I didn't like the distraction of the text of 'Joby Gap', so I replaced it with a white dot. The dot is shown at the actual bar where the Joby gap triggers. If you think the previous version is better, please let me know.
Remove from Favorite ScriptsAdd to Favorite Scripts
I love this indicator and am blown away at the accuracy when applied to the Emini S&P 500 on the daily chart. What are the parameters for the signals? Obviously, this indicator does not give a signal for every gap so what are the criteria for the gap that must be in place to give a signal?
@blakester1111, a Joby gap is basically a doji gap - useful in a gap-n-go setup. Jobi was a community member at therationalinvestor.com who happened to like that setup and so we called it after him. Unfortunately, he passed away this year. If you have any suggestions for this or any of my other scripts please let me know. I'm happy to improve. PMA FTW!