Daily Opening GAP
Plots the daily opening gap as a box. As price moves into the box the size of the box is reduced until the gap is closed and the box no longer extends forward.
There are options to include middle lines for the center of the gap, as well as quartile lines.
While there are plenty of opening gap scripts out there none that I found tracked the closing of the gap over time.
There are options to include middle lines for the center of the gap, as well as quartile lines.
While there are plenty of opening gap scripts out there none that I found tracked the closing of the gap over time.