Gap Detector [MS]This indicator helps traders identify and visualize price gaps in market data. When price movements create gaps between trading sessions or periods, the script highlights these areas with colored clouds and markers.
Key Features:
Automatically detects price gaps based on a customizable gap percentage threshold
Visualizes gaps using color-coded clouds (green when price moves upward, red for downward price action)
Places small triangle markers at gap locations for easy identification of gaps, and if many happen close together
Shows gray clouds when price is within the last gap
Use it For:
Watching for gap-fills
Gap support/resistance levels
Trading gap breakouts
...and more
How it Works:
The script compares each bar's opening price with the previous bar's closing price. A gap is identified when the opening price is significantly different from the previous close (beyond the user-defined gap percentage). The gap area is then marked with a colored cloud:
Green clouds: Show gaps where price jumped higher
Red clouds: Show gaps where price dropped lower
Gray clouds: Indicate price action within the gap
Settings:
Gap %: Controls the minimum price difference required to identify a gap (default 0.01 or 1%)
This indicator can help traders:
Identify potential support/resistance levels at gap areas
Monitor gap-filling scenarios
Spot significant price movements between trading sessions
The script is designed to work across all timeframes and markets.
Gapup
Gap Finder Pro (incl. Island Gaps)Hello Traders!
Unlock the power of gap trading with Gap Finder Pro , a comprehensive tool designed to identify, analyze, and visualize price gaps in any market. This advanced indicator goes beyond simple gap detection, offering you a wealth of features to enhance your gap trading strategies.
Key Features
Precise gap detection for both up and down gaps
Island gap identification and analysis
Detailed statistics for data-driven decision making
Customizable visual elements for clear chart analysis
Flexible settings to adapt to various trading styles and timeframes (works on daily and intraday charts)
Understanding and Trading Gaps
Price gaps occur when an asset opens at a different price than its previous close, creating a blank space on the chart. Gaps can signal significant market sentiment shifts and often present lucrative trading opportunities. Gap Finder Pro helps you capitalize on these opportunities
Island Gaps: A Powerful Trading Signal
Island gaps, a rare but potent chart pattern, occur when a gap is followed by a period of price consolidation and then another gap in the opposite direction. The indicator automatically detects and highlights these formations, allowing you to spot potential trend reversals or continuation patterns quickly.
Comprehensive Statistics
Make data-driven decisions with the built-in statistics panel. Analyze:
Total number of gaps (up and down)
Average and median gap sizes
Gap fill rates and average time to fill
Percentage of gaps filled within specific timeframes
Breakdown of gap types (standard vs. island)
These statistics empower you to understand market behavior better and refine your gap trading strategies over time.
Trading Strategies
Island Gap Reversals: Capitalize on the powerful reversal signals provided by island gaps.
Breakout Trading: Look for gaps in a V-formation as potential signs of strong trend continuation.
Gap Fill Trading: Use the indicator to identify unfilled gaps and set targets for potential mean reversion trades.
(For example, enter short for a up gap fill if a down candle closes below the previous candle's low.)
Statistical Edge: Leverage the comprehensive statistics to develop gap-based trading systems.
Whether you're a seasoned gap trader or looking to incorporate gap analysis into your trading strategy, Gap Finder Pro provides the tools and insights you need to make informed decisions in any market condition. Elevate your trading with this powerful, all-encompassing gap analysis indicator.
Swing Trend AnalysisIntroducing the Swing Trend Analyzer: A Powerful Tool for Swing and Positional Trading
The Swing Trend Analyzer is a cutting-edge indicator designed to enhance your swing and positional trading by providing precise entry points based on volatility contraction patterns and other key technical signals. This versatile tool is packed with features that cater to traders of all timeframes, offering flexibility, clarity, and actionable insights.
Key Features:
1. Adaptive Moving Averages:
The Swing Trend Analyzer offers multiple moving averages tailored to the timeframe you are trading on. On the daily chart, you can select up to four different moving average lengths, while all other timeframes provide three moving averages. This flexibility allows you to fine-tune your analysis according to your trading strategy. Disabling a moving average is as simple as setting its value to zero, making it easy to customize the indicator to your needs.
2. Dynamic Moving Average Colors Based on Relative Strength:
This feature allows you to compare the performance of the current ticker against a major index or any symbol of your choice. The moving average will change color based on whether the ticker is outperforming or underperforming the selected index over the chosen period. For example, on a daily chart, if the 21-day moving average turns blue, it indicates that the ticker has outperformed the selected index over the last 21 days. This visual cue helps you quickly identify relative strength, a key factor in successful swing trading.
