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Gap Fill Indicator

nils_k · 2022-10-13T10:47:40+00:00

I want to visually highlight a gap until it is filled. So far, I came up with the following code (see the attached screenshot for the result of this code). What I want to achieve is that the lines that indicate the gap reach until the candle that fully fills this gap (or else continue to go on until the gap is fully filled). How can this be done? So far I have hardcoded the length of the line to 10 bars; but that is obviously either too long or too short. Thank you so much for your help. Greetings! // Calculate average range AverageHIGH = AVERAGE[20](HIGH) AverageLOW = AVERAGE[20](LOW) AverageRANGE = AverageHIGH - AverageLOW // Find bullish gaps IF LOW > HIGH[1] AND (LOW - HIGH[1]) > 0.35 * AverageRANGE THEN gapfillzoneHIGH = LOW gapfillzoneLOW = HIGH[1] a = BARINDEX-1 DRAWSEGMENT(a,gapfillzoneHIGH,BARINDEX+10,gapfillzoneHIGH) COLOURED(0,255,0) DRAWSEGMENT(a,gapfillzoneLOW,BARINDEX+10,gapfillzoneLOW) COLOURED(255,0,0) ENDIF // Find bearish gaps IF HIGH 0.35 * AverageRANGE THEN gapfillzoneHIGH = HIGH gapfillzoneLOW = LOW[1] a = BARINDEX-1 DRAWSEGMENT(a,gapfillzoneLOW,BARINDEX+10,gapfillzoneLOW) COLOURED(0,255,0) DRAWSEGMENT(a,gapfillzoneHIGH,BARINDEX+10,gapfillzoneHIGH) COLOURED(255,0,0) ENDIF RETURN

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Gap Fill Indicator

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04/01/2023 at 4:23 AM #212635 quote

rob.es
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hi Roberto how can we make a screener for this with this condition: if the current price is really close to the open gap?

thanks
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Gap Fill Indicator

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nils_k @nils_k Participant

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This topic contains 15 replies,
has 6 voices, and was last updated by rob.es
3 years, 6 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	10/13/2022
Status:	Active
Attachments:	6 files

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Gap Fill Indicator

Stuck on this ProBuilder code?

Gap Fill Indicator ProBuilder: Indicators & Custom Tools

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Gap Fill Indicator

ProBuilder: Indicators & Custom Tools