Gap

Fair Value Gap (FVG) Indicator – indicator MetaTrader 5

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Fair Value Gap (FVG) Indicator - indicator for MetaTrader 5
Fair Value Gap (FVG) in trading refers to a price inefficiency or imbalance that occurs when there is a significant gap between the opening, high, low, and closing prices of three consecutive candles. It typically happens when one candle’s range fails to fully overlap with the previous and subsequent candles, leaving a “gap” in the … Read more

Gap indicator – indicator MetaTrader 4

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Gap indicator - indicator for MetaTrader 4
//+——————————————————————+ //| Gap indicator                                                    | //| FOREX&STOX                                                       | //| ram-kr@krastalk.ru                                               | //+——————————————————————+ #property copyright “ram-kr@krastalk.ru” #property link “” #property indicator_separate_window #property indicator_buffers 2 #property indicator_color1 Blue #property indicator_color2 Red #property indicator_width1 2 #property indicator_width2 2 double ExtMapBuffer1[]; double ExtMapBuffer2[]; //+——————————————————————+ //| Custom indicator initialization function                         | //+——————————————————————+ int init() { //—- indicators IndicatorBuffers(2); SetIndexStyle(0,DRAW_HISTOGRAM); SetIndexBuffer(0,ExtMapBuffer1); SetIndexLabel(0,”Blue”); … Read more

Gap DM – EA MetaTrader 5

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Gap DM
Idea by – Vladimir Khlystov mq5 code author – barabashkakvn The Expert Advisor waits for a gap at the bar opening. If a gap is found (Close #1 – Open #0), the EA opens a position opposite to the gap. Configurable settings: Stop Loss, Take Profit, lot type: constant or dynamic (Money management) and the maximum number of open … Read more