PROTECTED SOURCE SCRIPT
NQ-QQQ NEGATIVE GAP Confluence Indicator by ATALLA
NQ-QQQ NEGATIVE GAP Confluence Indicator by ATALLA
Summary
This indicator specializes in detecting and highlighting when both QQQ (Nasdaq-100 ETF) and NQ (Nasdaq futures) simultaneously exhibit negative gaps. A negative gap occurs when the bodies of two consecutive candles don't overlap, though the wicks may occupy the space between them.
The indicator features:
Dual Market Analysis: Monitors both QQQ and NQ simultaneously for negative gaps
Clear Visual Signals: Displays blue circles below candles when both instruments show negative gaps at the same time
Color-Coded Gap Visualization: Highlights negative gaps in blue and true gaps in yellow for easy identification
Confluence Detection: The blue circle symbol indicates trading opportunities with higher probability due to the alignment between the ETF and futures markets
Customizable Settings: Allows users to adjust gap detection sensitivity, colors, and comparison options
This tool is particularly valuable for traders who follow Nasdaq markets, as it identifies moments when both the ETF and futures markets show the same technical pattern simultaneously, potentially signaling stronger trading opportunities
Summary
This indicator specializes in detecting and highlighting when both QQQ (Nasdaq-100 ETF) and NQ (Nasdaq futures) simultaneously exhibit negative gaps. A negative gap occurs when the bodies of two consecutive candles don't overlap, though the wicks may occupy the space between them.
The indicator features:
Dual Market Analysis: Monitors both QQQ and NQ simultaneously for negative gaps
Clear Visual Signals: Displays blue circles below candles when both instruments show negative gaps at the same time
Color-Coded Gap Visualization: Highlights negative gaps in blue and true gaps in yellow for easy identification
Confluence Detection: The blue circle symbol indicates trading opportunities with higher probability due to the alignment between the ETF and futures markets
Customizable Settings: Allows users to adjust gap detection sensitivity, colors, and comparison options
This tool is particularly valuable for traders who follow Nasdaq markets, as it identifies moments when both the ETF and futures markets show the same technical pattern simultaneously, potentially signaling stronger trading opportunities
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.