>> Download the NDOG Reversal Zones MT5 Indicator for FREE HERE <<
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>> Download the NDOG Reversal Zones MT5 Indicator for FREE HERE <<
| My Telegram group - link | My Youtube channel - link | My Broker for Algo trading - link |
NWOG & NDOG Indicator for MetaTrader 5
The NWOG & NDOG Indicator is designed to identify New Week Opening Gap (NWOG) and New Day Opening Gap (NDOG) zones on MetaTrader 5 charts. These zones represent areas of potential price imbalance that often attract market reactions.
The indicator helps traders focus on reversal zones MT5 based on session and opening price behavior rather than lagging indicators.
Indicator Logic
The indicator automatically detects opening gaps formed at the start of a new trading day or week. These gaps are displayed as clearly marked zones on the chart, highlighting areas where price may react, rebalance, or reverse.
Such reversal zones MT5 are commonly used in institutional and Smart Money–based analysis to track unfinished price activity.
Key Features
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Automatic detection of NWOG and NDOG zones
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Clear visualization of potential reversal areas
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Based on opening price imbalance logic
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Useful for intraday and swing trading
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Works on multiple instruments and timeframes
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Fully compatible with MetaTrader 5
Recommended Use
The indicator is best used as a contextual tool. Traders monitor reversal zones MT5 and wait for confirmation from price action or market structure before entering trades. It is intended to support disciplined decision-making rather than provide direct entry signals.
