Gap Fill TrackerGap Fill Tracker
The Gap Fill Tracker is an overlay indicator that automatically detects, tracks, and measures the fill rate of price gaps — defined as the difference between the previous candle's close and the current candle's open. It counts a gap as filled when price reaches the 50% midpoint of the gap range, and provides a live statistics panel including total gaps detected, fill rate percentage, open gaps, and the average time gaps take to fill expressed in human-readable time units adapted to the current chart timeframe.
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WHAT IS A GAP?
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A gap occurs when a candle opens at a different price than the previous candle's close, leaving an unfilled zone on the chart. Bullish gaps open above the prior close. Bearish gaps open below the prior close. Gaps can occur on any timeframe and any instrument, and they represent price imbalances — zones where no trading occurred, which the market tends to revisit.
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FILL CONDITION
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A gap is considered filled when price touches the 50% midpoint of the gap range — not necessarily the full extent. This is a more conservative and statistically accurate measure than requiring a full gap fill, as it captures the point at which the market has revisited the center of the imbalance. The midpoint is marked on the chart as a dashed line through the middle of each open gap zone.
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COMPONENTS
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1. Gap Zones (boxes)
Each detected gap is visualized as a colored rectangle spanning from the gap's lower boundary to its upper boundary, starting at the bar where the gap occurred and extending to the right. Bullish gaps are displayed in teal. Bearish gaps are displayed in pink. Zones disappear silently when the fill condition is met — no confirmation markers are left on the chart, keeping it clean.
2. Midpoint Line (dashed)
A dashed horizontal line runs through the center of each open gap zone, marking the exact price level that constitutes a fill. This is the target level the indicator monitors.
3. Gap Labels
Small labels mark the bar where each gap was detected, indicating direction (GAP ↑ for bullish, GAP ↓ for bearish).
4. Statistics Table (top right)
A compact panel displays four key metrics updated in real time:
- Detected: total number of gaps found in the chart's history
- Filled: number of gaps that reached the 50% midpoint, with fill rate percentage
- Open: number of gaps still unfilled, with open rate percentage
- Avg fill time: average time gaps take to reach the 50% midpoint, expressed automatically in minutes, hours, days, or weeks depending on the chart timeframe
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SETTINGS
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• Minimum gap (%): The minimum size of a gap expressed as a percentage of the prior close, to filter out micro-gaps caused by spread or rounding. Default is 0.5%. Lower values detect more gaps; higher values focus only on significant gaps.
• Max open gaps visible: Controls how many of the most recent unfilled gaps are displayed on the chart. Older open gaps continue to count in the statistics but are hidden visually to keep the chart readable. Default is 10.
• Show open zones: Toggle the visual display of open gap zones on or off. Statistics continue to update regardless.
• Bull/Bear gap colors: Customize the colors for bullish and bearish gap zones independently.
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HOW TO INTERPRET IT
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FILL RATE
The fill rate shown in the statistics panel tells you what percentage of historical gaps on this instrument and timeframe have been filled. A fill rate above 95% confirms that gap fills are a near-certain statistical event for this market. A lower fill rate suggests that the instrument or timeframe has structural tendencies that prevent consistent gap fills — for example, strongly trending markets on higher timeframes.
OPEN GAPS
Each visible zone on the chart represents an active price target — a level where the market has a strong statistical tendency to return. The more open gaps accumulated above or below current price, the stronger the magnetic pull toward those levels.
MIDPOINT LINE
The dashed line through each zone is the exact fill target. Price touching this level — even with a wick — constitutes a fill and removes the zone from the chart.
AVERAGE FILL TIME
This is the most operationally useful metric. It tells you how long gaps on this instrument and timeframe typically take to fill, expressed in real time units. If the average fill time on a 4-hour chart is 1.1 weeks, that means most gaps are filled within approximately 1 to 2 weeks of forming. This information can be used to time entries — rather than entering immediately after a gap forms, waiting until price approaches the average fill window increases the probability of catching the fill move at the right moment.
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HOW TO USE IT
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1. CHECK THE FILL RATE FIRST
Load the indicator on your instrument and timeframe of choice. Check the fill rate in the statistics panel. If it is above 95%, gap fills are a reliable statistical edge on that market. If it is significantly lower, adjust the minimum gap size or consider a different timeframe.
2. IDENTIFY OPEN GAPS AS PRICE TARGETS
The visible zones on the chart are active price targets. Open gaps above current price are upside targets. Open gaps below current price are downside targets. The midpoint line is the specific price level to watch.
3. USE THE AVERAGE FILL TIME FOR ENTRY TIMING
Note the average fill time displayed in the table. After a gap forms, use this as a reference for when to start looking for an entry toward the fill. If the average fill time is 1 week on a daily chart, the highest probability entry window is typically in the days surrounding that average, not immediately after the gap opens.
4. MANAGE THE TRADE
The target is the midpoint of the gap. Once price touches the midpoint, the zone disappears automatically. Position sizing, stop placement, and exit management are left to the trader's discretion and should be based on their own risk framework.
