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CME Gap Tracker [captainua]CME Gap Tracker - Advanced Gap Detection & Tracking System Overview This indicator provides comprehensive gap detection and tracking capabilities for both consecutive bar gaps and weekly CME trading session gaps. It automatically detects gaps, tracks their fill progress in real-time, provides detailed statistics, and includes backtesting features to validate gap trading strategies. The script is optimized for CME futures trading but works with any instrument, automatically handling ticker conversion between CME futures and spot markets. Gap Detection Types Consecutive Bar Gaps: Detects gaps between any two consecutive bars on the current timeframe. Two detection modes are available: - High/Low Mode: Detects gaps when current bar's low > previous bar's high (gap up) or current bar's high < previous bar's low (gap down). This is more sensitive and detects more gaps. - Close/Open Mode: Detects gaps when current bar's open > previous bar's close (gap up) or current bar's open < previous bar's close (gap down). This is more conservative. Weekly CME Gaps: Detects gaps between weekly trading sessions, specifically designed for CME futures markets. The script automatically detects the first bar of each new week and compares the current week's open with the previous week's close/high/low. This is particularly useful for tracking weekend gaps in CME futures markets where price can gap significantly between Friday close and Monday open. Smart Ticker Detection The script automatically converts between CME futures tickers (e.g., BTC1!, ETH1!) and spot tickers (e.g., BTCUSDT, ETHUSDT). When viewing a CME futures chart, it can automatically detect and use the corresponding spot ticker for gap analysis, and vice versa. This allows traders to: - View CME futures but track spot market gaps - View spot markets but track CME futures gaps - Manually override with custom ticker specification The ticker validation system uses caching to prevent race conditions during initial script load, ensuring reliable ticker resolution. Gap Filtering & Tolerance Static Tolerance: Set minimum and maximum gap sizes as percentages (default: show only gaps > 0.333% and < 100%). This filters out noise and focuses on significant gaps. Dynamic Tolerance: When enabled, tolerance is calculated dynamically based on ATR (Average True Range). The formula: Dynamic Tolerance = (ATR × ATR Multiplier / Close Price) × 100%. This adapts to market volatility - in volatile markets, only larger gaps are shown; in calm markets, smaller gaps are displayed. This is particularly useful for instruments with varying volatility. Absolute Size Filtering: In addition to percentage filtering, gaps can be filtered by absolute price size (e.g., show only gaps > $100). This is useful for instruments where percentage alone doesn't capture significance (e.g., high-priced stocks). Fill Confirmation System To reduce false gap closure signals, the script requires multiple consecutive bars to confirm gap closure. The default is 2 bars, but can be adjusted from 1-10 bars. Lower values (1) confirm faster but may produce false signals from temporary wicks. Higher values (3-5) reduce false fill signals but delay confirmation. This prevents temporary price spikes from triggering false gap closure alerts. Gap Fill Tracking The script tracks gap fill progress in real-time: - Fill Percentage: How much of the gap has been filled (0-100%) - Fill Speed: Whether fill is accelerating, decelerating, or constant - Time to Fill: For closed gaps, how many bars it took to fill - Fill Status: Unfilled, partially filled, or fully filled Visual Features Heatmap Colors: Gap colors can be adjusted based on gap size, with larger gaps appearing more intense and smaller gaps more faded. Adaptive Line Width: Line thickness automatically adjusts based on gap size, making larger gaps more prominent. Age-Based Coloring: Gaps can be color-coded by age, with newer gaps appearing brighter and older gaps more faded. Confluence Zones: Areas where multiple gaps overlap are highlighted with enhanced visuals, indicating stronger support/resistance zones. Gap Statistics A comprehensive statistics table provides: - Total gaps created, open, and closed - Fill rates by direction (up vs down) and size category (small, medium, large) - Average fill time, fastest fill, slowest fill - Oldest gap and oldest unfilled gap - Backtesting results: success rate, reversal rate, average move after fill - CME gap expiration statistics: Gaps expired unfilled (for Weekly CME gaps only) Statistics can be filtered by period (All Time, Last 100/500/1000/5000 bars) and can be reset via toggle button. Backtesting When enabled, the script tracks price movement after gap fills: - Price after fill: Captures price when gap closes - Move after fill: Percentage price movement after closure - Success/Reversal tracking: Determines if price continued in fill direction or reversed - Success rate: Percentage of gaps where price continued in fill direction This data helps validate gap trading strategies and understand gap fill behavior. Gap Re-opening Detection When enabled, the script detects when a previously filled gap reopens (price gaps back through the filled gap zone). This is useful for identifying when support/resistance levels break and can signal trend reversals. CME-Specific Features Monday Opening Volume Analysis: For Weekly CME gaps detected on Monday openings, the script tracks Monday opening volume relative to average volume. Higher Monday volume ratios indicate stronger gap significance. This ratio is integrated into gap strength calculations and can be displayed in gap labels. Gaps with Monday volume > 1.5x average receive priority score boosts. CME Gap Expiration Tracking: Weekly CME gaps that remain unfilled beyond a configurable threshold (default 1000 bars) are automatically marked as "expired" and tracked separately in statistics. This helps identify gaps that act as strong support/resistance levels and never fill. Expired gaps are displayed with special labeling and counted in the "Gaps Expired (CME)" statistic. CME Gap Priority Scoring Enhancement: The priority scoring system includes special boosts for CME gaps: - Monday gaps: +10 points (gaps detected on Monday openings) - High Monday volume gaps: +15 points (Monday volume ratio > 1.5x average) - Gaps at key weekly levels: +10 points (gaps aligning with previous week's high, low, or close within 0.5% tolerance) These enhancements help prioritize the most significant CME gaps for trading decisions. Custom Gap Zones Traders can manually mark custom gap zones by specifying top and bottom levels. These zones are tracked like automatically detected gaps, allowing traders to: - Mark historical gaps that weren't detected - Create support/resistance zones based on other analysis - Track specific price levels of interest Multi-Timeframe Support The script can detect gaps on higher timeframes simultaneously. For example, when viewing a 1-hour chart, it can also detect and display gaps from the weekly timeframe. This provides multi-timeframe context for gap analysis. Alert System Comprehensive alert system with multiple trigger types: - Gap Creation: Alert when new gaps are detected - Gap Closure: Alert when gaps are fully filled - Partial Fill: Alert when gaps reach specific fill percentages (e.g., 25%, 50%, 75%, 90%) - Approaching Closure: Alert when gaps reach high fill levels (e.g., 90%, 95%) before closing - Gap Re-opening: Alert when previously filled gaps reopen Alerts can be filtered to trigger only on Mondays (useful for CME weekly gaps) or any day. Filtering Options Gaps can be filtered by: - Fill Status: Show all, unfilled only, partially filled only, or fully filled only - Fill Percentage Range: Show gaps within specific fill percentage ranges - Gap Age: Show only gaps within specific age ranges (bars) - Gap Expiration: Automatically remove gaps older than specified number of bars (for Weekly CME gaps, uses separate CME expiration threshold) Performance & Safety The script includes several safety features: - Safe array operations to prevent index out-of-bounds errors - Memory leak prevention through proper visual object cleanup - Ticker validation caching to prevent race conditions - Week boundary detection for accurate CME gap identification - Fill confirmation system to reduce false signals - Monday opening volume analysis for CME gap strength assessment - CME gap expiration tracking with configurable thresholds - Priority scoring enhancement for Monday gaps, high Monday volume, and key weekly levels Usage Recommendations For CME Weekly Gaps: 1. Set "Gap Detection Type" to "Weekly CME" 2. View a CME futures chart (e.g., BTC1!) or enable auto-detect spot ticker 3. Set tolerance to filter gap size (default 0.333%) 4. Enable statistics to track fill rates 5. Configure alerts for gap creation/closure For Consecutive Bar Gaps: 1. Set "Gap Detection Type" to "Consecutive Bars" 2. Choose "High/Low" for more gaps or "Close/Open" for fewer gaps 3. Adjust tolerance based on instrument volatility 4. Enable fill confirmation (2-3 bars) for more reliable signals 5. Use filtering to focus on specific gap types For Gap Trading Strategies: 1. Enable backtesting to validate strategy performance 2. Review statistics to understand gap fill patterns 3. Use confluence zones to identify strong support/resistance 4. Configure alerts for gap events matching your strategy 5. Use custom zones to mark important levels Technical Details: • Pine Script v6 | Overlay indicator • Safe array operations with index validation • Memory leak prevention through proper object cleanup • Ticker validation caching for reliable ticker resolution • Works on all timeframes and instruments • Comprehensive edge case handling • Week boundary detection using ta.change(weekofyear) • Fill confirmation system with configurable bars For detailed documentation and usage instructions, see the script comments.
Pine Script® indicator
by captain_ua
CME Gap Oscillator [CryptoSea]Introducing the CME Gap Oscillator , a pioneering tool designed to illuminate the significance of market gaps through the lens of the Chicago Mercantile Exchange (CME). By leveraging gap sizes in relation to the Average True Range (ATR), this indicator offers a unique perspective on market dynamics, particularly around the critical weekly close periods. Key Features Gap Measurement : At its core, the CME Oscillator quantifies the size of weekend gaps in the context of the market's volatility, using the ATR to standardize this measurement. Dynamic Levels : Incorporating a dynamic extreme level calculation, the tool adapts to current market conditions, providing real-time insights into significant gap sizes and their implications. Band Analysis : Through the introduction of upper and lower bands, based on standard deviations, traders can visually assess the oscillator's position relative to typical market ranges. Enhanced Insights : A built-in table tracks the frequency of the oscillator's breaches beyond these bands within the latest CME week, offering a snapshot of recent market extremities. Settings & Customisation ATR-Based Measurement : Choose to measure gap sizes directly or in terms of ATR for a volatility-adjusted view. Band Period Adjustability : Tailor the oscillator's sensitivity by modifying the band calculation period. Dynamic Level Multipliers : Adjust the multiplier for dynamic levels to suit your analysis needs. Visual Preferences : Customise the oscillator, bands, and table visuals, including color schemes and line styles. In the example below, it demonstrates that the CME will want to return to the 0 value, this would be considered a reset or gap fill. Application & Strategy Deploy the CME Oscillator to enhance your market analysis Market Sentiment : Gauge weekend market sentiment shifts through gap analysis, refining your strategy for the week ahead. Volatility Insights : Use the oscillator's ATR-based measurements to understand the volatility context of gaps, aiding in risk management. Trend Identification : Identify potential trend continuations or reversals based on the frequency and magnitude of gaps exceeding dynamic levels. The CME Oscillator stands out as a strategic tool for traders focusing on gap analysis and volatility assessment. By offering a detailed breakdown of market gaps in relation to volatility, it empowers users with actionable insights, enabling more informed trading decisions across a range of markets and timeframes.
Pine Script® indicator
by CryptoSeaTV
1
CME Trading Hours HighlightDisplay the times when the CME is or isn't trading, on a non-CME symbol. The Chicago Mercantile Exchange hours are usually from 17:00 one day to 16:00 the next, with an hour's break. Trading halts from Friday evening to Sunday evening. The exchange is in Chicago. You might want to display these hours if you trade the same asset on a different exchange. For example, you might want to overlay the CME BTC1! hours on a Coinbase BTC chart to see how trading in these futures contracts affects the market. Inputs: Shade Outside Trading Hours - If selected (the default), then the chart background is shaded when the CME is closed. If unselected, the background is shaded when it's open. Highlight Color - The colour to use for the background shade. Just for fun, I wanted to publish a useful script that only took up one line 😁
Pine Script® indicator
by SimpleCryptoLife
2
CME Price LimitCalculates the CME Price Limit The reference price is obtained from the previous day's closing settlement price (data pulled from the asset's daily chart with settlement enabled) Percentage limit can be modified in settings Buffer can be enabled (for example, 2% buffer on a 7% limit, so a line gets drawn at 5% too) Alert can be enabled for price crossing a certain percentage from reference on the day You can choose to plot the historical lines on every day, or the current day only The reference price output can be found in the data window, or in the indicator status line if enabled in the settings. Before placing real trades with this, you should compare the indicator's reference price to what's shown on CME's website, to double check that TradingView's data matches for your contract. www.cmegroup.com
Pine Script® indicator
by Sews
CME Gap Detector [CryptoSea]The CME Gap Indicator , is a tool designed to identify and visualize potential price gaps in the cryptocurrency market, particularly focusing on gaps that occur during the weekend trading sessions. By highlighting these gaps, traders can gain insights into potential market movements and anticipate price behavior. Key Features Gap Identification: The indicator identifies gaps in price between the Friday close and the subsequent opening price on Monday. It plots these gaps on the chart, allowing traders to easily visualize and analyze their significance. Weekend Price Comparison: It compares the closing price on Friday with the opening price on Monday to determine whether a gap exists and its magnitude. Customizable Visualization: Traders have the option to customize the visualization of the gaps, including the color scheme for better clarity and visibility on the chart. Neutral Candle Color Option: Users can choose to display neutral candle colors, enhancing the readability of the chart and reducing visual clutter. How it Works Data Fetching and Calculation: The indicator fetches the daily close price and calculates whether a gap exists between the Friday close and the subsequent Monday opening price. Plotting: It plots the current price and the previous Friday's close on the chart, making it easy for traders to compare and analyze. Gradient Fill: The indicator incorporates a gradient fill feature to visually represent the magnitude of the gap, providing additional insights into market sentiment. Weekend Line Logic: It includes logic to identify Sunday bars and mark them on the chart, aiding traders in distinguishing weekend trading sessions. Application Gap Trading Strategy: Traders can use the identified gaps as potential entry or exit points in their trading strategies, considering the tendency of price to fill gaps over time. Market Sentiment Analysis: Analyzing the presence and size of weekend gaps can provide valuable insights into market sentiment and participant behavior. Risk Management: Understanding the existence and significance of gaps can help traders manage their risk exposure and make informed decisions. The CME Gap indicator offers traders a valuable tool for analyzing weekend price gaps in the cryptocurrency market, empowering them to make informed trading decisions and capitalize on market opportunities.
Pine Script® indicator
by CryptoSeaTV
3
CME Equity Futures Price Limits Breakers for CME's futures contracts. Should work on CST/EST/UTC charts. CME says it uses the last 30 seconds of the session to grab a reference price, so I took the open of the last session's candle because it's easier. Out of session breakers: +/-5% Limit downs: -7%/-13%/-20% There are some minor nuances for the later part of the NY session but I don't really care to add that in right now. Options: - Input a manual reference price to override the selected price for accuracy. - Show only the current/last session's limits. This breaks the in session limit down lines. Live prices: www.cmegroup.com Month codes: www.cmegroup.com Reference: www.cmegroup.com It's best to check the last updated reference price to ensure it's correct.
Pine Script® indicator
by NeoButane
3
CME OpenThis indicator prints CME open line price on chart. Please choose the right time to input depending on the broker you are using in Tradingview. List of brokers: OANDA 0620-0621 FOREX.COM 0620-0621 SAXO 0620-0621 GLOBALPRIME 0620-0621 (Working only on 1 minute chart) VANTAGE 0620-0621 EASYMARKETS 0620-0621 PHILLIPNOVA 0620-0621 FXCM (FX) 0620-0621 CURRENCYCOM 0620-0621 CAPITALCOM 0620-0621 FXOPEN 1220-1221 PEPPERSTONE 1020-1021 SKILLING 1020-1021 EIGHTCAP 1320-1321 BLACKBULL 1320-1321
Pine Script® indicator
by Unown_666
Combined Bitcoin CME Gaps and Weekend DaysScript Description: Combined Bitcoin CME Gaps and Weekend Days Author: NeoButane (Bitcoin CME Gaps), JohnIsTrading (Day of Week), Contributor : MikeTheRuleTA (Combined and optimizations) This Pine Script indicator provides a combined view of Bitcoin CME gaps and customizable weekend day backgrounds on your chart. It’s designed to help traders visualize CME gaps along with customizable weekend day highlights. Features: CME Gaps Visualization: Enable CME Gaps: Toggle the display of CME gaps on your chart. Show Real vs. CME Price: Choose whether to display chart prices or CME prices for gap analysis. Weekend Gaps Only: Filter to show only weekend gaps for a cleaner view (note: this may miss holidays). CME Gaps Styling: Weekend Background Highlighting: Enable Weekend Background: Toggle the weekend day background highlight on or off. Timezone Selection: Choose the relevant timezone for accurate weekend highlighting. Customizable Weekend Colors: Define colors for Saturday and Sunday backgrounds. How It Works: CME Gaps: The script identifies gaps between CME and chart prices when the CME session is closed. It plots these gaps with customizable colors and line widths. You can choose to see gaps based on CME prices or chart prices and decide whether to include only weekends. Weekend Backgrounds: The script allows for background highlighting of weekends (Saturday and Sunday) on your chart. This can be enabled or disabled and customized with specific colors. The timezone setting ensures that the background highlights match your local time settings. Inputs: CME Gaps Settings: Enable CME Gaps Show Real vs. CME Price Only Show Weekend Gaps CME Gaps Style: Gap Fill Color Up Gap Fill Color Down Gap Fill Transparency Weekend Settings: Enable Weekend Background Timezone Enable Saturday Saturday Color Enable Sunday Sunday Color Usage: Add this script to your TradingView chart to overlay CME gaps and weekend highlights. Adjust the settings according to your preferences for a clearer view of gaps and customized weekend backgrounds. This indicator provides a comprehensive tool for tracking CME gaps and understanding weekend market behaviors through visual enhancements on your trading charts.
