cryptonnnite

Weekly Opening Gap (cryptonnnite)

In the context of general equities, opening price that is substantially higher or lower than the previous day's closing price, usually because of some extraordinarily positive or negative news. Opening gap using as a potential target which market usually trades to.
Release Notes:
added ability to extend gap box to the end of the day or week
Release Notes:
  • Added new day opening gap
  • C.E. (Consequent Encroachment) of gaps
  • Labels
Release Notes:
fix: do not show labels if there are no gaps
Release Notes:
Added option to choose between previous day close and current open GAP and 5pm to 6pm GAP (There is a big difference between these gaps)
Release Notes:
  • changeable amount of nwogs
  • ability to extend previous nwogs to the end of the current day/week
  • 5pm to 6pm GAP option applicable to nwog too now
  • changeable color of C.E. line
Release Notes:
fixed previous nwog on 1 minute chart because of tradingview historical bar limit
Release Notes:
  • changeable amount of NDOGs
  • ability to extend previous NDOGs to current day
Release Notes:
  • fixed ndogs extension to current day
  • added ability to change label size, color and position
  • added day label for ndog and period label for nwog
  • added ability to change color of previous ndogs and nwogs
  • added ability to change C.E. line style
  • added price labels of high C.E. and low for each ndog and nwog
Release Notes:
  • Event Horizon Line
  • Time format
  • Show/Hide Date Label
  • Fixed error with format_time

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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?