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Indicator · Pine Script v5 · On the chart
Every Hour 1st FVG with Stats - RTH Confluence
This indicator detects and draws the first Fair Value Gap (FVG) that forms in each hourly session based on a selected lower timeframe, with specialized handling for Regular Trading Hours (RTH) confluence windows.
Repaints
GitHub stars46on the repository
Pine versionv5runs as is
Lines of code629
Settings26inputs
LicenceNone stated
Last update7 weeks ago4 Sep 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Every Hour 1st FVG with Stats - RTH Confluence draws FVG range boxes, midpoint lines, hourly open levels, and statistical price range projections directly on the main chart. An interactive table summary displays session statistics. Settings allow traders to adjust detection resolutions, custom color themes for RTH versus regular gaps, range calculations, and table positioning.
- First hourly Fair Value Gap detection
- Regular Trading Hours window confluence tracking
- Hourly open lines and statistical range projections
- On-screen statistics dashboard table
Details
Published by
TamaraKGreen on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
SMC / ICT / price action, Support & resistance, Screeners & dashboards, Sessions & time
Markets
Any symbol
Timeframes
M1-M5, M15-H1
Risk Notes
- Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| FVG Timeframe | string | 5 | ltfResolution |
| Bullish FVG Color | color | color.new(#05f3bf, 75) | bullColor |
| Bearish FVG Color | color | color.new(#e903a4, 75) | bearColor |
| RTH Bull FVG Color | color | color.new(#00bfff, 60) | rthBullColor |
| RTH Bear FVG Color | color | color.new(#ff6600, 60) | rthBearColor |
| Show Midpoint Lines | bool | true | showMidpoints |
| Midpoint Line Color | color | color.new(color.black, 0) | midpointColor |
| Midpoint Line Style | string | Solid | midpointStyle |
| Table Position | string | Top Right | tablePosition |
| Table Text Size | string | Small | tableTextSize |
| Show Hourly Lines | bool | true | showHourlyLines |
| Show Hour Delimiter | bool | true | showDelimiter |
Show all 26 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Delimiter Color | color | color.new(color.gray, 50) | delimiterColor |
| Delimiter Width | int | 1 | delimiterWidth |
| Show Hourly Open | bool | true | showOpenLine |
| Open Line Color | color | color.new(color.blue, 0) | openLineColor |
| Open Line Width | int | 1 | openLineWidth |
| Open Line Style | string | Dashed | openLineStyle |
| Show Range Lines | bool | true | showRangeLines |
| Range Statistic | string | Mean | rangeStatistic |
| Range High Color | color | color.new(color.teal, 20) | rangeHighColor |
| Range Low Color | color | color.new(color.red, 20) | rangeLowColor |
| Range Line Width | int | 2 | rangeLineWidth |
| Range Line Style | string | Dashed | rangeLineStyle |
| Show Line Labels | bool | true | showLineLabels |
| Label Text Size | string | Small | labelTextSize |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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