Fair Price is what is the inherent value of an asset.
If you buy the asset cheaper than the price you can sell it later to make a profit
of course it's very hard to determine fair price in trading.
In everyday life you can look on Ebay or on vendors websites how much an asset was sold for, then create a trading plan based on that.
in trading it's harder to know what price people will be ok to buy/sell the asset at.
I created these two indicators to help you in that sense.
"Fair Price.mq4" looks at the price that have been the most visited in the past "period" bars and plots the highest number of times as a yellow lines.
the second and third most visited prices are also displayed
"Fair Price (rarest)" looks at prices that have been the LESS visited (in the past "period" bars) and plots them.
hope it helps
Fair Price:
