGs and have them adjust when filled
Uses a line whose x1 and x2 are on the FVG bar and adjust the size of the FVG with line width because line width on line.new()s doesnt have a cap on line width like plot()s do
Not much too it I made this because a few people were asking if they could delete the FVG after it was Mitigated and since my other uses plots it wasnt possible
so I hope this works for those who were asking about it
hope you enjoy please let me know if you have an idea or find a bug,
Thank You! -
Bearish Breakaway Dual Session-FVGInspired by the FVG Concept:
This indicator is built on the Fair Value Gap (FVG) concept, with a focus on Consolidated FVG. Unlike traditional FVGs, this version only works within a defined session (e.g., ETH 18:00–17:00 or RTH 09:30–16:00).
See the Figure below as an example:
Bearish consolidated FVG & Bearish breakaway candle
Begins when a new intraday high is printed. After that, the indicator searches for the 1st bearish breakaway candle, which must have its high below the low of the intraday high candle. Any candles in between are part of the consolidated FVG zone. Once the 1st breakaway forms, the indicator will shades the candle’s range (high to low). Then it will use this candle as an anchor to search for the 2nd, 3rd, etc. breakaways until the session ends.
Session Reset: Occurs at session close.
Repaint Behavior:
If a new intraday (or intra-session) high forms, earlier breakaway patterns are wiped, and the system restarts from the new low.
Counter:
A session-based counter at the top of the chart displays how many bullish consolidated FVGs have formed.
Settings
• Session Setup:
Choose ETH, RTH, or custom session. The indicator is designed for CME futures in New York timezone, but can be adjusted for other markets.
If nothing appears on your chart, check if you loaded it during an inactive session (e.g., weekend/Friday night).
• Max Zones to Show:
Default = 3 (recommended). You can increase, but 3 zones are usually most useful.
• Timeframe:
Best on 1m, 5m, or 15m. (If session range is big, try higher time frame)
Usage:
See this figure as an example
1. Avoid Trading in Wrong Direction
• No Bearish breakaway = No Short trade.
• Prevents the temptation to countertrade in strong uptrends.
2. Catch the Trend Reversal
• When a bearish breakaway appears after an intraday high, it signals a potential reversal.
• You will need adjust position sizing, watch out liquidity hunt, and place stop loss.
• Best entries of your preferred choices: (this is your own trading edge)
Retest
Breakout
Engulf
MA cross over
Whatever your favorite approach
• Reversal signal is the strongest when price stays within/below the breakaway candle’s
range. Weak if it breaks above.
3. Higher Timeframe Confirmation
• 1m can give false reversals if new lows keep forming.
• 5m often provides cleaner signals and avoids premature reversals.
Summary
This indicator offers 3 main advantages:
1. Prevents wrong-direction trades.
2. Confirms trend entry after reversal signals.
3. Filters false positives using higher timeframes.
Failed example:
Usually happen if you are countering a strong trend too early and using 1m time frame
Last Mention:
The indicator is only used for bearish side trading.
Bullish Breakaway Dual Session-Publish-Consolidated FVG
Inspired by the FVG Concept:
This indicator is built on the Fair Value Gap (FVG) concept, with a focus on Consolidated FVG. Unlike traditional FVGs, this version only works within a defined session (e.g., ETH 18:00–17:00 or RTH 09:30–16:00).
Bullish consolidated FVG & Bullish breakaway candle
Begins when a new intraday low is printed. After that, the indicator searches for the 1st bullish breakaway candle, which must have its low above the high of the intraday low candle. Any candles in between are part of the consolidated FVG zone. Once the 1st breakaway forms, the indicator will shades the candle’s range (high to low). Then it will use this candle as an anchor to search for the 2nd, 3rd, etc. breakaways until the session ends.
Session Reset: Occurs at session close.
Repaint Behavior:
If a new intraday (or intra-session) low forms, earlier breakaway patterns are wiped, and the system restarts from the new low.
Counter:
A session-based counter at the top of the chart displays how many bullish consolidated FVGs have formed.
Settings
• Session Setup:
Choose ETH, RTH, or custom session. The indicator is designed for CME futures in New York timezone, but can be adjusted for other markets.
If nothing appears on your chart, check if you loaded it during an inactive session (e.g., weekend/Friday night).
