Candle GAP

3

The Candle GAP indicator is an essential tool for traders utilizing Gap Trading Strategies as it automatically identifies candle gaps for each day of the week. A gap refers to a price level difference between the close and open of two consecutive days. This indicator recognizes four types of gap patterns: Common, Breakaway, Continuation, and Exhaustion. By incorporating this indicator into any chart, traders can validate their signals and enhance their trading decisions.

One of the key features of the Candle GAP indicator is its versatility, as it can be used with any timeframe under D1 (daily) and for any symbol or instrument. It offers easy to use parameters, making it accessible to traders of all experience levels. The indicator swiftly draws gap patterns on the chart, allowing for quick analysis and decision making. Its simplicity adds to its usability, ensuring a straightforward and efficient trading experience.

The Data Display Parameters of the indicator allow traders to customize the appearance of the gap information. Users can select the desired font family and size for displaying the text associated with each day of the week. Additionally, individual colors can be assigned to Monday, Tuesday, Wednesday, Thursday, and Friday, providing visual clarity and ease of interpretation.

Overall, the Candle GAP indicator serves as a powerful tool for traders seeking to capitalize on gap trading strategies. It facilitates the identification and confirmation of gap patterns, enabling traders to make informed trading decisions across various timeframes and symbols.


    Parameters

    • Data Display Parameters - Customize visual appearance and colors.
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    4.56 (9)
    Candle Power Pro is a Volume Analysis Indicator  designed to analyze real tick volume , bull/bear pressure , buyer and seller imbalances , and price-volume relationships directly from the chart. The indicator transforms candle volume activity into a visual market analysis system by displaying bull and bear volume percentages , volume dominance, divergence conditions, and trend confirmation signals. Designed for Forex traders , Gold traders , Index traders , Cryptocurrency traders , scalpers , d
    SMC Sessions MT5
    Thushara Dissanayake
    5 (2)
    The SMC Sessions Indicator is a precision tool crafted for Smart Money traders who rely on ICT concepts, liquidity hunts, and session based strategies . It seamlessly maps out critical session based trading zones using the most proven and popular concepts used by institutional level traders. This all in one session indicator overlays your chart with the most effective and high probability range strategies, including: ICT Asian Range, London Breakout, New York Range, ICT London Open Killzone, ICT
    The Donchian Time Sync Analyzer brings powerful multi-timeframe dimension to classic Donchian channel analysis, allowing traders to simultaneously monitor trend strength and potential reversal signals across five different chart periods. This advanced indicator calculates the highest highs and lowest lows across your selected timeframes, generating clear visual signals that help identify convergence of trend direction across multiple time horizons. By providing coordinated analysis from minute t
    Smart Daily Fibonacci   is a   Daily Fibonacci Indicator for MT4 and MT5   that automatically draws   Fibonacci Retracement   and   Fibonacci Extension   levels using the previous trading day's high and low. Designed for   Forex traders ,   gold traders ,   index traders ,   cryptocurrency traders ,   scalpers ,   day traders ,   swing traders , and   prop firm traders , it helps create a structured daily trading framework without the need to manually draw Fibonacci tools every session. By trans
    Extract Candle Power
    Thushara Dissanayake
    5 (3)
    Extract Candle Power is a real time volume extractor indicator that provides valuable insights into the behavior of sellers and buyers during each candle. By analyzing the volume data, traders can make more informed decisions about market trends and potential reversals, surpassing the capabilities of traditional Moving Average indicators. This powerful tool allows you to extract and analyze the sellers and buyers volume of the current candle, as well as compare it with the volume of previous can
    Three MA Alert
    Thushara Dissanayake
    Triple MA Crossover Alert is a Moving Average Crossover Indicator  designed to analyze market direction using a combination of three moving averages: Fast MA , Normal MA , and Slow MA . The indicator helps traders identify changes in market trend , potential bullish and bearish conditions , and important price movement areas through a clear triple moving average structure. By combining technical analysis , trend analysis , and customizable trading alerts , this Forex Indicator provides a simple
    Mr Fibonacci
    Thushara Dissanayake
    5 (1)
    Introducing Mr. Fibonacci , an amazing indicator designed to simplify the process of drawing and adjusting Fibonacci levels on your chart. This indicator offers exceptional customization options for professional traders, allowing them to draw any Fibonacci level with precision. Additionally, it provides mobile notifications, email alerts, and pop-up alerts when price enters Fibonacci levels, ensuring you never miss potential trading opportunities. Using this indicator, you no longer have to cons
    Two MA Crossover
    Thushara Dissanayake
    5 (3)
    The Two MA Crossover is a powerful notification system designed specifically for traders who rely on the Moving Average Crossover Strategy . This fully automated indicator serves as a comprehensive alert system, ensuring that you never miss a crucial trading event. It sends notifications to your mobile device, email, and displays pop-up alerts with sound on your computer, all when it detects a moving average crossover based on your preferred parameters. One of its notable features is its compati
