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From TradersList Editors
Boost your trading precision by using this NinjaTrader indicator to identify fair value gaps with directional accuracy and time range limits.
Boost your trading precision by using this NinjaTrader indicator to identify fair value gaps with directional accuracy and time range limits.
Fair Value Gap Indicator for NinjaTrader: ICT-Style FVG Detection with Time Range Filters
Fair Value Gap Indicator for NinjaTrader: ICT-Style FVG Detection with Time Range Filters

by zacharydw00 on NinjaTrader

by zacharydw00 on NinjaTrader
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Fair Value Gap (ICT) is a NinjaTrader Indicator that detects market imbalances, more specifically fair value gaps. In this implementation, FVG bars are required to align in trend direction and restricted on specific conditions like Silver Bullet criteria being met or regular trading hours being on.
Fair Value Gap (ICT) is a NinjaTrader Indicator that detects market imbalances, more specifically fair value gaps. In this implementation, FVG bars are required to align in trend direction and restricted on specific conditions like Silver Bullet criteria being met or regular trading hours being on.

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This indicator is available on NinjaTrader charting platform. Signing up for a free account and downloading NinjaTrader software is required.

Get on NinjaTrader
This indicator is available on NinjaTrader charting platform. Signing up for a free account and downloading NinjaTrader software is required.
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Open Source
Listing has publically available source code that can be audited and modified as needed.
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Open Source
Listing has publically available source code that can be audited and modified as needed.
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Free Access
All features of this listing are fully free to use with no pricing tiers. Simply start using.
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Free Access
All features of this listing are fully free to use with no pricing tiers. Simply start using.
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Robust Theory
Concepts and theories mentioned in listing are based on generally approved and well established notions.
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Robust Theory
Concepts and theories mentioned in listing are based on generally approved and well established notions.
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Popular Topic
Concepts and theories mentioned in listing are popular topics in web search
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Popular Topic
Concepts and theories mentioned in listing are popular topics in web search
Published by zacharydw00 on NinjaTrader
Published by zacharydw00 on NinjaTrader
Fair Value Gaps as Market Imbalances
A fair value gap forms when a strong price move creates a three-candle structure where the wicks of the first and third candles do not overlap. This gap represents an imbalance - orders were so one-sided that price left behind inefficient pricing that the market often returns to fill later.
Trend-Aligned Detection
This implementation requires FVG bars to align with the prevailing trend direction, filtering out counter-trend gaps that are less reliable. A bullish FVG forming during an uptrend has higher fill probability than one forming against the trend - this alignment improves signal quality significantly.
Fair Value Gaps as Market Imbalances
A fair value gap forms when a strong price move creates a three-candle structure where the wicks of the first and third candles do not overlap. This gap represents an imbalance - orders were so one-sided that price left behind inefficient pricing that the market often returns to fill later.
Trend-Aligned Detection
This implementation requires FVG bars to align with the prevailing trend direction, filtering out counter-trend gaps that are less reliable. A bullish FVG forming during an uptrend has higher fill probability than one forming against the trend - this alignment improves signal quality significantly.
Silver Bullet and RTH Filtering
Additional restrictions like the Silver Bullet time window and regular trading hours filtering ensure gaps are detected during the most liquid and relevant market periods. Gaps forming during thin overnight sessions or outside key algorithmic windows are excluded to maintain signal integrity.
Trading the Gap Fill
The primary strategy is to enter when price returns to fill the gap, anticipating a continuation in the original impulse direction. For example, a bullish FVG at $100 after a rally to $105 becomes a buy zone if price pulls back to that level - the gap acts as a high-probability support area.
Silver Bullet and RTH Filtering
Additional restrictions like the Silver Bullet time window and regular trading hours filtering ensure gaps are detected during the most liquid and relevant market periods. Gaps forming during thin overnight sessions or outside key algorithmic windows are excluded to maintain signal integrity.
Trading the Gap Fill
The primary strategy is to enter when price returns to fill the gap, anticipating a continuation in the original impulse direction. For example, a bullish FVG at $100 after a rally to $105 becomes a buy zone if price pulls back to that level - the gap acts as a high-probability support area.
Simple detection of volume nulls
Simple detection of volume nulls
A fair value gap forms when strong price moves create a three-candle structure where wicks of the first and third candles do not overlap. This implementation requires FVG bars to align with trend direction for higher reliability.
A fair value gap forms when strong price moves create a three-candle structure where wicks of the first and third candles do not overlap. This implementation requires FVG bars to align with trend direction for higher reliability.
Simplify Imbalance Detection
Trend-aligned detection filters out counter-trend gaps that are less reliable. A bullish FVG in an uptrend has higher fill probability.
Locate Order Imbalance Zones
Silver Bullet and RTH filtering ensures gaps are detected during the most liquid market periods. Overnight gaps are excluded for signal integrity.
Define Natural Pullback Targets
The primary strategy enters when price returns to fill the gap, anticipating continuation. The gap acts as a high-probability support or resistance.
Common Questions About Fair Value Gaps in ICT Trading
Common Questions About Fair Value Gaps in ICT Trading
Fair Value Gaps represent price imbalances where buying and selling were not in equilibrium, creating zones price often revisits. These questions address identification, trading and common confusion points around FVGs.
Fair Value Gaps represent price imbalances where buying and selling were not in equilibrium, creating zones price often revisits. These questions address identification, trading and common confusion points around FVGs.
How do I identify a valid Fair Value Gap on the chart?
An FVG forms when a strong candle creates a gap between the high of the first candle and the low of the third candle in a sequence. The middle candle must be impulsive enough that wicks do not overlap. This unfilled space represents an imbalance the market may revisit.
Do all Fair Value Gaps get filled and how long should I wait?
Not all FVGs fill. Strong trend gaps may remain open as the market does not return to rebalance. Higher timeframe FVGs have more magnetic pull than lower timeframe gaps. If price moves significantly past the gap without returning, it may remain unfilled indefinitely.
How do I trade the retest of a Fair Value Gap?
Wait for price to return to the FVG zone and show rejection through wicks or reversal candles. The entry is typically at the midpoint or edge of the gap with stops beyond the opposite side. Look for FVGs that align with market structure and higher timeframe direction.
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Web sentiment
Web sentiment
Traders on the web feel positive about the Fair Value Gap ICT indicator for NinjaTrader, appreciating its simplicity, improvements, and community engagement.
Traders on the web feel positive about the Fair Value Gap ICT indicator for NinjaTrader, appreciating its simplicity, improvements, and community engagement.
Source: Online Discussion
Source: Online Discussion
Source: Online Discussion
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TradersList Reviews (5)
TradersList Reviews (5)
TradersList Community has given this listing four stars, indicating a well trusted listing with great utility value. This listing is one of the better ones on TradersList.
TradersList Community has given this listing four stars, indicating a well trusted listing with great utility value. This listing is one of the better ones on TradersList.
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Source: TradersList Reviews

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