• Max Zones to Show:
Default = 3 (recommended). You can increase, but 3 zones are usually most useful.
• Timeframe:
Best on 1m, 5m, or 15m. (If session range is big, try higher time frame)
Usage
1. Avoid Trading in Wrong Direction
• No bullish breakaway = No long trade.
• Prevents the temptation to countertrade in strong downtrends.
2. Catch the Trend Reversal
• When a bullish breakaway appears after an intraday low, it signals a potential reversal.
• You will need adjust position sizing, watch out liquidity hunt, and place stop loss.
• Best entries of your preferred choices: (this is your own trading edge)
Retest
Breakout
Engulf
MA cross over
Whatever your favorite approach
• Reversal signal is the strongest when price stays within/above the breakaway candle’s
range. Weak if it breaks below.
3. Higher Timeframe Confirmation
• 1m can give false reversals if new lows keep forming.
• 5m often provides cleaner signals and avoids premature reversals.
Failed Trade Example:
This indicator will repaint if a new intraday session low is updated. So it is possible to have a failed trade. Here is an example from the same session in 1m chart. However, if you enter the trade later at another bullish breakaway candle signal. The loss can be mitigated by the profit.
Therefore you should use smaller position size for your 1st trade. You should also considering using 5m chart to avoid 1m bull trap. In this example, if you use 5m chart, you can totally avoid this failed trade.
If you enter the trade, you will see the intraday low is stop loss hunted. You can also see the 1st bullish breakaway candle is super weak. There are a lot of candles below the breakaway candle low, so it is very possible to fail.
In the next chart, you can see the failed traded get stop loss hunted. However you can enter another trade with huge profit to win back the loss from the 1st trade if you follow the rule.
Summary
This indicator offers 3 main advantages:
1. Prevents wrong-direction trades.
2. Confirms trend entry after reversal signals.
3. Filters false positives using higher timeframes.
How to sharp your edge:
1. ⏳Extreme patience⏳: Do not guess the bottom during a downtrend before a confirmed bullish breakaway candle. If you get caught, have the courage to cut loss. This is literally the most important usage of this indicator. Again, this is the most important rule of this indicator and actually the hardest rule to follow.
2. 🛎Better Entry🛎: After a confirmed bullish breakaway, you will always have a good opportunity to enter the trade using established trading technique. Your edge will come from the position size, draw down, stop loss placement, risk/reward ratio.
3. ✂Cut loss fast✂: If you enter a trade according to the rule, but you are still not making profit for a period of time, and the price is below the low of the breakaway candle. It is very likely you may hit stop loss soon (intraday session low). It won't be a bad idea to cut loss before stop loss hit.
4. 🔂Reentry with confidence after stop loss🔂: a stop loss will not invalidate the indicator. If you see a second chance to reenter, you should still follow the trade guide and rule.
5. 🕔Time frame matter🕔: try 1m, 3m, 5m, 10m, 15m time frame. Over time, you should know what time frame work best for you and the market. Higher time frame will reduce the noise of false positive trade, but it comes with a higher stop loss placement and less max profit, however it may come with a lower draw down. Time frame will matter depending on the range of the session. If the session range is small (<0.5%), lower time frame is good. If session range is big (>1%), 5m time frame is better. Remember to wait for candle to close, if you use higher time frame.
Last Mention:
The indicator is only used for bullish side trading.
first fvg @joshuuuThis indicator was created to display and alert the user for the first Fair Value Gap (FVG) of up to three trading sessions.
Bullish FVG occurs when the high of the first candle is lower than the low of the third candle, resulting in a price gap between them.
Conversely, a Bearish FVG takes place when the low of the first candle is higher than the high of the third candle, leading to a gap between these prices.
ICT emphasizes on three crucial timeframes: 3-4 am NY, 10-11 am NY, and 2-3 pm NY, collectively referred to as the 'silver bullet' times. The very first FVG formed during these periods can significantly impact the remainder of that trading session.
Building upon these concepts, CasperSMC developed a strategy involving buying/selling the very first FVG and placing a stop order just above/below the candle responsible for creating the FVG.
The strategy aims for a consistent 2-to-1 Reward-to-Risk ratio (2RR).
This indicator serves to support the strategy by not only displaying those fvgs but also sending alerts, reducing the need for constant screen monitoring.
MTF FVGThis script finds Imbalance (Fair Value Gap (FVG)) on multi timeframes.