3. Visual Identification of Price Contractions:
The Swing Trend Analyzer changes the color of price bars to white (on a dark theme) or black (on a light theme) when a contraction in price is detected. Price contractions are highlighted when either of the following conditions is met: a) the current bar is an inside bar, or b) the price range of the current bar is less than the 14-period Average Daily Range (ADR). This feature makes it easier to spot price contractions across all timeframes, which is crucial for timing entries in swing trading.
4. Overhead Supply Detection with Automated Resistance Lines:
The indicator intelligently detects the presence of overhead supply and draws a single resistance line to avoid clutter on the chart. As price breaches the resistance line, the old line is automatically deleted, and a new resistance line is drawn at the appropriate level. This helps you focus on the most relevant resistance levels, reducing noise and improving decision-making.
5. Buyable Gap Up Marker: The indicator highlights bars in blue when a candle opens with a gap that remains unfilled. These bars are potential Buyable Gap Up (BGU) candidates, signaling opportunities for long-side entries.
6. Comprehensive Swing Trading Information Table:
The indicator includes a detailed table that provides essential data for swing trading:
a. Sector and Industry Information: Understand the sector and industry of the ticker to identify stocks within strong sectors.
b. Key Moving Averages Distances (10MA, 21MA, 50MA, 200MA): Quickly assess how far the current price is from key moving averages. The color coding indicates whether the price is near or far from these averages, offering vital visual cues.
c. Price Range Analysis: Compare the current bar's price range with the previous bar's range to spot contraction patterns.
d. ADR (20, 10, 5): Displays the Average Daily Range over the last 20, 10, and 5 periods, crucial for identifying contraction patterns. On the weekly chart, the ADR continues to provide daily chart information.
e. 52-Week High/Low Data: Shows how close the stock is to its 52-week high or low, with color coding to highlight proximity, aiding in the identification of potential breakout or breakdown candidates.
f. 3-Month Price Gain: See the price gain over the last three months, which helps identify stocks with recent momentum.
7. Pocket Pivot Detection with Visual Markers:
Pocket pivots are a powerful bullish signal, especially relevant for swing trading. Pocket pivots are crucial for swing trading and are effective across all timeframes. The indicator marks pocket pivots with circular markers below the price bar:
a. 10-Day Pocket Pivot: Identified when the volume exceeds the maximum selling volume of the last 10 days. These are marked with a blue circle.
b. 5-Day Pocket Pivot: Identified when the volume exceeds the maximum selling volume of the last 5 days. These are marked with a green circle.
The Swing Trend Analyzer is designed to provide traders with the tools they need to succeed in swing and positional trading. Whether you're looking for precise entry points, analyzing relative strength, or identifying key price contractions, this indicator has you covered. Experience the power of advanced technical analysis with the Swing Trend Analyzer and take your trading to the next level.
Precise Gap FinderPrecise Gap Finder
This indicator identifies Fair Value Gaps (FVGs) in price action and it is perfect for traders looking to exploit price imbalances and capitalize on trading opportunities.
How It Works:
The Precise Gap Finder detects Fair Value Gaps by analyzing three consecutive candles. A gap is identified when the middle candle’s price range (open to close) is not overlapped by the high and low prices of the surrounding candles. This indicates a price imbalance, which can be a strong signal for potential market moves.
How to Use for Trading:
Identify Entry Points: Use the highlighted Fair Value Gaps to spot potential entry points. An upward FVG can indicate a potential buying opportunity, while a downward FVG can signal a potential selling opportunity.
Confirm Trends: Combine the FVG signals with other technical indicators to confirm trends and enhance the accuracy of your trades.
Risk Management: Use FVGs to identify potential stop-loss and take-profit levels. Gaps can serve as natural support and resistance levels.
