Help needed to mod gap indicator

Is it possible to create an indi that will draw a box where price gaps.

It makes a useful tool to identify possible points that attract price.

I am currently using gapfinder which draws arrows. It can get messy on the charts.

Thanks for your help.


Edit: The following parameters would be required.

Minimum gap size
Gap box colour (box should widen with every candle until it is filled)
Gap box filled colour (box changes colour if price enters it)
Start date/time (indi only examines candles after this period to current) (specifically i would prefer this rather then 'look back no of bars')
Gap alert on/off
Gap distance alert eg 20 pips. (if the price has moved this distance away from a gap to give a box/audible alert)

Edit: I have uploaded a mq4 file for basic indi.

I am assuming that you have the source code and have moderate coding skills. The answer is yes, use a rectangle object instead of an arrow object. I can't imagine that this will make the chart any less messy. I would try smaller arrows first or turn down the sensitivity of the gap identifier ie. 8 pip gaps rather than 3 pip gaps.

I suppose another simple solution using arrows would be to put the indicator in a separate window.

I found the indi on a couple of forums. The source code isn't available.

Ideally i'd like the box to fill the gap area in height and have a user definable width, perhaps in candles.

Would it also be possible so that the box is removed once the gap has been closed?

Would you beable to program it from scratch CodeMeister?

Thanks for your response.

Best wishes.

If it can do something like this, and once the the price enters the box, if the box can change colour it would be a real bonus.

Thanks again.

This kind of thing isn't part of my trading and it seems that the existing software can do the job despite its flaws so this is really low priority in my opinion. I am prepared to offer advice to you or anyone who takes on the project.

Thanks for your consideration.

hello all
i test this indicator >>it's very good ant stable signal..
please can we make ea to working on the signals of this indicator?
thanks..
best regards...

There is already an ea which trades gaps. I think its designed to trade the weekly open.

You will find it here.

http://www.forexfactory.com/showthread.php?p=3251308

Heres some gap trades taken midweek.


http://www.forexfactory.com/showthre...67#post3453267

...another great trade taken today.

http://www.forexfactory.com/showthre...=176854&page=9

I've added mq4 file to first post.

I would like an expert or an indicator that finds GAPS in any timeframe with following conditions :

- Find all Gaps that were created previously during anytime and would like mt4 to create an excel file where all those gaps are recorded with date and time.

- Each day that excel file is updated automatically by mt4 so that if any gap got filled it will not be shown next time.

Thanks.

Hi someone has this Gap Box indicator ? Thx