by 
This overlay strategy plots previous-day high and low, the daily open, and fair value gap zones on the price chart. It takes entries on a selectable timeframe when the FVG requirement and an optional session window allow them, then uses an ATR or fixed pip sto
Strategy · Pine Script v5 · On the chart
Talons FVG Strategy
A strategy that detects three-candle fair value gaps larger than a set ATR multiple and draws them as boxes on the price chart.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code105
Settings8inputs
LicenceNone stated
Last update5 months ago29 May 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 strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
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
Talons FVG Strategy then waits for price to retrace to the gap midpoint and enters with a limit order, optionally only in the direction of a 200 EMA trend. The stop sits beyond the gap padded by an ATR multiple, and targets are set at risk to reward multiples, with the second target used for the exit order. Size is 10 percent of equity.
- Three-candle fair value gap detection
- Midpoint retracement limit entry
- Optional 200 EMA trend filter
- ATR padded stop with risk to reward targets
- Gap boxes drawn on chart
Details
Published by
muammeryldrm42 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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Min Gap (ATR multiple) | float | 0.3 | minGapAtr |
| Use EMA Trend Filter | bool | true | useTrendFilter |
| EMA Period | int | 200 | emaPeriod |
| ATR Period | int | 14 | atrPeriod |
| SL ATR Multiplier | float | 0.5 | slAtrMult |
| TP1 Risk:Reward | float | 2.0 | tp1RR |
| TP2 Risk:Reward | float | 3.0 | tp2RR |
| TP3 Risk:Reward | float | 5.0 | tp3RR |
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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