Main Features
Fair Value Gaps Indicator for TWM Trading Platform
TWM
Extensions
INDICATOR
Fair Value Gaps
Aim for the Fills
Indicators
Spot the imbalance. Map the intent.
Fair Value Gaps turns raw price motion into a living map of opportunity—clean boxes, precise rules, zero fluff. It detects the classic three-bar gap and paints it on your chart with exactly the control you want: set min/max size in %, choose colors and opacity, and decide how long each box should live. Keep gaps on the canvas for their full lifetime until they’re jammed by price, trim them at the end of the session, or run them for a fixed number of bars. Your context, your cadence.
Why it hits different: the zones you care about stay visible, the noise fades, and the chart breathes. Fresh imbalances pop; stale ones gracefully retire. You can bias for fills (mean-reversion into the box) or respect bounces (rejections at the boundary) without clutter or second-guessing. It’s not about making things look easy—it’s about giving you control, clarity, and speed when the tape gets fast.
Dial in the thresholds. Pick your palette. Let the boxes extend and do their quiet work. When price revisits the gap, the completion is automatic—no manual cleanup, no visual mess. The result is a crisp, confidence-ready overlay that keeps attention exactly where it belongs: on the imbalances that still matter.
Description
Fair Value Gaps (FVG) automatically detects the classic three-candle imbalance (up or down) and draws a box across subsequent bars. You decide which gaps matter by setting Min/Max gap size in %, choosing colors and opacity for up/down contexts, and selecting a lifetime mode—keep the box alive until it’s filled by price, stop it End-of-Day, or limit it to a fixed number of Bars. When a gap is “jammed” (price trades back into it), the box completes and stops extending, keeping the view uncluttered.
Practical ideas (education-only):
- FVG Fill (mean-reversion into the gap)
- Look for price returning into a recently created gap. Consider entries as price re-enters the box and shows confirmation (e.g., lower-timeframe structure shift). Common exit ideas: the opposite side of the box or a nearby swing. Protective stops are often placed just beyond the far edge of the box. Consider filtering by a larger-timeframe bias; take fills with the prevailing direction more often than against it.
- FVG Bounce (respecting the gap boundary)
- Treat the near edge of an unfilled gap as potential support/resistance. If price tags the boundary and rejects, consider a bounce idea with a stop a tick beyond the other side of the box, and targets at recent structure levels. Confluence helps: session timing (e.g., RTH), higher-TF trend, and overlapping imbalances can increase conviction.
- Management cues
- Prioritize fresh gaps (fewer bars since creation) and those still in Lifetime mode; gaps that survive multiple tests may be more meaningful. Avoid visual overload by tightening Min Gap % to your instrument’s volatility
(Parameters exposed in the tool include: Min Gap %, Max Gap %, Life Mode = Lifetime / EndOfDay / Bars with Bars Life, Box Color Up/Down, and Opacity %. Boxes render within the visible candle range for responsiveness. Price fill completion uses high/low crossing logic per direction.)
Configurable Gap Size (in %)
Filter out noise by setting minimum and maximum gap size in percent—only meaningful imbalances are drawn.
Three Lifetime Modes
Keep gaps for their lifetime until price fills, stop at End-of-Day, or limit to a fixed Bars Life count—your rules, your timing.
Auto-Complete on Fill
As soon as price trades back through the gap boundary, the box completes and stops extending, reducing clutter.
Clear, Custom Visuals
Choose separate colors for up/down gaps and set opacity; drawing is clipped to the visible range for a crisp overlay.
Media
FAQ
Do you have any more questions about our Extension? Let's see if we already have the answer.
Please read the FAQ below.
What exactly counts as a Fair Value Gap here?
A three-bar imbalance where price leaves a “window” between bar 0 and bar 2. The tool detects both bullish and bearish gaps and draws a box across subsequent bars.
When does a gap mark as completed?
When price trades back into the gap: for down-gaps, a low crossing the lower edge; for up-gaps, a high crossing the upper edge. The box then stops extending.
What lifetime options are available?
Lifetime (until filled), End-of-Day (stop at session change), and Bars (a fixed bar count via Bars Life).
Can I control how many and which gaps show?
Yes—use Min Gap % and Max Gap % to restrict drawings to your preferred size band.
Can I style the boxes?
You can set Box Color Up (Long), Box Color Down (Short), and Opacity % to fit your chart theme.
Is it light on performance?
Yes—rendering is clipped to the chart’s visible candle range and brushes are prebuilt for efficiency.
Still have a question?
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Access Options
Choose how you want to access this extension.
Extensions in TWM can be accessed in several ways, depending on the extension and your needs. Some are free, some are included with a TWM subscription, and others are available through time-based, lifetime, or open-source access options.
Time-based access does not renew automatically, lifetime access has no expiration, ecosystem access remains active while your subscription is active, and open-source access provides full source code ownership. All extensions are used inside the TWM desktop platform.
Ecosystem Access
Included with a TWM subscription
- Available as part of the TWM ecosystem
- Access remains active while your TWM subscription is active
- No separate purchase for this extension required
This extension is available inside the TWM desktop platform
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