Smart Scanners › Fair value gaps
Fair value gap formed
A three-bar imbalance just completed its third bar: the middle bar ran far enough that the outer two do not overlap. Only gaps of at least one ATR are shown.
What it looks like on a chart
A shaded band between the two edges of the gap, extended forward.
| Timeframe | Bars of history it reads | Settings | Events, last 30 days |
|---|---|---|---|
| M15 | 120 | three-bar gap, at least 1 ATR(14) | 512 |
| M30 | 120 | three-bar gap, at least 1 ATR(14) | 272 |
| H1 | 120 | three-bar gap, at least 1 ATR(14) | 131 |
| H4 | 120 | three-bar gap, at least 1 ATR(14) | 46 |
| D1 | 120 | three-bar gap, at least 1 ATR(14) | 7 |
Related scanners
- FVG touched the same gap once price returns to its near edge, marked as its own event
- FVG inverted what becomes of one of these gaps when price closes through it against its bias
- Order block the last candle closing against that move, drawn as a zone
- MSS the structure shift that fires only when one of these gaps is present