This tool highlights where gaps happens and outlines in the chart where the gap zones are. If there is a gap up there is a green line, a gap down it is red. The gap zone is highlighted in blue. You can choose the size of your gap with the input menu to the desired size. Feel free to ask comment below. Made for the Gold Minds group
This is the bare bones of what I'm trying to achieve through pine script. The purpose of the script is to: 1. On a 15m chart, calculate and plot upper & lower Bollinger bands and simple moving average of 20 periods. (DONE) 2. On a new day, when the first 15m candle of a session forms, I want to check if a) the low of the new candle is outside the upper Bollinger...
Oddball indicators for entertainment purposes only. This is best used on daily chart. Look at the 20 ALMA to gauge likelihood of stock following its up or down gap. - if above the 20 ALMA , follow the gap direction - if below the 20 ALMA , take counter trend trade If stock gaps up AND closes higher than it opens, that gain % (close/open) is colored green and if...
Enter the script to adjust parameters, enjoy.
If you are interested in trading gaps in DAX, then DOW plotted in DAX's trading hours, will help you know whether the smoothed candle was a gap or not. Use a different script to plot yesterday's closing price. This will help you see the target for the gap close. Let me know if you find it helpful or not!
GAP LINE: Plots the cumulative line of gaps to see extremes in psychology. Plenty of Gap-UP's where the Open is higher than the previous bar's close get the market excited. Plenty of Gap-DOWN's where the Open is lower than the previous bar's close get the market scared and depressed. Look for the Gap Line to peak prior to an important peak in the market...
Finds gaps. Nuff said Ill make an overlay version
EXPERIMENTAL: Request for: MarxBabu changed gap detection method. added previous close line
CM_Gap_Indicator_Intra-Day_V1 This is a Simple Gap Indicator. Version 1…Many Additional Features To Come. ***Designed for Intra-Day Charts. ***Great for Stocks…Forex and Futures Sunday Night Gaps. ***Plots Green Lines If Gap Up ***Plots Red Lines If Gap Down Additional Filters Coming Soon: ***Minimum Gap% Filter ***Gap Mid Lines ***Color Coding On Filled Gaps
This is a Downside Tasuki Gap pattern.
This is a Upside Tasuki Gap pattern.
This is Upside gap pattern.
This is Downside gap pattern.