OPEN-SOURCE SCRIPT

Gaps [Kioseff Trading]

Hello!

This script "Gaps" is a continuation and improvement on a subset indicator included in the "Quartile Volume; Volume Aggregation; US Range Bars; Gaps)" script!

As advised by thebearfib, the "Gaps" indicator is now standalone!

Features

  • Stat: Avg. Bars to Fill Up Gap
  • Stat: Avg. Bars to Fill Down Gap
  • Stat: Cumulative Up Gap % Increase
  • Stat: Cumulative Down Gap % Increase
  • Stat: Avg Up Gap % Increase
  • Stat: Avg Down Gap % Decrease
  • Nearest Unfilled Up Gaps and Down Gaps Displayed in Table
  • % Price Move Requirement, Including Dollar Amount, for Nearest Unfilled Gaps to Fill
  • Gaps Marked on Chart, Including Partially Filled Gaps and The % Amount a Partially Filled Gap Has Been Violated
  • Gaps Chart


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The image above shows the data tables included in the indicator!

Settings

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The image above shows various settings for the indicator!

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The image above shows how partially filled gaps are marked using the default settings.

Exceeded price areas are shaded darker; however, by selecting the "No Partially Filled Gaps" option, the indicator will treat partially filled gaps differently.

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The image above shows alternative behavior! Instead of the gap changing color it narrows in size.

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The image above shows the indicator's behavior when selecting to show gap data in labels.

Therefore, when a gap is small and the box text is imperceptible, you can select to show the data in a label.

Additionally, you can select to display a "Gaps Chart".

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The image above shows this feature enabled. The gaps chart shows the sequence of price gaps for the asset as candlesticks.


Thank you for checking this out; if you'd like other features included please let me know!







Chart patternsgapsstatistics

Script open-source

In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

Vuoi usare questo script sui tuoi grafici?


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