OPEN-SOURCE SCRIPT
Updated TICK gap
Used with the "Cumulative TICK", highlights a gap up candle in yellow and a gap down candle in white, then plots a line 500 points away, signalling a counter trend entry.
Release Notes
Removed some conditions to determine the gapRelease Notes
Updated line colours to match the gap candlesRelease Notes
Updated the Gap criteriaRelease Notes
Included "overlapping" candle gaps (ie: gap between the close of the previous candle and the high of the current candle is now allowed)Release Notes
Changed the line type to a "Step Line"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.