Fair Value Gap [AlgoPrime]

Fair Value Gap highlights bullish and bearish imbalances left by rapid price movement. Colored zones show where those gaps formed, while threshold filters, timeframe selection, and extension controls let you focus on the areas relevant to your chart. Optional unmitigated levels, mitigation displays, and a dashboard help you follow what happens when price returns to those regions.

How to Trade with Fair Value Gap?

1. Directional context: compare a bullish or bearish FVG with the surrounding structure before selecting it as an area to monitor.

2. Return to the gap: assess price behavior inside or at the edge of the zone instead of assuming that the first touch completes a setup.

3. Mitigation status: distinguish active, unmitigated references from zones meeting the script’s mitigation rules, and check the selected detection timeframe.

Fair Value Gap Settings

1. Threshold % / Auto: filter gap size.

2. Timeframe: choose the detection interval.

3. Extend / Dynamic: control extension and zone presentation.

4. Unmitigated Levels, Mitigation Levels, and Show Dashboard.

Frequently Asked Questions

Must every gap be filled?

No. An FVG does not guarantee a return to the zone or a reaction within it.

Is an FVG direct order-flow data?

No. It is a price-candle pattern, not transaction-level order-flow information.

How do I access Fair Value Gap?

Request access from AlgoPrime and provide your TradingView username. Once permission is granted, open the corresponding script and add it to your chart.

Request TradingView Access

View Fair Value Gap [AlgoPrime] on TradingView