OPEN-SOURCE SCRIPT
Smart Money Concept: FVG Block Filter
Smart Money Concept: FVG Block Filter (FVG Block Range vs N Range) with Candle Highlighter
Summary:
Smart Money Concept (SMC): An advanced indicator designed to visualize and filter Fair Value Gaps (FVG) blocks based on their size (Range) compared to the preceding N Range candle movement. It also includes a customizable Candle Highlighter function that marks the specific candle responsible for creating the FVG. The indicator allows full color customization for both blocks and the highlighter, and features clean, label-free charts by default.
Key Features:
FVG Block Detection: Automatically identifies and groups sequential FVG imbalances to form consolidated FVG blocks.
FVG Block Filtering (N Range): Filters blocks based on a user-defined rule, comparing the block's size (Range) to the range of the preceding N candles (e.g., requiring the FVG block to be larger than the range of the previous 6 candles).
Customizable Candle Highlighter: Marks the central candle (B) within the FVG structure (A-B-C) to highlight the source of the price imbalance. Highlighter colors are fully adjustable via inputs.
Visualization Control: Labels are turned OFF by default to keep the chart clean but can be easily enabled via the indicator settings.
Full Color Customization: Allows independent customization of Bullish and Bearish FVG Block colors, Block Transparency, and Bullish/Bearish Highlighter colors.
Keywords:
Smart Money Concept, SMC, Fair Value Gap, FVG, Imbalance, Block Filter, Candle Highlighter, Range.
Summary:
Smart Money Concept (SMC): An advanced indicator designed to visualize and filter Fair Value Gaps (FVG) blocks based on their size (Range) compared to the preceding N Range candle movement. It also includes a customizable Candle Highlighter function that marks the specific candle responsible for creating the FVG. The indicator allows full color customization for both blocks and the highlighter, and features clean, label-free charts by default.
Key Features:
FVG Block Detection: Automatically identifies and groups sequential FVG imbalances to form consolidated FVG blocks.
FVG Block Filtering (N Range): Filters blocks based on a user-defined rule, comparing the block's size (Range) to the range of the preceding N candles (e.g., requiring the FVG block to be larger than the range of the previous 6 candles).
Customizable Candle Highlighter: Marks the central candle (B) within the FVG structure (A-B-C) to highlight the source of the price imbalance. Highlighter colors are fully adjustable via inputs.
Visualization Control: Labels are turned OFF by default to keep the chart clean but can be easily enabled via the indicator settings.
Full Color Customization: Allows independent customization of Bullish and Bearish FVG Block colors, Block Transparency, and Bullish/Bearish Highlighter colors.
Keywords:
Smart Money Concept, SMC, Fair Value Gap, FVG, Imbalance, Block Filter, Candle Highlighter, Range.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.