Finds the gaps and removes them once filled (or reduces their size on partial fill). Gap is based on close (not top or bottom) of previous candle.
GAP DETECTOR is an indicator displaying price gaps that have never been completely filled (only gaps >= 5 pips are considered). Each gap is defined by two lines (the lower and upper bound of the gap), and a label giving information on its price range #Parameters: length: the number of candles being considered in the indicator (max is 3000). width: the width of...
Katana Gaps Bounty Hunter (KGB_Hunter) by RagingRocketBull 2018 Version 1.0 This indicator shows/counts/filters gaps on a chart There are several versions: Simple, Pro and Zones. This is the Simple version. The Differences are listed below. - Simple: shows/counts gaps, changes color based on gap dir (2 colors), filters out price gaps within session, large gaps,...
Katana Gaps Bounty Hunter Pro (KGB Hunter Pro, Gap Exterminator) by RagingRocketBull 2018 Version 1.0 This indicator shows/counts/filters gaps on a chart. There are several versions: Simple, Pro, Advanced and Zones. This is the Pro version. The Differences are listed below. - Simple: shows/counts gaps, changes color based on gap dir (2 colors), filters out...
If you are interested in trading gaps in DAX, then DOW plotted in DAX's trading hours, will help you know whether the smoothed candle was a gap or not. Use a different script to plot yesterday's closing price. This will help you see the target for the gap close. Let me know if you find it helpful or not!