Neuracap Gap Analysis

The Neuracap Gap Analysis indicator is a comprehensive tool designed to identify and track price gaps, special candlestick patterns, and high-volume breakout signals. It combines multiple trading strategies into one powerful indicator for gap trading, pattern recognition, and momentum analysis.

🎯 What This Indicator Does
1. Gap Detection & Tracking

Automatically identifies price gaps (up and down)
Tracks gap fills with visual boxes that extend until closed
Manages gap history with customizable limits
Color-coded visualization (Green = Gap Up, Red = Gap Down)

2. Upside Tasuki Gap Pattern

Identifies the bullish continuation pattern
Colors candles yellow when pattern is detected
Confirms trend continuation signals

3. Episodic Pivot Detection

High-volume breakout identification
EMA filter ensures signals only in uptrends
Strong momentum confirmation
Fuchsia-colored candles with arrow markers


🔍 How to Use for Trading
📈 Gap Trading Strategy
Gap Up Trading:

Wait for gap up (green box appears)
Check volume - Higher volume = stronger signal
Entry options:

Aggressive: Enter at market open
Conservative: Wait for pullback to gap level

Stop loss: Below the gap fill level
Target: Previous resistance or 2:1 risk/reward

Gap Down Trading:
Identify gap down (red box appears)
Look for bounce opportunities
Entry: When price shows reversal signs
Stop: Below recent lows
Target: Gap fill level

💫 Tasuki Gap Strategy

Yellow candle indicates bullish continuation
Confirms uptrend is likely to continue
Entry: On next candle after pattern
Stop: Below the gap low
Target: Next resistance level

🚀 Episodic Pivot Strategy

Fuchsia candle + arrow = High probability breakout
All conditions met:

Price above EMA 20, 50, 200
High volume (2x+ average)
Strong price move (4%+)


Entry: At close or next open
Stop: Below EMA 20 or recent swing low
Target: Measured move or next resistance

📊 Reading the Visual Signals
Gap Boxes

🟢 Green Box: Gap up - potential bullish continuation
🔴 Red Box: Gap down - potential bounce or bearish continuation
Box extends until gap is filled
Box disappears when gap closes

Candle Colors

🟡 Yellow: Tasuki gap pattern (bullish continuation)
🟪 Fuchsia: Episodic pivot (high-volume breakout)
⬜ Normal: No special pattern detected

Arrows & Markers

⬆️ Triangle Arrow: Episodic pivot confirmation

💡 Trading Tips & Best Practices
✅ Do's

Combine with trend analysis - Trade gaps in direction of trend
Check volume - Higher volume = more reliable signals
Use multiple timeframes - Confirm on higher timeframes
Risk management - Always set stop losses
Wait for confirmation - Don't chase, let signals develop

❌ Don'ts

Don't trade all gaps - Focus on high-quality setups
Avoid low volume - Weak volume = unreliable signals
Don't ignore trend - Counter-trend trading is risky
Don't overtrade - Quality over quantity
Don't ignore context - Consider market conditions

⚠️ Risk Management

Position sizing: Risk 1-2% per trade
Stop losses: Always define before entry
Target levels: Set realistic profit targets
Market conditions: Avoid trading in choppy markets


📈 Performance Optimization
For Conservative Traders:

Increase minimum gap size to 1%
Set volume multiplier to 3.0x
Only trade episodic pivots in strong uptrends
Wait for gap fill confirmation

For Aggressive Traders:

Decrease minimum gap size to 0.3%
Set volume multiplier to 1.5x
Trade both gap types
Enter on pattern confirmation


🚨 Alert Setup
The indicator provides alerts for:

Gap Up Detected
Gap Down Detected
Upside Tasuki Gap
Episodic Pivot

Recommended: Enable all alerts and filter manually based on your strategy.

📝 Summary
This indicator excels at identifying high-probability trading opportunities through gap analysis, pattern recognition, and momentum confirmation. Use it as part of a complete trading system with proper risk management for best results.