How to Use the FVG Indicator on Punch

The Fair Value Gap (FVG) indicator draws support and resistance zones where price left behind an imbalance on Punch charts.

Written By Archit Sunat

Last updated 27 days ago

The FVG (Fair Value Gap) indicator draws boxes on your chart wherever price left behind an imbalance — a zone where no trading happened between the current candle and two candles back. Green boxes mark potential support below price. Red boxes mark potential resistance above price.

Adding FVG to a chart

Open any chart in Punch.
Tap the Indicators icon.
Search for FVG or Fair Value Gap.
Tap to add it.

Settings

Setting	Default	What it does
MidPoint Fill	OFF	When OFF, a gap fills only when price reaches the full boundary. When ON, it fills at the 50% midpoint. A midpoint line appears inside each box when enabled
Delete Old On Fill	ON	When ON, filled gaps vanish from the chart. When OFF, filled gaps stay visible but stop extending forward
Extend Candles	—	Controls how far forward each box stretches along the time axis

How gap detection works

A gap only forms when there is zero price overlap between the current candle and the candle two bars back. Most candles have overlapping ranges and will not produce a gap. Punch uses the full candle range including wicks for both creation and fill detection.

What happens when a gap is filled

As price moves into a gap, the box shrinks to show only the unfilled portion. When price closes through the full gap (or the 50% midpoint if MidPoint Fill is on), the gap is considered mitigated. A dashed line replaces the box at the gap boundary and stays on the chart as a reference level.

Good to know

All gaps are detected on the current chart timeframe only. Switching timeframes shows a fresh set of gaps.
Multiple gaps can overlap and all display simultaneously — there is no limit.
Colours are fixed — green for bullish, red for bearish. No colour customisation.
With MidPoint Fill on, gaps close sooner and fewer boxes remain active.