If needed all TF can be used at once: 1, 3, 5, 15, 30, 45, 60, 120, 180, 240, D, W.
It finds FVG on any desired TF that is greater or equal than TF on the chart.
FVG stands for fair value gap, which is a three-candle structure that indicates an imbalance or inefficiency in the market. An imbalance means that the buying and selling is not equal, and there is a gap between the fair value and the market value of an asset. A bullish FVG shows that the market value is lower than the fair value, and a bearish FVG shows the opposite.
FVG takes place in a series of 3 candles when the middle candle gaps up or down. This signals strong buying or selling pressure in the direction of the gap. When a gap occurs the wicks of the candles do not overlap each other.
[PlayBit] FVG/EMAThis Indicator was made for the PlayBit Community by @FFriZz
This indicator includes 2 of the most used indicators within the community
1. FVG indicator -- Very minimalistic version seems to be the most used
2. EMA indicator -- Indicator made by using two 200 EMAs one tracking highs and one tracking closes -- to form a 200 EMA Channel
-- The EMA Can be used as a single one on the current chart or there are 5 other options that will allow you to track up to 5 timeframes
higher or lower
----- Options ------
-- FVGs --
1. Ability to keep FVGs on chart when Filled/Mitigated or have them Deleted
2. Setting to Change the border of the FVG when it has been tested
3. Can have the FVGs resize to the untapped area
4. Setting to adjust the number of FVGs that are displayed on Chart at a time
-- EMA --
1. Up to 5 Different timeframes
2. Color Switch if close is above or below EMAs
3. Color Settings
Shout out to the PlayBit Community
for being a great community for Trading and in general!
If anyone finds any bugs Please let me know on here or on PlayBit
or if I removed something in this version you would like to see put back..
Hope you enjoy!
@FFriZz | @FrizLabz
FVG pointsFVGs ( fair value gaps) are imbalances that indicate displacement and are useful for reversal strategies that require displacement after a liquidity sweep
This indicator shows the size of the gap in points/dollars which can help determine momentum and strength in reversals, as does a failure or inversion (iFVG) of these gap if they fail to act as support or resistance to price. As stops are often placed on the other side of a fair value gap from entry, the indicator helps give traders an idea of stop loss size for calculating position size.
Fvg gaps below a certain points size can be considered to be weaker, larger gaps show stronger momentum. The indicator allows a minimum point size to be set so that FVGs below this minimum value will be shown without a points value.
Points value is also shown for inverted FVGs (iFVGs) by a change in colour and length of box.
By default, multiple gaps are combined together and the point value of the gap is shown, this can be toggled off in the settings to show the values of the individual gaps.
Settings:
Lookback - how many candles to look for FVGs and iFVGs
Change length of the FVG box
Change settings to decide the minimum size of gap to label
colours of boxes and labels
Option to show individual gaps or combined gaps
ZynIQ FVG Master Pro v2 - (Pro Pack)Overview
ZynIQ FVG Master v2 (Pro) identifies fair value gaps and highlights key imbalance zones within price action. It includes detection for standard and extended FVGs, optional mitigation logic and context filters to help traders understand where inefficiencies may be filled.
Key Features
• Detection of regular and extended FVGs
• Optional mitigation and fill markers
• Configurable minimum gap size and sensitivity
• Direction-aware colour coding
• Optional smart filtering to reduce low-quality gaps
• Clean visuals designed for intraday and swing analysis
• Can be used alongside structure and liquidity tools for confluence
Use Cases
• Identifying imbalance zones likely to be revisited
• Spotting high-probability mitigation areas
• Combining FVGs with BOS/CHOCH or liquidity sweeps
• Mapping context for continuation and reversal setups
Notes
This tool provides FVG and imbalance context. It is not a standalone trading system. Use with your preferred confirmation and risk management.
ICT Fair Value Gap (FVG) Detector │ Auto-Mitigated │ 2025Accurate ICT / Smart Money Concepts Fair Value Gap (FVG) detector
Features:
• Detects both Bullish (-FVG) and Bearish (+FVG) using strict 3-candle rule
• Boxes automatically extend right until price mitigates them
• Boxes auto-delete when price closes inside the gap (true mitigation)
• No repainting – 100% reliable
• Clean, lightweight, and works on all markets & timeframes
• Fully customizable colors and transparency
How to use:
– Bullish FVG (green) = potential support / buy zone in uptrend
– Bearish FVG (red) = potential resistance / sell zone in downtrend
Exactly matches The Inner Circle Trader (ICT) methodology used by thousands of SMC traders in 2024–2025.
