Gap-O-Matic checks whether there is a gap in a user-defined security or symbol and gives you alerts, targets for the gap and tracks the gap until it has been filled. In addition, you can disable or show plots, and change the gap threshhold to pick how big of gaps you want Gap-O-Matic to alert you to and which it should ignore.
A good use case, for example, is to...
This strategy open orders on first bar of the week if there is a gap with Friday close price.
First bar could be on Sunday or on Monday, it depends on broker time.
Adjust starting hour with broker time. Use arrows to help finding correct broker time.
Also you should adjust gap size and exit hour.
Do not place on Daily charts.
Please use comment section for any...
This script identifies when price gaps up and gaps down, represented by green and red box icons respectively.
Future enhancements to this script will work across Candle charts and will indicate the size of the script, perhaps with more prominent colours.
Please suggest improvements as you see fit. Thanks, and enjoy.
The indicator draws a line when the gap is open and stops drawing it when the gap is closed. The length of the line is limited. The indicator has four modes of operation, you can adjust it depending on the instrument and personal preferences.
v.1.1 - fixed code, added alert to the appearance of the gap, the increased maximum line length.
Индикатор рисует линию,...
This tool allows us to visually hunt for price gaps.
Here we consider 3 types of gaps in order to adapt the tool to diversity of trading styles:
Strict Gaps : A gap not filled with Candle Shadows.
Shadow Overlap and Close Price NOT Taken : A gap where shadows overlap and don't take previous close.
Shadow Overlap and Close Price Taken : A gap where shadows...
trading the week-end gap on monday is a well known trading technique, praised by most and ignored by others
With my script you can easily see where there have been monday gaps and see where these gaps has been closed on monday
If a gap is present the script shows a WHITE SQUARE
if a gap is present and is...
Date: 17th of August, 2017
Simple overlay showing gaps.
I am open to critique and improvement proposals for all my scripts.
If you like it give it a thumbs up and remember:
"It's nice to be important but ...
... more important to be nice!"