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FVG Lifecycle

by Swiftedge ◆ FOUNDER · Swiftedge Plus
◆ Swiftedge PlusBuilt into Depth
FVG Lifecycle on the live order book chart in Swiftedge Depth

What it shows

Fair value gaps from displacement through their life: shrinking as they fill, removed when filled and turned into inverted gaps when closed through, with the real delta that made each gap and the real orders inside it.

How to read it

A fair value gap is the space a strong candle leaves between the candles around it. The box shrinks as price fills it, disappears when it is filled and turns into an inverted gap when price closes through it. Each gap shows the real delta of the move that made it and the orders resting inside it.

What it can't tell you

Displacement is defined by size against ATR, so in quiet markets small gaps qualify more easily.

Settings in Depth

The defaults; every setting can be changed with the gear next to the indicator.

Gaps
Smallest gap (× ATR 14)0.15
Displacement: middle body ≥ (× ATR)0.6
Remove when filled bya wick through
Gaps closed through become inverted (iFVG)on
Merge gaps from the same impulseon
Real data
Real orders inside the gap nowon
Real delta that made the gapon
Who traded at the first touchon

FAQ

What is an inverted gap?

A gap that price closed through, which then acts from the other side.

Why does a gap shrink?

Price has traded into part of it, so only the untouched part is left.

How is this different from Fair value gaps?

Fair value gaps shows open gaps; FVG Lifecycle follows each gap's whole life with real delta and orders.

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