INVITE-ONLY SCRIPT
Gap Trader
Updated
- Plot the most recent 20 gaps based on custom session info.
- The session can be customized with a start time and an end time.
- The previous open, high, low, close are only from the price during the session specified.
- A gap line will stop printing the moment the gap is filled.
- For CME futures, the session must be offset by one hour for Central time. I use the official cash close of 16:15 EST (yes, not 16:00) as this is the TRUE close when options go offline. Every day CME futures take a break between 16:15 - 16:30 EST for settlement, and then again from 17:00 - 18:00 EST.
- To offset CME futures you must subtract an hour, the official NYSE hours for futures: 0830-1515, this translates to 9:30 AM EST - 4:15 PM EST.
- For information about the probability of a previous day's gap being filled by the NYSE close: investiquant.com/cms/wp-content/uploads/2015/04/IQ-gap-zone-map.png
Release Notes
- Update to version 4 pinescript.
- Gaps now include date labels and the price!
Release Notes
- Updated gap fill mechanism.
- Added final price label when a gap is filled for reference.
- Added a "Gap Filled" alertcondition when any previous gap in the last 20 sessions is filled.
- Gaps are only shown for the previous 20 sessions for performance reasons in pinescript.
Release Notes
- Added member features.
Release Notes
- Resolved the issue with 24x7 session on stocks where there is no extended sesssion.
- Added additional icons to show the unfilled gaps.
- Added label showing the unfilled or premarket close that must touch during the next session, or a gap will be generated.
- Major improvements to gap calculations.
- Option to use the "settlement close" instead of the last value prescribed by the session window. This is useful for stocks and future that have a separate settlement close reported by the exchange.
Release Notes
- Fixed issue with n/a values for the recent Pine 4.0 development updates.
Release Notes
- Major UI performance improvements.
- Last 20 gaps stored in memory.
- Options for coloring added using color palette.
- New gaps are now distinguished from continuing unfilled gaps.
- Fixed issue where the session window never closes (usually happened with stock symbols not using extended hours).
Release Notes
- Added timezone feature. Use the timezone to match the session window. For example, when using the cash session of the NYSE as 0930-1600, the correct timezone would be GMT-4. However, if your Trading View settings are set for GMT+0 for London time, then the session window should be set to 1430-2100. The timezone feature is used to specify the local time with respect to the session window.
Release Notes
- Updated American time zones to use daylight savings time where appropriate.
Invite-only script
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Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: paypal.me/mortdiggiddy
Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: paypal.me/mortdiggiddy
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