# Significant Breakout Levels (FVG) Significant Breakout Levels (FVG) is an indicator on [Vela](https://vela.luxalgo.com/chart), our next-generation charting platform, written in Pine Script®. Significant Breakout Levels (FVG) plots pivot-based support and resistance, then only signals a break when the candle body clears an ATR-scaled strength test and a fair value gap confirms the direction. Green and red boxes flag validated breaks, gray boxes mark qualifying breaks of levels past their maximum age, and failed levels are cleared away, keeping the chart focused on high-conviction setups. - Indicator in the LuxAlgo Library, by LuxAlgo, published Jul 24, 2026. - Access: free. - Concepts: [Fair Value Gap](https://www.luxalgo.com/library/concept/fair-value-gap/) (primary), [Breakout](https://www.luxalgo.com/library/concept/breakout/) - Open on Vela: https://vela.luxalgo.com/chart?pineScriptCodeId=skkgmyeq9fxjugxj2lhlgxi3 - Page: https://www.luxalgo.com/library/indicator/significant-breakout-levels-fvg/ **Significant Breakout Levels (FVG)** filters classic pivot breaks through two quality gates. It plots dotted lines at recent pivot highs and lows; when a candle closes beyond one it demands proof: the candle body must exceed a multiple of the 14-period ATR, and a [confirming fair value gap](https://www.luxalgo.com/library/concept/fair-value-gap/) must have formed in the break's direction. Only then does a colored box print: green through resistance, red through support. Levels that break without conviction are deleted to keep the chart clean. ## How to Trade the Significant Breakout Levels (FVG)? - **Green box**: resistance broken with an ATR-strength body and a bullish imbalance behind it, [breakout conditions](https://www.luxalgo.com/library/concept/breakout/) fully met. - **Red box**: support broken under the same two tests, to the downside. - **Dotted lines**: live pivot levels awaiting a test. - **A level vanishing**: price closed through it without meeting the criteria (treat that move as unconfirmed), or newer pivots pushed it past the Max Active Levels limit. - **Gray box**: a qualifying break of a level older than Max Level Age, drawn without a signal or alert. The FVG check looks for a gap between the current bar and the bar two periods back, the footprint of one-sided initiative. Because volatility and imbalance are both required, slow drifts through a level never fire; built-in alerts for both break directions let validated moves reach you unwatched. ## Significant Breakout Levels (FVG) Settings - **Pivot Left Bars / Pivot Right Bars**: bars on each side required to confirm a pivot high or low. - **Max Active Levels**: how many support and resistance lines stay on the chart at once. - **Breakout Strength Multiplier**: the multiple of the 14-period ATR a breakout body must exceed. Raise it to demand decisive candles. - **FVG Box Extend Bars**: how far forward each breakout box extends. - **Max Level Age (Bars)**: expires stale levels so old pivots cannot trigger signals. - Style inputs cover bullish, bearish, and expired colors plus box background transparency. ## Frequently Asked Questions ### Why did a breakout not produce a box? It failed a gate: the breakout candle opened beyond the level rather than crossing it, its body did not clear the ATR-scaled strength requirement, or no fair value gap accompanied the move. The removal is deliberate: only what passed every test remains. A level past its maximum age that passes every test still prints, but as a gray expired box with no signal or alert. ### Can I set alerts on the signals? Yes. Alert conditions exist for both resistance and support breakouts, so each validated box can notify you the moment it forms, practical across several markets. ### How do I access it, and what about retests? The indicator is free on the LuxAlgo Library, and this page can launch it inside Quant, our coding agent, for testing. If your process waits for a broken level to be retested, [Breakouts with Tests & Retests](https://www.luxalgo.com/library/indicator/breakouts-with-tests-retests/) covers that side of the playbook. You can also copy the source code from this page and run it anywhere Pine Script® runs. ## Related indicators - [Fair Value Gap Absorption Indicator](https://www.luxalgo.com/library/indicator/fair-value-gap-absorption-indicator/) (Fair Value Gap): markdown at https://www.luxalgo.com/library/indicator/fair-value-gap-absorption-indicator.md - [Fair Value Gaps Mitigation Oscillator](https://www.luxalgo.com/library/indicator/fair-value-gaps-mitigation-oscillator/) (Fair Value Gap): markdown at https://www.luxalgo.com/library/indicator/fair-value-gaps-mitigation-oscillator.md - [Breakaway Fair Value Gaps](https://www.luxalgo.com/library/indicator/breakaway-fair-value-gaps/) (Fair Value Gap): markdown at https://www.luxalgo.com/library/indicator/breakaway-fair-value-gaps.md - [HTF Fair Value Gap](https://www.luxalgo.com/library/indicator/htf-fair-value-gap/) (Fair Value Gap): markdown at https://www.luxalgo.com/library/indicator/htf-fair-value-gap.md - [Inversion Fair Value Gaps (IFVG)](https://www.luxalgo.com/library/indicator/inversion-fair-value-gaps-ifvg/) (Fair Value Gap): markdown at https://www.luxalgo.com/library/indicator/inversion-fair-value-gaps-ifvg.md - [ICT Implied Fair Value Gap (IFVG)](https://www.luxalgo.com/library/indicator/ict-implied-fair-value-gap-ifvg/) (Fair Value Gap): markdown at https://www.luxalgo.com/library/indicator/ict-implied-fair-value-gap-ifvg.md - [Breakouts with Tests & Retests](https://www.luxalgo.com/library/indicator/breakouts-with-tests-retests/) (Breakout): markdown at https://www.luxalgo.com/library/indicator/breakouts-with-tests-retests.md - [Breakout Detector (Previous MTF High Low Levels)](https://www.luxalgo.com/library/indicator/breakout-detector-previous-mtf-high-low-levels/) (Breakout): markdown at https://www.luxalgo.com/library/indicator/breakout-detector-previous-mtf-high-low-levels.md --- Source: https://www.luxalgo.com/library/indicator/significant-breakout-levels-fvg/ (LuxAlgo Library). Free to use with attribution: https://www.luxalgo.com/library/license/