Bollinger Band Open Gap Alert V1This is the bare bones of what I'm trying to achieve through pine script. The purpose of the script is to:
1. On a 15m chart, calculate and plot upper & lower Bollinger bands and simple moving average of 20 periods. (DONE)
2. On a new day, when the first 15m candle of a session forms, I want to check if a) the low of the new candle is outside the upper Bollinger band (also known as an open gap up) or b) if the high of the candle is the outside the lower Bollinger band (also known as open gap down). In other words, I want to know if the Bollinger Bands are not touching the new candle's wicks/shadows. (DONE)
3. Alert me if the above happens. (DONE)
4. Run the indicator through an entire watch list. I'm not sure if that's possible, yet. (HELP)
For the above job, this is what I could come up with. I need guidance for the last step . And any suggestions for corrections or improvements would be greatly appreciated!
Gap
Gap Gain Test V1.0 by @overratedtraderOddball indicators for entertainment purposes only. This is best used on daily chart.
Look at the 20 ALMA to gauge likelihood of stock following its up or down gap.
- if above the 20 ALMA , follow the gap direction
- if below the 20 ALMA , take counter trend trade
If stock gaps up AND closes higher than it opens, that gain % (close/open) is colored green and if stock gaps down and closes lower than it opens, that gain % (close/open) is colored green
Conversely if the stock gaps up BUT closes lower than it opens, red and if a stop gaps down but closes higher than it opens, red.
Enjoy and follow me on twitter @overratedtrader for more nonsensical and out-of-the-box ideas.
DAX GAPSIf 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!
Gap LineGAP LINE:
Plots the cumulative line of gaps to see extremes in psychology.
Plenty of Gap-UP's where the Open is higher than the previous bar's close get the market excited.
Plenty of Gap-DOWN's where the Open is lower than the previous bar's close get the market scared and depressed.
Look for the Gap Line to peak prior to an important peak in the market and vice versa. Look for a low in the Gap Line prior to an important low in the market.
Simple, but effective.
Tim
[RS]Gap SR Zones V1EXPERIMENTAL:
Request for: MarxBabu
changed gap detection method.
added previous close line
CM_Gap_Indicator_Intra-Day_V1CM_Gap_Indicator_Intra-Day_V1
This is a Simple Gap Indicator.
Version 1…Many Additional Features To Come.
***Designed for Intra-Day Charts.
***Great for Stocks…Forex and Futures Sunday Night Gaps.
***Plots Green Lines If Gap Up
***Plots Red Lines If Gap Down
Additional Filters Coming Soon:
***Minimum Gap% Filter
***Gap Mid Lines
***Color Coding On Filled Gaps
