Summary of New Day Opening Gap and New Week Opening Gap (NWOG-NDOG) Indicator MT4/5 - Free📥

The video discusses the New Day Opening Gap and New Week Opening Gap indicators available for MetaTrader 4 and MetaTrader 5 platforms. These indicators can be downloaded from the Trading Finder website and are designed to help traders identify and analyze daily gaps in the market.

Key Features:

Installation Instructions: Traders can drag the indicator file onto their chart, enable DLL imports, and confirm settings to start using the indicator.
Gap Identification: The indicator automatically identifies daily gaps, marking where the price closed and opened the next day.
Display Settings: The input section allows users to customize the display with three themes: Dark, Light, and Auto. The Auto mode changes candle colors based on market trends (bullish candles are bright green, and bearish candles are bright red).
General Settings: Users can modify display modes for annual, monthly, weekly, and daily gaps, with options to show or hide gaps for each time frame. The indicator can display up to the last five candles for each mode.
Gap Behavior Settings: Users can configure settings to show or remove gaps based on whether they are filled or approached. The default setting marks filled gaps in brown.

The video ends with an invitation for viewers to share their comments and suggestions regarding the indicator tutorial.

The video does not specify individual speakers but refers to the Trading Finder website as the source for downloading the indicators.

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