GapHunter

GapHunter stands as a reliable tool in the realm of Forex trading. It helps traders track market trends effectively by displaying both closed and unclosed gaps on a specific timeframe and time range. By default, closed gaps are not displayed, and the search timeframe is set to the existing one.

GapHunter in Flat and Trend Market Conditions

GapHunter proves its utility in different market conditions. In a flat market scenario, it aids in tracking the direction of the position set by large market participants. On the other hand, during a trend, it reveals the points where large market participants complete their positions. This feature helps filter out false pivot points, enhancing the accuracy of your Forex market analysis.

Understanding Timeframe_for_Search Parameter

The GapHunter tool offers flexibility with its Timeframe_for_Search parameter. If you set this parameter to ‘Current’ in the indicator settings, the tool will display the gaps of the timeframe selected in MT4. If you explicitly set the Timeframe_for_Search, for example, to 1 Minute, the tool will display the unclosed gaps of minute candles (bars) on any timeframe chosen in MT4.

GapHunter’s Buffers for External Applications

GapHunter has been designed with four buffers for use by external applications via the iCustom function. This includes SetIndexBuffer(0, GAPUp) that buffers the price of gaps up, SetIndexBuffer(1, GAPDn) that buffers the price of gaps down, SetIndexBuffer(2, GAPUpCl) that buffers the prices of closed gaps up, and SetIndexBuffer(3, GAPDnCl) that buffers the prices of closed gaps down. These buffers provide users with flexibility and control over their Forex trading strategies.

Independent Testing and Updates

For those keen on understanding the effectiveness of GapHunter, independent testing results are available on the forexroboteasy.com website. Subscribing to updates on this site will keep you abreast of the testing outcomes of this product, enhancing your Forex market analysis.

FAQ Section

Q: Can I track both closed and unclosed gaps with GapHunter?

A: Yes, GapHunter allows you to track both closed and unclosed gaps. It provides options to customize the display according to your preference.

Q: How does GapHunter help in the trend market?

A: In a trending market, GapHunter shows the points where large market participants complete their positions, helping you make informed trading decisions.

Q: Can I use GapHunter with external applications?

A: Yes, GapHunter is designed with four buffers that can be used by external applications via the iCustom function.

We invite readers to share their experiences with GapHunter. Your insights can be invaluable to other traders. It’s essential to bear in mind that this GapHunter review is entirely independent, and the product is not affiliated with the author or this publication.