This overlay indicator marks ICT liquidity void fills on the price chart and can show long and short signals. It places a Fibonacci level inside a displacement candle, defaulting to the midpoint, and draws lines in a chosen style. Optional filters limit the fi
Indicator · Pine Script v5 · On the chart
Visualizing Displacement
An overlay indicator that colours candles showing displacement, meaning a candle range far larger than normal.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code21
Settings5inputs
LicenceNone statedfile: MPL-2.0
Last update9 months ago31 Jan 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
21 lines of Pine Script v5 from Displacement.txt, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © tradeforopp
//@version=5
indicator("Visualizing Displacement [TFO]", "Displacement [TFO]", true)
require_fvg = input.bool(true, "Require FVG")
disp_type = input.string("Open to Close", "Displacement Type", options = ['Open to Close', 'High to Low'])
std_len = input.int(100, minval = 1, title = "Displacement Length", tooltip = "How far back the script will look to determine the candle range standard deviation")
std_x = input.int(4, minval = 0, title = "Displacement Strength")
disp_color = input.color(color.yellow, "Bar Color")
candle_range = disp_type == "Open to Close" ? math.abs(open - close) : high - low
std = ta.stdev(candle_range, std_len) * std_x
fvg = close[1] > open[1] ? high[2] < low[0] : low[2] > high[0]
displacement = require_fvg ? candle_range[1] > std[1] and fvg : candle_range > std
barcolor(displacement ? disp_color : na, offset = require_fvg ? -1 : na)
My Note: Colors should definitely be changed in the settings to the ones I prefer.
Overview
Candle range is measured open to close or high to low and compared with a standard deviation over a chosen length multiplied by a strength setting. By default it also requires a fair value gap, and in that case it colours the candle before the gap completes. Length, strength, range type and bar colour are adjustable. It marks bars only and gives no entries or exits.
- Displacement candle highlighting
- Standard deviation based range threshold
- Optional fair value gap requirement
- Open-to-close or high-to-low range
Details
Published by
Ahmed1926 on GitHub
Code credit
tradeforopp, as written in the script's header
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
SMC / ICT / price action, Volatility & bands
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
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Require FVG | bool | true | require_fvg |
| Displacement Type | string | Open to Close | disp_type |
| Displacement Length | int | 100 | std_len |
| Displacement Strength | int | 4 | std_x |
| Bar Color | color | color.yellow | disp_color |
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 maps market structure and supply and demand zones on the price chart. It marks validated and optional unvalidated swing highs and lows using a pivot length and extra confirmation bars. Consolidation and impulse moves are measured against ATR to
This indicator overlays options gamma-exposure levels, session VWAP bands, and intraday market structure tools directly on the price chart. It provides three modular components: strike walls with standard deviation bands and opening ranges, a gamma regime engi
This Pine Script indicator overlays institutional liquidity levels on the price chart. It identifies order block levels using pivot highs and lows, then draws mean reversion lines from the 20 and 50 period simple moving averages, a volatility range midpoint pr
This indicator combines six trading tools into a single chart overlay to optimize indicator limits. It calculates Bollinger Bands, projects weekend price boundaries, plots market structure elements like order blocks, breaker blocks, and MSB lines, marks New Yo
This indicator combines Centered Triangular Moving Average (TMA) bands offset by Average True Range (ATR) with Smart Money Concepts (SMC) market structure analysis on the price chart. It calculates upper, center, and lower bands alongside swing and internal ma
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers