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MattDeLong

RLT Gaps

MattDeLong  
Candlestick analysis educational sentiment gap gapup gapupfill gapsizeindicator
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candlestickanalysis educational sentiment gap gapup gapupfill gapsizeindicator
This tool is meant to help you learn the different types of gaps:
GNG = Gap N Go (flag icon). This occurs
RTG = Retest Gap (x icon)

SETTINGS
Gap Size: Will display a green(bullish) or red(bearish) icon. The 2% (default) gap size will highlight gaps that are greater than the configured setting (2% up or 2% down).

NOTES
The gap size is measured from the previous day CLOSE to the current day OPEN and ignores the current days movement.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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