• Overview
  • Reviews (3)
  • Comments (1)

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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    Top indicator for MT4 providing accurate signals to enter a trade without repainting! Watch  the video  (6:22) with an example of processing only one signal that paid off the indicator! It can be applied to any financial assets:  forex, cryptocurrencies, metals, stocks, indices.  MT5 version is here   It will provide pretty accurate trading signals and tell you when it's best to open a trade and close it. Most traders improve their trading results during the first trading week with the help of t
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    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
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    Thushara Dissanayake
    3.91 (22)
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    Thushara Dissanayake
    4.33 (6)
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    Thushara Dissanayake
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    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
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    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
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    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
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    Thushara Dissanayake
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    Thushara Dissanayake
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    Thushara Dissanayake
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    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
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    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
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    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
    8900
    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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