ICT Fair Value Gap

[morong0414]

@gemify

Hi, thank you so much for creating the indicator in NT8. Just wonder when will the fair value gap close in the chart? Initially, I thought the red color will disappear once the gap had been filled completely, but it turned out it is not as per below. Or does it need to close above it? Thanks.

[gemify]

Hi morong0414, the original version marks the fair value gap as filled only when a bar closes through it. It leaves the FVG open if bars pierce it but cannot close through the gap.

I just submitted an updated version that has the following:

• FVG fill condition options:
  • Mark gap as filled if price closes through (current behavior) or
  • Mark gap as filled if price pierces through, even if price doesn't close through.
• Option to display/hide filled FVGs
• Configurable opacity for both active and filled gap colors

The updated version should be available on the NT ecosystem soon. I've attached the updated version in a subsequent post for convenience.

[Mattnz]

Thanks for the update gemify. Is it possible to have the gaps terminate, but not disappear, when the gap is filled in the same way as they start. It seems that currently, the only options available are to either:
a) have it continue (even if less opacity, including less opacity before it was filled); or
b) remove entirely

Neither are ideal for backtesting, however having them stop on the chart when filled will make backtesting simple, to see if a trade would have been filled at this level, then determine if it would have been stopped out after that.

[morong0414]

Fantastic. Thank you!

[gemify]

Thanks for the update gemify. Is it possible to have the gaps terminate, but not disappear, when the gap is filled in the same way as they start. It seems that currently, the only options available are to either:
a) have it continue (even if less opacity, including less opacity before it was filled); or
b) remove entirely

Neither are ideal for backtesting, however having them stop on the chart when filled will make backtesting simple, to see if a trade would have been filled at this level, then determine if it would have been stopped out after that.

Mattnz, do you mean like this?

[Mattnz]

gemify yes that looks great thanks!

[Robertoxgiam]

Thank you..Great work..

[Robertoxgiam]

Hi Gemify,
I enjoy your indicator and thank you for your help.
I have an issue saving the indicator onto my charts on NT8. Every time I close the program, it doesn't save the indicator. I have to reload the FVG onto my charts. I tried to remove it from the Script editor and cleared my cache and reloaded but it still doesn't save. The last indicator works. Can you assist? If not, I can you the previous version.

Thank you
Rob

[Robertoxgiam]

Mattnz, do you mean like this? I've attached the updated version to this post.

Hi Gemify,
I enjoy your indicator and thank you for your help.
I have an issue saving the indicator onto my charts on NT8. Every time I close the program, it doesn't save the indicator. I have to reload the FVG onto my charts. I tried to remove it from the Script editor and cleared my cache and reloaded but it still doesn't save. The last indicator works. Can you assist? If not, I can you the previous version.

Thank you
Rob

[Mattnz]

I have the same issue as Rob, otherwise it is working great! Really appreciate your work!

[gemify]

Thanks for letting me know. I've fixed the underlying error - the fixed version is attached in this post. I'll post it to the ecosystem soon. Happy Thanksgiving y'all!

[Robertoxgiam]

Thank you Gemify,

I'll back-test it. I'll let you know if there are any other bugs.

Have a nice Thanksgiving.

[RDT3304]

hey yall, do we need to install the ATR.cs file as well? When I try to import into NT it asks if I want to replace the ATR.cs already installed...

[abctrader]

Thx 4 sharing this indicator. Was gonna write one myself and you provided a great framework to start from. Cheers and God bless you real good

[Milton Menendez]

hello gemify, very good indicator, thanks for sharing, I just have a question, because if I use a time frame above 4 minutes, it stops marking the FVG, I can only use it from 4 minutes down, as I indicated, just a doubt, greetings, and thanks again.