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EUR/USD1.0850
+0.21%
|
GBP/USD1.2645
-0.12%
|
USD/JPY149.85
+0.30%
|
AUD/USD0.6523
+0.18%
|
USD/CAD1.3625
-0.06%
|
NZD/USD0.5987
+0.32%
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INDICATOR #05

Fair Value Gap Finder

Identify and track unfilled bullish and bearish fair value gaps (FVGs) with automatic removal once they're rebalanced—perfect for finding high-probability retracement zones.

Download Pine Script (Free)

What It Does

The Fair Value Gap Finder detects price imbalances (gaps) created by rapid institutional moves. These gaps often act as magnets—price tends to return and "fill" them before continuing in the original direction.

Unlike basic gap indicators, this tool automatically removes FVGs once they've been rebalanced (price closes through them), keeping your chart clean and focused on active imbalances only.

Key Features

Bullish & Bearish FVG Detection

Automatically identifies both upward and downward imbalances created by aggressive price moves.

Auto-Removal When Filled

FVGs disappear once price closes through them, so you only see unfilled gaps—no clutter.

Size Filtering

Filter out small, insignificant gaps—only show FVGs that meet a minimum size threshold.

Works on All Timeframes

Use on 1-minute scalping charts or daily swing charts—FVGs work across all timeframes.

Main Settings

SettingDefaultDescription
Min Gap Size (Pips)5Minimum size for a gap to be displayed (filters noise)
Max FVGs to Show10Maximum number of unfilled FVGs to display
Show Filled FVGsfalseKeep filled gaps on chart for historical reference
FVG Transparency70%Opacity of FVG boxes (adjust for visibility)

How to Use This Indicator

1. Identify the Imbalance

FVGs form when price moves so fast that it leaves a gap between the high of one candle and the low of another (or vice versa). The indicator marks these automatically.

2. Wait for Price to Return

FVGs often get "filled" later as price retraces. Watch for price to enter the gap zone—this is your potential entry area.

3. Look for Confluence

The strongest setups occur when an FVG overlaps with an order block, liquidity sweep, or premium/discount zone. Stack your edge.

4. Enter on Rejection

Don't blindly enter at the FVG—wait for a wick rejection or engulfing candle to confirm institutional interest.

💡

Pro Tip: Layer with Order Block Radar

The most explosive moves happen when an FVG overlaps with a validated order block. Use the Order Block Radar to find these high-confluence zones.

View Order Block Radar →

Installation Instructions

1

Download the .pine file

Click the download button above

2

Open TradingView Pine Editor

TradingView.com → Chart → "Pine Editor" tab

3

Paste code and save

Paste → Save → Add to chart

Tired of Hunting for FVGs?

This indicator shows you where imbalances are, but you still need to analyze confluence and time your entry. AI PIPS does all that work for you—just follow the signals.

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