Gap Analyzer [WMT] - Data for Gap Up and Gap Down

28 mar 2023

Get data for gaps with Gap Analyzer

• Change the gap mode in settings to switch between a Gap Up (default) or Gap Down
  
• Change the threshold for the minimum (Gap Up) and maximum (Gap Down) gap
  
• Change Data Years -> Years of the look back period to calculate the stats
  
• Retrieve valuable information for past statistics on how the instrument behaved with the given gap
  

Definitions for Gap Up

• Price can fade lower from the open or (Gap Up Fade)
  
• Price can continue higher from the open (Gap Up Continuation)
  

Definitions for Gap Down

• Price can continue lower from the open or (Gap Down Continuation)
  
• Price can bounce higher from the open (Gap Down Bounce)
  

For each of those, we get:

• "øO→H": average percentage movement from open to high of the day
  
• "øO→L": average percentage movement from open to low of the day
  
• "øO→C": Average percentage movement from open to close of the day
  

29 mar 2023

Note di rilascio

• Fixed input threshold for down gaps to maximum of -0.1
  

30 mar 2023

Note di rilascio

Optimization

• Switch Mode changed to "Gap Mode" and can now be changed via drop down for better UI. Thanks to @rn1ee for this idea.
  
• New label for DataYears: "Evaluation Period".