OPEN-SOURCE SCRIPT
Gap Zones Pro - Price Action Confluence Indicator with Alerts

█ OVERVIEW
Gap Zones Pro identifies and tracks price gaps - crucial areas where institutional interest and market imbalance create high-probability reaction zones. These gaps represent areas of strong initial buying/selling pressure that often act as magnets when price returns.
█ WHY GAPS MATTER IN TRADING
- Gaps reveal institutional footprints and areas of market imbalance
- When price returns to a gap, it often reaffirms the original directional bias
- Failed gap reactions can signal powerful reversals in the opposite direction
- Gaps provide excellent confluence when aligned with your trading narrative
- They act as natural support/resistance zones with clear risk/reward levels
█ KEY FEATURES
- Automatically detects and visualizes all gap zones on your chart
- Extends gaps to the right edge for easy monitoring
- Customizable number of gaps displayed (manage chart clarity)
- Minimum gap size filter to focus on significant gaps only
- Real-time alerts when price enters gap zones
- Color-coded visualization (green for gap ups, red for gap downs)
- Clean, professional appearance with adjustable transparency
█ HOW TO USE
1. Add to chart and adjust maximum gaps displayed based on your timeframe
2. Set minimum gap size % to filter out noise (0.5-1% recommended for stocks)
3. Watch for price approaching gap zones for potential reactions
4. Use gaps as confluence with other technical factors:
- Support/resistance levels
- Fibonacci retracements
- Supply/demand zones
- Trend lines and channels
5. Set alerts to notify you when price enters key gap zones
█ TRADING TIPS
- Gaps with strong contextual stories (earnings, news, breakouts) are most reliable
- Multiple gaps in the same area create stronger zones
- Unfilled gaps above price can act as resistance targets
- Unfilled gaps below price can act as support targets
- Watch for "gap and go" vs "gap fill" scenarios based on market context
█ SETTINGS
- Maximum Number of Gaps: Control how many historical gaps to display
- Minimum Gap Size %: Filter out insignificant gaps
- Colors: Customize gap up and gap down zone colors
- Transparency: Adjust visibility while maintaining chart readability
- Show Borders: Toggle gap zone borders on/off
- Alerts: Automatic notifications when price crosses gap boundaries
█ BEST TIMEFRAMES
Works on all timeframes but most effective on:
- Daily charts for swing trading
- 4H for intraday position trading
- 1H for day trading key levels
- Weekly for long-term investing
Remember: Gaps are most powerful when they align with your overall market thesis and other technical confluences. They should confirm your narrative, not define it.
---
Updates: Real-time gap detection | Alert system | Extended visualization | Performance optimized
Gap Zones Pro identifies and tracks price gaps - crucial areas where institutional interest and market imbalance create high-probability reaction zones. These gaps represent areas of strong initial buying/selling pressure that often act as magnets when price returns.
█ WHY GAPS MATTER IN TRADING
- Gaps reveal institutional footprints and areas of market imbalance
- When price returns to a gap, it often reaffirms the original directional bias
- Failed gap reactions can signal powerful reversals in the opposite direction
- Gaps provide excellent confluence when aligned with your trading narrative
- They act as natural support/resistance zones with clear risk/reward levels
█ KEY FEATURES
- Automatically detects and visualizes all gap zones on your chart
- Extends gaps to the right edge for easy monitoring
- Customizable number of gaps displayed (manage chart clarity)
- Minimum gap size filter to focus on significant gaps only
- Real-time alerts when price enters gap zones
- Color-coded visualization (green for gap ups, red for gap downs)
- Clean, professional appearance with adjustable transparency
█ HOW TO USE
1. Add to chart and adjust maximum gaps displayed based on your timeframe
2. Set minimum gap size % to filter out noise (0.5-1% recommended for stocks)
3. Watch for price approaching gap zones for potential reactions
4. Use gaps as confluence with other technical factors:
- Support/resistance levels
- Fibonacci retracements
- Supply/demand zones
- Trend lines and channels
5. Set alerts to notify you when price enters key gap zones
█ TRADING TIPS
- Gaps with strong contextual stories (earnings, news, breakouts) are most reliable
- Multiple gaps in the same area create stronger zones
- Unfilled gaps above price can act as resistance targets
- Unfilled gaps below price can act as support targets
- Watch for "gap and go" vs "gap fill" scenarios based on market context
█ SETTINGS
- Maximum Number of Gaps: Control how many historical gaps to display
- Minimum Gap Size %: Filter out insignificant gaps
- Colors: Customize gap up and gap down zone colors
- Transparency: Adjust visibility while maintaining chart readability
- Show Borders: Toggle gap zone borders on/off
- Alerts: Automatic notifications when price crosses gap boundaries
█ BEST TIMEFRAMES
Works on all timeframes but most effective on:
- Daily charts for swing trading
- 4H for intraday position trading
- 1H for day trading key levels
- Weekly for long-term investing
Remember: Gaps are most powerful when they align with your overall market thesis and other technical confluences. They should confirm your narrative, not define it.
---
Updates: Real-time gap detection | Alert system | Extended visualization | Performance optimized
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Join free public community -> t.me/+8pTm3rsAfP9lNDk9
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Join free public community -> t.me/+8pTm3rsAfP9lNDk9
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.