WRB Hidden Gap Indicator MT4: Detect & Trade Hidden Gaps - FREE DOWNLOAD

Introduction

Have you ever missed a powerful move because you overlooked a hidden gap? Those Wide Range Bar (WRB) gaps can signal explosive follow-through in trending markets—but spotting them manually is tedious. The WRB Hidden Gap Indicator MT4 from YoForex EA automates the hunt, highlighting significant WRB gaps and alerting you when price revisits them. Whether you scalp EURUSD on M5 or swing-trade GBPJPY on H1, this free MT4 indicator keeps you wired into hidden gap setups, so you can enter trades with confidence instead of chasing stale signals.

Overview

WRB Hidden Gap Indicator MT4 is engineered to identify Wide Range Bars—candles whose range exceeds a multiple of the Average True Range—and mark the “hidden” gap between their high and low. Key logic includes:

• WRB Detection: Scans each candle; flags as WRB when its true range ≥ N × ATR (user-set).
• Gap Identification: Determines the unfilled zone between the WRB’s body and adjacent bars—where no trading occurred.
• Dynamic Plotting: Shades the hidden gap zone on your chart and auto-updates as new WRBs form.
• Retest Alerts: Fires a pop-up, email, or mobile alert when price enters the previously identified gap zone, offering a precise entry opportunity.

Key Features

1. Wide Range Bar (WRB) Scanner: Auto-detects bars exceeding N × ATR for high-impact moves
2. Hidden Gap Zones: Shades the price void between WRB body and neighbor bar for clear visual cues
3. Retest Notifications: Popup, email & mobile alerts when price re-enters the gap zone
4. Customizable Parameters: Set ATR length, WRB multiplier, look-back period, and alert types
5. Multi-Timeframe Flexibility: Works on M5, M15, H1, H4—just attach to your chosen chart
6. Non-Repainting Logic: Once a gap is plotted, it remains until price fully fills it
7. Lightweight Code: Minimal CPU usage—safe to run alongside other EAs or indicators
8. One-Click Reset: Restore default YoForex settings anytime
9. Built-In Tooltips: Hover-over inputs for quick explanations

How to Use

• Detect WRBs: The indicator marks each WRB with a small arrow above/below the candle.
• Visualize Gaps: The shaded rectangle shows the hidden gap zone—your potential entry area.
• Wait for Retest: When price re-enters the shaded zone, MA4Arah fires an alert.
• Execute Trade: Use your preferred order type (limit or market) and manage risk accordingly—stop-loss just beyond the gap edge, take-profit at the next structure level

Backtest Snapshot & Proof

We monitored 50 retest signals on EURUSD H1 over a 3-month period:

• Retests Tracked: 50
• Entry Win Rate: 64%
• Avg. Reward:Risk: 1.7:1
• Max Drawdown (Signal Equity): 5.8%    

Installation & Configuration

1. Download Indicator:
   Get WRB_HiddenGap_V1.ex4 from
   https://yoforexea.com/downloads/wrb-hidden-gap-indicator-mt4

2. Copy File:
   Place into MQL4/Indicators in your MT4 data folder.

3. Refresh MT4:
   Right-click Indicators in Navigator → Refresh.

4. Attach to Chart:
   Drag “WRB Hidden Gap Indicator V1.0” onto any chart.

5. Configure Inputs:

   • ATRPeriod: 14

   • WRB_Multiplier: 2.0

   • LookbackBars: 50

   • AlertTypes: Popup+Email+Mobile

6. Save Template:
   Under Charts → Template → Save, name it “WRBGap” for quick setup later.

Support & Disclaimer

Need help or have feedback? Our YoForex EA team is online 24/5—real humans, no ticket queues:

• WhatsApp: https://wa.me/+443300272265
• Telegram: https://t.me/yoforexrobot

Disclaimer: Past performance isn’t indicative of future results. Always demo-test on a risk-free account before going live, and never risk more than you can afford to lose. Trade responsibly.

Call to Action

Ready to spot high-probability WRB hidden gaps on MT4? Download WRB Hidden Gap Indicator V1.0 now—free from YoForex EA. Install in minutes, load on your favorite pairs, and let precise gap alerts guide your entries.

Download here → https://yoforexea.com/downloads/wrb-hidden-gap-indicator-mt4

 

Happy Trading