CISD - CSD + Price Gap Openings Indicator MT4 - Download - [TradingFinder]

The CISD – CSD + Price Gap Openings indicator can display "CISD" along with new price gap openings (New Opening Caps).

This MetaTrader 4 ICT indicator marks the "CISD" levels according to the filling of price gaps using arrow markers. The "CISD" zone indicates a trend reversal and market retracement.

CISD – CSD + Price Gap Openings Indicator Specifications Table

The following table shows the features and specifications of the CISD – CSD + Price Gap Openings Indicator:

Uptrend Conditions

According to the 1-hour chart of the EUR/USD currency pair, the price fills the gap first, then retraces upwards, closing a bullish candle above the first non-similar colored candle.

In this condition, the indicator detects the "CISD" and highlights it with a green arrow.

Downtrend Conditions

Based on the XAU/USD chart in the 4-hour timeframe, after filling the price gap, the price retraces downwards and closes a bearish candle lower than the first non-similar colored candle.

The CISD – CSD + Price Gap Openings Indicator displays the "CISD" with a red arrow.

CISD – CSD + OGs Indicator Settings

Image below shows the settings for the CISD – CSD + New Daily Price Gap indicator:

• How to show invalidation OGs: How to display invalidated zones
• Show NDOG on the chart: Show daily price gaps
• CISD break limit: Set the maximum number of allowed breaks for the "CISD" level before invalidation
• NDOG Color: Set the color of daily gap zones

Conclusion

The CISD- + Price Gap Openings indicator draws new daily gaps using purple boxes. This MetaTrader 4 signal and forecasting indicator is designed based on ICT Style principles and helps traders identify optimal entry points.

The "CISD" zones typically indicate trend reversals; therefore, arrow displays can be seen as signals for trade entry.