From TradersList Editors

From TradersList Editors

Detect and visualize price gaps effortlessly with customizable alerts and historical views to enhance your trading strategies.

Detect and visualize price gaps effortlessly with customizable alerts and historical views to enhance your trading strategies.

MetaTrader Indicator

MetaTrader Indicator

GapFinder Indicator: Automatic Price Gap Detection with Visual Markers and EA Compatibility

GapFinder Indicator: Automatic Price Gap Detection with Visual Markers and EA Compatibility

MetaTrader trading chart displaying GapFinder indicator visualizing price gaps between consecutive bars using up and down arrows and colored rectangles with upper and lower boundary lines

by scriptor on MetaTrader

MetaTrader trading chart displaying GapFinder indicator visualizing price gaps between consecutive bars using up and down arrows and colored rectangles with upper and lower boundary lines

by scriptor on MetaTrader

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Indicator

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MetaTrader

MetaTrader

Price Action

Price Action

GapFinder

GapFinder

GapFinder is a MetaTrader Indicator that identifies and displays trading gaps between the high and low of consecutive bars using arrows. Offers a range of customization options, such as minimum gap size and display modes.

GapFinder is a MetaTrader Indicator that identifies and displays trading gaps between the high and low of consecutive bars using arrows. Offers a range of customization options, such as minimum gap size and display modes.

Get on MetaTrader

This indicator is available on MetaTrader charting platform. Signing up for a free account and downloading MetaTrader software is required.

Get on MetaTrader

This indicator is available on MetaTrader charting platform. Signing up for a free account and downloading MetaTrader software is required.

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Open Source

Listing has publically available source code that can be audited and modified as needed.

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Open Source

Listing has publically available source code that can be audited and modified as needed.

💸

Free Access

All features of this listing are fully free to use with no pricing tiers. Simply start using.

💸

Free Access

All features of this listing are fully free to use with no pricing tiers. Simply start using.

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Trusted Publisher

Publisher of this listing is well recognized in social channels and receives overwhelmingly positive feedback.

🥇

Trusted Publisher

Publisher of this listing is well recognized in social channels and receives overwhelmingly positive feedback.

Robust Theory

Concepts and theories mentioned in listing are based on generally approved and well established notions.

Robust Theory

Concepts and theories mentioned in listing are based on generally approved and well established notions.

Published by scriptor on MetaTrader

Published by scriptor on MetaTrader

Automated Gap Detection

Price gaps occur when the low of one bar is higher than the high of the previous bar (gap up) or the high is lower than the previous low (gap down). GapFinder automatically scans for and marks these gaps on the chart, ensuring no gap goes unnoticed regardless of how many bars are displayed.

Types of Gaps and Their Significance

Not all gaps are equal. Breakaway gaps occur at the start of new trends and carry high significance. Continuation gaps appear mid-trend and confirm the move's strength. Exhaustion gaps form at trend ends and often signal a reversal. Identifying the type helps determine whether to trade with or against the gap.

Automated Gap Detection

Price gaps occur when the low of one bar is higher than the high of the previous bar (gap up) or the high is lower than the previous low (gap down). GapFinder automatically scans for and marks these gaps on the chart, ensuring no gap goes unnoticed regardless of how many bars are displayed.

Types of Gaps and Their Significance

Not all gaps are equal. Breakaway gaps occur at the start of new trends and carry high significance. Continuation gaps appear mid-trend and confirm the move's strength. Exhaustion gaps form at trend ends and often signal a reversal. Identifying the type helps determine whether to trade with or against the gap.

Gap Fill Trading Opportunities

Many gaps eventually get filled as price retraces to cover the skipped range. GapFinder makes it easy to track which gaps remain open and which have been filled. Open gaps serve as potential price targets - a gap below current price acts as a magnet that could pull price down during the next retracement.

Using Gaps with Support and Resistance

Gaps create natural support and resistance zones. The top of an unfilled gap-up zone acts as support when price revisits it. The bottom of an unfilled gap-down zone acts as resistance. GapFinder highlights these zones automatically, adding another layer of technically significant levels to the trader's analysis.

Gap Fill Trading Opportunities

Many gaps eventually get filled as price retraces to cover the skipped range. GapFinder makes it easy to track which gaps remain open and which have been filled. Open gaps serve as potential price targets - a gap below current price acts as a magnet that could pull price down during the next retracement.

Using Gaps with Support and Resistance

Gaps create natural support and resistance zones. The top of an unfilled gap-up zone acts as support when price revisits it. The bottom of an unfilled gap-down zone acts as resistance. GapFinder highlights these zones automatically, adding another layer of technically significant levels to the trader's analysis.

Automated gap detection

Automated gap detection

Price gaps occur when the low of one bar is higher than the high of the previous bar or vice versa. GapFinder automatically scans for and marks these gaps, tracking which remain open as potential price targets.

Price gaps occur when the low of one bar is higher than the high of the previous bar or vice versa. GapFinder automatically scans for and marks these gaps, tracking which remain open as potential price targets.

Identify Overnight Imbalances

Breakaway gaps at trend starts carry high significance. Continuation gaps confirm move strength. Exhaustion gaps at trend ends signal potential reversal.

Track Gaps Automatically

The indicator marks gaps and tracks whether they remain open or have been filled. No gap goes unnoticed regardless of how many bars are displayed.

Use Open Gaps as Price Magnets

Many gaps eventually get filled as price retraces. Open gaps below current price act as magnets that could pull price down during retracements.

