DeskConcepts
Two-way gap
Up gap and down gap overlapping in price.
An up gap and a down gap overlap in price. The band was traversed both ways and is balanced in that sense.
Neither gap has to be untouched: the second one exists precisely because price ran back through the first and filled it. The band holds until price returns to it. Built from Price gap finds.
Names
Neutral: Two-way gap / Zwei-Wege-Lücke. ICT: Balanced Price Range, short BPR.
Settings
Max. distance between the two gaps defaults to 30 bars.