FVG Instantaneous Mitigation Signals
By LuxAlgoJul 16, 2024
FVG Instantaneous Mitigation Signals is an indicator on Vela, our next-generation charting platform, written in Pine Script®.
The FVG Instantaneous Mitigation Signals indicator isolates one specific event: a fair value gap that price fills just one bar after it forms. That immediate fill flips the read (a bearish gap mitigated instantly produces a bullish signal, and a bullish gap mitigated instantly produces a bearish one), and every signal can be framed with take-profit, stop-loss, and trailing-stop levels.
How to Trade the FVG Instantaneous Mitigation Signals?
- Bullish signal: a bearish gap is mitigated on the bar after it forms; sentiment is read as flipping upward.
- Bearish signal: a bullish gap is mitigated one bar after forming, flipping the read downward.
- Highlighted gap and average level: each area is shaded and its average level extends until price reaches it from the side opposite the gap's bias, a ready support or resistance reference.
- TP/SL areas: zones begin at the mitigated gap's average level and extend by a user-set number of ATRs; larger multipliers suit longer-horizon moves.
Rapid fills suggest a market intent on resolving imbalances, often overcorrecting into new ones, the feedback loop these signals lean on. A trailing stop loss rounds out the toolkit: it advances as price makes new highs or lows and can restart on every signal or only when an opposite-bias signal appears, so an aligned signal keeps the existing stop.
FVG Instantaneous Mitigation Signals Settings
- FVG Width Filter: sets a minimum gap width; higher values keep only the more volatile gaps and thin out signals.
- TP Area / SL Area: toggle the take-profit and stop-loss zones drawn on new signals.
- Multiplier: one per zone (TP, SL, and trailing stop), controlling distance in ATR units. Higher pushes the level further from price.
- Reset Trailing Stop: choose "Every Signals" or "Inverse Signals" to control when the trailing level restarts.
Frequently Asked Questions
Free to use
Run it on Vela. Go further with a paid plan.
- Up to 500 Custom Alerts, with webhook automation
- Up to 10× the chart history of Free
- Orderflow lookback up to full history
- More Quant usage to customize it, plus extra usage when you need it
- Futures data alongside crypto, stocks, forex and commodities
Also works on
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All 39 Fair Value Gap indicatorsRun it on Vela. Make it yours with Quant.
Open this indicator free on Vela, our next-generation charting platform. Then ask Quant, our coding agent built into Vela, to retune it or turn it into a backtested strategy of your own.





