OPEN-SOURCE SCRIPT
Volumatic Fair Value Gaps [BigBeluga]

🔵 OVERVIEW
The Volumatic Fair Value Gaps [BigBeluga] indicator detects and plots size-filtered Fair Value Gaps (FVGs) and immediately analyzes the bullish vs. bearish volume composition inside each gap. When an FVG forms, the tool samples volume from a 10× lower timeframe, splits it into Buy and Sell components, and overlays two compact bars whose percentages always sum to 100%. Each gap also shows its total traded volume. A live dashboard (top-right) summarizes how many bullish and bearish FVGs are currently active and their cumulative volumes—offering a quick read on directional participation and trend pressure.
🔵 CONCEPTS
🔵 FEATURES
🔵 HOW TO USE
🔵 CONCLUSION
Volumatic Fair Value Gaps [BigBeluga] blends precise FVG detection with lower-timeframe volume analytics to show not only where imbalances exist but also who powers them. The per-gap Bull/Bear % bars, total volume labels, and the cumulative dashboard together provide a fast, high-signal read on directional participation. Use the tool to prioritize higher-quality gaps, align with trend bias, and time mitigations or continuations with greater confidence.
The Volumatic Fair Value Gaps [BigBeluga] indicator detects and plots size-filtered Fair Value Gaps (FVGs) and immediately analyzes the bullish vs. bearish volume composition inside each gap. When an FVG forms, the tool samples volume from a 10× lower timeframe, splits it into Buy and Sell components, and overlays two compact bars whose percentages always sum to 100%. Each gap also shows its total traded volume. A live dashboard (top-right) summarizes how many bullish and bearish FVGs are currently active and their cumulative volumes—offering a quick read on directional participation and trend pressure.
🔵 CONCEPTS
- FVGs (Fair Value Gaps): Imbalance zones between three consecutive candles where price “skips” trading. The script plots bullish and bearish gaps and extends them until mitigated.
- Size Filtering: Only significant gaps (by relative size percentile) are drawn, reducing noise and emphasizing meaningful imbalances.
Pine Script® // Gap Filters float diff = close[1] > open[1] ? (low - high[2]) / low * 100 : (low[2] - high) / high *100 float sizeFVG = diff / ta.percentile_nearest_rank(diff, 1000, 100) * 100 bool filterFVG = sizeFVG > 15 - Volume Decomposition: For each FVG, the indicator inspects a 10× lower timeframe and aggregates volume of bullish vs. bearish candles inside the gap’s span.
- 100% Split Bars: Two inline bars per FVG display the % Bull and % Bear shares; their total is always 100%.
- Total Gap Volume: A numeric label at the right edge of the FVG shows the total traded volume associated with that gap.
- Mitigation Logic: Gaps are removed when price closes through (or touches via high/low—user-selectable) the opposite boundary.
- Dashboard Summary: Counts and sums the active bullish/bearish FVGs and their total volumes to gauge directional dominance.
🔵 FEATURES
- Bullish & Bearish FVG plotting with independent color controls and visibility toggles.
- Adaptive size filter (percentile-based) to keep only impactful gaps.
- Lower-TF volume sampling at 10× faster resolution for more granular Buy/Sell breakdown.
- Per-FVG volume bars: two horizontal bars showing Bull % and Bear % (sum = 100%).
- Per-FVG total volume label displayed at the right end of the gap’s body.
- Mitigation source option: choose close or high/low for removing/invalidating gaps.
- Overlap control: older overlapped gaps are cleaned to avoid clutter.
- Auto-extension: active gaps extend right until mitigated.
- Dashboard: shows count of bullish/bearish gaps on chart and cumulative volume totals for each side.
- Performance safeguards: caps the number of active FVG boxes to maintain responsiveness.
🔵 HOW TO USE
- Turn on/off FVG types: Enable Bullish FVG and/or Bearish FVG depending on your focus.
- Tune the filter: The script already filters by relative size; if you need fewer (stronger) signals, increase the percentile threshold in code or reduce the number of displayed boxes.
- Choose mitigation source:
close — stricter; gap is removed when a closing price crosses the boundary.
high/low — more sensitive; a wick through the boundary mitigates the gap. - Read the per-FVG bars:
A higher Bull % inside a bullish gap suggests constructive demand backing the imbalance.
A higher Bear % inside a bearish gap suggests supply is enforcing the imbalance. - Use total gap volume: Larger totals imply more meaningful interest at that imbalance; confluence with structure/HTF levels increases relevance.
- Watch the dashboard: If bullish counts and cumulative volume exceed bearish, market pressure is likely skewed upward (and vice versa). Combine with trend tools or market structure for entries/exits.
- Optional: hide volume bars: Disable Volume Bars when you want a cleaner FVG map while keeping total volume labels and the dashboard.
🔵 CONCLUSION
Volumatic Fair Value Gaps [BigBeluga] blends precise FVG detection with lower-timeframe volume analytics to show not only where imbalances exist but also who powers them. The per-gap Bull/Bear % bars, total volume labels, and the cumulative dashboard together provide a fast, high-signal read on directional participation. Use the tool to prioritize higher-quality gaps, align with trend bias, and time mitigations or continuations with greater confidence.
สคริปต์โอเพนซอร์ซ
ด้วยเจตนารมณ์หลักของ TradingView ผู้สร้างสคริปต์นี้ได้ทำให้มันเป็นโอเพ่นซอร์ส เพื่อให้เทรดเดอร์สามารถตรวจสอบและยืนยันการทำงานของสคริปต์ได้ ขอแสดงความชื่นชมผู้เขียน! แม้ว่าคุณจะสามารถใช้งานได้ฟรี แต่อย่าลืมว่าการเผยแพร่โค้ดซ้ำนั้นจะต้องเป็นไปตามกฎระเบียบการใช้งานของเรา
🔵Gain access to our powerful tools : bigbeluga.com
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน
สคริปต์โอเพนซอร์ซ
ด้วยเจตนารมณ์หลักของ TradingView ผู้สร้างสคริปต์นี้ได้ทำให้มันเป็นโอเพ่นซอร์ส เพื่อให้เทรดเดอร์สามารถตรวจสอบและยืนยันการทำงานของสคริปต์ได้ ขอแสดงความชื่นชมผู้เขียน! แม้ว่าคุณจะสามารถใช้งานได้ฟรี แต่อย่าลืมว่าการเผยแพร่โค้ดซ้ำนั้นจะต้องเป็นไปตามกฎระเบียบการใช้งานของเรา
🔵Gain access to our powerful tools : bigbeluga.com
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน