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Hi All, I created the an indicator to plot the Fair Value Gaps on intraday charts (mainly 1, 2, 3 min charts). I have everything working as you can see the magenta or green plot lines where the gaps are however I am not able to figure out the following; 1) I can't get the cloud to plot for each of the gaps 2) Once I get the cloud on the chart, I want the cloud to continue to be reduced when
A Fair Value Gap is an imbalance in the market. It takes place in a series of 3 candles when the middle candle gaps up or down. This signals strong buying or selling pressure in the direction of the gap. You can see exactly what this looks like illustrated in the drawing below. Fair Value Gap Example.
Fair value atau nilai wajar adalah harga yang ditetapkan untuk suatu aset atau produk yang dihasilkan seandainya dijual di pasar bebas saat ini. Dalam trading, fair value digunakan untuk menetapkan harga wajar suatu saham.
The 'Gap Factor' value will determine the size of the Fair Value Gap and it is preset to a value of '1'. In order for the indicator to highlight smaller Fair Value Gaps, simply utilize a decimal value. In the image below, a Gap Factor of .25 was used to achieve greater granularity and discover smaller Fair Value Gaps that exist on the
Market Risk is the risk of an investment losing its value due to various economic events that can affect the entire market. The main types of market risk include: Equity Risk: This risk pertains to the investment in the shares. The market price of the shares is volatile and keeps on increasing or decreasing based on various factors.
Open sell trade. Draw a bearish order block on the chart. Wait for the price to return to the bearish order block, creating a bearish pin bar. Enter the trade after the formation of the pin bar. Set your stop-loss at the high of the bearish order block. Set your TP at the closest bullish order block you see.
