Indicator · Pine Script v6 · On the chart

Fair Value Gaps 2026-2

by mikeyhu70

This indicator finds Fair Value Gaps, the price gaps left between three consecutive candles, and draws them as zones on the price chart.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code504
Settings33inputs
LicenceNone stated
Last update6 months ago15 Apr 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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

Up to three sets can be shown: two on the chart or a higher timeframe and one from a lower timeframe. Each set has its own fill method, colours, labels, extension length and maximum number of zones. Zones are removed according to the fill rule. This version adds a minimum gap size and a zone type choice.

Details

Published by

mikeyhu70 on GitHub

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Label Text SizestringTinytextSizeStr
Fair Value Gaps #1, Chart/HTFbooltruefvgSH1
fvgTF1stringChartfvgTF1
  FVG #1 Fill MethodstringWick SweepfvgFill1
  FVG #1 Zone TypestringFull CandlefvgZoneType1
  FVG #1 Zones    color#00B8D9fvgCb1
fvgCs1color#FF8B00fvgCs1
  FVG #1 LabelsstringHidefvgLB1
  Extend Right (Bars)int1extendBars1
  Max Bars Backint360maxBars
  Max Zones Displayedint2maxZones1
  Min Gap %float5.0minGapPct1
Show all 33 settings
SettingTypeDefaultVariable
Fair Value Gaps #2, Chart/HTFboolfalsefvgSH2
fvgTF2string1 HourfvgTF2
  FVG #2 Fill MethodstringWick SweepfvgFill2
  FVG #2 Zone TypestringFull CandlefvgZoneType2
  FVG #2 Zones    color#6EE7B7fvgCb2
fvgCs2color#FF6B6BfvgCs2
  FVG #2 LabelsstringHidefvgLB2
  Extend Right (Bars)int10extendBars2
  Max Bars Backint360maxBars2
  Max Zones Displayedint6maxZones2
  Min Gap %float5.0minGapPct2
Fair Value Gaps #3, LTFbooltruefvgSH3
fvgTF3stringAutofvgTF3
  FVG Filter Thresholdfloat1.0fvgTH3
  FVG #3 Zone TypestringFull CandlefvgZoneType3
  Min Gap %float5.0minGapPct3
  FVG #3 Zones    color#8BC34AfvgCb3
fvgCs3color#E91E63fvgCs3
  FVG #3 LabelsstringHidefvgLB3
  Extend Right (Bars)int20extendBars3
  Max Zones Displayedint4maxZones3
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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