Enjoy and trade safe!
NativeLenSA CISD w/1st 5m FVG5m CISD + FVG Indicator which works best on 5m TimeFrame, with the concept of 5m Liquidity sweeps of the previous highs/lows and the next candle closing below/above the opening price of candle that swept the highs/lows.
A line marking +CISD or -CISD will show as soon as the CISD is created, and a first 5m Fair Value Gap will also be displayed. This is advantageous for an extra confluence and re-entry.
The indicator also provides the trader with:
i. The flexibility of allowing to only show Bearish, Bullish or both Bearish and Bullish CISD + FVG,
ii. Showing only London Session, New York Session, or both London and New York Sessions' CISD & FVG,
iii. Option of hiding/showing 5m CISD+FVG on time frames greater than 5m,
iv. Adjustable:
(a) Look back bars (max=300),
(b) CISD line length,
(c) FVG line length,
v. Customizable Bearish and Bullish CISD line colors.
I hope you find value in this indicator, and convenient for time when trading, no CISD markups needed
London ORB + Session High/Low + FVGLondon ORB + Session High/Low + FVG
📘 Script Description: London ORB + Session High/Low + Fair Value Gap
This script is designed to assist intraday traders during the London session open by combining:
🕒 1. Opening Range Breakout (ORB)
Captures the high and low of the first 15-minute candle after the London open (08:00–08:15 GMT).
Draws lines and labels for the ORB High and Low levels.
Detects breakouts above or below the ORB and plots a triangle signal at the breakout bar.
🌐 2. Asian & US Session Levels
Automatically marks the highs and lows of the Asian (00:00–06:00 GMT) and US (13:30–20:00 GMT) sessions.
Useful for identifying prior session liquidity zones, key support/resistance levels, and potential reaction areas.
📉 3. Fair Value Gaps (FVG)
Highlights imbalances in price action between non-overlapping candles (also known as FVGs or inefficiencies).
Draws a shaded box between candles where gaps exist:
Green for bullish FVGs
Red for bearish FVGs
🔔 4. Alert Support
Optional alerts are built in for:
Long breakout (price breaks above ORB)
Short breakout (price breaks below ORB)
🎯 Use Case
Perfect for:
Day traders looking to capitalize on early volatility at the London open
Traders using liquidity-based strategies, retests, or gap-fills
Visualizing and aligning with prior session highs/lows for structure and context
skX FVG Enhanced Indicator [1m,5m] skX FVG Indicator
Fair Value Gaps (FVGs) are particularly effective for scalping altcoins due to their tendency to fill price inefficiencies. These gaps occur during strong momentum moves where price leaves an 'empty' zone that often acts as a magnet for price to return to. In the volatile alt market, these gaps frequently present high-probability scalping opportunities.
Why FVGs Work in Alts:
• Quick price movements create more gaps
• Higher volatility increases gap frequency
• Institutional algorithms tend to fill these inefficiencies
• Works especially well in lower timeframes (1-5m)
Key Features:
✓ Automatic FVG detection with size filtering
✓ Smart timeframe adaptation (1m, 5m, Custom settings)
✓ Trend detection using 8/21/55 EMA system
✓ Dynamic TP/SL levels based on ATR
✓ Risk:Reward ratio automation
✓ Visual signals that stick to price levels
✓ Clear information display panel
✓ Built-in alerts system
How to Use:
1. Select your preferred timeframe (1m or 5m recommended)
2. Watch for triangle signals (▲ bullish, ▼ bearish)
3. Confirm with trend direction (shown in panel)
4. Use provided TP/SL levels for trade management
5. Set alerts for new FVG formations
Settings Explained:
• Auto Mode: Adjusts gap size to timeframe
• Custom Gap Size: Manual gap size control
• ATR Period: Volatility measurement window
• ATR Multiplier: Stop loss distance
• Risk:Reward: Take profit ratio
Best Practices:
• Use in conjunction with support/resistance
• Trade in direction of main trend
• Monitor higher timeframe structure
• Start with recommended settings
• Backtest before live trading
Note: This indicator works best in volatile market conditions and should be used as part of a complete trading strategy.
