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GAP Finder - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources

author EAcpu | 5 reads | 0 comments |

GAP Finder - indicator for MetaTrader 4

GAP Finder - indicator for MetaTrader 4

The indicator draws an upward arrow to indicate a bullish gap and a downward arrow to indicate a bearish gap.

It can also draw crosses for closed gaps or hide them.

Traders can choose the minimum gap size in points. Gaps smaller than the minimum size will be ignored.

Input parameters:

GAP Finder - indicator for MetaTrader 4

The same chart shows only open (new) gaps

GAP Finder - indicator for MetaTrader 4

Recommended usage:


Attachment download

📎 gap_finder_01.mq4 (7.05 KB)

Source: MQL5 #16619

GAP Finder - MetaTrader 4 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions

GAP Finder - MetaTrader 4 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.

Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.

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