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Date/Time: Sat, 19 Apr 2025 10:46:58 +0000



Post From: Fair Value Gap indicator

[2025-02-07 20:26:43]
User676363 - Posts: 82
FVG's are 3 bar patterns, so with the current implementation you will only see a highlight occur covering one candle as it closes.
If your candles are really tiny, then perhaps that is what is causing you a problem?
You can make them bigger and wider and then you will see it clearly.


If you want to modify the code, I'd suggest taking the open source and putting into aistudio.google.com or some similar tool and asking it to give you some ideas.
It can do a good job of modifying and creating code so you can probably build whatever you need for your situation yourself.
If you want to help it a little, you can download the sierrachart documentation and include it in the conversation and it will use that information to give you the right code the first time.

Some other thoughts:

Perhaps you would prefer an audio alert for candles that can form FVGs, candles that complete a FVG, candles that enter a FVG (for an IOFED entry perhaps), and candles that fill a FVG.
Perhaps, once you have some experience, you will see situations where a FVG is going to form. You don't need to wait for the next candle to form and close to see that it will obviously create a FVG.

You can draw these yourself by using OHLC, Extended rectangles, or horizontal rays live while the 3-bar pattern is forming and then you don't even need the FVG "indicator".
It is a nice tool for backtesting, but if you are on the hard-right edge of the chart, I don't really use it there. That's where the trader enters the scene and trades what he sees.
No indicators needed for ICT's methods.