Pine Script® indicator
by MikeTheRuleTA
CME Quarterly ShiftsCME Quarterly Shifts - Institutional Quarter Levels Overview: The CME Quarterly Shifts indicator tracks price action based on actual CME futures contract rollover dates, not calendar quarters. This indicator plots the Open, High, Low, and Close (OHLC) for each quarter, with quarters defined by the third Friday of March, June, September, and December - the exact dates when CME quarterly futures contracts expire and roll over. Why CME Contract Dates Matter: Institutional traders, hedge funds, and large market participants typically structure their positions around futures contract expiration cycles. By tracking quarters based on CME rollover dates rather than calendar months, this indicator aligns with how major institutional players view quarterly timeframes and position their capital. Key Features: ✓ Automatic CME contract rollover date calculation (3rd Friday of Mar/Jun/Sep/Dec) ✓ Displays Quarter Open, High, Low, and Close levels ✓ Vertical break lines marking the start of each new quarter ✓ Quarter labels (Q1, Q2, Q3, Q4) for easy identification ✓ Adjustable history - show up to 20 previous quarters ✓ Fully customizable colors and line widths ✓ Works on any instrument and timeframe ✓ Toggle individual OHLC levels on/off How to Use: Quarter Open: The opening price when the new quarter begins (at CME rollover) Quarter High: The highest price reached during the current quarter Quarter Low: The lowest price reached during the current quarter Quarter Close: The closing price from the previous quarter These levels often act as key support/resistance zones as institutions reference them for quarterly performance, rebalancing, and position management. Settings: Display Options: Toggle quarterly break lines, OHLC levels, and labels Max Quarters: Control how many historical quarters to display (1-20) Colors: Customize colors for each level and break lines Styles: Adjust line widths for OHLC levels and quarterly breaks Best Practices: Combine with other Smart Money Concepts (liquidity, order blocks, FVGs) Watch for price reactions at quarterly Open levels Monitor quarterly highs/lows as potential targets or stop levels Use on higher timeframes (4H, Daily, Weekly) for clearer institutional perspective Pairs well with monthly and yearly levels for multi-timeframe confluence Perfect For: ICT (Inner Circle Trader) methodology followers Smart Money Concepts traders Swing and position traders Institutional-focused technical analysis Traders tracking quarterly performance levels Works on all markets: Forex, Indices, Commodities, Crypto, Stocks
Pine Script® indicator
by TSA_TimeSpaceAlgorithm
BTC CME Futures Gaps (BTCGapHunt_CME)BTC CME Futures Gaps Indicator Overview This indicator visualises price gaps between the daily close and open of Bitcoin CME futures (CME:BTC1!). These gaps are often revisited ("filled") by market price action and may serve as technical targets. Thanks ... to Maven and the Blockchain Masons (x.com/Masons_DAO) to push me on this topic. What Is a CME Gap? CME Bitcoin Futures do not trade 24/7. Gaps form when the market reopens at a different price than where it last closed. Gaps are often used as support/resistance or liquidity targets. This indicator tracks, visualises, and alerts on these gaps. Key Features Automatic gap detection using daily open/close on CME:BTC1! Dynamic gap size threshold based on ATR (Average True Range) Highlight unfilled gaps and track partial fills visually Alerts for gap formation and fill events Parameter overlay showing real-time settings Supported and Overrideable Parameters ATR Length: Defines the lookback period for ATR calculation (default: 14) Gap Size Multiplier: Multiplies the ATR to set the dynamic gap threshold (default: 1.0) Proximity Threshold: Price distance from gap edge to consider it