How this indicator works: It detects two types of FVGs:
Bullish FVG: Occurs when the low of the current candle is higher than the high of the candle from 2 bars ago (creates an upward gap)
Bearish FVG: Occurs when the high of the current candle is lower than the low of the candle from 2 bars ago (creates a downward gap)
Features: Allows users to toggle both bullish and bearish FVG detection independently Customizable colors for both bullish (default green) and bearish (default red) FVGs
Visualizes FVGs using: Boxes that highlight the gap area (with 80% transparency) Labels that mark each FVG ("Bull FVG" or "Bear FVG")
Visual representation: Bullish FVGs are marked with green boxes and downward-pointing labels Bearish FVGs are marked with red boxes and upward-pointing labels
This indicator can be useful for: Identifying potential areas where price might return to Finding potential support and resistance zones Understanding market structure and momentum shifts