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Candle GAP

4.33

The Candle GAP indicator is an essential tool for traders utilizing Gap Trading Strategies as it automatically identifies candle gaps for each day of the week. A gap refers to a price level difference between the close and open of two consecutive days. This indicator recognizes four types of gap patterns: Common, Breakaway, Continuation, and Exhaustion. By incorporating this indicator into any chart, traders can validate their signals and enhance their trading decisions.

One of the key features of the Candle GAP indicator is its versatility, as it can be used with any timeframe under D1 (daily) and for any symbol or instrument. It offers easy to use parameters, making it accessible to traders of all experience levels. The indicator swiftly draws gap patterns on the chart, allowing for quick analysis and decision making. Its simplicity adds to its usability, ensuring a straightforward and efficient trading experience.

The Data Display Parameters of the indicator allow traders to customize the appearance of the gap information. Users can select the desired font family and size for displaying the text associated with each day of the week. Additionally, individual colors can be assigned to Monday, Tuesday, Wednesday, Thursday, and Friday, providing visual clarity and ease of interpretation.

Overall, the Candle GAP indicator serves as a powerful tool for traders seeking to capitalize on gap trading strategies. It facilitates the identification and confirmation of gap patterns, enabling traders to make informed trading decisions across various timeframes and symbols.


    Parameters

    • Data Display Parameters - Customize visual appearance and colors.
    Reviews 3
    tcssh206
    11
    tcssh206 2018.07.18 04:57 
     

    Good

    Andrewcc
    15
    Andrewcc 2018.07.17 19:35 
     

    Good Indicator!

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    The Reversal Alert Pro indicator is a powerful tool designed to automatically detect reversal areas in the market. It offers convenient notifications sent directly to your mobile device and displays pop-up alerts with sound. By incorporating this indicator into your trading strategy, you can effectively filter trade positions. Furthermore, the indicator provides the option to utilize CCI, RSI, and Stochastic indicators to further refine the generated signals, enhancing its versatility and applic
    BullsBears Action
    Thushara Dissanayake
    3.91 (22)
    The BullsBears Action Expert Advisor is a powerful tool designed to utilize Bulls and Bears volume data for trading decisions. By analyzing the percentage of Bulls and Bears in the market based on candle volume, this EA automatically opens Buy or Sell orders according to user-defined parameters. It provides a user friendly trading solution that incorporates risk management, automatic stop loss adjustment, and customizable settings. One of the key features of this expert advisor is its risk manag
    FREE
    Volume Percentage Line Graph
    Thushara Dissanayake
    4.75 (4)
    The Volume Percentage Line Graph is an indicator designed to provide volume data insights. It retrieves total volume information for each candle and presents it as a percentage of the overall volume. The indicator displays this data as graph lines in a separate window, allowing users to easily visualize the battle between buyers and sellers. One of the key features of this indicator is its ability to show the volume percentage as graph lines. By representing the volume distribution between selle
    FREE
    Ez Channel MT5
    Thushara Dissanayake
    5 (1)
    The   Ez Channel   indicator is an essential tool for trend following traders as it automatically identifies real trend channels in the chart. With this indicator, you no longer have to spend hours manually drawing trend lines on your charts. It saves you time and effort by quickly drawing trend channels for any symbol and time frame. One of the key features of Ez Channel is its mini control panel, which allows you to easily adjust the time periods according to your preference. This control pan
    The   RSI Crossover Alert   is a powerful notification system designed specifically for traders who utilize the   Relative Strength Index (RSI)   in their trading strategies. This indicator focuses on identifying RSI crossovers, which occur when the fast RSI line crosses above or below the slow RSI line. By combining these crossovers, the indicator effectively filters out false signals, allowing traders to make more accurate trading decisions. The RSI Crossover Alert offers several key features
    Extract Candle Power
    Thushara Dissanayake
    5 (2)
    Extract Candle Power is a real time volume extractor indicator that provides valuable insights into the behavior of sellers and buyers during each candle. By analyzing the volume data, traders can make more informed decisions about market trends and potential reversals, surpassing the capabilities of traditional Moving Average indicators. This powerful tool allows you to extract and analyze the sellers and buyers volume of the current candle, as well as compare it with the volume of previous can
    Ms Fibonacci
    Thushara Dissanayake
    3.75 (8)
    Introducing Ms. Fibonacci , a powerful and free indicator designed to simplify the process of drawing and adjusting Fibonacci levels on your chart. This indicator automatically identifies and marks the new highest and lowest Fibonacci levels, ensuring accurate and precise placement. One of the key features of Ms. Fibonacci is its ability to draw Fibonacci levels correctly, point to point, and mark the corresponding price levels. This feature saves you time and effort, allowing you to focus on an
    FREE
    Candle Power Pro
    Thushara Dissanayake
    4.33 (6)
    Unlock the power of real volume information with the Candle Power Pro indicator. This dynamic tool captures the actual volume data for each candle and presents it as a percentage of the total volume. By doing so, it empowers you to discern the ongoing struggle between buyers and sellers in the market. The Candle Power Pro displays the battle between buyers and sellers as a percentage of the total volume, giving you valuable insights into market dynamics. You can easily confirm breakouts by anal
    Three MA Alert
    Thushara Dissanayake
    The Three MA Alert indicator is an essential tool for traders who rely on the Moving Averages Crossover Strategy . It simplifies your trading life by sending notifications to your mobile device, email, and displaying pop-up alerts with sound whenever there is a crossover of three moving averages. By following this widely used technique, you can ensure that you are always on the right side of the trend and avoid trading against the prevailing market direction. With the Three MA Alert indicator, y
    Mr Fibonacci
    Thushara Dissanayake
    5 (2)
    Introducing Mr. Fibonacci , an amazing indicator designed to simplify the process of drawing and adjusting Fibonacci levels on your chart. This indicator offers exceptional customization options for professional traders, allowing them to draw any Fibonacci level with precision. Additionally, it provides mobile notifications, email alerts, and pop-up alerts when price enters Fibonacci levels, ensuring you never miss potential trading opportunities. Using this indicator, you no longer have to cons
    Two MA Crossover
    Thushara Dissanayake
