PTZ Smart FVG
PTZ Smart FVG
Automatic Fair Value Gap detection for NinjaTrader 8. Finds institutional imbalances, tracks wick touches and mitigations, and highlights the most recent inverse FVG — all directly on your chart.
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What Is a Fair Value Gap?
A Fair Value Gap (FVG) is a three-candle displacement pattern where a strong middle candle leaves an imbalance between the wick of the first and third candles. These zones represent areas where price moved too fast — institutions tend to return to fill them, making FVGs high-probability reaction areas.
Gap between candle 1 high and candle 3 low. Price left an unfilled zone to the upside — potential support on retest.
Gap between candle 1 low and candle 3 high. Price left an unfilled zone to the downside — potential resistance on retest.
Features
Auto FVG detection — bullish and bearish gaps detected on every bar close
Wick touch detection — zone changes color when price wicks into it but closes outside (zone still active)
Mitigation tracking — zone is automatically removed when price closes through it
Inverse FVG — highlights the most recently mitigated zone in a separate color (the “used” FVG that often acts as future S/R)
Fully customizable — colors, gap size, body filter, max zones per side, lookback bars
Works on any instrument and timeframe — NQ, ES, MNQ, MES, stocks, forex
Settings
| Parameter | Default | Description |
|---|---|---|
| FVG Gap (ticks) | 1 | Minimum gap size in ticks to qualify as an FVG |
| Min Body Size (ticks) | 0 | Minimum body size of the middle candle — filters doji bars |
| Max Active Per Side | 10 | Max number of active zones displayed per direction |
| Lookback Bars | 500 | How far back to look for FVGs (0 = unlimited) |
| Bullish / Bearish Color | Green / Red | Zone outline color for active FVGs |
| Wick Touch Color | Gray | Color when price wicks into the zone but doesn’t close through it |
| Zone Opacity | 8 | Fill opacity of the zone (0 = outline only) |
| Show Inverse FVG | On | Show the most recently mitigated FVG zone |
| Inverse FVG Display Bars | 100 | How many bars to keep the inverse FVG visible after mitigation |
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