GAP Finder - indicador para MetaTrader 4

This indicator plots up arrow for bullish gaps and down arrow for bearish gaps.

It also can plot a cross for a closed gap or hide it.

Trader can select the minimum gap size in points. Gaps less than minimum size are ignored.

Input Parameters:

• Min gap size in points : Minimum number of points for valid gaps
• Check for closed gaps : Enable/Disable history check for closed gaps
• Max history bars for closed gaps : Max number of history bars to check for closed gaps
• Hide closed gaps : Hide/Show closed gaps
• Show Alerts : Show alert messages of new gaps and closed gaps

Same chart showing only open (fresh) gaps

Suggested Usage:

• New open gaps can be used as entry filter in the same direction of the gap.
• Old open gaps can be used as targets for opposite direction trades.