GAP Finder MetaTrader 4 Forex Indicator plots up arrow for bullish gaps and down arrow for bearish gaps. GAP Finder can plot a cross for a closed gap or hide it. Trader have an option to select the minimum gap size in points. Gaps less than minimum size are ignored.
Input Parameters:
- Hide or closed gaps : Hide or Show closed gaps
- Show Alerts : messages of new gaps or closed gaps
- Min gap size in points : Minimum number of points for valid gaps
- Check for closed gaps : Enable or Disable history check for closed gaps
- Max history bars for closed gaps
Image showing both open / closed gaps
Suggestions for Trader:
- You can use the new open gaps as entry filter in the same direction of the gap.
- You can use the old open gaps as targets for opposite direction trades.
GAP Finder MT4 Indicator – Download Instructions
In order to transform accumulated history data, you need to install a MetaTrader 4
GAP Finder – it is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.
Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.
How To Install GAP Finder MT4 indicator for MetaTrader 4.mq4?
Download indicator for MetaTrader 4.mq4Copy GAP Finder MT4 to Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your mt4 indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader 4 Client
Right click on GAP Finder MT4 for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
Indicator for MetaTrader 4.mq4 is available on your Chart
How to remove GAP Finder MT4 Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?
Select the Chart where is the Indicator running in your Metatrader 4 ClientRight click into the Chart
“Indicators list”
Select the Indicator and delete
Related Indicator: ShowImportantParams MetaTrader 4 Forex Indicator
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