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Elev8+ Trading

FVG Indicator

TradingView Fair Value Gaps: Identify and Review Zones

A fair value gap describes a three-candle price imbalance. Learn how to review its location and later price reaction without assuming the gap must fill.

By Elev8+ Trading · Educational guide · 2 min read

FVG indicator example

Fair value gap chart example with imbalance context.

What You Will Learn

Start with these essentials

  • Not all FVGs are equal.
  • Bias and location should lead decisions.
  • Confirmation reduces low-quality entries.

Who This Is For

  • Traders using TradingView who want confluence and structure, not single-signal guessing.
  • Indicator users who need a repeatable setup checklist they can journal.
  • Futures traders learning to connect market conditions, price levels, and entry rules.

Before You Use This Guide

  • Indicators do not remove the need to manage risk.
  • Signals still need to be checked against price levels and market conditions.

The Problem This Guide Helps You Solve

Not every gap is relevant to the current trade idea, and some never fill. Define which gaps matter and how you will evaluate a retest.

FVG Decision Process

Work through these checks in order. The examples explain a process; they are not instructions to place a trade.

1. Directional Bias

Define preferred direction before evaluating FVG reactions.

2. Gap Quality

Prioritize FVGs near session levels or structure transitions.

3. Confirmation

Require reaction evidence before deploying risk.

FVG Futures Scenarios

Trend Pullback into FVG

Context-aligned retrace into FVG confirms continuation opportunity.

Countertrend FVG Failure

Opposing-context gap fails and is filtered out as low quality.

Common Execution Mistakes To Avoid

  • Treating every FVG as actionable.
  • Skipping directional filters.
  • Using discretionary stops with no invalidation logic.

How Elev8 uses FVG in context

Use the Elev8+ walkthrough to review how the chart tools fit together. Compare the displayed zones with your own rules for location, retests, and invalidation.

Related Guides

Further Reading

About this guide

Published by Elev8+ Trading to explain trading concepts and our products. Elev8 sells the tools linked here; these guides are not independent product rankings or personalized financial advice. Chart examples illustrate a process, not audited trading results.

Dates identify substantive content updates, not a claim of independent expert review. Check current exchange, broker, and prop-firm rules before relying on a calculation. Ask a question or report a correction.

Next Step

Want to learn how these indicators work together?

Watch the indicator demo to see the tools used together. For more guidance before choosing a plan, get the free indicator lessons by email.

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Indicator examples and walkthroughs

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