Anyone trading Fair Value Gaps?
- Thread starter mattmar10
- Start date
@mattmar10, your tool works perfectly, loving it.
Hi @mattmar10 I would love to try this indicator! I sent you a DM. Thanks!!
Can I get a copy as well?
mikrom
Active member
- Joined
- Dec 14, 2022
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FVGs are essentially the same thing as single prints. I have been able to print them by using just the built-in TPO study in MotiveWave (with everything except single prints hidden)
The result is not perfect and you will have to play around with the settings, but maybe this will be useful to some people.
Setting the TPO sub interval to the chart timeframe and the TPO timeframe to sub interval multiplied by 6 seems to work quite well, but I haven't tested it that much. Tick interval will depend on the asset and timeframe.
The result is not perfect and you will have to play around with the settings, but maybe this will be useful to some people.
Setting the TPO sub interval to the chart timeframe and the TPO timeframe to sub interval multiplied by 6 seems to work quite well, but I haven't tested it that much. Tick interval will depend on the asset and timeframe.
Also, FVG very often coincides with Low Volume Nodes on 30-50 days volume profile.
Thanks for the tip... I wish I had seen it earlier... lost some days trying to built FVG detector but I need it any way just to use it for an automated strategy...
I am still working in FVG detector study (with AI help) so to include shrinkage option when partial fill...
For now I have included as user options
1. Lookback bars
2. labels for FVG range height and boundary levels as well as
3. marks when it has been partially or fully invalidated with options to show the invalidated FVGs or not..
I have attached two samples ...
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Hi @mattmar10 , can I get a copy of the FVG indicator as well? I will send you a DM. Thanks in advance!