    5 (3)
    The Two MA Crossover is a powerful notification system designed specifically for traders who rely on the Moving Average Crossover Strategy . This fully automated indicator serves as a comprehensive alert system, ensuring that you never miss a crucial trading event. It sends notifications to your mobile device, email, and displays pop-up alerts with sound on your computer, all when it detects a moving average crossover based on your preferred parameters. One of its notable features is its compati
    Pivot Bro
    Thushara Dissanayake
    5 (1)
    The Pivot Bro technical indicator is a powerful tool designed to identify retracement areas using Pivot, Fibonacci, ATR, and ADR levels. It goes beyond that by also recognizing price action based reversal candlestick patterns . Additionally, the Currency Meter is a valuable companion for assessing the true strength of major currencies. By analyzing 28 currency pairs and displaying their strength on the chart with color changes, it enables traders to make informed decisions on entry and exit poin
    ReversalPatterns
    Thushara Dissanayake
    This technical indicator automatically identifies and analyzes price action using a variety of Reversal Candlestick Patterns on the chart. It conveniently draws arrow signs along with the corresponding pattern names, making it easy to spot the latest reversal candlestick patterns. With this indicator, you can quickly identify and compare chart analysis with previously identified candle patterns. The indicator includes a range of implemented candlestick patterns, both simple and complex, such as
    Currency Strength 7
    Thushara Dissanayake
    The Currency Strength 7 technical indicator is a powerful tool designed to help traders gauge the strength of the seven most popular currencies. By analyzing the strength of AUD, USD, EUR, GBP, JPY, CHF, and CAD, this indicator provides valuable insights into currency dynamics. It represents currency strength on the chart using lines, allowing traders to quickly assess the relative strength of different currencies. One of the standout features of this indicator is its ability to draw an extended
    Crossover Action
    Thushara Dissanayake
    The Crossover Action Expert Advisor is an advanced tool designed to automate one of the most popular trading strategies, the M oving Average Crossover Strategy . With its intuitive interface and powerful features, this expert advisor takes the complexity out of manual trading and executes trades automatically based on moving average crossovers. One of the key features of this expert advisor is its proper risk management system, ensuring that trades are executed with appropriate lot sizes and max
    CCI Action
    Thushara Dissanayake
    The CCI Action Expert Advisor is a powerful tool designed to automate the CCI (Commodity Channel Index) Strategy , allowing traders to capitalize on CCI level touches. With its user friendly settings and robust risk management system, this EA provides a reliable and efficient solution for traders looking to incorporate the CCI indicator into their trading approach. One of the key features of this Expert Advisor is its proper risk management system, which helps traders maintain control over their
    News Robo
    Thushara Dissanayake
    2 (1)
    The News Robo Expert Advisor is a powerful tool designed to assist news traders in opening pending orders with hidden stop loss during news releases. It offers several features that enhance your trading experience and protect your trades. One of the key features of News Robo is the hidden stop loss, which is ideal for news traders who prefer to conceal their stop loss from market maker brokers. The stop loss is automatically revealed once a profitable position is achieved, allowing you to secure
    RSI Action
    Thushara Dissanayake
    3.67 (3)
    The RSI Action Expert Advisor is a powerful tool that automates popular RSI (Relative Strength Index) strategies, allowing for efficient and accurate trading. By utilizing overbought and oversold levels, this EA identifies optimal entry points for buy and sell orders. It also offers various signal filtering options to enhance trading precision, including RSI reversal points, pending orders, major trend identification, and Moving Average Crossover signals. Additionally, it incorporates a modern
    Fibo Scalper Pro
    Thushara Dissanayake
    2.33 (3)
    The Fibo Scalper Pro Expert Advisor is a powerful tool designed to automate popular Fibonacci Trading Strategies . It simplifies the trading process by automatically drawing and adjusting Fibonacci levels on the chart. This feature provides convenience and accuracy for traders who utilize Fibonacci retracements and extensions in their analysis. One of the key features of the Fibo Scalper Pro is its customization facility. It allows professional traders to enable or disable each Fibonacci leve
    TPSL Driver
    Thushara Dissanayake
    Introducing the TPSL Driver Utility , a powerful tool designed to enhance your trading experience by automating Stop Loss and Take Profit management. This utility caters to every trader who desires seamless order management and advanced profit protection techniques. With the TPSL Driver Utility, you have the flexibility to choose between two modes of order management: Hidden and Visual. The Hidden mode allows you to hide the Take Profit and Stop Loss levels, providing a discreet approach to mana
    Breakout Robot
    Thushara Dissanayake
    4.5 (4)
