From TradersList Editors

From TradersList Editors

Enhance trading strategies by using this indicator to identify significant price gaps and uncover potential market opportunities.

Enhance trading strategies by using this indicator to identify significant price gaps and uncover potential market opportunities.

MetaTrader Indicator

MetaTrader Indicator

Gaps OHLC Indicator: Histogram Display of Price Gap Sizes Between Consecutive Bars

Gaps OHLC Indicator: Histogram Display of Price Gap Sizes Between Consecutive Bars

MetaTrader trading chart displaying price bars with the Gaps OHLC indicator histogram in a subwindow showing the magnitude of price gaps between the current bar open and the previous bar high or low

by barabashkakvn on MetaTrader

MetaTrader trading chart displaying price bars with the Gaps OHLC indicator histogram in a subwindow showing the magnitude of price gaps between the current bar open and the previous bar high or low

by barabashkakvn on MetaTrader

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Indicator

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MetaTrader

MetaTrader

Price Action

Price Action

Gaps OHLC

Gaps OHLC

Gaps OHLC is a MetaTrader Indicator that illustrates price gap sizes on a histogram by comparing the current bar’s open with the previous bar’s low or high. Visualizes magnitude of price movements.

Gaps OHLC is a MetaTrader Indicator that illustrates price gap sizes on a histogram by comparing the current bar’s open with the previous bar’s low or high. Visualizes magnitude of price movements.

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.

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Free Access

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

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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.

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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.

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Popular Topic

Concepts and theories mentioned in listing are popular topics in web search

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Popular Topic

Concepts and theories mentioned in listing are popular topics in web search

Published by barabashkakvn on MetaTrader

Published by barabashkakvn on MetaTrader

Measuring Price Gap Magnitude

This indicator calculates and displays the size of price gaps by comparing each bar's open with the previous bar's high or low. When the current bar opens above the prior bar's high, it measures a gap up. When it opens below the prior bar's low, it measures a gap down. The results are displayed as a histogram for easy visual comparison.

Visual Histogram of Gap Activity

The histogram format makes it simple to compare gap sizes over time. Tall bars represent large gaps, while short bars indicate minor gaps. Clusters of large gaps suggest heightened volatility or significant news flow. A period of consistently small gaps indicates a quiet, range-bound market where breakout strategies may underperform.

Measuring Price Gap Magnitude

This indicator calculates and displays the size of price gaps by comparing each bar's open with the previous bar's high or low. When the current bar opens above the prior bar's high, it measures a gap up. When it opens below the prior bar's low, it measures a gap down. The results are displayed as a histogram for easy visual comparison.

Visual Histogram of Gap Activity

The histogram format makes it simple to compare gap sizes over time. Tall bars represent large gaps, while short bars indicate minor gaps. Clusters of large gaps suggest heightened volatility or significant news flow. A period of consistently small gaps indicates a quiet, range-bound market where breakout strategies may underperform.

Why Gaps Are Significant in Trading

Gaps represent overnight or between-session price changes where no trading occurred at the intermediate prices. They often signal strong sentiment shifts, earnings surprises or macroeconomic events. The "gap fill" tendency - where price returns to close the gap - is one of the most studied phenomena in technical analysis and forms the basis of many day trading strategies.

Using Gap Data for Strategy Development

By analyzing the histogram over time, traders can quantify gap behavior for a specific instrument. If 70% of gaps on a stock fill within the same session, a gap-fade strategy becomes statistically justified. If gaps rarely fill, it suggests the instrument trends strongly after gapping, favoring continuation trades in the gap direction.

Why Gaps Are Significant in Trading

Gaps represent overnight or between-session price changes where no trading occurred at the intermediate prices. They often signal strong sentiment shifts, earnings surprises or macroeconomic events. The "gap fill" tendency - where price returns to close the gap - is one of the most studied phenomena in technical analysis and forms the basis of many day trading strategies.

Using Gap Data for Strategy Development

By analyzing the histogram over time, traders can quantify gap behavior for a specific instrument. If 70% of gaps on a stock fill within the same session, a gap-fade strategy becomes statistically justified. If gaps rarely fill, it suggests the instrument trends strongly after gapping, favoring continuation trades in the gap direction.

Gap magnitude visualized

Gap magnitude visualized

This indicator calculates and displays the size of price gaps by comparing each bar's open with the previous bar's high or low. Results appear as a histogram, making gap sizes easy to compare over time and revealing periods of heightened volatility or quiet consolidation.

This indicator calculates and displays the size of price gaps by comparing each bar's open with the previous bar's high or low. Results appear as a histogram, making gap sizes easy to compare over time and revealing periods of heightened volatility or quiet consolidation.

Quantify Gap Size Objectively

Tall histogram bars represent large gaps while short bars indicate minor gaps. Clusters of large gaps suggest heightened volatility or significant news flow.

Spot Unusual Gap Activity

Gaps represent overnight sentiment shifts where no trading occurred at intermediate prices. Unusually large gaps signal strong reactions worth analyzing further.

Evaluate Gap Fill Probability

Analyzing gap behavior over time reveals whether an instrument tends to fill gaps or trend after gapping. This data informs gap-fade or continuation strategies.

Common Questions About Gap Analysis

Common Questions About Gap Analysis

Measuring and visualizing gap sizes reveals volatility patterns and trading opportunities. Here are common questions about gap-based analysis.

Measuring and visualizing gap sizes reveals volatility patterns and trading opportunities. Here are common questions about gap-based analysis.

What does the gap histogram tell me about market conditions?

Tall bars represent large gaps signaling heightened volatility or significant news. Clusters of large gaps suggest active market conditions. Consistently small gaps indicate quiet, range-bound markets where breakout strategies may underperform.

Do most gaps fill during the same session?

Studies suggest many gaps fill intraday, but behavior varies by instrument. Analyze the histogram over time to quantify your specific instrument's gap-fill tendency. Some instruments consistently fill gaps while others trend after gapping.

How do I trade gaps using this indicator?

If historical data shows 70% of gaps fill same-session, a gap-fade strategy becomes statistically justified. If gaps rarely fill, consider continuation trades in the gap direction. Let the data guide your strategy selection.

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Web sentiment

Web sentiment

Web traders have mixed feelings about Gaps OHLC; some value its strategy tools, while frustrations arise over interface and reliability issues.

Web traders have mixed feelings about Gaps OHLC; some value its strategy tools, while frustrations arise over interface and reliability issues.

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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🌐

Shved Supply and Demand is a MetaTrader indicator that uses fractals and the ATR to automatically identify and categorize support and resistance zones. It features history mode, multi-timeframe display, mobile notifications and distinction between zone strength like weak, verified, and proven.

MetaTrader chart interface displaying Harmonic Pattern Finder V3 indicator with geometric shapes connecting price swing points to visualize harmonic patterns like Gartley and Bat based on Fibonacci ratios

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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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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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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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