Good luck trading!
-skX
Simple FVGSimple FVG - Fair Value Gap Indicator
Overview:
The "Simple FVG" script is designed for use with TradingView to identify and visually display Fair Value Gaps (FVG) on a trading chart. This indicator highlights both bullish and bearish imbalances based on specific candlestick patterns, helping traders to quickly identify potential trading opportunities.
Key Features:
Bullish and Bearish Imbalances:
Bullish Imbalances: This script identifies bullish imbalances where the price exhibits a gap upward. The conditions for detecting a bullish imbalance are:
The high of the second candle is greater than the high of the first candle.
The low of the third candle is greater than the high of the first candle.
Bearish Imbalances: This script identifies bearish imbalances where the price exhibits a gap downward. The conditions for detecting a bearish imbalance are:
The low of the second candle is less than the low of the first candle.
The high of the third candle is less than the low of the first candle.
Customizable Display:
Bullish Blocks: Users can toggle the display of bullish imbalance blocks with customizable colors and border settings.
Bearish Blocks: Users can toggle the display of bearish imbalance blocks with customizable colors and border settings.
Color and Border Settings: Adjust the color, border color, and border width of the blocks for both bullish and bearish imbalances according to user preferences.
Visual Representation:
Drawing Blocks: The script draws filled boxes on the chart to represent identified imbalances. These blocks span from the start of the first candlestick to the end of the third candlestick, providing a clear visual indicator of the price gap.
How It Works:
Identification Logic:
The script analyzes three consecutive candles to determine if an imbalance exists.
It compares the highs and lows of these candles to establish bullish or bearish conditions.
Drawing Mechanism:
Once an imbalance condition is met, the script calculates the top and bottom levels of the imbalance block based on the high of the first candle and the low of the third candle for bullish imbalances, and vice versa for bearish imbalances.
It then draws these blocks on the chart using the specified colors and border settings.
Usage Instructions:
Add the Indicator:
Apply the "Simple FVG" indicator to your TradingView chart.
Customize Settings:
Use the input options to enable or disable the display of bullish and bearish blocks.
Adjust the colors and border settings for the imbalance blocks as needed.
Interpret Imbalances:
Look for the drawn blocks to identify potential areas where price imbalances have occurred.
Use this information to inform your trading decisions.
Originality and Value:
The "Simple FVG" script offers a unique approach to visualizing Fair Value Gaps by focusing on specific candlestick patterns. It provides traders with a tool to easily identify and analyze price imbalances, enhancing chart analysis and trading strategy development.
Chart Information:
Ensure to show the complete symbol, timeframe, and script name information on your chart for clarity and reference.
For further details and usage guidelines, refer to the TradingView House Rules.
Note: This script adheres to TradingView's guidelines for originality and usefulness, offering a practical tool for traders seeking to enhance their chart analysis.
This description adheres to TradingView's requirements by providing a detailed explanation of the script's functionality, how it works, and how users can benefit from it.
FVG MTF Consensus OscillatorFVG MTF Consensus Oscillator
A multi-timeframe, multi-component oscillator that combines momentum, deviation, and slope analysis across multiple timeframes using Zeiierman's Chebyshev-filtered trend calculation. This indicator identifies potential turning points with zone-based signal classification and timeframe consensus filtering.
Backed by ML/Deep Learning evaluation on ES Futures data from 2015-2024.
🎯 Concept
Traditional oscillators suffer from two major weaknesses:
Single measurement - relying on one metric makes them susceptible to noise
Single timeframe - missing the bigger picture leads to fighting the trend
The FVG MTF Consensus Oscillator addresses both issues by combining three independent measurements across three timeframes into a weighted consensus signal.
The Three Components
Momentum - How fast is the trend moving?
Deviation - How far has price stretched from the trend?
Slope - What is the short-term directional bias?
The Three Timeframes
TF1 (Chart) - Your current chart timeframe (lowest weight)
TF2 (Medium) - Typically 1H or 4H (medium weight)
TF3 (High) - Typically 4H or Daily (highest weight)
By requiring agreement across multiple components AND multiple timeframes, the oscillator filters out noise while capturing meaningful, high-probability market movements.
