Gap Finder with Box Fill

2024년 10월 31일

Setup and Inputs

The indicator checks the current and previous candles to find gaps, using a color input for filling the gap area on the chart.

Gap Detection:
If the current candle opens higher than the previous close and doesn’t overlap with the previous candle’s range, it marks this as a gap-up.
If the current candle opens lower than the previous close without overlap, it’s marked as a gap-down.

Drawing the Gap:
When a gap-up or gap-down is found, the script draws a box from the previous close to the current candle’s low or high, filling it with the chosen color.

Benefits

Visual Aid: The filled box highlights gaps, making them easy to spot on the chart.

Trade Signals: Gaps can show strong market moves, helping traders spot potential entries or watch for reversals.

Customizable: You can adjust the color to fit your chart style, making the gaps stand out clearly.

This simple tool gives traders a quick view of gaps, which are often key points of interest in technical analysis.

2024년 11월 28일

릴리즈 노트

Updated to Version 6

6월 25일

릴리즈 노트

Updated the box default color

6월 25일

릴리즈 노트

Changed the name

7월 17일

릴리즈 노트

Added timeframe selection feature

7월 17일

릴리즈 노트

Updated the max GAP count

9월 7일

릴리즈 노트

updated the indicator label

9월 11일

릴리즈 노트

updated the indicator title