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Forex Gap NB

Forex Gap Indicator. Many traders have noticed on the chart price gaps, but perhaps few people paid attention to the fact that very often these gaps the price tries to close, returning to the place of the beginning of the gap. This indicator will notify you about the gap on any pair on which you set it. The indicator shows a vertical line on the time and date of formation of the gap, as well as puts an arrow in the direction of closing the gap.

Since the gap should be closed, it is recommended to start trading at the end of the gap, or from the place of completion of the formation of the bar on which the gap was formed. This will help to take a lot more profit.

Indicator settings

  • Minimum Gap (in points) - what price gaps to take into account. The minimum distance from the high / low of the bar (depending on the direction of the gap) to the end of the gap is specified.
  • Arrow - whether to Show arrows on the chart.
  • Alert - whether to Notify You about a new gap.
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