Gap Finder

The Gap Finder Indicator will allow you to quickly identify gaps on the chart. Gaps in this indicator are defined as the "black space" between candles with the space being as small as $0.01. A gap up is one where the previous candle's high is lower than the current candle's low. A gap down is one where the previous candle's low is higher than the current candle's high.

Features:

Highlight Gap Area will show the price levels for the last found gap.
Show Last Only - will show only the last gap to help declutter the chart.

Basic guidelines for Gap trading:

Wait 3-5 Periods to allow the momentum to settle
Take trade on reversal candle with stop above recent high
Exit for profit when the gap fills.

This indicator will work for all timeframes using the definitions above so good for day traders, swing traders and any other style of trader using gaps in their strategy.

Notes de version

Resolved issue with the gap highlighting from previous days.

Script protégé

Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.

karimka

Difficult Takes a day, Impossible Takes a Week!

Aussi sur:

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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

Script protégé

Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.

karimka

Difficult Takes a day, Impossible Takes a Week!

Aussi sur: