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indicator for MetaTrader
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pening Gaps + Breaker Indicator
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Age 3+
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level: Advanced
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English
Author's Instructions
The Opening Gaps + Breaker indicator is a practical tool among MetaTrader 4 indicators. This indicator identifies daily gap areas that act as support and resistance levels, helping traders spot potential trend reversal zones.
It highlights support gaps in green and resistance gaps in red. If the price breaks through any of these areas and forms a Breaker Block (where a support zone turns into resistance or vice versa), the color of that zone changes to blue.
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-
indicator for MetaTrader
-
pening Gaps + Breaker Indicator
-
Age 3+
-
level: Advanced
-
English
Author's Instructions
The Opening Gaps + Breaker indicator is a practical tool among MetaTrader 4 indicators. This indicator identifies daily gap areas that act as support and resistance levels, helping traders spot potential trend reversal zones.
It highlights support gaps in green and resistance gaps in red. If the price breaks through any of these areas and forms a Breaker Block (where a support zone turns into resistance or vice versa), the color of that zone changes to blue.