ES Gap Trading Levels

26 Jul

# ES Gap Trading Levels

## Overview
A professional gap trading indicator designed specifically for ES Futures traders. This indicator automatically captures the closing price at 3:59 PM ET (NYSE close) and immediately displays key gap levels for the evening trading session starting at 6:00 PM ET.

## Key Features

### ✅ **Automatic Gap Level Detection**
- Captures ES Futures closing price at 3:59-4:00 PM ET
- Instantly displays gap levels for immediate session planning
- Resets daily for fresh gap analysis

### ✅ **Six Critical Gap Levels**
- **±10 Points** (White lines) - Short-term gap targets
- **±20 Points** (Light Blue lines) - Medium gap targets
- **±30 Points** (Red lines) - Extended gap targets

### ✅ **Professional Display**
- Clean horizontal lines with customizable colors
- Clear labels showing point values (+30, +20, +10, -10, -20, -30)
- Gap levels table showing exact price targets
- Optional closing price reference line

### ✅ **Customizable Settings**
- Adjustable line colors, width, and extension
- Toggle labels and reference table on/off
- Manual closing price override for testing
- Debug mode for troubleshooting

### ✅ **Smart Management**
- Automatic cleanup of previous day's levels
- Lines appear immediately after market close
- Optimized for ES1!, MES1!, and other ES futures contracts

## How It Works

1. **Market Close Capture**: At 3:59 PM ET, the indicator captures the ES closing price
2. **Instant Display**: Gap levels immediately appear on your chart
3. **Evening Session Ready**: Lines are positioned for 6:00 PM ET session start
4. **Daily Reset**: Old levels are automatically cleared each new trading day

## Perfect For:
- Gap trading strategies
- Overnight futures trading
- ES futures scalping
- Session transition analysis
- Risk management levels

## Usage Tips:
- Best used on 1-15 minute ES futures charts
- Ensure chart timezone shows ET times
- Use manual mode for backtesting specific dates
- Combine with volume and momentum indicators

## Settings Guide:
- **Display Settings**: Control lines, labels, and table visibility
- **Colors**: Customize each gap level color scheme
- **Manual Settings**: Override closing price for testing
- **Debug**: View time detection and diagnostic information

*Designed by traders, for traders. Clean, professional, and reliable gap level detection for serious ES futures trading.*

26 Jul

Nota Keluaran

# ES Gap Trading Levels

## Overview
A professional gap trading indicator designed specifically for ES Futures traders. This indicator automatically captures the closing price at 3:59 PM ET (NYSE close) and immediately displays key gap levels for the evening trading session starting at 6:00 PM ET.

## Key Features

### ✅ **Automatic Gap Level Detection**
- Captures ES Futures closing price at 3:59-4:00 PM ET
- Instantly displays gap levels for immediate session planning
- Resets daily for fresh gap analysis

### ✅ **Six Critical Gap Levels**
- **±10 Points** (White lines) - Short-term gap targets
- **±20 Points** (Light Blue lines) - Medium gap targets
- **±30 Points** (Red lines) - Extended gap targets

### ✅ **Professional Display**
- Clean horizontal lines with customizable colors
- Clear labels showing point values (+30, +20, +10, -10, -20, -30)
- Gap levels table showing exact price targets
- Optional closing price reference line

### ✅ **Customizable Settings**
- Adjustable line colors, width, and extension
- Toggle labels and reference table on/off
- Manual closing price override for testing
- Debug mode for troubleshooting

### ✅ **Smart Management**
- Automatic cleanup of previous day's levels
- Lines appear immediately after market close
- Optimized for ES1!, MES1!, and other ES futures contracts

## How It Works

1. **Market Close Capture**: At 3:59 PM ET, the indicator captures the ES closing price
2. **Instant Display**: Gap levels immediately appear on your chart
3. **Evening Session Ready**: Lines are positioned for 6:00 PM ET session start
4. **Daily Reset**: Old levels are automatically cleared each new trading day

## Perfect For:
- Gap trading strategies
- Overnight futures trading
- ES futures scalping
- Session transition analysis
- Risk management levels

## Usage Tips:
- Best used on 1-15 minute ES futures charts
- Ensure chart timezone shows ET times
- Use manual mode for backtesting specific dates
- Combine with volume and momentum indicators

## Settings Guide:
- **Display Settings**: Control lines, labels, and table visibility
- **Colors**: Customize each gap level color scheme
- **Manual Settings**: Override closing price for testing
- **Debug**: View time detection and diagnostic information

*Designed by traders, for traders. Clean, professional, and reliable gap level detection for serious ES futures trading.*

2 Ogo

Nota Keluaran

Updated to Improve End of Week handling. Chart should display levels for the upcoming day, including on Friday evening.

3 Ogo

Nota Keluaran

Debugged the original script to handle weekend change and be able to show Monday's gap over the weekend.