True Gap Finder with Revisit Detection

True Gap Finder with Revisit Detection

This indicator is a powerful tool for intraday traders to identify and track price gaps. Unlike simple gap indicators, this script actively tracks the status of the gap, visualizing the void until it is filled (revisited) by price.

Key Features:

1. Active Gap Tracking: Finds gap-up and gap-down occurrences (where Low > Previous High or High < Previous Low) and actively tracks them.
   
2. Gap Zones (Clouds): Visually shades the empty "gap zone" (the void between the gap candles), making it instantly obvious where price needs to travel to fill the gap. The cloud disappears automatically once the gap is filled.
   
3. Dynamic Labels: automatically displays price labels at the origin of the gap, showing the specific price range (High-Low) that constitutes the gap. Labels are positioned intelligently to avoid cluttering current price action.
   
4. Alerts: Configurable alerts notify you the moment a gap is filled.
   
5. Customization: Full control over colors, clouds, labels, and alert settings to match your chart style.
   

How it works: The indicator tracks the most recent gap. If a new gap forms, it becomes the active focus. When price moves back to "close" or "fill" this gap area, the lines and clouds automatically stop plotting, giving you a clean chart that focuses only on open business.