filled (default: 100 USD) Max Gaps Tracked: Maximum number of concurrent gaps shown (default: 50) Alerts Enabled: Toggle alerts for gap formation and gap fill events How the Gap Size Is Calculated Minimum Gap Size = ATR(14) * Gap Size Multiplier ATR Length and Gap Size Multiplier are configurable. Gap threshold adjusts dynamically with market volatility. Visual Guide Red Box: Fully unfilled gap Lemon Yellow Box: Partially filled gap Right Margin Boxes: Snapshot of unfilled gaps for quick access Top-Right Panel: Current ATR, Gap Size, Thresholds, etc. Alerts Gap Formed: A new gap is detected. Gap Filled: The gap is either partially or fully filled. Recommended Timeframes 1H, 4H, 1D (best resolution) Designed for BTC spot/perpetual charts (e.g., BTCUSD, BTCUSDT) How To Use Add the script to your BTC chart. Monitor red/yellow boxes for unfilled gaps. Check config panel for current threshold and settings. Enable alerts via TradingView for real-time updates. Notes Up to 50 gaps are tracked (adjustable). Data source: CME futures via request.security. All visuals and alerts are time-synced with your chart. Disclaimer This script is for educational purposes only. Trade at your own risk.
Pine Script® indicator
by xCryptoRunner
Ether (Ethereum) CME Gaps [NeoButane]Detects gaps in trading for CME's "Ether" cash-settled futures. This will show gaps as they happen on the 24/7 charts that crypto exchanges use. It is not usable on CME's tickers themselves, as gaps in trading are not displayed. This indicator will only display if viewing an ETH chart. More information on the CME ETH futures here: www.cmegroup.com Based on: What's different: CME's BTC and ETH markets trade the same hours, but one may hit a limit breaker while there may be a case where the other does not.
Pine Script® indicator
by NeoButane
5
BTC CME Gaps Detector [SwissAlgo]BTC CME Gaps Detector Track Unfilled Gaps & Identify Price Magnets ------------------------------------------------------ Overview The BTC CME Gap Detector identifies and tracks unfilled price gaps on any timeframe (1-minute recommended for scalping) to gauge potential trading bias. Verify Gap Behavior Yourself : Use TradingView's Replay Mode on the 1-Minute chart to observe how the price interacts with gaps. Load the BTC1! ticker (Bitcoin CME Futures), enable Replay Mode, and play forward through time (for example: go back 15 days). You may observe patterns such as price frequently returning to fill gaps, nearest gaps acting as near-term targets, and gaps serving as potential support/resistance zones. Some gaps may fill quickly, while others may remain open for longer periods. This hands-on analysis lets you independently assess how gaps may influence price movement in real market conditions and whether you may use this indicator as a complement to your trading analysis. ------------------------------------------------------ Purpose Price gaps occur when there is a discontinuity between consecutive candles - when the current candle's low is above the previous candle's high (gap up), or when the current candle's high is below the previous candle's low (gap down). This indicator identifies and tracks these gaps on any timeframe to help traders: Identify gap zones that may attract price (potential "price magnets") Monitor gap fill progression Assess potential directional bias based on nearest unfilled gaps (long, short) Analyze market structure and liquidity imbalances ------------------------------------------------------ Why Use This Indicator? Universal Gap Detection : Identifies all gaps on any timeframe (1-minute, hourly, daily, etc.) Multi-Candle Mitigation Tracking : Detects gap fills that occur across multiple candles Distance Analysis : Shows percentage distance to nearest bullish and bearish gaps Visual Representation : Color-coded boxes indicate gap status (active