FVG ST/RE Detector The FVG ST/RE Detector is a powerful technical analysis tool designed to identify market structure and potential trading opportunities through Fair Value Gaps (FVG), Structure Transitions (ST), and Re-entries (RE).
What This Indicator Does: This indicator identifies and displays:
Fair Value Gaps (FVG): Areas where price has moved so quickly that it has left an imbalance in the market. These gaps represent potential areas where price may return to in the future.
Structure Transitions (ST): Points where the market structure changes from bearish to bullish or vice versa, signaling a potential trend change.
Re-entries (RE): Opportunities to enter the market in the direction of the prevailing trend after a pullback.
Leg Lines: Horizontal lines representing key structural movements in the market, helping traders visualize the market structure more easily.
How It Works: The indicator detects FVGs when price moves rapidly, creating gaps in market value. ST points are identified when the direction of FVGs changes from bearish to bullish or vice versa. RE points are identified when a new FVG forms in the same direction after a pullback. The indicator tracks and displays the number of consecutive leg lines in the current trend direction. Key Features: Customizable colors for bullish and bearish patterns Optional display of ST and RE labels Adjustable leg lines with multiple style options Statistics panel showing the number of legs in the current direction Alert system for new leg formations Mitigation tracking to identify when FVGs have been filled How to Use This Indicator: Look for ST points to identify potential trend changes Use RE points to find potential entries in the direction of the prevailing trend Monitor the number of legs to gauge trend strength Use FVGs as potential support and resistance areas Set alerts to be notified of new leg formations This indicator is suitable for all timeframes and markets, and can be used as part of a comprehensive trading strategy.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.