Fair Value Gap (FVG & iFVG) Tool

The Fair Value Gap Tool is a visual indicator that automatically plots FVGs (Fair Value Gaps) and inverted gaps (iFVG) on your chart. It reads three consecutive candles to find where price jumped and left an unfilled area, then draws each gap as a rectangle and keeps its status updated as the market moves.

It does more than just box the gaps. Every zone carries a full lifecycle. A gap goes from fresh, to touched, to filled, to invalidated, and after invalidation it can flip into support or resistance as an iFVG. Each step changes the zone's color and label, so you can tell at a glance whether a zone is still worth watching.

What it shows you

• Detects bullish and bearish gaps automatically with the three-candle rule, no manual drawing
• Separates each gap by its current status: fresh, touched, filled, or invalidated
• Tracks the inverted gap (iFVG) after invalidation, including its retest and rejection

How to use it

• The rectangle color and label tell you which stage a zone is in, so you can line it up with your own entry plan
• Optional ATR displacement filter keeps only gaps with a strong enough move and screens out noise
• Built-in alerts for multiple events (new gap, first touch, fill, inversion and more) via popup, sound, push, or email
• Old, expired, and filled zones are cleaned up automatically so the chart stays readable over time