Try ticking the 'Chart on foreground' checkbox in the charts settings (F8).
I find this indicator very useful and would like to make a request making it better by requesting the creator to add alert for when the gaps are filled. I have attached a labeled image to further explain my request.
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WRB Hidden Gap indicator updated to version 1.04 to implement changes suggested by @Jajaofopobo, @1xICT, and @Trader_10.
Hi
I would like to ask for someone to pls explain to me why the "gap" in the blue circle is not a WRB area?
https://snipboard.io/9vZdJl.jpg
Thank you for the help
Kind regards
I would like to ask for someone to pls explain to me why the "gap" in the blue circle is not a WRB area?
https://snipboard.io/9vZdJl.jpg
Thank you for the help
Kind regards
Do you mean why that bar isn't marked as WRB? By default, the indicator compares the bar to previous 3 bars. It should be wider than each of them to count as a WRB. Depending on the UseWholeBars input parameter's value it compares either the Open-Close or High-Low ranges.
I mean why is there no rectangle drawn? Its clearly a "breakaway gap" or a "runaway gap." but probably by definition of WRB not?
Where can I find more in-depth information about the indicator and the theory behind it?
It isn't marked as a gap because it isn't a WRB. For a gap to be marked by the indicator, the bar has first to be a WRB. There isn't much theory behind this. The gap is either getting filled or serves as a support/resistance when the price enters but is then rejected.
Ok clear
Where can I find more in-depth information about WRB and the theory behind it?
Sorry, I cannot recommend anything specific. Try googling it, you will find some articles.
Thank you for implementing my suggestion in the latest release of the indicator, however I will like to suggest a small correction to the implementation which is to include in the alert message if the message is from a bullish or bearish gap rectangle. Thank you again nd looking forward to this correction soon.