Hidden Gap WRB Indicator Download for MT5 – Free | Forex Indicator Download – MetaTrader 5 Resource

The WRB Hidden Gap indicator is designed to identify hidden supply and demand areas as well as key price reaction levels in MetaTrader 5.

This trading tool is based on the concept of wide range bars (WRB) and identifies hidden gaps, displaying them as colored boxes directly on the chart.

WRB Hidden Gap Indicator Specification Sheet

The characteristics of WRB hidden gap indicator are as follows.

WRB Hidden Gap Overview

In technical analysis , hidden gaps act as invisible support and resistance levels, where price reactions often signal potential trading opportunities.

The WRB Hidden Gap Indicator enables traders to identify entry and exit points more accurately.

Bullish trend analysis

According to the 1-hour Ripple (XRP) chart, the price hit an unfilled bullish hidden gap after a bearish correction before entering an uptrend.

In this case, exposure to the hidden gap area could signal a potential buy entry.

Bearish trend analysis

According to the NZD/USD chart, the price entered a strong downtrend after hitting a hidden gap.

These bearish hidden gaps often act as hidden resistance levels, and price reaction to them may provide selling opportunities.

WRB hide gap indicator settings

The setting fields for the WRB hidden gap indicator are as follows:

General Setting

• Analysis Timeline : Define the time frame for identifying elements
• Calculation using full candles : Use full candles (body + wick)
• Start calculation from this bar number : Select the bar index to start calculation
• Review previous bar numbers for WRB comparison : Number of bars used for WRB calculation

Alert Setting

• Enable sound alerts : Activate sound notifications
• Enable Intrusion from Below Alerts : Alert when price enters a hidden gap from below
• Enable Violation Alerts from Above : Alert when price enters a hidden gap from above
• Enable HG mode alerts : notify when new hidden gaps are formed
• Enable WRB mode alert : notify when new WRB is detected
• Enable HG fill pattern alerts : notify when previously discovered hidden gaps are filled
• Enable local alerts : Use MetaTrader’s native alert system
• Enable email alerts : Send alerts via email
• Enable push notifications : Enable push reminders

Color Setting

• Normal Bullish Color : Color of Unfilled Bullish Hidden Gaps
• Crossover Bullish Color : The color of an unfilled bullish gap that overlaps a previous gap
• Normal Bearish Color : Color of unfilled bearish hidden gaps
• Cross Bearish Color : The color of an unfilled bearish gap that overlaps a previous gap
• Color of normal bullish breakout : color of filled bullish gap, no overlap
• Bullish Breakout Crossover Colors : Colors that fill and overlap bullish gaps
• Colors for normal bearish breakouts : Color indicates filled and non-overlapping short gaps
• Crossover Bearish Breakout Color : Color that fills the bearish gap and overlaps

Wing Dings Setting

• WingDings symbol displayed by WRB : visually displays the icon number of WRB
• Line style for histogram display : style for drawing HG boxes
• Use hollow boxes for display : Enable hollow box rendering

Conclusion

The WRB Hidden Gap Indicator is a specialized tool for identifying hidden supply and demand areas and marking hidden gaps. Support and resistance levels .

This indicator detects hidden gaps by analyzing wide candlesticks (WRB) and the gaps between them. It then displays the gap directly on the chart.

These plotted areas serve as key price reaction points that are critical in predicting future market movements.