3 Candles Gap

3 Candle Gap Indicator is made to detect these types of patterns:

1. 3 consecutive bullish or bearish candles
2. the middle candle true body (body excluding shadows) has a part that is not covered by previous and next candle shadows (gap)

This pattern helps traders to detect candles where price has moved in a direction and gap has formed (price is not covered by previous or next candles shadows), this is a signal showing price momentum where one side (bulls/bears) is so powerful at moving the price that the other side (bears/bulls) can't get price back to cover the gap.

This indicator has "repainting" by 1 candle which means, it uses the data from future to work, however this future data does not go further than 1 candle.