Gap Manager MT4 Indicator
Explore All MT4 Indicators
- Daily Pivot Points and OHLC Auto
- Initial Balance Strategy Indicator
- Moving Average Tracker Indicator
- Moving Average Trend Synchronizer
- Trend Tracker
- Gap Manager
- Risk to Reward Calculator
- Pin Bar Pattern Manager
- Rising Falling Method Patterns
- Range Breaker
- Candle Timer
- Candle Range
- Round Levels
- Trading Time Zones
- Gap Detector
- Risk to Reward Tool
- Trade Point Measure
- FX News on Chart
- Trade Manager basic (EA)
- Engulfing Candle Pattern
- Engulfing Candle by Number
- Engulfing Candle by Size
- Harami and Harami Cross
- Dark Cloud Cover Pattern
- Piercing Pattern
- Hammer and Hanging Man
- Inverted Hammer
- Pivot Points and OHLC Manual
- Pivot Points Manual
- Open, High, Low and Close Manual
- FX Daily Pivot Points
The Gap Manager indicator displays a signal on the chart whenever a gap is detected.
- Standard: picks up Inside Bar Gaps and Window Gaps.
- Inside Bar Gaps only.
- Window Gaps only.
The user can select the size of the gap to scan for. The signal is shown as a green dot under the gapping candle for a gap up and as a red dot above the gapping candle for a gap down. An option is available to remove the signal from the chart if the market retraces and closes the gap.
An option is also available to draw a line on the chart to show the level at which a gap was closed. For an unclosed gap it can draw a Target Line on the chart showing the level at which the gap will be closed (based on either the close price or high/low price).
Gaps can often form in a market due to strong price action. These gaps can be an indication of a momentum or a change in direction. Also, when a gap forms, markets may retrace to close that gap. This indicator allows you to scan your chart to see where gaps have occurred and how this affected the trend.
This indicator is useful to see where gaps have occurred and where they have been closed. In addition, it allows you to see “Target Lines” which are potential areas for retracement to close the gap.
Metatrader 4 – MT4.
Frequently Asked Questions
After you purchase your indicator, you will see a purchase confirmation page. On this page you will be able to download your purchased indicator. You will also receive an email some time after purchase with another copy of the download link.
You can find full instructions on how to install and activate in this article: How to Install and Use MT4 Custom Indicators and EAs (full guide).
No, custom MT4 indicators and EAs only work on the desktop version of MT4. It is also recommended that you checkout on a PC.
You will be directed to a checkout page to complete your download. If it is a free indicator then you will just need to put in your name and email address and then you will receive access to the free download.
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There is no support available with the Free downloads. We are happy to receive feedback and suggestions, please send these via our contacts page: LINK.
These products are sold with limited support and ‘as is’. Information on the indicators, their purpose, functionality and inputs are available on each individual indicators page and associated PDF guide which is free to download and review.
For basic troubleshooting please email [email protected] with your purchase reference and we will respond within 24 hours (Monday-Friday).