Hidden Gap WRB Indicator Download for MT4 – Free | Forex Indicator Download – MetaTrader 4 Resource

The Hidden Gap WRB indicator is designed to identify hidden supply and demand areas on the MT4 platform.

This trading tool is based on the concept of Wide Range Bars (WRB) and uses colored boxes to mark hidden gaps directly on the chart.

Hidden gap WRB indicator specification table

The specifications of the WRB hidden gap metric are shown in the table below.

Hide Gap WRB Overview

These hidden gaps can serve as hidden support or resistance areas for technical analysis .

When price enters or exits these areas, it may signal high-probability trading opportunities. This indicator can help traders make precise entry decisions.

Bullish trend analysis

According to the Bitcoin (BTC) 5-minute chart, the price underwent a downward correction, hitting an unfilled bullish hidden gap before reversing upward. Such reaction zones are ideal for long-term trade entries.

Bearish trend analysis

According to the Solana (SOLANA) 5-minute chart, the price hit a new hidden gap and started a strong downward trend. These bearish hidden gaps act as resistance zones. Interacting with price in these areas may provide short-term trading entry signals .

Hide gap WRB indicator settings

The following image shows the configurable settings for the WRB hidden gap indicator:

General Setting

• Analysis schedule : Define the time frame for detecting WRB elements
• Use complete candles for calculations : Select Use complete candles (body + wick)
• Start calculation from this bar number : Set the bar index to start calculation.
• Looking back at the previous bar number for WRB comparison : Number of bars used in WRB comparison logic

Alert Setting

• Enable sound alerts : Turn on sound notifications
• Enable Violation Alerts from Below : Alert when price enters a hidden gap from below
• Enable Violation Alerts from Above : Alert when price enters a hidden gap from above
• Enable HG mode alerts : notify when new hidden gaps are formed
• Enable WRB mode alert : notify when new WRB is established
• Enable HG fill pattern alert : alert when a previously detected hidden gap is filled
• Enable native alerts : Use MetaTrader’s native alert system
• Enable email alerts : Send alerts via email
• Enable push notifications : Push alert notifications to your device

Color Setting

• Color indicates normal bullishness : Color of unfilled bullish hidden gaps
• Crossover Bullish Color : The color of an unfilled bullish gap that overlaps a previous gap
• Normal Bearish Color : Color of unfilled bearish hidden gaps
• Cross Bearish Color : Color of unfilled bearish gaps with overlapping
• Colors for normal bullish breakouts : Color indicates filled and non-overlapping long gaps
• Color of Bullish Breakout Crossover : Color of Filled and Overlapping Bullish Gap
• Colors for normal bearish breakouts : Colors that fill bearish gaps without overlap
• Crossover Bearish Breakout Color : Color that fills the bearish gap and overlaps

Wing Dings Setting

• WingDings Symbol for WRB display : Symbol code for displaying WRB as a graphical icon
• Line style for histogram display : Line style for drawing HG boxes
• Display using hollow boxes : Display the box as a hollow rectangle

Conclusion

The Hidden Gap WRB indicator is designed to identify hidden supply and demand areas and plot key support and resistance levels.

By detecting wide range bars and analyzing the gaps formed between them, this tool highlights hidden gaps directly on the chart. These graphic elements act as key price reaction areas.