OPEN-SOURCE SCRIPT
MTF FVG
Actualizado
This 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.
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.
Notas de prensa
it waits for 3rd bar close before fvg appearScript de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
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