Back to Library

Fair Value Gap Marker

Smart Money

Identifies and draws Fair Value Gap (FVG) zones on the chart, distinguishing between filled and unfilled gaps.

How It Works

A Fair Value Gap occurs when there is a gap between the high of the candle two bars ago and the low of the current candle (bullish FVG), or between the low of the candle two bars ago and the high of the current candle (bearish FVG). The indicator draws box zones for each FVG and monitors whether price returns to fill the gap. Filled gaps change color to help you see which levels have already been tested.