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Significant Breakout Levels (FVG)

By LuxAlgoJul 24, 2026

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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 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, or age out, 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 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 crossed it without meeting the criteria, or it outlived its maximum age. Treat that move as unconfirmed.

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

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