The indicator draws a box between the closing price of one candle and the opening price of the next whenever a gap occurs, helping traders easily spot potential areas of interest where the market has skipped over price levels. The boxes do not extend beyond the gap itself, keeping the chart clean and focused on the price action.
Features:
Detects both upward and downward gaps.
Non-extending boxes that accurately represent the size of each gap.
Customizable colors for up and down gaps to match your chart style.