Dreadblitz

Gap Automatic Retrocess Levels

This Script detects Bearish / Bullish GAP at market opening 09:30 am NY and automatically traces backward levels, of which 2 are configurable at your discretion.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

it is similar to using the zigzag indicator...lol but it helpful
+4 Reply
Dreadblitz davidmavenaji
@davidmavenaji, I hope you find it useful, regards
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davidmavenaji Dreadblitz
@Dreadblitz, sure man thanks
I do my home work at weekends in preparing for the market to open
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not working :(
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Excelente trabajo, gracias por compartirlo con todos. Saludos
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can it be run on mt4?
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Dreadblitz davidmavenaji
@davidmavenaji, you should translate to MT4 language I unfortunately not program in MT4
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