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FT 123 GAP Formation MT4

Indicator which recognizes 1-2-3 GAP Formation.


Inputs

  • InpTimeFrame - The time frame on which indicator works (current timeframe, 1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, 1 day, 1 week, 1 month)
  • InpMaxHistory - Maximum history, which is calculated at startup indicator
  • InpShowRectangle - Show rectangle? (true / false)
  • InpShowLine - Show line on the high / low? (true / false)
  • InpColorRectangleBUY - Rectangle color for BUY GAPs
  • InpColorRectangleSELL - Rectangle color for SELL GAPs
  • InpColorLine - Line color
  • InpShiftEnd - Shift of unclosed GAPs from the current candle
Julian Lo
259
2016.02.02 15:06 
 

This indicator has another name in technical analysis. It is called MST (Market Structure Trading). Very nicely made.

More info found here. http://www.tradeportal.cz/jak-investovat/1-2-3-gap-obchodni-strategie.html Use google chrome to translate the page.

版本 1.1 - 2015.11.18
Added input parameter InpMinGAPSize - minimum size of GAP, which will be displayed