OPEN-SOURCE SCRIPT
Gap Detection Indicator V.1
This indicator is designed to detect gaps between candles on the chart. It detects all gaps that are higher than the specified percentage setting, draws a line passing through only the starting and ending points of the last gap, and paints between these lines.
If any candle closes above the gap starting level, the lines between the lines are colored green; If any candle closes below the gap starting level, the lines between the lines are colored red.
UPDATE1:
In addition, two more gap levels were added. A date range was added to enable control within the specified date range.
If any candle closes above the gap starting level, the lines between the lines are colored green; If any candle closes below the gap starting level, the lines between the lines are colored red.
UPDATE1:
In addition, two more gap levels were added. A date range was added to enable control within the specified date range.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.