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Would love some help with this study go what I'm trying to do. This simply plots a dashed line and cloud identifying the gap so when I go to the lower timeframes I can see it clearer. So the first thing i want to fix is that it appear on the previous candle but i want the gap to appear on the next candle. I've tried to displace it by one but not getting the result.
The second more complex piece is I would like to extend the high or ow of the gap forward until and only continue to plot it if the gap high or low have not been filled. I tired to add this code but didn't work. I guess i would need to something recursive?
def gapDown = if prevLow > curHigh then 1 else 0;
def gapUp = if curLow > prevHigh then 1 else 0;
plot gH = if gapUp then curLow else if gapDown then prevLow else double.nan;
plot gL = if gapUp then prevHigh else if gapDown then curHigh else double.nan;
gH.SetPaintingStrategy(PaintingStrategy.DASHES);
gH.AssignValueColor(if gapDown then Color.blue else Color.red);
gL.SetPaintingStrategy(PaintingStrategy.DASHES);
gL.AssignValueColor(if gapDown then Color.blue else Color.red);
gH.HideBubble();
gL.HideBubble();
AddCloud(gH, gL, Color.GRAY);
Can you help answer these questions from other members on NexusFi?
def secondsFromOpen = SecondsFromTime(marketOpenTime);
def secondsTillClose = SecondsTillTime(marketCloseTime);
def marketOpen = if secondsFromOpen >= 0 and secondsTillClose >= 0 then 1 else 0;
rec regularHoursOpen = if (secondsFromOpen >= 0 and secondsFromOpen[1] < 0) or
(GetDay() != GetDay()[1]) then open else regularHoursOpen[1];
def newDay = if GetDay() != GetDay()[1] then 1 else 0;
rec regHoursHigh = if newDay then high else if marketOpen then
if high > regHoursHigh[1] then high else regHoursHigh[1] else high;
rec regHoursLow = if newDay then low else if marketOpen then
if low < regHoursLow[1] then low else regHoursLow[1] else low;
def yc = if marketOpen then yesterdaysClose else Double.NaN;
def o = if marketOpen then regularHoursOpen else Double.NaN;
def hg = o + (yc - o) / 2;
def gapUp = if yc < o then 1 else 0;
def gapDown = if yc > o then 1 else 0;
def gapRemaining = if gapUp then
Max(regHoursLow - yc, 0) else
if gapDown then Max(yc - regHoursHigh, 0) else 0;
def percentRemaining = 100 * gapRemaining / AbsValue(yc - o);
def gapFilled = if percentRemaining == 0 then 1 else 0;
def halfGapFilled = if percentRemaining <= 50 then 1 else 0;
plot gH = if (gapUp and !gapFilled and marketOpen and !newDay[-1])
then regHoursLow else if (gapDown and !gapFilled and marketOpen and !newDay[-1])
then yc else Double.NaN;
plot gL = if (gapUp and !gapFilled and marketOpen and !newDay[-1])
then yc else if (gapDown and !gapFilled and marketOpen and !newDay[-1])
then regHoursHigh else Double.NaN;
plot hGF = if !gapFilled and !halfGapFilled and marketOpen and !newDay[-1]
then hg else Double.NaN;
gH.SetPaintingStrategy(PaintingStrategy.DASHES);
gH.AssignValueColor(if gapDown then Color.DARK_RED else Color.DARK_GREEN);
gL.SetPaintingStrategy(PaintingStrategy.DASHES);
gL.AssignValueColor(if gapDown then Color.DARK_RED else Color.DARK_GREEN);
hGF.SetStyle(Curve.LONG_DASH);
hGF.SetDefaultColor(Color.DARK_GRAY);
gH.HideBubble();
gL.HideBubble();
hGF.HideBubble();
AddCloud(gH, gL, Color.VIOLET, Color.VIOLET);
AddLabel(yes, Concat(percentRemaining, " % Gap Remaining" ),if percentRemaining > 0 then Color.green else Color.Red);
