The indicator plots ICT displacement candles on the price chart and can switch to retracement scanning. Displacement requires a move larger than a set share of the 14-bar average high-low range, lasting at least a chosen number of bars, with optional close, pr
Indicator · Pine Script v6 · On the chart
Fair Value Gaps - Basic
This indicator detects bullish and bearish fair value gaps on the price chart and draws a translucent box for each gap.
GitHub stars218on the repository
Pine versionv6current
Lines of code58
Settings5inputs
LicenceNone stated
Last update3 months ago23 Jul 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
A bullish gap needs the high two bars back below the current low and a bullish middle candle; a bearish gap uses the opposite gap and a bearish middle candle. Boxes appear only after the bar is confirmed and extend a fixed number of bars to the right. Inputs toggle each side, set box colors, and cap how many boxes stay on the chart. Alerts fire when either gap forms. There are no entry, exit, or stop rules.
- Bullish and bearish fair value gap detection
- Colored boxes drawn on the price chart
- Separate display toggles and colors
- Maximum box count with old box cleanup
- Alert conditions for both gap directions
Details
Published by
TradersPost on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
SMC / ICT / price action
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.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show Bullish FVG | bool | true | show_bullish |
| Show Bearish FVG | bool | true | show_bearish |
| Bullish FVG | color | color.new(color.green, 80) | fvg_color_bull |
| Bearish FVG | color | color.new(color.red, 80) | fvg_color_bear |
| Max FVG Boxes | int | 50 | max_boxes |
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.
Similar Pine Scripts
This indicator plots labels on the TradingView price chart to mark ARK Invest's buy and sell trades for the DE stock. Buy transactions appear in green with X1 or X2 multipliers showing the number of ARK ETFs involved on the same day; sells appear in red. The m
This Pine Script indicator plots a ZigZag on the price chart. It identifies reversal points when price moves more than a set percentage from the last pivot. The script calculates forecasts using zigzag data and labels detected geometric patterns including harm
This indicator implements the Fractal Model concept to plot market structure shifts, liquidity sweeps, and Change in State of Delivery (CISD) levels. It overlays custom higher-timeframe candle previews, open prices, and time markers directly on the price chart
This indicator calculates pivot highs and pivot lows to detect liquidity sweeps and Swing Failure Patterns. It identifies when price breaks past recent key swing highs or lows within a configurable historical window, then looks for a quick reversal or change i
Fractal Model is a price-chart indicator that tracks multi-timeframe liquidity sweeps, reversal confirmation, and forward projections. It draws higher-timeframe candles beside price, marks high and low sweeps, and tracks CISD plus later IC-CISD levels after a
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers