CG Gap Filling Invisible Candle

This script is used to Fill the GAP between two candles close price and next candle close price if there is GAP in the OPENING price of new candle.

This helps in identifying whether the GAP Candle is LEG candle (Big candles) or BASE candle (small accumulation candles) that can be used in marking the Demand and Supply zones based on LEG-IN, BASE and LEG-OUT candles.

LEG candles are formed by Imbalance between Buy Price (buyers) and Sell Price (sellers), that will lead to Demand and Supplies zones. This shows the aggression of institution in either BUY or SELL at certain price range.

Importance will be given to LEG-OUT candle.
If you see BIG Green LEG-OUT Candle, institutions are aggressive in BUYING (Bullish).
If it is RED LEG-OUT Candle, institutions are aggressive in SELLING (Bearish)

Bullish scenario:
LEG IN -- BASE -- LEG OUT
----------------------------------
Rally -- Base -- Rally
Drop -- Base -- Rally

Bearish scenario:
LEG IN -- BASE -- LEG OUT
----------------------------------
Drop -- Base -- Drop
Rally -- Base -- Drop

版本注释

Updated Colors to match default candle colors

受保护脚本

此脚本以闭源形式发布。但是，您可以自由使用，没有任何限制 — 了解更多信息这里。

ChandreGowda

免责声明

这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。

受保护脚本

此脚本以闭源形式发布。但是，您可以自由使用，没有任何限制 — 了解更多信息这里。

ChandreGowda