vs. mitigated) Age Filtering : Option to display only gaps within specified time periods (3/6/12/24 months), as older gaps may lose relevance ATR-Based Sizing : Minimum gap size adjusts to instrument volatility to filter noise (i.e. small gaps) ------------------------------------------------------ Trading Concept Gaps represent price zones where no trading occurred. Historical market behavior suggests that unfilled gaps may attract price action as markets tend to revisit areas of incomplete price discovery. This phenomenon creates potential trading opportunities: Bullish gaps (above current price) may act as upside targets where the price could move to fill the gap Bearish gaps (below current price) may act as downside targets where price could move to fill the gap The nearest gap often provides directional bias, as closer gaps may have a higher probability of being filled in the near term This indicator helps quantify gap proximity and provides a visual reference for these potential target zones. EXAMPLE Step 1: Bearish Gaps Appear Below Price Step 2: Price Getting Close to Fill Gap Step 3: Gap Mitigated Gap ------------------------------------------------------ Recommended Setup Timeframe: 1-minute chart recommended for maximum gap detection frequency. Works on all timeframes (higher timeframes will show fewer, larger gaps). Symbol: Any tradable instrument. Originally designed for BTC1! (CME Bitcoin Futures) but compatible with all symbols. Settings: ATR Length: 14 (default) Min Gap Size: 0.5x ATR (adjust based on timeframe and noise level) Gap Age Limit: 3 months (configurable) Max Historical Gaps: 300 (adjustable 1-500) ------------------------------------------------------ How It Works Gap Detection : Identifies price discontinuities on every candle where: Gap up: current candle low > previous candle high Gap down: current candle high < previous candle low Minimum gap size filter (ATR-based) eliminates insignificant gaps Mitigation Tracking : Monitors when price touches both gap boundaries. A gap is marked as filled when the price has touched both the top and bottom of the gap zone, even if this occurs across multiple candles. Visual Elements : Green boxes: Unfilled gaps above current price (potential bullish targets) Red boxes: Unfilled gaps below current price (potential bearish targets) Gray boxes: Filled gaps (historical reference) Labels: Display gap type, price level, and distance percentage Analysis Table: Shows : Distance % to nearest bullish gap (above price) Distance % to nearest bearish gap (below price) Trade bias (LONG if nearest gap is above, SHORT if nearest gap is below) ------------------------------------------------------ Key Features Detects gaps on any timeframe (1m, 5m, 1h, 1D, etc.) Boxes extend 500 bars forward for active gaps, stop at the fill bar for mitigated gaps Real-time distance calculations update on every candle Configurable age filter removes outdated gaps ATR multiplier ensures gap detection adapts to market volatility and timeframe ------------------------------------------------------ Disclaimer This indicator is provided for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or trading signals. The concept that gaps attract price is based on historical observation and does not guarantee future results. Gap fills are not certain - gaps may remain unfilled indefinitely, or the price may reverse before reaching a gap. This indicator should not be used as the sole basis for trading decisions. All trading involves substantial risk, including the potential loss of principal. Users should conduct their own research, apply proper risk management, test strategies thoroughly, and consult with qualified financial professionals before making trading decisions. The authors and publishers are not responsible for any losses incurred through the use of this indicator.
