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GapHunter

5
The indicator displays closed and unclosed gaps on a given timeframe and time range.
By default, the display of closed gaps is disabled, the search timeframe is the current one.

  • In the flat, it helps to track the direction of the position set by large market participants.
  • In the trend, it shows the points of completion of the position by large market participants.
  • Filters out false pivot points.

Another point I wanted to explain, if the parameter Timeframe_for_Search is set to Current in the indicator settings, then gaps of the timeframe selected in MT4 are displayed. If Timeframe_for_Search is explicitly set, for example 1 Minute, then the unclosed gaps of minute candles (bars) will be displayed on any timeframe selected in MT4

The indicator has 4 buffers for use by external applications via the iCustom function:

SetIndexBuffer(0, GAPUp)    - buffer the price of gaps up;
SetIndexBuffer(1, GAPDn)    - buffer the price of gaps down;
SetIndexBuffer(2, GAPUpCl) - buffer the prices of closed gaps up;
SetIndexBuffer(3, GAPDnCl) - buffer the prices of closed gaps down;


Reviews 2
연나라
750
연나라 2021.10.05 15:16 
 

I think it's the best indicator. It really helps a lot in trading. He answered my questions right away and he's a very friendly top programmer.

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Wan Suryolaksono
1605
Wan Suryolaksono 2022.01.11 07:23 
 

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연나라
750
연나라 2021.10.05 15:16 
 

I think it's the best indicator. It really helps a lot in trading. He answered my questions right away and he's a very friendly top programmer.

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Version 1.60 2021.10.14
Add alert to the last Gap.
Add a function to customize arrow size.
Version 1.52 2021.10.13
Fixed a small error in the location of arrow pointers.
Changed the default setting of the Timeframe_for_Search parameter from Current to 1 Minute.
Version 1.51 2021.09.15
Minor bug fixed.