    Introducing the Breakout Robot Expert Advisor , a revolutionary tool designed to automate the highly sought-after EURJPY Breakout Strategy with unparalleled ease. This powerful EA features a simple yet effective system that effortlessly draws a box using high and low values between 22:00 - 02:00 GMT. It then automatically executes BUY/SELL orders when price breaks above/below the box, all optimized for the M15 time frame. With complete customization capabilities, you have the flexibility to tail
    Entry Point
    Thushara Dissanayake
    Introducing the Entry Point , a powerful technical indicator designed to provide Buy/Sell notifications. This indicator analyzes 5 moving averages, CCI, RSI, Stochastic, Bill Williams, and volume indicators across 3 different time frames to generate accurate signals. It offers unlimited customization options for professional traders, allowing them to tailor the indicator based on their experience and strategies. The Entry Point sends signals to users via mobile devices, email, and pop-up alerts
    Entry Point Dashboard Ultimate
    Thushara Dissanayake
    4 (5)
    Introducing the Entry Point Dashboard Ultimate , a powerful technical indicator designed to provide Buy/Sell notifications for 6 currency pairs. This indicator analyzes 5 moving averages, CCI, RSI, Stochastic, Bill Williams, and volume indicators across 3 different time frames to generate accurate signals. It offers unlimited customization options for professional traders, allowing them to tailor the indicator based on their experience and strategies. The Entry Point Dashboard Ultimate sends sig
    Introducing the Fibo Channels Ultimate technical indicator, a powerful tool designed to revolutionize your Fibonacci trading strategy. With its advanced functionality, this indicator automatically draws all past Fibonacci channels on your chart, saving you time and effort. What sets the Fibo Channels Ultimate apart is its exceptional customization capabilities, allowing professional traders to draw any Fibonacci level they desire. This level of flexibility ensures that you can tailor the indicat
    The Crossover Tactics Ultimate Expert Advisor is a powerful tool designed to automate popular Moving Average Crossover Strategies . It excels at identifying optimal entry points based on the intersection of three moving averages, while employing advanced filtering techniques to enhance the reliability of signals. However, what sets this EA apart is its comprehensive trade management system, known as the TPSL Driver Utility algorithm. One of the standout features of this expert advisor is its abi
    Introducing the DFP Reconnoiter Ultimate , a technical indicator specifically designed for Daily Fibonacci Pivot Strategy traders. This indicator incorporates standard Fibonacci retracements, daily Pivot levels, Candlestick patterns, ATR and ADR levels to identify reversal and exit areas, resulting in well-timed entries. Key Fibonacci retracement levels of 38.2%, 50.0%, or 61.8% are preferred in conjunction with the daily central pivot. The strategy involves monitoring the Average True Range (AT
    Currency Heat Wave Ultimate
    Thushara Dissanayake
    5 (1)
    The Currency Heat Wave Ultimate technical indicator is a valuable tool that provides traders with real time insights into the strength of major currencies. With its analysis of 28 currency pairs, it offers a comprehensive overview of currency strength directly on the chart, making it incredibly convenient to use. By dynamically changing colors, it enables traders to quickly identify the positions of currencies and make informed decisions. One of the notable features of Currency Heat Wave is its
    Exit Area Ultimate
    Thushara Dissanayake
    3 (1)
    The Exit Area Ultimate is a technical indicator designed to enhance trading decisions by indicating the daily Average True Range (ATR) and Average Daily Rate (ADR) levels on the chart. By understanding these levels, traders can easily assess the average movement of an asset throughout the day. This versatile indicator serves multiple purposes for day traders, aiding in order placement, identifying intraday tendencies, setting trailing stop loss levels, and establishing daily take profit levels.
    Level Scanner
    Thushara Dissanayake
    The Level Scanner indicator is a powerful tool designed to automate the identification of Higher and Lower areas on the chart, along with all Support and Resistance levels . It incorporates the use of the Hull Moving Average to provide a clearer and smoother representation of the real trend. This indicator operates with remarkable speed, enabling traders to quickly identify key areas of interest and make more informed trading decisions. One of the standout features of the Level Scanner is its ve
    The Infinity Oscillators Ultimate is an all inclusive OSCI-KIT designed to enhance the trading experience for traders utilizing RSI, Stochastic, MACD, CCI, and Volume strategies. With its comprehensive range of features, this indicator offers a powerful toolset to analyze market trends, identify reversals and retracements, calculate intraday targets using ATR, and stay informed about crucial trading events. One of the standout features of this indicator is its ability to consolidate the most po
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    Aravind Kolanupaka
    8925
    Aravind Kolanupaka 2020.11.27 22:39 
     

    Not up to my taste

    tcssh206
    11
    tcssh206 2018.07.18 04:57 
     

    Good

    Andrewcc
    15
    Andrewcc 2018.07.17 19:35 
     

    Good Indicator!

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