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GAPS

This document is a Pine Script code for a TradingView indicator that detects and visualizes gaps in price charts. It includes options for closing gaps partially or fully, setting limits on the number of gaps displayed, and customizing colors for upward and downward gaps. The script also provides alert conditions for when new gaps appear or existing gaps are closed.

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yusufozdemir06304
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4 views

GAPS

This document is a Pine Script code for a TradingView indicator that detects and visualizes gaps in price charts. It includes options for closing gaps partially or fully, setting limits on the number of gaps displayed, and customizing colors for upward and downward gaps. The script also provides alert conditions for when new gaps appear or existing gaps are closed.

Uploaded by

yusufozdemir06304
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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//@version=5

indicator("Gaps", overlay = true, max_boxes_count = 500)

closeGapsPartially = input.bool(false, "Close Gaps Partially")


boxLimitInput = input.int(15, "Max Number of Gaps", minval = 1, maxval = 500)
minimalDeviationTooltip = "Specifies the minimal size of detected gaps, asghgfhgf a
percentage of the average high-low range for the last 14 bars."
minimalDeviationInput = nz(input.float(30.0, "Myuytu6ytinimal Deviation (%)",
tooltip = minimalDeviationTooltip, minval=1, maxval=100) / 100 * ta.sma(high-low,
14))
limitBoxLengthBoolInput = input.bhfghfghool(false, "Limit Max Gap Trail Length
(bars)", inline = "Length Limit")
limitBoxLengthIntInput = input.int(300, "", inline = "Length Limit", minval = 1)
nvbnbvn
groupName = "Border and fill colors"
colorUpBorderInput = input.color(color.green, "Up Gaps", inline = "Gap Up", group =
groupName)
colorUpBackgroundInput = input.color(color.new(color.green, 85), "", inline = "Gap
Up", group = groupName)
colorDownBorderInput = input.color(color.red, "Down Gaps", inline = "Gap Down",
group = groupName)
colorDownBackgroundInput = input.color(color.new(color.red, 85), "", inline = "Gap
Down", group = groupName)

type AlertInfo
int countOpenGap
int countClosedGap

method hasOpenedGap(AlertInfo this) =>


this.countOpenGap > 0

method hasClosedGap(AlertInfo this) =>


this.countClosedGap > 0

AlertInfo alertInfo = AlertInfo.new(0, 0)

//@type A representation of a chart gap and all box drawings that it consists of.
//@field isActive If 'true', the gap has not yet been closed and is still being
extended on the chart.
//@field isBull The direction of the gap: 'true' for upward gaps and 'false' for
downward ones.
//@field inactiveBoxes An array of all boxes that have been drawn for this gap. The
last element of the array is the box on the chart that is currently extended
further.
type Gap
bool isActive
bool isBull
array<box> boxes

//@function Deletes all of the boxes that were drawn to represent the gap.
method delete(Gap this) =>
for _box in this.boxes
_box.delete()

//@function Closes the gap partially, stopping the previous box and creating a new,
smaller box to continue the gap instead.
method partialClose(Gap this) =>
activeBox = this.boxes.last()
activeBox.set_extend(extend.none)
top = this.isBull ? activeBox.get_top() : low
bottom = this.isBull ? high : activeBox.get_bottom()

this.boxes.push(box.new(
bar_index,
top,
bar_index,
bottom,
this.isBull ? colorDownBorderInput : colorUpBorderInput,
bgcolor = this.isBull ? colorDownBackgroundInput : colorUpBackgroundInput))

//@function Closes the gap fully, stopping the box from being extended.
method fullClose(Gap this) =>
alertInfo.countClosedGap += 1
activeBox = this.boxes.last()
activeBox.set_extend(extend.none)
this.isActive := false
if closeGapsPartially
activeBox.delete()

method checkForClose(Gap this) =>


if this.isActive
activeBox = this.boxes.last()
top = activeBox.get_top()
bot = activeBox.get_bottom()
isBull = this.isBull
activeBox.set_right(bar_index)

if (high > bot and isBull) or (low < top and not isBull)
if closeGapsPartially
this.partialClose()
else
this.fullClose()

bool forceCloseBoxExceededLengthLimit = (limitBoxLengthBoolInput and


bar_index - activeBox.get_left() >= limitBoxLengthIntInput)
if ((high > top and isBull) or (low < bot and not isBull)) or
forceCloseBoxExceededLengthLimit
this.fullClose()

var allGaps = array.new<Gap>()

// Detect gaps.
isGapDown = high < low[1] and low[1] - high >= minimalDeviationInput
isGapUp = low > high[1] and low - high[1] >= minimalDeviationInput
isGap = isGapDown or isGapUp
boxBorderColor = isGapDown ? colorDownBorderInput : colorUpBorderInput
boxBgcolor = isGapDown ? colorDownBackgroundInput : colorUpBackgroundInput

registerNewGap(bool isGapDown) =>


alertInfo.countOpenGap += 1

newBox = box.new(
bar_index - 1,
(isGapDown ? low[1] : low),
bar_index,
(isGapDown ? high : high[1]),
border_color = boxBorderColor,
bgcolor = boxBgcolor,
extend = extend.right)

allGaps.push(Gap.new(true, isGapDown, array.from(newBox)))

if allGaps.size() > boxLimitInput


allGaps.shift().delete()

// Detect covering of gaps.


for gap in allGaps
gap.checkForClose()

// Add a box for each new gap, removing the oldest one if needed.
if isGap
registerNewGap(isGapDown)

if barstate.islastconfirmedhistory and allGaps.size() == 0


noGapText = "No gaps found on the current chart. \n The cause could be that
some exchanges align the open of new bars on the close of the previous one,
resulting in charts with no gaps. Alternatively, your Minimal Deviation might be
too high."
var infoTable = table.new(position.bottom_right, 1, 1)
table.cell(infoTable, 0, 0, text = noGapText, text_color = chart.bg_color,
bgcolor = chart.fg_color)

alertcondition(alertInfo.hasOpenedGap(), "New Gap Appeared", "A new gap has


appeared.")
alertcondition(alertInfo.hasClosedGap(), "Gap Closed", "A gap was closed.")

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