🔧 How It Works
The Core: Chebyshev Type 1 Filter
At its heart, this indicator uses a Chebyshev Type 1 low-pass filter (inspired by Zeiierman's FVG Trend) to extract a clean trend line from price action. Unlike simple moving averages, the Chebyshev filter offers:
Sharper cutoff between trend and noise
Minimal lag for a given smoothness level
Controlled overshoot via the ripple parameter
Three Oscillator Components
1. Momentum Component
Momentum = Current Trend Value - Previous Trend Value
Measures the velocity of the trend. High positive values indicate strong upward acceleration, while high negative values show downward acceleration.
2. Deviation Component
Deviation = Close Price - Trend Value
Measures how far price has stretched away from the trend line. Useful for identifying overextended conditions and mean reversion opportunities.
3. Slope Component
Slope = Change in Trend over 3 bars
Captures the short-term directional bias of the trend itself, helping confirm trend changes.
Normalization & Component Consensus
Each component is individually normalized to a -100 to +100 scale using adaptive scaling. The oscillator output is a weighted average of all three components, allowing you to emphasize different aspects based on your trading style.
Multi-Timeframe Weighting
The final oscillator value combines all three timeframes using configurable weights:
Combined = (TF1 × Weight1 + TF2 × Weight2 + TF3 × Weight3) / Total Weight
Default weights (1, 2, 3) ensure higher timeframes have more influence, keeping you aligned with the dominant trend while timing entries on lower timeframes.
📊 Zone System
The oscillator uses a fuzzy zone system to classify market conditions:
ZoneRangeInterpretationSignal ColorNeutral-5 to +5No clear bias, avoid tradingGrayContinuation±5 to ±25Trend pullback, continuation setupsAquaDeep Swing±25 to ±50Extended move, stronger setupsGreenReversalBeyond ±50Extreme extension, reversal potentialOrange
When "Show Zone Background" is enabled, the background shading darkens as the oscillator moves into more extreme zones, providing instant visual feedback.
📈 Signal Interpretation
Turn Signals
The indicator plots triangular markers when the oscillator changes direction:
▲ Triangle Up (bottom): Oscillator turning up from a low
▼ Triangle Down (top): Oscillator turning down from a high
Signal Quality by Zone
Not all signals are equal. The signal color indicates which zone the turn occurred in:
ColorZoneProbabilityBest UseGrayNeutralLowAvoid or use very tight stopsAquaContinuationModerateTrend continuation entriesGreenDeep SwingHigherSwing trade entriesOrangeReversalHighestCounter-trend with caution
Timeframe Consensus Filter
Signals only fire when the required number of timeframes agree on direction. With default settings (TF Consensus = 2), at least 2 of 3 timeframes must be moving in the same direction for a signal to trigger.
This prevents:
Taking longs when higher timeframes are bearish
Taking shorts when higher timeframes are bullish
Whipsaws during timeframe disagreement
Trend Coloring
The combined oscillator line changes color based on trend direction:
Light purple (RGB 240, 174, 252): Majority of timeframes trending up
Dark purple (RGB 84, 19, 95): Majority of timeframes trending down
Info Table
When MTF is enabled, a table in the top-right corner displays:
Current oscillator values for each timeframe (TF1, TF2, TF3)
Combined value (CMB)
Color coding: Green = rising, Red = falling
⚙️ Settings Guide
Timeframe Settings
SettingDefaultDescriptionEnable Multi-TimeframeOnMaster switch for MTF functionalityTF1 (Chart)"" (current)First timeframe, typically your chart TFTF2 (Medium)60Second timeframe, typically 1HTF3 (High)240Third timeframe, typically 4HTF1/TF2/TF3 Weight1 / 2 / 3Influence of each TF on combined signal
Timeframe Tips:
Keep TF1 ≤ TF2 ≤ TF3 (ascending order)
For day trading: 5m / 15m / 1H
For swing trading: 1H / 4H / Daily
For position trading: 4H / Daily / Weekly
Display Settings
SettingDefaultDescriptionShow All TimeframesOffDisplay individual TF oscillator linesShow Combined LineOnDisplay the weighted combined oscillatorShow Zone BackgroundOffShade background based on current zone
Trend Filter Settings
SettingDefaultDescriptionTrend Ripple4.0Filter responsiveness (1-10). Higher = faster but more overshootTrend Cutoff0.1Cutoff frequency (0.01-0.5). Lower = smoother trendNormalization Length50Lookback for scaling. Longer = more stable
Component Weights
SettingDefaultDescriptionMomentum Weight1.0Emphasis on trend speedDeviation Weight1.0Emphasis on price stretch from trendSlope Weight1.0Emphasis on short-term trend direction
Component Tips:
For trend-following: Increase Momentum and Slope weights
For mean reversion: Increase Deviation weight
Set any weight to 0 to disable that component
Zone Thresholds
SettingDefaultDescriptionNeutral Zone5Inner boundary (±5 = neutral)Continuation Zone25Middle boundary for continuation setupsDeep Swing Zone50Outer boundary for reversal zone
Adjust based on instrument volatility. More volatile instruments may need wider zones.