Backtesting: Analyze historical data to understand how FVGs have impacted price movements in the past, helping you refine your trading strategy
Gap Finder (Arpan)This indicator highlights gaps on the chart where the price between two bars changes without any trades happening between them. It'll highlight gaps created during "Gap Up" or "Gap Down". This indicator has been developed to highlight mainly smaller gaps created on lower time frames though it displays gaps on any time frame. This script also has the option to disable "Opening Gaps" so that we can easily see only smaller gaps on the charts. Gaps are highlighted with colored boxes. Users can change length, border color and background color of those boxes. Set "Opacity" to zero in settings if you don't want to see borders or background colors. Users are welcomed to share their suggestions or bugs in the script
Gap Analyzer [WMT] - Data for Gap Up and Gap DownGet 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
RLT GapsThis tool is meant to help you learn the different types of gaps:
GNG = Gap N Go (flag icon). This occurs
RTG = Retest Gap (x icon)
SETTINGS
Gap Size: Will display a green(bullish) or red(bearish) icon. The 2% (default) gap size will highlight gaps that are greater than the configured setting (2% up or 2% down).
NOTES
The gap size is measured from the previous day CLOSE to the current day OPEN and ignores the current days movement.
Mind the GAP! (Automatic Intraday GAP Overnight) | by Octopu$🤏 Mind the GAP! (Automatic Intraday GAP Overnight) | by Octopu$
Gaps are areas on a chart where the price of a stock moves sharply up or down, with little or no trading in between.
When it happens overnight (not considering Extended Hours), it is just considered as Price Level, for possible revisit.
A Gap is defined when the Open current Candle is Higher or Lower than the Close of the Last Candle:
When the Open of the current Candle is Higher than the Close of the Last Candle it is considered a Gap UP;
When the Open of the current Candle is Lower than the Close of the Last Candle it is considered a Gap DOWN;
Something interesting about Gap is that:
1. The Price Action can travel fast between these levels (Volatility);
2. One (or both) of these levels (Hi/Lo) can act as Support (or Breakout);
3. One (or both) of these levels (Hi/Lo) can act as Resistance (or Breakout).
This Indicator includes these Gaps added Automatically to your Chart.
It is also built-in with a Shadow between the lines for easy visualization.
Colors are also customizable and the Lines are also editable according t your preferences.
Any Time Frame. Any Ticker.
(Using SPY 5m just as an example:)
www.tradingview.com
AMEX:SPY
Features:
• Identifies Gaps on MC/MO
• Automatically adds Lines to these levels
• Includes shadow for easy visualization
Options:
• Customizable: Colors and Lines
• On/Off Switches for the Levels
• Show/Hide Previous Days
Notes:
v1.0
Indicator release
Changes and updates can come in the future for additional functionalities or per requests.
Did you like it? Boost it. Shoot a message! I'd appreciate if you dropped by to say thanks.
- Octopu$
🐙
Gap FinderThe Gap Finder Indicator will allow you to quickly identify gaps on the chart. Gaps in this indicator are defined as the "black space" between candles with the space being as small as $0.01. A gap up is one where the previous candle's high is lower than the current candle's low. A gap down is one where the previous candle's low is higher than the current candle's high.
Features:
Highlight Gap Area will show the price levels for the last found gap.
Show Last Only - will show only the last gap to help declutter the chart.
Basic guidelines for Gap trading:
Wait 3-5 Periods to allow the momentum to settle
Take trade on reversal candle with stop above recent high
Exit for profit when the gap fills.
This indicator will work for all timeframes using the definitions above so good for day traders, swing traders and any other style of trader using gaps in their strategy.
NSDT Gap FinderThis script plots gaps between candles.
It uses the "round_to_mintick" feature in the Pinescript code, so it works on any instrument out to 3 decimal places.
If there is a Gap Up (open of current candle is greater than the close of previous candle) it will plot a green arrow under the current candle and plot a label above the current candle to show the Gap Amount.
If there is a Gap Down (open of current candle is less than the close of previous candle) it will plot a red arrow over the current candle and plot a label below the current candle to show the Gap Amount.
You can turn the label and/or the arrow on and off.
I created this indicator to more easily identify gaps in the market. The probability of a gap being filled is extremely high. Some are right away (intraday candle to candle), some take a while (gap from previous day close to current day open), and some make take a long time (close at end of previous week to open at beginning of current week).
This is published free to use and open source code.
Please see my other similar Gap Indicators.
Daily Gap Range
USA Session - Previous Day Close Gap to Current Day Open
Leg/Base & GAP CandlesThis script, redraws the Minute, Hourly, Daily, Weekly, Monthly candles for gap up and gap down situation. Also this candle marks the LEG candles and BASE Candles with different colors to mark the supply and demand zone.
This script is only for Indian NSE markets (09:15 to 15:30) for GAP up/GAP down redraw.
This script is most beneficial for TradeLegend students.
This script is originally made by me, and no code has been modified or copied from anywhere else except Pinescript documentation.