    Pivot Bro
    Thushara Dissanayake
    5 (1)
    Pivot Confluence Zones is a technical analysis indicator for MT4 and MT5 designed to identify retracement zones , reversal areas , and support and resistance levels by combining Pivot Points , Fibonacci Retracement , ATR , and ADR into a single trading workspace. Instead of relying on a single technical tool, the indicator searches for confluence zones where multiple trading levels overlap, helping traders evaluate areas that may attract increased market attention. To strengthen price analysis,
    ReversalPatterns
    Thushara Dissanayake
    This technical indicator automatically identifies and analyzes price action using a variety of Reversal Candlestick Patterns on the chart. It conveniently draws arrow signs along with the corresponding pattern names, making it easy to spot the latest reversal candlestick patterns. With this indicator, you can quickly identify and compare chart analysis with previously identified candle patterns. The indicator includes a range of implemented candlestick patterns, both simple and complex, such as
    Reversal Alert Pro
    Thushara Dissanayake
    2.5 (2)
    The Reversal Alert Pro indicator is a powerful tool designed to automatically detect reversal areas in the market. It offers convenient notifications sent directly to your mobile device and displays pop-up alerts with sound. By incorporating this indicator into your trading strategy, you can effectively filter trade positions. Furthermore, the indicator provides the option to utilize CCI, RSI, and Stochastic indicators to further refine the generated signals, enhancing its versatility and applic
    Currency Strength 7
    Thushara Dissanayake
    The Currency Strength 7 technical indicator is a powerful tool designed to help traders gauge the strength of the seven most popular currencies. By analyzing the strength of AUD, USD, EUR, GBP, JPY, CHF, and CAD, this indicator provides valuable insights into currency dynamics. It represents currency strength on the chart using lines, allowing traders to quickly assess the relative strength of different currencies. One of the standout features of this indicator is its ability to draw an extended
    BullsBears Action
    Thushara Dissanayake
    The BullsBears Action Expert Advisor is an advanced trading solution designed for traders who rely on volume based market analysis. Utilizing Bulls and Bears volume data, this EA automatically identifies potential trade opportunities based on market strength and executes Buy or Sell orders according to user defined parameters. It is fully customizable, allowing traders to fine tune their strategies with multiple filters, risk management options, and trade execution controls. This EA includes an
    Crossover Action
    Thushara Dissanayake
    The Crossover Action Expert Advisor is an advanced tool designed to automate one of the most popular trading strategies, the M oving Average Crossover Strategy . With its intuitive interface and powerful features, this expert advisor takes the complexity out of manual trading and executes trades automatically based on moving average crossovers. One of the key features of this expert advisor is its proper risk management system, ensuring that trades are executed with appropriate lot sizes and max
    CCI Action
    Thushara Dissanayake
    The CCI Action Expert Advisor is a powerful tool designed to automate the CCI (Commodity Channel Index) Strategy , allowing traders to capitalize on CCI level touches. With its user friendly settings and robust risk management system, this EA provides a reliable and efficient solution for traders looking to incorporate the CCI indicator into their trading approach. One of the key features of this Expert Advisor is its proper risk management system, which helps traders maintain control over their
    News Robo
    Thushara Dissanayake
    2 (1)
    The News Robo Expert Advisor is a powerful tool designed to assist news traders in opening pending orders with hidden stop loss during news releases. It offers several features that enhance your trading experience and protect your trades. One of the key features of News Robo is the hidden stop loss, which is ideal for news traders who prefer to conceal their stop loss from market maker brokers. The stop loss is automatically revealed once a profitable position is achieved, allowing you to secure
    RSI Action
    Thushara Dissanayake
    3.67 (3)
    The RSI Action Expert Advisor is a powerful tool that automates popular RSI (Relative Strength Index) strategies, allowing for efficient and accurate trading. By utilizing overbought and oversold levels, this EA identifies optimal entry points for buy and sell orders. It also offers various signal filtering options to enhance trading precision, including RSI reversal points, pending orders, major trend identification, and Moving Average Crossover signals. Additionally, it incorporates a modern
    Fibo Scalper Pro
    Thushara Dissanayake
    2.33 (3)
    The Fibo Scalper Pro Expert Advisor is a powerful tool designed to automate popular Fibonacci Trading Strategies . It simplifies the trading process by automatically drawing and adjusting Fibonacci levels on the chart. This feature provides convenience and accuracy for traders who utilize Fibonacci retracements and extensions in their analysis. One of the key features of the Fibo Scalper Pro is its customization facility. It allows professional traders to enable or disable each Fibonacci level
    TPSL Driver
    Thushara Dissanayake
