The Opening Gap + Void Indicator in (MT5) is an essential Smart Money tool for MetaTrader 5 that helps traders identify price gaps between trading sessions. These gaps act as dynamic support and resistance levels, offering high-probability trading opportunities.
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...id-ict-mt5.zip
You can also access the MetaTrader 4 version of this indicator through this page:
https://www.forexfactory.com/thread/...icator-for-mt4
For instructions on how to install:
https://www.forexfactory.com/thread/...-in-metatrader
Indicator Overview
Category: ICT - Liquidity - Smart Money
Platform: MetaTrader 5 (MT5)
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
(USD/CHF - 30M Chart)
A gap forms after the market open
Price returns to the gap, confirming support
Prevents further decline, creating a buy opportunity
Potential Buy entry on gap retest
Downtrend Setup
(Bitcoin - 15M Chart)
A gap forms at market open
Price retraces to the gap, confirming resistance
Prevents further bullish momentum, leading to a sell setup
Ideal for short positions
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 previously broken 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...id-ict-mt5.zip
You can also access the MetaTrader 4 version of this indicator through this page:
https://www.forexfactory.com/thread/...icator-for-mt4
For instructions on how to install:
https://www.forexfactory.com/thread/...-in-metatrader
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