Detects three-candle imbalances and tracks mitigation.
Fair Value Gap Mapper highlights bullish and bearish three-candle imbalances, extends them until price trades back into them, and shows how much of each gap has been filled.
A bullish fair value gap exists when candle 3's low is above candle 1's high. The gap is the price range between them. A bearish gap mirrors this.
A gap is partially mitigated when price trades into it and fully mitigated when price trades through its far edge. Mitigation can be measured by wick or by close.
| Setting | Default |
|---|---|
| Minimum size | 0.25 × ATR(14) |
| Mitigation source | Wick |
| Max gaps shown | 10 |
Many gaps are filled without any meaningful reaction. The filter reduces clutter, but it does not rank gaps by quality.
Indicators describe price data; they do not predict future prices or guarantee results. Test any tool against your own journal before relying on it.
Market Structure · v2.3
ProInternal and external structure, CHoCH and strong/weak highs and lows.
Public script — free to add to any TradingView chart.
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