StockRadar - Gap Trading System

StockRadar – Gap Trading System

StockRadar – Gap Trading System is a visual gap-detection and gap-trading helper for TradingView. It identifies significant price gaps, tracks how they evolve over time (unfilled, partially filled, fully closed, or time-limited), and simulates a structured gap-fill trade plan with configurable entry, stop-loss and take-profit logic. The goal is to help you spot high-quality gap opportunities faster and review historical performance directly on the chart.

What it does

• Detects relevant gaps based on a minimum deviation threshold and plots them as clear, color-coded gap boxes.
  
• Monitors each gap’s lifecycle and marks whether it stays open, gets partially filled, fully closed, or is closed by a time limit (optional).
  
• Simulates a trade setup per gap using:
  
• a configurable Trade Entry Trigger
  
• a configurable Risk/Reward ratio
  
• a configurable Take-Profit at Gap Close (%)
  
• Visualizes the setup and outcome with entry/exit markers, SL/TP levels, and profit/loss labels.
  

Key features
Gap Visualization

• Color-coded boxes for open / partial / fully closed / time-limited gaps
  
• Optional remaining gap size (%) display
  
• Adjustable border and fill transparency
  
• Pre-entry vs active-trade shading inside the gap box for better readability
  

Trade Simulation & Chart Markings

• Trade Entry Trigger:
  
• Candle Close (more conservative)
  
• Wick Touch (more aggressive)
  
• Stop-Loss & Take-Profit lines drawn for all relevant gaps (not only the newest ones)
  
• Optional “SL” / “TP” labels on the lines (menu toggle)
  
• Entry vertical line inside the gap box to show where the trade became active
  
• Trade result labels including profit/loss in % for completed trades
  

High-Probability Alerts (⚡)

• Discrete ⚡ icon displayed inside the top-left corner of the gap box for high-probability setups (toggleable)
  
• Uses historical performance context (win rate / break-even logic) to support more selective alerts
  

Dashboard (On-Chart Panel)

• Clear PROFITABLE / NOT PROFITABLE / INSUFFICIENT DATA status based on win rate vs break-even and sample size
  
• Shows key stats and (optional) trend speed analysis
  
• “Data since” field to display the earliest evaluated gap date for transparency
  

Position Sizing Calculator (Optional)

• Toggleable Position Sizing section
  
• Input your available capital and risk % per trade
  
• Calculates suggested share quantity (rounded down) for the latest high-probability setup
  
• Displays entry price, position value, currency, and highlights when capital is insufficient
  

Who it’s for

• This indicator is designed for traders who work with gap-fill behavior and want:
  
• fast and consistent gap identification,
  
• structured trade levels (entry/SL/TP),
  
• clean historical review of outcomes,
  
• and an at-a-glance dashboard summary without leaving the chart.
  

Notes / Disclaimer
This script is a charting and analysis tool, not financial advice. Always validate signals with your own risk management and market context. Past performance statistics are informational and do not guarantee future results.