Simple Gaps for use on Bar Charts

This script identifies when price gaps up and gaps down, represented by green and red box icons respectively.

Future enhancements to this script will work across Candle charts and will indicate the size of the script, perhaps with more prominent colours.

Please suggest improvements as you see fit. Thanks, and enjoy.

Release Notes

This shows gaps up and gaps down, plotting green and red squares respectively, at the foot of the chart.

Future enhancements will make this work on Candle charts too.

Any feature requests or feedback please shout.

Thanks and I hope this is useful to you.

Release Notes

This version of the script will work on Candlestick and Bar charts.

The most powerful gap indicators are where there is a clean fresh-air gap with no wick or tail crossovers as most often seen on candlesick charts. Such gaps are noted primarily on Bar charts. These more powerful gaps are represented as green and red squares shown at the TOP of the screen, to show gaps up and gaps down, respectively.

The gap indicators most used on Candlestick charts appear along the BOTTOM of the screen.

Release Notes

Comments on screenshot added for clarity.

Release Notes

Restricted to be useful on Bar charts only, also put gap indicators on bottom of chart

Release Notes

changed chart pic

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

bigfish21

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.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

bigfish21