ICT Fair Value Gap

[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]

Thank you..Great work..

[Mattnz]

gemify yes that looks great thanks!

[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?

[morong0414]

Fantastic. Thank you!

[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.

[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.

[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.