Balanced Price Range
Where a bullish and a bearish fair value gap overlap — a band that was left untraded in both directions, treated as a higher-conviction zone.
Also called: BPR · overlapping FVG
What it means
A BPR forms when an up-move leaves a gap and a later down-move leaves one that covers part of the same range. The overlap was skipped twice, once by each side, which is a stronger claim about unfinished business in that band than either gap makes alone.
Because it needs two gaps to coincide, a BPR is rarer than a single FVG and narrower than either of its parents — the overlap, not the union.
How OptionLab Pro’s engine uses it
In the live engine
BPR detection consumes only UNMITIGATED fair value gaps. PARTIAL_FILL gaps are excluded on the same reasoning as FVG stacks: the premise is an untraded range, and a partially filled gap has already been traded into.
go/internal/engine/smc/detect.go (BPR gating — UNMITIGATED only)The common mistake
Where traders get this wrong
Treating any two nearby gaps as a BPR. They must overlap and they must point in opposite directions; two bullish gaps near each other are a stack, which is a different signal with a different meaning.
Go deeper
There is a full lesson on this in the Academy, with an interactive widget and a Hindi translation.
Related terms
Educational and analytical content only. OptionLab Pro is not a SEBI-registered investment adviser or research analyst and does not give buy or sell recommendations. Derivatives trading carries a high risk of loss.