OPEN-SOURCE SCRIPT

PowerCandles - FVG

94
The FVG Body Highlighter is a high-visibility tool designed to identify institutional displacement and price imbalances in real-time. By focusing strictly on the Fair Value Gap (FVG) sequence, it isolates the exact moment "Smart Money" enters the market with enough force to leave an imbalance behind.

Core Functionality
Mechanical Detection: Automatically scans for the 3-candle FVG sequence where the wick of Candle 1 and the wick of Candle 3 fail to meet, leaving a "gap."

Body-Centric Highlighting: Unlike standard box-heavy indicators, this tool colors the entire body of the second candle (the displacement bar). This keeps your chart clean and highlights the force of the move rather than just the area.

Institutional Intent: It filters out noise by only marking candles that create a true structural gap, signaling that a significant buy or sell program has been initiated.

Strategic Use
Trend Confirmation: Use the body highlight as a "green light" that momentum has shifted in your direction after tapping a key institutional level.

Zero-Clutter Mapping: Because it highlights bars rather than drawing boxes into the future, it is perfect for traders who prefer a clean price action chart but want to catch every Fair Value Gap as it forms.

Confluence Entry: An A+ setup occurs when the FVG Body Highlighter triggers as price bounces off a PDH/PDL or Midnight Open level.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.