Gap FinderThis indicator finds gaps based on User specified input % threshold in the indicator settings. Histogram plot shows gaps as vertical lines for easy detection. Enjoy!
TC Gaps IndicatorTrade Central Gaps indicator makes it super easy to visualise gaps in your charts in any timeframe. You can also configure the width of gaps in percentage (default is 0.5%).
Gaps % Size DistributionThis tool is to visualize the distribution of gap % sizes, i.e. those things that I marked on the main chart. The tool uses the entire history of an instrument.
The detalization depends on the Binning Step parameter. The lower chart timeframe the lower that step should be.
Good luck.
Gaps : set Alert to get Alert at Day StartGaps are areas on a chart where the price of a stock (or another financial instrument) moves sharply up or down,
with little or no trading in between. As a result, the asset's chart shows a gap in the normal price pattern.
The trader can interpret and exploit these gaps for profit.
What do i look for in these gaps, Will these gaps will fill or not fill?
When someone says a gap has been filled, that means the price has moved back to the original pre-gap level.
how you can benefit with this indicator?
this indicator instantly picks up the gap at the start of the day and also helps in identifying weather it is a bullish gap or a bearish gap
in this you can easily set up alerts, you will be instantly alerted if any gap occurs.
What does the visual on chart indicates ?
Green color gaps are bullish gaps or gap up ,label indicates the type of gap and the width of the gap
Red color gaps are bearish gaps or gap down ,label indicates the type of gap and the width of the gap
once you set alert you will Receive alert in the below format
Price (current price) 'Bear gap width: ' (gap Width in points)
Price (current price) 'Bull gap width: ' (gap Width in points)
This will work on all time frame equal to or less than "D".
BITCOIN CME FUTURES GAPSDisplays information about Bitcoin CME Futures Gaps over BTCUSD (or XBTUSD) charts.
You can configure a threshold percentage to only display gaps whose size is greater than that percentage. The gap precentage is calculated based on the current close price.
Gaps up are displayed in Orange, gaps down in Green
Gapup Advanced (B/S)This indicator provides you support and resistance line for Intraday trading. We have made the calculations using the historical data of (EMA 10, open ,high,low,close,52week high,52w low). We tried to capture the rapid moment of stock depending on the previous day values and EMA 10. Unlike the lagging indicator which changes the values periodically.
This is a Leading Indicator which uses TRADINGVIEW's powerful code "Resolution "-ie the indicator values will not change for the intraday, though you change to any timeframe.
Our indicator will take care of the work of conditioning and plotting and plot only if it matches all the criteria. So plotting of EMA is not required. If you want to plot EMA manually ,I would (recommend tf=15min,10ema) .
How to use this Indicator ?
When we can go long?
When you get a green line along with dot, go for BUY. Once the candle hits our target (i.e the black dotted line) close the trade and book your profits. And once the dot in the green line is off ,it means the stock will not go beyond primary target. When the dot in the green line is off, it means it has the possibility to go DOWN further.
Bonus Tip: If the 15 min candle closes above any of the trend line and in the next candle if it takes support from that line itself then it has the possibility to go up further.
When we can go short ?
When you get a red line along with dot, go for SELL. Once the candle hits our target (i.e the black dotted line) close the trade and book your profits. And once the dot in the red line is off , it means the stock will not go beyond primary target. When the dot in the red line is off, it means it has the possibility to go UP further.
Bonus Tip: If the 15 min candle closes below any of the trend line and in the next candle if it faces the resistance from that line itself then it has the possibility to go down further.
The other 2 green dotted lines/ red dotted lines are Bonus targets 2 and 3.
ie. The trend may reverse @ any point above the primary target in case of buy.
Ie. The trend may reverse @ any point below the primary target in case of sell.
To be a Consistent Profitable Trader:
Always aim for the one adjacent level above or below the current level.
Unique Feature - "THE PINK LINE"
In case of buy call, if the trend reverses we give you a recommended down target.
In case of sell call , if the trend reverses we give you a recommended up target.
Minor Support & Resistance line:
Also if the trend reverses,
In case of buy, minor support and resistance are present below.
In case of sell, minor support and resistance are present above.
It can used to trade in Options, futures ,equity. Suitable for all high moment stocks,indices, commodities.
Final Bonus Tip:
I always recommend for every trader to trade with min stock quantity eg:1-10 with any indicator/ strategy. Then you can choose to trade in lots in futures and options.