Signal Filters
SettingDefaultDescriptionSignal Cooldown3Minimum bars between signalsMin Turn Size2.0Minimum oscillator change for valid turnTF Consensus Required2Minimum TFs agreeing for signal (1-3)
💡 Usage Examples
Example 1: Trend Continuation (Dip Buying)
Setup: Uptrend confirmed by higher timeframes
Check the info table - TF2 and TF3 should show green (rising)
Wait for TF1 to pull back, oscillator enters Continuation zone
Enter on Aqua ▲ signal (turn up with TF consensus)
Stop below recent swing low
Target: Previous high or next resistance
Why it works: You're buying a dip in an established uptrend with multi-timeframe confirmation.
Example 2: Deep Swing Entry
Setup: Extended move showing exhaustion
Oscillator reaches Deep Swing zone (±25 to ±50)
At least 2 TFs start showing the same direction
Enter on Green signal indicating momentum exhaustion
Use tighter stop as the move is already extended
Target: Return to Continuation zone or trend line
Why it works: Extended moves tend to mean-revert. The zone system identifies these opportunities.
Example 3: Reversal Setup (Advanced)
Setup: Extreme extension with diverging timeframes
Oscillator reaches Reversal zone (beyond ±50)
Watch for TF1 to turn while TF3 is still extended
Enter on Orange signal - this is counter-trend!
Use smaller position size and wider stops
Target: Return to Deep Swing or Continuation zone
Why it works: Extreme extensions eventually correct. The orange signal marks high-probability reversal points.
Example 4: Avoiding Bad Trades
What to avoid:
Gray signals in Neutral zone - No edge, random noise
Signals against TF3 direction - Fighting the dominant trend
Signals without TF consensus - Timeframe disagreement = choppy market
Multiple signals in quick succession - Let cooldown filter work
🔬 Multi-Timeframe Analysis Tips
Reading the Info Table
The info table shows real-time oscillator values:
| TF1 | TF2 | TF3 | CMB |
| 23.5 | 45.2 | 67.8 | 52.1 |
All green: Strong uptrend across all timeframes
All red: Strong downtrend across all timeframes
Mixed colors: Potential transition or consolidation
Timeframe Alignment States
TF1TF2TF3Interpretation↑↑↑Strong bull - look for long entries↓↓↓Strong bear - look for short entries↑↑↓Pullback in downtrend - caution on longs↓↓↑Pullback in uptrend - caution on shorts↑↓↑Choppy - reduce position size↓↑↓Choppy - reduce position size
The Power of Consensus
With TF Consensus = 2, signals only fire when 2+ timeframes agree. This single filter eliminates most whipsaws and keeps you aligned with the dominant trend.
For more conservative trading, set TF Consensus = 3 (all timeframes must agree).
⚠️ Important Notes
This indicator does not predict the future. It measures current market conditions and momentum across multiple timeframes.
Always use proper risk management. No indicator is 100% accurate.
Combine with price action. The oscillator works best when confirmed by support/resistance, candlestick patterns, or other confluence factors.
Respect the higher timeframe. When TF3 disagrees, trade smaller or sit out.
Zone signals are probabilistic. Orange (reversal) signals have higher probability but aren't guaranteed reversals.
Adjust settings per instrument. Default settings are optimized for ES Futures but may need tuning for other markets.
🧪 ML/Deep Learning Background
The default parameters and zone thresholds were evaluated using machine learning techniques on ES Futures data spanning 2015-2024. This included:
Optimization of component weights
Zone threshold calibration
Timeframe weight balancing
Signal filter tuning
While past performance doesn't guarantee future results, the parameters represent a data-driven starting point rather than arbitrary defaults.
