OPEN-SOURCE SCRIPT

Overlapping FVG - [Fandesoft Trading Academy]

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🧠 Overview
This script plots Higher Timeframe Fair Value Gaps (FVGs) with full visibility and precise placement on lower timeframe charts. Each timeframe (30s–15m) has its own independent toggle, custom label, and box styling, allowing traders to analyze market structures in detail.

🎯 Features

✅ Identifies Fair Value Gaps using a 3-candle logic (candle 1 high vs candle 3 low, and vice versa).
✅ Plots HTF FVG boxes aligned to lower timeframes for intraday analysis.
✅ Supports custom timeframes: 30s to 15m, with individual toggles.
✅ Full visual customization: border color, bullish/bearish box opacity, label font size and color.
✅ Modular inputs to enable or disable specific timeframes for performance.
✅ Uses barstate.isconfirmed logic for stable, non-repainting plots.

⚙️ How It Works
The script requests higher timeframe data via request.security. For each confirmed bar, it checks for FVGs based on:

Bullish FVG: low >= high[2]

Bearish FVG: low[2] >= high

If a gap is detected, a box is plotted between candle 1 and candle 3 using box.new().

Timeframe toggles ensure calculations remain within the limit of 40 request.security calls.

📈 Use Cases

Scalpers and intraday traders analyzing microstructure.

ICT methodology practitioners visualizing displacement and inefficiencies.

Traders layering multiple FVG timeframes for confluence.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.