This indicator tracks smart money market structure directly on the price chart. It calculates dual-period swing highs and swing lows to detect Changes of Character (CHoCH), Breaks of Structure (BOS), inducements, and liquidity sweeps. When structural levels ar
Indicator · Pine Script v5 · On the chart
FVG and MSB
This indicator identifies and plots Fair Value Gaps (FVG) and Market Structure Breaks (MSB) directly on the price chart.
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code156
Settings10inputs
LicenceNone stated
Last update1 year ago18 Feb 2025
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
Fair Value Gaps are drawn using colored boxes that can be extended across bars and filtered with an automatic volatility threshold or set to higher timeframes. The market structure component uses a ZigZag length and Fibonacci factor to highlight market structure breaks. Main settings allow toggling FVG visibility, customizing colors, selecting timeframes, and adjusting ZigZag pivot lengths.
- Fair Value Gap box drawing
- Auto threshold filter for FVGs
- Multi-timeframe FVG detection
- ZigZag market structure tracking
- Fibonacci breakout confirmation
Details
Published by
HelloMoto069 on GitHub
Type
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.
File
Topics
pinescriptpinescript-indicatorspinescript-strategies
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Fair Value Gaps | bool | false | show_fvg |
| Auto Threshold | bool | true | fvg_auto |
| Timeframe | timeframe | | fvg_tf |
| Bullish FVG | color | color.new(#00ff68, 70) | bull_fvg_css |
| Bearish FVG | color | color.new(#ff0008, 70) | bear_fvg_css |
| Extend FVG | int | 1 | fvg_extend |
| ZigZag Length | int | 9 | zigzag_len |
| Show Zigzag | bool | true | show_zigzag |
| Fib Factor for breakout confirmation | float | 0.273 | fib_factor |
| Text Size | string | size.tiny | text_size |
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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