🙏 Credits
This indicator is inspired by Zeiierman's Multitimeframe Fair Value Gap (FVG) indicator, specifically utilizing concepts from his Chebyshev Type 1 filter implementation for trend calculation.
Original indicator: Multitimeframe Fair Value Gap – FVG (Zeiierman)
📝 Changelog
v1.0
Initial release
Three-component consensus oscillator (Momentum, Deviation, Slope)
Multi-timeframe support with weighted combination
Fuzzy zone classification system
Configurable component and timeframe weights
TF consensus filter for signal quality
Signal cooldown and minimum turn size filters
Real-time info table with TF values
Optional zone background shading
ICT Asian & London Range + First Presented FVGIndicator: ICT Sessions + First Presented FVG
What it does: This tool automates the markup of key ICT (Inner Circle Trader) timeframes and entry signals. It allows you to trade on higher timeframes (like the 5m or 15m) while the script automatically "looks inside" the 1-minute chart to find specific setups for you.
Key Features:
Session Ranges (Asian & London)
Automatically highlights the Asian Session (8 PM - Midnight NY) and London Open (2 AM - 5 AM NY).
Draws a shaded box for the session's High and Low.
New: Extends the High and Low lines to 4:00 PM NY (end of the trading day) so you can use them as liquidity targets.
The "First Presented" FVG (Sniper Logic)
It detects the very first Fair Value Gap (FVG) that forms on the 1-minute chart immediately after a session starts.
It draws this 1-minute gap on your current chart, regardless of what timeframe you are viewing.
The FVG box automatically extends to the end of the trading day (4 PM NY), showing you where price might return to "mitigate" or react later in the day.
Basic FVG (Zuki)This indicator identifies and displays Fair Value Gaps (FVGs) to highlight market imbalances.
FEATURES:
- Detects classic bullish and bearish FVGs.
- Option to automatically delete FVGs once filled by a wick.
- Customize FVG colors and box length.
- Use Lookback Period and Max FVG settings to keep the chart clean.
Simple
Automatic Closest FVG with BPRFair Value Gaps are a hugely popular concept and because of that there are numerous indicators available. This one however, was designed to automate the process of actually using them in trading.
Designed with lower time frame entries in mind (though will work on HTF just as well), this indicator automatically draws the closest, non-mitigated FVG, to the current price, cutting out the work of looking for what FVG is relevant.
The indicator also has an option to show when the current nearest pair of FVGs form a BPR or 'balanced price range'.
There are various option for what counts as mitigation, including no mitigation at all, and when mitigated an FVG is no longer considered for proximity searching.
[FrizLabz]MTF FVGMulti-TimeFrame FVGs
FVG = Fair Value Gap
an FVG indicates an impulsive move which leaves unfilled orders in the imbalance to which usually we observe price return to and fill the unfilled orders
also an indication of BIG Money entering the market
To be used with your Top-Down analysis with Smart Money Strategies
6 Options for TFs
Best to Check Multipule TFs since some of the FVGs will be mitigated around Creation because the indicator uses the high and low of current chart
Let me know if you find any bugs Please and Thank you
FVG TrackerFVG Tracker indicator automatically detects and displays Fair Value Gaps (FVGs) on the chart and tracks which ones remain untapped by price.
Overview
A fair value gap occurs when price moves sharply, leaving an imbalance between buyers and sellers.
This script identifies those imbalances and keeps only the (untouched) ones visible, removing gaps once price trades back into them.
It also provides optional visualization tools such as boxes, horizontal rays, and a customizable symbol marker.
Features
Detects both bullish and bearish FVGs
Automatically removes FVGs once they are filled or tapped
Adjustable colors, transparency, and border styling
Optional horizontal rays and custom symbol ($) markers
Independent control over visibility and styling for bullish and bearish gaps
Purpose
This indicator is designed purely as a visual reference to study market structure and price imbalances.
It does not produce trading signals and should be used alongside other forms of technical analysis for context and confirmation.
Basic FVG Indicator by nacho-fx mod by evseevd2803Basic FVG Indicator by nacho-fx ( www.tradingview.com )
-Extends unfilled FVG boxes.
-Stops extending filled FVG boxes instead of removing them.
