timwest

Gap Line

GAP 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

Skrip open-source

Sejalan dengan semangat TradingView, penulis skrip ini telah mempublikasikannya secara open-source, sehingga para trader dapat memahami dan memverifikasinya. Salut untuk sang penulis! Anda dapat menggunakannya secara gratis, tetapi penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk dapat menggunakannya didalam sebuah chart.

Inggin menggunakan skrip ini pada chart?
study("Up Movement", shorttitle="Gap Line", precision=2) 

Gap = open-close[1]

plot(cum(Gap))
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Komentar

Hi... I am looking for one the indicators you have on your this one VPVR. I think its showing volume on the right of the chart. Do you where can I find it for trading view?? Thanks.
+2 Jawab
theheirophant Kalpesh5in
@Kalpesh5in, you have to have paid subscription
+4 Jawab
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