It is useful for scalpers and Intraday traders.
Recommended Time Frame : 5/15 min.
Suitable for all stocks,indices, commodities .
GapAnalysisI am a new Trading View user. I am trying to gain some reputation so that I can start contributing more to the community and start learning more. Therefore I have written this very simple pine script that simply adds a label to the first bar of the day if there is a gap between 2% and 8% or a gap between -2* and -8%.
Questions:
1) Lots of missing candlesticks e.g. at 16:30 and 08:00 meaning the candlestick may not of truely gapped up or down. Why are there missing bars? Is it because I have the free version? Are there any missing candlesticks on the paid for version?
2) Does the Gap filter always look at the first bar of the day and compare it to the last bar the previous day? (assuming you select 1d above the filters).
3) How does the Gap filter work if you select 1w above the filters?
4) The filter columns save for me, however the filter values do not. For example, if I select the Gap filter and select the values 'between 2% and 6%', then the column is saved but the values are not. Is this correct?
Gapup Or GapDown ORBHello everyone
Many of user Demand GapUp or GapDown with Opening Rang Breakout indicator
its indicator only for work Indian market because I added 9:15 Indian market opening time
How to work this Indicator?
There are two Conditions
➤ first One is GapUp and Breakout when signal You can also Add Alerts and you can Also Change GapUp Percentage Input
➤ Second One is GapDown and Breakout when signal You can also Add Alerts and you can Also Change GapDown Percentage Input
➤ You can also Take Profit from GapUp with Alerts
➤ You can also Take Profit from GapDown with Alerts
if you have any suggestion, please comment below I will add in future
Important: This Indicator we are using for Automation Trading if You Want This Indicator Access Please Contact me PM on Tradingview
Launch Pad_TrampolineCalled Launch Pad_Trampoline because it allows the user to enter a position before a rocket. Trampoline, because if the user miss a gap up it allows the user to enter on a bounce.
How to use
Time frame: Daily
Long Position:
--Aqua background with white or green bars. Make decision near the Launch Pad (this allows for a near the entry exit if direction changes).
Censor:
--With aqua background, do not go long with black or red bars.
--If already in a long position with aqua background, and black or red bars appear, ignore or use as a warning that direction may change.
Short position:
--No background with black or red bars. Make decision near the Launch Pad (this allows for a near the entry exit if direction changes).
Censor:
--With no background, do not go short with white or green bars.
--If already in a short position with no background, and white or green bars appear, ignore or use as a warning that direction may change.
Cons:
--susceptible to chop: To avoid chop, one can use an ADX indicator, though this may keep you from entering your position near the launch pad (bigger loss if direction changes).
--To avoid chop, one can also give the direction, a couple of bars to develop. As with an ADX indicator, this approach may keep you from entering your position near the launch pad (bigger loss if direction changes).
Note:
If by the chance the launch pad is wide, aim for an entry at the bottom of the pad for long, top of pad for short.
Cons are part of the game. All in all the indicator works. Utilize proper risk management and always take profit ("can't go wrong putting money in the bank")
Best of luck all
Gap Finder - Aitch-TGap finder finds the following types of gaps:
- Full Gap Up (open price is higher than the previous day's high)
- Partial Gap Up (open price is higher than the previous day's close)
- Full Gap Down (open price is lower than the previous day's low)
- Partial Gap Down (open price is lower that the previous day's close)
The script is fully customizable and can be applied to Forex, futures, stocks and crypto.
How to use it:
Once you have added the script to your chart, go to the script's settings and type in the size of the gap, then move to the style tab and check the types of gaps that you want the script to find. If you wish, you can also edit the rest of the settings to your liking.
Hit the Ok button when your done.
Green and red squares will appear on top and bottom of the indicator pointing out the location of the sharp move.
By default, full gap signals appear on top of the indicator while partial gap signals appear on the bottom of the indicator.
Defaul gap size is 1%.
GapUp and GapDown with Candle [MV]This Indicator Session Time is Indian NSE and BSE Equity Market
How to work This Indicator?
1. Buy plot When Market Gap Down and First Candle is Red (Close < Open).
2. Sell plot When Market Gap Up and First Candle is Green (Close > Open).
Note: This Indicator Repainted you Can also avoid Choose Once Per Bar Close in Alerts
If You Have Any Suggestion Please Mention There.
Below one image From Buy-side
Find GapsShow a symbol or/and create an alert if there is a gap between candles. Percentage of gaps can be adjusted.