Pine Script® indicator
by SwissAlgo
Open Interest:CME e-o-d vs CFTC e-o-wCFTC only publishes total OI on fridays, related to last Tuesday. But what happened since last Tuesday? CME Vol & Open Interest data is recorded&exported daily by quandl.com to tradingview via the che CHRIS/CME datasets www.quandl.com Eg. Nat Gas next outstanding cntract n. 20, field n. 7(OI) @quandl.com: www.quandl.com is exported @tradingview: www.tradingview.com Every outstanding contract's OI & vol is exported (black column), but not the total (yellow line): tiny.cc This script sums up all the existing outstanding contract's OI for the future (the black column), so one can have an idea of the total OI for the day (Yellow line). As numer of outstanding contracts varies from future to future,Eg: E-mini (ES) has 4 contracts, Gold(GC) 16 cntrcts, NatGas(NG) has 43, WTI(CL) has 38 etc the scrips tries to guess how many exist for it and sums them up, to have the total OI for tha day Number ofoutstanding contracts exported by quandl.com to tradingview is taken from s3.amazonaws.com There are 2 params you can enter on the script: * override the ticket symbol on the chart ,if script cannot guessit or you need a different one * enter the "preliminary" OI that is published by CME early the next day, butb not yet exported by quandl to tradingview This script is Open so anyone can copy and modifyit for its use. Please post comments and ideas if you find it useful I try to keep a log of my work here:
Pine Script® indicator
by giancapino
4
CME Bitcoin Weekend Gap (Global) @jerikooDescription: The Problem: You are watching the wrong hours. Many traders assume CME Bitcoin futures follow standard stock market hours or open Monday morning. This is incorrect. Stock Market: Opens Monday morning. CME Bitcoin: Opens Sunday Evening (US Time). If you are in Europe, this means the market actually opens at Midnight (00:00) Monday. If you are waiting for the "Monday Morning Open," you are late. The Solution: True Gap Detection This indicator highlights the exact downtime of the CME Bitcoin Futures market to help you identify true liquidity gaps. Why this script is different: Most gap scripts break when you change your chart's time zone (e.g., switching from UTC to New York). This script is Universal. Hardcoded Exchange Time: It calculates logic based on "America/Chicago" (CME HQ) time, regardless of your local chart settings. Manual Offset Fix: Some data feeds have a +/- 1 or 2-hour sync difference depending on the broker. This script includes a "Hour Shift" setting to manually align the box perfectly to your specific candles. How to use: Add to your chart. Look for the Dark Green highlighted zone. This zone represents the Weekend Gap (Friday Close to Sunday Open). Troubleshooting: If the box starts 1-2 hours too early or too late, go to Settings and change the "Hour Shift" value (e.g., -1, +1) until it snaps perfectly to the Friday close candle. Technical Details: CME Close: Friday 16:00 CT CME Open: Sunday 17:00 CT Color: Dark Green (50% Transparency) Step 3: Categories & Tags Select these options in the right-hand menu of the publishing page. Category: Trend Analysis OR Bitcoin Tags: CME Bitcoin BTC Gap Futures Weekend Step 4: Final Checklist Before Clicking "Publish" Load the Code: Make sure the "Manual Fix" version of the code (the last one I gave you) is currently open in the Pine Editor. Add to Chart: You must click "Add to Chart" so the script is visible on your screen before publishing. Privacy: Select Public (so others can search for it) or Private (if you only want to share the link). Visibility: Choose Open (so others can see the code) or Protected (if you want to hide the code, though Open is better for simple scripts like this).
Pine Script® indicator
by jerikoo
CME FX Futures Correlation MatrixThis indicator calculates the correlation between major CME FX futures and displays it in a visual table. It shows how closely pairs like EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, AUD/USD, and NZD/USD move together or in opposite directions. The indicator inherits the timeframe of the chart it’s applied to. Color coding: Red: strong correlation (absolute value > 80%), both positive and negative Green: moderate/low correlation How to launch it Apply the indicator to a CME chart (e.g., EUR/USD futures). Set Numbers of Bars Back to the desired lookback period (default 100). The table appears in the center of the chart, showing correlation percentages between all major FX futures.
Pine Script® indicator
by Marco_Sala
CME's BRL/USD to B3's USD/BRL ConversionThis indicator is made to calculate and show the spread between the currency pair USD-BRL being negotiatied in Brasil's B3 and in USA's CME Globex. The orange line "Arbitrage" is the spread. The red/green line is the "Stop Loss" recommended for the strategy. If the line is green, it means that the reward/tisk ratio is above 1. IMPORTANT: MAKE SURE TO BE USING THE SAME TIMEFRAME ON BOTH THE INDICATOR AND THE CHART. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------- "Este indicador é feito para calcular e mostrar o spread entre o par USD-BRL em negociação na B3 do Brasil e na CME Globex dos EUA. A linha laranja "Arbitragem" é a propagação. A linha vermelha / verde é o "Stop Loss" recomendado para a estratégia. Se a linha estiver verde, significa que a relação recompensa / risco está acima de 1. IMPORTANTE: CERTIFIQUE-SE DE USAR O MESMO PRAZO NO INDICADOR E NA TABELA."
Pine Script® indicator
by edersonmaiaa