The Opening Gap + Void Indicator in (MT4) is an essential Smart Money tool for MetaTrader 4 that helps traders identify price gaps between trading sessions. These gaps act as key support and resistance zones, providing high-probability trade setups.
Key Features:
Automatically detects price gaps (daily, weekly, monthly, yearly)
Distinguishes between filled & unfilled gaps
Gaps act as dynamic support/resistance zones
Removes filled gaps from the chart
You can download it from this link:
https://cdn.tradingfinder.com/file/2...s-void-mt4.zip
You can also access the MetaTrader 5 version of this indicator through this page:
https://www.forexfactory.com/thread/...icator-for-mt5
For instructions on how to install:
https://www.forexfactory.com/thread/...-in-metatrader
Indicator Overview
Category: ICT - Liquidity - Smart Money
Platform: MetaTrader 4 (MT4)
Skill Level: Intermediate
Indicator Type: Continuation - Reversal
Timeframes: Multi-Timeframe
Markets: Forex, Crypto, Stocks, Commodities
Trading Style: Intraday Trading
How the Opening Gap + Void Indicator Works
Uptrend Setup
(EUR/USD - 1H Chart)
A gap forms after the market open
Price moves higher, confirming bullish momentum
Gaps act as support zones, preventing further declines
Potential Buy opportunity at gap retests
Downtrend Setup
(USD/CAD - 15M Chart)
A gap forms at market open
Price moves lower, treating the gap as resistance
Bearish confirmation for short trades
Price correction or rejection from the gap level
Gaps that get filled are automatically removed from the chart, keeping analysis clean.
Indicator Settings & Customization
Main Settings:
NYOG_Show: Show annual opening gap
NYOG_LookBack: Default period for annual gap display
NMOG_Show: Show monthly opening gap
NMOG_LookBack: Default period for monthly gap display
NWOG_Show: Show weekly opening gap
NWOG_LookBack: Default period for weekly gap display
NDOG_Show: Show daily opening gap
NDOG_LookBack: Default period for daily gap display
NDOH_Show: General gap indicator visibility
Invalidation: Highlights broken past levels
Why Use the Opening Gap + Void Indicator?
Detects sudden market movements & liquidity voids
Identifies key reversal zones for entries/exits
Helps refine Smart Money trading strategies
Ideal for ICT & Liquidity-based traders
Use the Opening Gap + Void Indicator to enhance market structure analysis and trade execution!
You can download it from this link:
https://cdn.tradingfinder.com/file/2...s-void-mt4.zip
You can also access the MetaTrader 5 version of this indicator through this page:
https://www.forexfactory.com/thread/...icator-for-mt5
For instructions on how to install:
https://www.forexfactory.com/thread/...-in-metatrader
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