Fair value gap (FVG)
A three-candle imbalance where the middle candle moves so fast it leaves a gap between the wicks either side. Price often revisits it.
Related terms
Order block
A price zone, often the last opposite candle before a strong move,…
Average daily range (ADR)
The average distance in pips between each day’s high and low over…
Average Directional Index (ADX)
An indicator of trend strength, not direction. Readings above…
Average True Range (ATR)
A volatility indicator that averages the true range, which…
Bollinger Bands
Bands set two standard deviations above and below a moving…
Break of structure (BOS)
When price breaks a prior swing high or low, signalling a trend…