PROTECTED SOURCE SCRIPT
Volume FVG | Liquidity Gaps + (Z-Core Edition)
📘 Indicator Description — Volume FVG Pro+
Volume FVG Pro+ is a technical analysis tool designed to automatically detect and visualize Fair Value Gaps (FVG) on the chart. It incorporates volume-based and ATR-based filtering to highlight only meaningful zones while reducing market noise.
⚙️ How It Works:
FVG Detection:
Identifies gaps between candles that may indicate institutional activity or imbalance.
Supports two types:
Regular FVG — all price gaps.
Volume FVG — gaps with abnormally high volume, calculated via Z-Score (relative to volume average).
ATR Filtering:
Filters out insignificant price gaps using Average True Range (ATR).
Helps show only zones with strong volatility behavior.
Mitigation Logic:
Zones are marked as mitigated (deactivated) when price retraces into them.
Mitigation can be detected by wick or close, with configurable depth percentage.
Zone Extension:
Active zones automatically extend forward until they are mitigated.
Display Options:
Fully customizable:
Bullish/Bearish coloring.
Opacity and box length.
Toggle labels and outlines.
🛠️ Settings Overview:
Z-Score Thresholds — for volume-based FVG detection.
ATR Multiplier — volatility sensitivity.
Mitigation Depth (%) — defines how deep price must retrace to deactivate a zone.
Display Options — full control over how zones appear on the chart.
📌 Why Use Volume FVG:
These gaps often represent footprints of large participants.
They are statistically more likely (15–20%) to hold price and act as reaction zones compared to regular FVGs (based on internal analysis).
Useful for identifying entry/exit areas and refining market structure analysis.
👤 Best For:
Smart Money / Order Flow / Liquidity-based traders.
Intraday and swing traders using price reaction and volume cues.
Anyone seeking clear and efficient FVG detection with filtering.
Volume FVG Pro+ is a technical analysis tool designed to automatically detect and visualize Fair Value Gaps (FVG) on the chart. It incorporates volume-based and ATR-based filtering to highlight only meaningful zones while reducing market noise.
⚙️ How It Works:
FVG Detection:
Identifies gaps between candles that may indicate institutional activity or imbalance.
Supports two types:
Regular FVG — all price gaps.
Volume FVG — gaps with abnormally high volume, calculated via Z-Score (relative to volume average).
ATR Filtering:
Filters out insignificant price gaps using Average True Range (ATR).
Helps show only zones with strong volatility behavior.
Mitigation Logic:
Zones are marked as mitigated (deactivated) when price retraces into them.
Mitigation can be detected by wick or close, with configurable depth percentage.
Zone Extension:
Active zones automatically extend forward until they are mitigated.
Display Options:
Fully customizable:
Bullish/Bearish coloring.
Opacity and box length.
Toggle labels and outlines.
🛠️ Settings Overview:
Z-Score Thresholds — for volume-based FVG detection.
ATR Multiplier — volatility sensitivity.
Mitigation Depth (%) — defines how deep price must retrace to deactivate a zone.
Display Options — full control over how zones appear on the chart.
📌 Why Use Volume FVG:
These gaps often represent footprints of large participants.
They are statistically more likely (15–20%) to hold price and act as reaction zones compared to regular FVGs (based on internal analysis).
Useful for identifying entry/exit areas and refining market structure analysis.
👤 Best For:
Smart Money / Order Flow / Liquidity-based traders.
Intraday and swing traders using price reaction and volume cues.
Anyone seeking clear and efficient FVG detection with filtering.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.