Gap - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
The price gap indicator is implemented in the form of a histogram. Red bar – upward gap and likely to be filled. Blue bar - downward gap that will be filled.
There's also a feature that lets you filter gaps by size. If you set the Big Gap parameter to a positive value, BigGap lines will appear in the subwindow. All gaps below this line will be painted gray.
Figure 1. М1 time frame. inp large gap = 0
Figure 2. М1 time frame. inp large gap = 5
Figure 3. D1 time frame. Enter large gap = 500
Attachment download
📎 gaps_cb.mq5 (4.8 KB)
Source: MQL5 #13351
Gap - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Gap - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 resources are resources related to Forex indicators. 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 on titles or short-term profit descriptions.
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