Common Questions About Gap Trading Strategies

Common Questions About Gap Trading Strategies

Gap detection tools identify price discontinuities between sessions or within intraday action that create potential trading opportunities. These questions address gap classification and trading approaches.

Gap detection tools identify price discontinuities between sessions or within intraday action that create potential trading opportunities. These questions address gap classification and trading approaches.

What types of gaps should I focus on for trading?

Breakaway gaps at the start of new trends offer continuation opportunities. Exhaustion gaps at trend ends often reverse. Common gaps within ranges typically fill. Measuring gaps in the middle of moves project targets. Classify gaps by context rather than treating all gaps equally.

Do most gaps eventually fill and should I always fade them?

Statistics suggest many gaps fill but timing varies from minutes to months. Breakaway gaps in strong trends may never fill. Fading all gaps without context produces losses in trending markets. Consider gap type, trend direction and time elapsed since formation.

How do I set targets when trading gap fills?

The gap close level where prior session ended is the obvious target. Some gaps only partially fill to the 50% level. Use prior support and resistance within the gap zone for intermediate targets. Trailing stops help capture profit if the fill completes rapidly.

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Web sentiment

Web sentiment

Traders online feel overwhelmingly positive about GapFinder, noting its efficiency, speed, and superior data handling, while appreciating strong community support in MQL5 forums.

Traders online feel overwhelmingly positive about GapFinder, noting its efficiency, speed, and superior data handling, while appreciating strong community support in MQL5 forums.

Source: Online Discussion

Source: Online Discussion

Source: Online Discussion

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TradersList Reviews (3)

TradersList Reviews (3)

TradersList Community has given this listing three stars, indicating decent trust and value for traders' toolkit. Make sure you understand functionality before using.

TradersList Community has given this listing three stars, indicating decent trust and value for traders' toolkit. Make sure you understand functionality before using.

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Source: TradersList Reviews

Source: TradersList Reviews

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🔑

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🏅

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🔑

🌐

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🔑

🌐

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🔑

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by andorofo

Free

MetaTrader Indicator

Harmonic Pattern Finder V3

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Harmonic Pattern Finder V3 is a MetaTrader indicator that automatically identifies harmonic patterns using Fibonacci ratios and pattern matching algorithms. It offers customizable displays to reduce screen clutter, interactive pattern highlighting with detailed analytics, unified zigzag selection, statistical performance tracking and a refactored codebase for easy integration with other indicators.

MetaTrader price chart displaying the Squeeze indicator with color-coded price bars to visualize market volatility

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by mladen

Free

MetaTrader Indicator

Squeeze - on chart

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🌐

🏅

Squeeze - on chart is a MetaTrader indicator that color-codes candles or bars with potential on-going long or short squeezes, based on standard deviations.

MetaTrader chart displaying Price Heatmap indicator with color-coded price histograms and purple dotted peak lines showing time-at-price duration and market activity zones

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by fxborg

Free

MetaTrader Indicator

Price Heatmap

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Price Heatmap is a free MetaTrader indicator that visualizes price movements using heatmap style visuals to convey where, when and how long an asset spent time at various price levels. In essence, this is a rolling, dynamic market profile.

MetaTrader price chart displaying highlighted price action patterns with text labels identifying formations such as hammers, doji and evening stars

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by scriptor

Free

MetaTrader Indicator

Patterns

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🌐

🏅

Patterns is a MetaTrader indicator that automatically identifies thirty popular candlestick patterns on price charts. With 38 adjustable settings, it allows customization of pattern displaying, tooltips and detection criteria.

MetaTrader chart featuring the Tarzan Price Action Indicator with price bars and color-coded RSI lines. The central line appears green for upward signals and red for downward signals. Sky blue and orange zones define the channels while pale gray sections highlight overbought or oversold conditions.

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by scriptor

Free

MetaTrader Indicator

Tarzan

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🏅

Tarzan is a MetaTrader Indicator that visualizes RSI changes that align with price action, using simple color-coded bars and signal arrows. Multiple customziation options, like smoothed RSI and adjustable channels.

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by scriptor

Free

MetaTrader Indicator

Extreme_TMA_line_indicator

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🏅

Extreme_TMA_line_indicator is a MetaTrader Indicator that calculates price bands to identify extremes using TMA and ATR, defined by an user specified multiplier. This indicator also draws a central line that changes color based on trend direction.

MetaTrader price chart displaying the Market_Sessions indicator with color-coded rectangular zones highlighting Sydney Tokyo London and New York trading sessions

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by scriptor

Free

MetaTrader Indicator

Market_Sessions

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🌐

Market_Sessions is a MetaTrader Indicator that displays New York, London, Tokyo and Sydney trading sessions on price charts. This indicator offers customizable settings for session times, colors, labels and lines. Usable on 1 hour timeframe or lower.

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by godzilla

Free

MetaTrader Indicator

KI_signals

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KI_signals is a MetaTrader indicator that generates signals using the XMACD histogram by detecting changes in histogram and signal line directions and their intersections, displayed as colored candlesticks.

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Disclaimer

Our goal is to achieve greater transparency, guidance and safety in trading and investing by providing means to discover, research and discuss trading/investing related sites/services.

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Disclaimer

Our goal is to achieve greater transparency, guidance and safety in trading and investing by providing means to discover, research and discuss trading/investing related sites/services.

Content provided on this site is not financial advice, meant for educational purposes only. TradersList does not endorse or guarantee any result for listed sites/services. Do your own research.

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