VolSys's Gap Detector indicator allows you to highlight any price gaps within the chart.

TABLE OF CONTENTS

• Settings-of-Use
  • General
    • Gap Mode
    • Calculation Mode
    • Value-Perc.
    • Value Tick
    • Cross-All-Bar
  • Color Settings

Settings-of-Use

Clicking on the indicator settings icon will open its configuration window, within which you will be able to make several choices regarding the functionality of the indicator itself.

General

• <>

  Mode-gap

Defines how gaps are calculated, specifically: 

• Starting Day

Identify the gaps that form between the closing of the previous session and the opening of the current session;

• All 

Identifies all price gaps.

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  Calculation-mode

• Percentage

Calculates gaps based on a percentage value.

• Tick

Calculates gaps based on a tick value.

• Value Perc.

Defines the minimum percentage value for gap calculation.

• Tick-Value

Defines the minimum number of ticks for gap calculation.

• Cross-all-the-bar

If enabled it will only delete gaps that are closed completely

Color Settings

Lets you define opacity and colors differentiating between bullish and bearish gaps