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Views:: 7099
Rating:: (20)
Published:: 2015.07.30 11:32
Updated:: 2016.11.22 07:32

gaps_cb.mq5 (4.8 KB) view

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Price gaps indicator implemented as a histogram. Red bar — up gap and, most likely, will fill down. Blue bar — down gap, will fill up.

There is also a function which allows you to filter gaps by size. If you set a positive value for inpBigGap parameter, the BigGap line will appear in a subwindow. All gaps lower than this line will be painted in gray.

Fig.1. М1 timeframe. inpBigGap = 0

Fig.2. М1 timeframe. inpBigGap = 5

Fig.3. D1 timeframe. inpBigGap = 500

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13351

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Gaps - indicator for MetaTrader 5