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Gap Detector

Gap Detector Indicator
The Gap Detector designed to identify price gaps on a chart, highlighting significant upward and downward gaps based on user-defined thresholds. It visually marks these gaps for easy identification and generates alerts when a gap occurs.
Features
- Customizable Gap Size: Users can define the minimum gap size required for detection.
- Delay Functionality: A user-defined number of bars to wait before confirming and signaling a gap.
- Visual Gap Highlighting: Clearly displays detected gaps as colored boxes on the chart.
- Instant Alerts: Provides alerts immediately after the specified delay, notifying users of the detected gap.
Settings
- Min Gap Size (price points):
- Defines the minimum price difference between consecutive bars required to recognize a gap.
- Default value: `1.0`
- Bars to wait after gap:
- Determines the delay in bars before confirming a detected gap.
- Default value: `2`
How it Works
Gap Detection Logic:
- Gap Up: Identified when the low price of the current bar is higher than the high price of the previous bar, exceeding the minimum gap size.
- Gap Down: Identified when the high price of the current bar is lower than the low price of the previous bar, again exceeding the minimum gap size.
Gap Confirmation and Visualization:
- After detecting a gap, the indicator waits the specified number of bars before confirming.
- Once confirmed, it visually highlights the gap area on the chart:
- Gap Up: Highlighted with a green box.
- Gap Down: Highlighted with a red box.
Alerts:
- Generates clear alerts with descriptive messages:
- Gap direction (Up or Down).
- Gap size in price points.
- Number of bars elapsed since gap detection.
Alert Conditions
- Gap Up Confirmed: Alerts when a gap up is confirmed.
- Gap Down Confirmed: Alerts when a gap down is confirmed.
The Gap Detector designed to identify price gaps on a chart, highlighting significant upward and downward gaps based on user-defined thresholds. It visually marks these gaps for easy identification and generates alerts when a gap occurs.
Features
- Customizable Gap Size: Users can define the minimum gap size required for detection.
- Delay Functionality: A user-defined number of bars to wait before confirming and signaling a gap.
- Visual Gap Highlighting: Clearly displays detected gaps as colored boxes on the chart.
- Instant Alerts: Provides alerts immediately after the specified delay, notifying users of the detected gap.
Settings
- Min Gap Size (price points):
- Defines the minimum price difference between consecutive bars required to recognize a gap.
- Default value: `1.0`
- Bars to wait after gap:
- Determines the delay in bars before confirming a detected gap.
- Default value: `2`
How it Works
Gap Detection Logic:
- Gap Up: Identified when the low price of the current bar is higher than the high price of the previous bar, exceeding the minimum gap size.
- Gap Down: Identified when the high price of the current bar is lower than the low price of the previous bar, again exceeding the minimum gap size.
Gap Confirmation and Visualization:
- After detecting a gap, the indicator waits the specified number of bars before confirming.
- Once confirmed, it visually highlights the gap area on the chart:
- Gap Up: Highlighted with a green box.
- Gap Down: Highlighted with a red box.
Alerts:
- Generates clear alerts with descriptive messages:
- Gap direction (Up or Down).
- Gap size in price points.
- Number of bars elapsed since gap detection.
Alert Conditions
- Gap Up Confirmed: Alerts when a gap up is confirmed.
- Gap Down Confirmed: Alerts when a gap down is confirmed.
受保護腳本
此腳本以閉源形式發佈。 不過,您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
受保護腳本
此腳本以閉源形式發佈。 不過,您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。