    Introducing the TPSL Driver Utility , a powerful tool designed to enhance your trading experience by automating Stop Loss and Take Profit management. This utility caters to every trader who desires seamless order management and advanced profit protection techniques. With the TPSL Driver Utility, you have the flexibility to choose between two modes of order management: Hidden and Visual. The Hidden mode allows you to hide the Take Profit and Stop Loss levels, providing a discreet approach to mana
    Breakout Robot
    Thushara Dissanayake
    5 (3)
    The Breakout Robot EA is a specialized trading tool designed to automate time session-based breakouts . The EA operates by drawing a price range box and high/low lines according to the specified input time parameters. When price breaks above the high or below the low of this defined range, the EA automatically executes trades. The system's core functionality focuses on the EURJPY Breakout between 22:00-02:00 GMT, while its flexible architecture allows adaptation to other time-based strategies li
    Entry Point
    Thushara Dissanayake
    The   Entry Point   indicator is a   professional signal dashboard   that combines multiple technical indicators across up to three timeframes to produce a single   consolidated entry signal . Rather than juggling separate windows for Moving Averages, CCI, RSI, Stochastic, Bill Williams Accelerator, and volume analysis, traders can view all these readings in one   intuitive visual panel . The system analyzes each timeframe independently, then applies   weighted voting   based on your chosen prio
    Entry Point Dashboard Ultimate
    Thushara Dissanayake
    4 (5)
    Entry Point Dashboard Ultimate is a Multi-Timeframe Trading Dashboard Indicator for MT4 and MT5 designed to simplify technical analysis , market trend analysis , and entry point identification by combining multiple trading tools into a single visual dashboard. The indicator analyzes Moving Averages , CCI , RSI , Stochastic , momentum data, and volume conditions across selected timeframes to create a structured overview of current market conditions. Designed for Forex traders , Gold traders , Ind
    Introducing the Fibo Channels Ultimate technical indicator, a powerful tool designed to revolutionize your Fibonacci trading strategy. With its advanced functionality, this indicator automatically draws all past Fibonacci channels on your chart, saving you time and effort. What sets the Fibo Channels Ultimate apart is its exceptional customization capabilities, allowing professional traders to draw any Fibonacci level they desire. This level of flexibility ensures that you can tailor the indicat
    The Crossover Tactics Ultimate Expert Advisor is a powerful tool designed to automate popular Moving Average Crossover Strategies . It excels at identifying optimal entry points based on the intersection of three moving averages, while employing advanced filtering techniques to enhance the reliability of signals. However, what sets this EA apart is its comprehensive trade management system, known as the TPSL Driver Utility algorithm. One of the standout features of this expert advisor is its abi
    Introducing the DFP Reconnoiter Ultimate , a technical indicator specifically designed for Daily Fibonacci Pivot Strategy traders. This indicator incorporates standard Fibonacci retracements, daily Pivot levels, Candlestick patterns, ATR and ADR levels to identify reversal and exit areas, resulting in well-timed entries. Key Fibonacci retracement levels of 38.2%, 50.0%, or 61.8% are preferred in conjunction with the daily central pivot. The strategy involves monitoring the Average True Range (AT
    Currency Heat Wave Ultimate
    Thushara Dissanayake
    5 (1)
    The Currency Heat Wave Ultimate technical indicator is a valuable tool that provides traders with real time insights into the strength of major currencies. With its analysis of 28 currency pairs, it offers a comprehensive overview of currency strength directly on the chart, making it incredibly convenient to use. By dynamically changing colors, it enables traders to quickly identify the positions of currencies and make informed decisions. One of the notable features of Currency Heat Wave is its
    Exit Area Ultimate
    Thushara Dissanayake
    3 (1)
    The   Exit Area Ultimate   is a practical chart tool that displays   daily ATR (Average True Range)   and   ADR (Average Daily Range)   levels directly on your chart, helping traders understand how much an asset typically moves in a single day. By showing these   volatility based target zones , the indicator answers a key question: how far can price realistically go today? Based on historical price movement averages, the system draws upper and lower boundaries that represent the day's   potentia
    Level Scanner
    Thushara Dissanayake
    The Level Scanner indicator is a powerful tool designed to automate the identification of Higher and Lower areas on the chart, along with all Support and Resistance levels . It incorporates the use of the Hull Moving Average to provide a clearer and smoother representation of the real trend. This indicator operates with remarkable speed, enabling traders to quickly identify key areas of interest and make more informed trading decisions. One of the standout features of the Level Scanner is its ve
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    Aravind Kolanupaka
    10324
    Aravind Kolanupaka 2020.11.27 22:39 
     

    Not up to my taste

    tcssh206
    11
    tcssh206 2018.07.18 04:57 
     

    User didn't leave any comment to the rating

    Andrewcc
    15
    Andrewcc 2018.07.17 19:35 
     

    User didn't leave any comment to the rating

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