This indicator will simplify the price-action reading of any trader/investor by decluttering his/her charts from un-important & confusing candles to highlight the true momentum candles which are usually formed by institutional buying/selling . The indicator will be a good tool in the arsenal of the following styles of Trading/Investing Smart Money /...
This gap indicator shows the price of your chosen instrument as if no gaps had occurred overnight. It can be especially useful on highly-volatile exchange-listed instruments that track other 24/7 assets, because the normal candlestick chart of these instruments will create a large amount of noise that may decrease the accuracy of your indicators or make the trend...
This indicator displays Opening Range Gaps with an adjustable time window. Its intention is to capture the discrepancy between the close price of previous and new Real Trading Hours (RTH) sessions, i.e. yesterday's close compared to today's open. A gap will be drawn from this area with a solid line denoting its midpoint, and dashed lines denoting the upper and...
█ Overview The Gap Statistics (Zeiierman) indicator is crafted to monitor, analyze, and visually present price gaps on a trading chart. Price gaps are areas on a chart where the price jumps up or down from the previous close to the next open, creating a "gap" in the normal price pattern. This script delivers an extensive range of statistics related to these...
I’m happy to announce my model and sharing it with you as an indicator. About the model The model is based on a range from 18:00 until 1:30. If you are keen you probably know that it's something that based on a bit of Daye's Theory. As Daily Q4 is from 18:00 until 0:00 and I've added a 90's Q1 to it as well that's why it ended up at 1:30. It's an...
The Advanced Market Opening Gap Detector (AMOGD) is a Pine Script indicator designed to help you identify market gaps at the opening of a new trading day. Gaps are areas on a chart where the price of a security moves sharply up or down with little or no trading in between. They are significant as they may indicate a change in market sentiment. This indicator...
The HTF Fair Value Gap indicator aims to display the exact time/price locations of fair value gaps within a higher user-selected chart timeframe. 🔶 USAGE The indicator can be used to detect higher time frame fair value gaps. Detected historical HTF FVG are displayed as changes in chart background colors, with a green color indicating a bullish FVG and red...
This indicator was created to display and alert the user for the first Fair Value Gap (FVG) of up to three trading sessions. Bullish FVG occurs when the high of the first candle is lower than the low of the third candle, resulting in a price gap between them. Conversely, a Bearish FVG takes place when the low of the first candle is higher than the high of the...
The ICT Opening Range Gap is a concept taught by Inner Circle Trader and is discussed in the videos: 'One Trading Setup For Life' and 2023 ICT Mentorship - Opening Range Gap Repricing Macro ORGs, or Opening Range Gaps, are gaps that form only on the Regular Trading Hours chart. The Regular Trading Hours gap occurs between 16:15 PM - 9:29 AM EST (UTC-4) These...
A simple indicator that attempts to identify displacement in price by alerting you when two simultaneous Fair Value Gaps (FVGs) occur. When two fair value gaps occur, the indicator will print a green bar (if bullish) or a red bar (if bearish). If you right click on the indicator you can turn on alerts that will pop up every time a dual FVG occurs. Fair Value...
Hi everybody! I decided to release this script to help traders keeping track of market gaps on the CME. The script works in general for any market and at any timeframe. The script allows the user to: - Identify price gaps of a customized amplitude (Gap Width) - Compute the probabilities of filling them (specific for bullish and bearish gaps or cumulative) -...
Yesterday’s High Breakout it is a trading system based on the analysis of yesterday's highs, it works in trend-following mode therefore it opens a long position at the breakout of yesterday's highs even if they occur several times in one day. There are several methods for exiting a trade, each with its own unique strategy. The first method involves setting...
A simple script to enable adding a trigger when a stock reaches 'X' percent, the 'X' can be configured. The script also displays current tickers gap %, this is particularly helpful when you have 2 or more panels on a chart
This script is our version of the "Fair Value Gap". A Fair Value Gap is nothing more than a series of 3 candles with a gap between a candle high/low and a candle high/low two candles prior. For example: A Gap Up - the Low of a candle is higher than the High of two candles back. A Gap Down - the High of a candle is lower than the Low of two candles...
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...
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.
This indicator will plot the weekly opening gap on the chart. The gap will be carried forward until it is closed or the max line count is reached. Additionally the 1/4 levels inside the gap are plotted on the chart as weekly gaps can be large. The weekly opening gap levels can act as targets and rejection points. Optionally the script can also carry forward...
This script will identify and draw price gaps, wicks and imbalances with customizable fill conditions, multi-timeframe function, zone size filtering, volume comparison, lookback filtering, as well as highly customizable appearance and settings. I’ve made this indicator to combine the three similar but different elements that occur in price movements and serve as...