NWOG / NDOG Detector
Automatically plots New Week and New Day Opening Gaps with consequent encroachment, direction and fill tracking.
What Are NWOGs and NDOGs?
A New Week Opening Gap (NWOG) is the gap between Friday's close and Sunday's open in forex markets β the price range that was skipped over the weekend when markets were closed. A New Day Opening Gap (NDOG) is the same concept applied daily: the gap between the previous day's close and the current day's open.
In ICT methodology, these gaps are institutional reference levels. Price has a strong tendency to return and fill these gaps β or at minimum, reach the Consequent Encroachment (CE) at the 50% level. This makes NWOGs and NDOGs some of the most reliably predictive levels in the entire ICT toolkit. This indicator automates their detection and tracking for both weekly and daily timeframes simultaneously.
Key Features
Automatic NWOG Detection
Identifies New Week Opening Gaps across all forex pairs and crypto markets. Plots the full gap zone as a box, labels the gap direction (bullish/bearish), and tracks whether the gap has been filled. Up to 20 NWOGs can be displayed simultaneously for historical analysis.
Automatic NDOG Detection
Identifies New Day Opening Gaps on all markets. Particularly useful on indices (US30, NAS100) and crypto which have daily gaps more frequently than forex. Displays up to 20 NDOGs with full fill tracking.
Consequent Encroachment (CE) Levels
Plots the 50% midpoint of every NWOG and NDOG. The CE is the precision target and entry level in ICT β price reaching the CE of a gap is a high-probability reversal or continuation signal depending on higher timeframe context.
Fill Tracking
Gaps automatically change state when price fills them. Fully filled gaps can be shown or hidden β keeping the chart focused on unfilled gaps that remain relevant reference levels.
Gap Direction Labels
Each gap is labelled with its direction, size, and fill status. Instantly see at a glance which gaps are open, how large they are, and whether they're bullish or bearish.
Box Extension Control
Configure how far each gap box extends into the future. Wider extensions give more visual context for when price might return to fill; tighter extensions keep the chart clean during consolidation periods.
Settings Reference
Works On
NWOGs: Forex pairs primarily (EUR/USD, GBP/USD, USD/JPY, all majors and minors). Crypto pairs with weekend trading also produce NWOGs. NDOGs: All markets including indices (US30, NAS100, SPX500), forex, crypto, commodities. Best viewed on 1Hβ4H for NWOGs; 15mβ1H for NDOGs.
Recommended Setup
Enable both NWOG and NDOG with CE levels on. Set NWOG max to 4 (one month of context) and NDOG max to 5 (one week). Use on 1Hβ4H charts where the gap zones are clearly visible. When price approaches an unfilled NWOG or NDOG, check the CE level β entries at the 50% CE with confirmation from the FVG Scanner or Order Blocks indicator are high-probability ICT setups. NWOGs that align with HTF order blocks are the highest-conviction trades in the ICT playbook.