OPEN-SOURCE SCRIPT
Gap Finder with Box Fill
Setup and Inputs
The indicator checks the current and previous candles to find gaps, using a color input for filling the gap area on the chart.
Gap Detection:
If the current candle opens higher than the previous close and doesn’t overlap with the previous candle’s range, it marks this as a gap-up.
If the current candle opens lower than the previous close without overlap, it’s marked as a gap-down.
Drawing the Gap:
When a gap-up or gap-down is found, the script draws a box from the previous close to the current candle’s low or high, filling it with the chosen color.
Benefits
Visual Aid: The filled box highlights gaps, making them easy to spot on the chart.
Trade Signals: Gaps can show strong market moves, helping traders spot potential entries or watch for reversals.
Customizable: You can adjust the color to fit your chart style, making the gaps stand out clearly.
This simple tool gives traders a quick view of gaps, which are often key points of interest in technical analysis.
The indicator checks the current and previous candles to find gaps, using a color input for filling the gap area on the chart.
Gap Detection:
If the current candle opens higher than the previous close and doesn’t overlap with the previous candle’s range, it marks this as a gap-up.
If the current candle opens lower than the previous close without overlap, it’s marked as a gap-down.
Drawing the Gap:
When a gap-up or gap-down is found, the script draws a box from the previous close to the current candle’s low or high, filling it with the chosen color.
Benefits
Visual Aid: The filled box highlights gaps, making them easy to spot on the chart.
Trade Signals: Gaps can show strong market moves, helping traders spot potential entries or watch for reversals.
Customizable: You can adjust the color to fit your chart style, making the gaps stand out clearly.
This simple tool gives traders a quick view of gaps, which are often key points of interest in technical analysis.
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.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.