[Know the Footsteps of Large Investors!] Introduction to the Fair Value Gap (FVG) Indicator
Fair value gap occurs when prices move sharply in one direction, causing an imbalance in market structure (implying institutional investors are entering the market). In the future, institutional investors are expected to return to these imbalance areas, and you often see price movements that “fill the gaps.” This indicator quickly detects such FVG regions and, by forecasting important price levels and trend reversals, provides potential trading opportunities.
■ Basic Trading Strategy for FVG
① Use as a profit-taking target.
② Use as an entry point after a reversion that fills the FVG.
■The indicator introduced this time is here.
https://www.gogojungle.co.jp/tools/indicators/61205
https://www.gogojungle.co.jp/tools/indicators/61206
■ Features Overview
Continuously detect and visualize FVG on any time frame, allowing you to visually confirm FVG on the chart.
Clearly displays FVG state changes on the chart according to the degree of relaxation.
The display size of FVG can be chosen between two types: Double or Single.
The minimum size for FVG detection can be set using a uniform point method or an ATR method that accounts for volatility.
Thanks to an optimized internal data structure, it runs smoothly on any time frame.
■ Settings Screen
■ Sample Screen 1