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Opening Gap and Void ICT Indicator MT4

Opening Gap and Void ICT Indicator MT4

The Opening Gap and Void ICT Indicator MT4 for MetaTrader 4 is specifically developed to identify price gaps that occur between trading sessions. A gap forms when a candlestick’s opening price significantly differs from the prior candlestick’s closing price.
This indicator automatically marks these price gaps on the chart. Once the market fills a gap, the indicator removes it, ensuring only unfilled zones remain highlighted.

«Indicator Installation & User Guide»

MT4 Indicator Installation | Opening Gap and Void ICT Indicator MT | ALL Products By TradingFinderLab | Best MT4 Indicator: Refined Order Block Indicator for MT4 | Best MT4 Utility: Trade Assistant Expert TF MT4 | TP & SL Tool: Risk Reward Ratio Calculator RRR MT4 | Money Management: Easy Trade Manager MT4


Indicator Specifications Table

Below is a summary of the specifications for the Opening Gap and Void ICT Indicator MT4:

Category

ICT - Liquidity - Smart Money

Platform

MetaTrader 4

Skill Level

Intermediate

Indicator Type

Continuation - Reversal

Timeframe

Multi-Timeframe

Trading Style

Intraday Trading

Market

Forex - Cryptocurrency - Stocks - Commodities

 

Overview of the Indicator

Price gaps between candlesticks indicate a sudden shift in market conditions. This indicator highlights gaps caused by high volatility, major economic news, or shifts in market sentiment. By identifying these gaps, traders gain insights into potential price movements.
Initially, an unfilled gap is marked in green. Once the price revisits and fills the gap, it changes to red, indicating the area has been consumed.

 

Opening Gap and Void ICT Indicator in an Uptrend

In an uptrend, price gaps can act as dynamic support zones. The EUR/USD 1-hour chart below illustrates how a gap formation precedes a price rally. These unfilled gaps serve as support, preventing deeper pullbacks when price retraces.

 

Opening Gap and Void ICT Indicator in a Downtrend

Conversely, in a downtrend, gaps function as resistance zones. The USD/CAD 15-minute chart below demonstrates how, upon reaching a resistance gap, the price reacts and moves lower.

 

Opening Gap and Void ICT Indicator Settings

The following settings allow traders to customize the behavior of the Opening Gap and Void ICT Indicator MT4:

  • HYOG Show – Enables annual gap detection
  • Months to Check Back – Defines historical range for monthly gap analysis
  • NMOG Show – Toggles monthly gap visibility
  • Weeks to Check Back – Sets the timeframe for weekly gaps
  • NWOG Show – Displays weekly gaps on the chart
  • Days to Check Back – Determines the tracking period for daily gaps
  • NDOG Show – Activates daily gap identification
  • Invalidate Gaps – Defines conditions under which gaps should be removed
  • SupportZone – Customizable color for support gap areas
  • ResistanceZone – Customizable color for resistance gaps
  • SupportArrow – Adjusts the arrow color for support signals
  • ResistanceLabel – Modifies the label color for resistance zones

 

Conclusion

The Opening Gap and Void ICT Indicator MT4 is a powerful tool for identifying price gaps in financial markets. These gaps often act as critical support and resistance zones, helping traders refine their market analysis.
Traders utilizing ICT methodologies, Smart Money principles, and liquidity-based strategies can leverage this indicator to enhance trade execution and overall decision-making.

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- Real price is 80$ - 40% Discount (It is 49$ now) - Lifetime update free Contact me for instruction, add group and any questions! Related Products:  Bitcoin Expert , Gold Expert - Non-repaint - I just sell my products in Elif Kaya profile, any other websites are stolen old versions, So no any new updates or support. Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The break and retest strategy is design
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5 (5)
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Tanıtım       Quantum Breakout PRO   , Breakout Bölgeleri ile ticaret yapma şeklinizi değiştiren çığır açan MQL5 Göstergesi! 13 yılı aşkın ticaret deneyimine sahip deneyimli tüccarlardan oluşan bir ekip tarafından geliştirilen   Quantum Breakout PRO   , yenilikçi ve dinamik koparma bölgesi stratejisiyle ticaret yolculuğunuzu yeni zirvelere taşımak için tasarlanmıştır. Kuantum Breakout Göstergesi, size 5 kar hedefi bölgesi ile kırılma bölgelerinde sinyal okları ve kırılma kutusuna dayalı olara
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Marzena Maria Szmit
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