Bullish Fair Value Gap
Detects a bullish fair value gap (3-candle gap up) on minute bars. Returns the gap's support price (candle1 high) while the pattern is active; otherwise no value (condition fails). Not a 0/1 flag — never compare to 1 (that is for CrossAbove/CrossBelow).
Bullish Fair Value Gap
Definition
Detects a bullish fair value gap (3-candle gap up) on minute bars. Returns the gap's support price (candle1 high) while the pattern is active; otherwise no value (condition fails). Not a 0/1 flag — never compare to 1 (that is for CrossAbove/CrossBelow).
Parameters
Asset
Output range: price when present
Example
`BullishFairValueGap(SPY) > 0` (gap present — price levels are positive) or `Price(SPY) <= BullishFairValueGap(SPY)` (price at/into the gap support)
Full indicator reference