THISMA BTC cme gaps

2024년 9월 24일

Description:
This script is specially designed for traders who want to track and visualize gaps in the Bitcoin futures market (CME) directly on any chart. It detects when gaps form at market close and monitors their evolution until they are filled or expire.

Key Features:
Dynamic gap management: Each gap is stored with its opening price, closing price, direction (bullish or bearish), and color. The system automatically adjusts active gaps based on market closures and reopenings. Prices will depend of the asset's chart you are on, highlighting the close and open times of the CME.

Gap detection across multiple timeframes: If the timeframe is greater than 60 minutes, the script automatically adjusts the retrieval of hourly data for improved accuracy at market open and close.

Dynamic gap formation: When the market closes, the script displays the closing price as a gray line until the market reopens. This helps predict the forming gap.

Gap lifespan: Each gap has a predefined lifespan (4 months).

Intuitive visualization: Gaps are visually represented with specific colors: light blue for bullish gaps, red for bearish gaps. These gaps are displayed as lines connecting the opening and closing prices on the chart.

Daylight saving time adaptation: The script accounts for daylight saving time adjustments to manage CME market opening and closing times.

Applications:
CME gap tracking: This tool is ideal for traders monitoring gaps in Bitcoin futures contracts (CME). It provides a clear visualization of market open and close moments, facilitating the identification of key areas to watch. It also could be helpful to identify market dynamics on altcoins while CME is closed.

Opportunity analysis: By visualizing unfilled gaps, traders can better assess the resulting trading opportunities.

2024년 9월 24일

릴리즈 노트

-- Hotfix --
Fixing bug which occurs in rare cases when data stream starts during a gap.