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NOTES
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• Works on any instrument and any timeframe. Fill rates and average fill times vary by market and timeframe — always verify the statistics panel before trading.
• The average fill time automatically adapts to the chart's timeframe: it displays in minutes on intraday charts, hours on hourly charts, days on daily charts, and weeks on weekly charts.
• Filled gaps disappear silently without leaving markers on the chart, ensuring a clean visual at all times.
• The statistics counter covers the full available chart history, not just the visible bars on screen.
• For instruments that trade 24/5 (forex) or 24/7 (crypto), the average fill time reflects calendar time based on bar count times timeframe minutes. For instruments with trading sessions (equities, futures), the actual calendar time will be longer since no bars are generated outside market hours. Indicator
Momentum Shift [Bigbeluga]
This indicator identifies momentum shifts using a smoothed momentum calculation. It plots dynamic shift zones consisting of five levels that expand or contract based on price action. When momentum rises, the indicator creates an upward shift zone, and when momentum falls, it generates a downward shift zone. The shift zones dynamically react to price, stopping extension when a level is crossed.
🔵Key Features:
Smoothed Momentum Calculation:
➣ Utilizes a Hull Moving Average (HMA) to smooth momentum and reduce noise.
➣ Identifies momentum shifts with crossovers between the current momentum value and its previous state.
➣ Uses a gradient color scheme to highlight momentum strength.
Dynamic Shift Zones:
➣ When momentum rises, the indicator plots an upper shift zone with five incremental levels.
➣ When momentum falls, a lower shift zone is formed with five descending levels.
➣ Each level within the shift zone represents a progressively stronger momentum shift.
Level Extension Control:
➣ Shift zones stop extending once a level is crossed by price.
➣ Levels closer to price act as key momentum resistance or support zones.
➣ If price retraces after a shift, the remaining levels stay intact for further reference.
Momentum Direction Indications:
➣ Labels (▲ and ▼) appear at momentum shift points to indicate rising or falling momentum.
🔵Usage:
Momentum-Based Entries: Identify momentum shifts early by using shift zones as confirmation for trade entries.
Trend Continuation & Exhaustion: Observe which shift levels price respects—if momentum shift zones hold, the trend may continue; if they break, momentum may reverse.
Dynamic Support & Resistance: Use the five-level shift zones as temporary support and resistance areas that adapt to momentum shifts.
Momentum Strength Analysis: If price moves through multiple shift levels in one direction, it signals strong momentum in that direction.
Momentum Shift is a powerful tool for traders looking to analyze momentum shifts with structured visual zones. By combining smoothed momentum calculations with dynamic shift zones, this indicator provides a clear view of market momentum and helps traders navigate price action effectively. Indicator
AE - ATR Exhaustion ChannelAE - ATR Exhaustion Channel
📈 Overview
Identify Exhaustion Zones & Trend Breakouts with ATR Precision!
The AE - ATR Exhaustion Channel is a powerful volatility-based trading tool that combines an averaged SMA with ATR bands to dynamically highlight potential trend exhaustion zones. It provides real-time breakout detection by marking when price moves beyond key volatility bands, helping traders spot overextensions and reversals with ease.
🔑 Key Features
✔️ ATR-SMA Hybrid Channel: Uses an averaged SMA as the core trend filter while incorporating adaptive ATR-based bands for precise volatility tracking.
✔️ Dynamic Exhaustion Markers: Marks red crosses when price exceeds the upper band and green crosses when price drops below the lower band.
✔️ Customizable ATR Sensitivity: Adjust the ATR multiplier and length settings to fine-tune band sensitivity based on market conditions.
✔️ Clear Channel Visualization: A gray SMA midpoint and a blue-filled ATR band zone make it easy to track market structure.
📚 How It Works
1️⃣ Averaged SMA Calculation: The script calculates an averaged SMA over a user-defined range (min/max period). This smooths out short-term fluctuations while preserving trend direction.
2️⃣ ATR Band Construction: The ATR value (adjusted by a multiplier) is added to/subtracted from the SMA to form dynamic upper and lower volatility bands.
3️⃣ Exhaustion Detection:
If high > upper ATR band, a red cross is plotted (potential overextension).
If low < lower ATR band, a green cross is plotted (potential reversal zone).
4️⃣ Filled ATR Channel: The area between the upper and lower bands is shaded blue, providing a visual trading range.
🎨 Customization & Settings
⚙️ ATR Length – Adjusts the ATR calculation period (default: 14).
⚙️ ATR Multiplier – Scales the ATR bands for tighter or wider volatility tracking (default: 0.8, adjustable in 0.1 steps).
⚙️ SMA Range (Min/Max Length) – Defines the period range for calculating the averaged SMA (default: 5-20).
⚙️ Rolling Lookback Length – Controls how far back the high/low comparison is calculated (default: 50 bars).
🚀 Practical Usage
📌 Spotting Exhaustion Zones – Look for red/green markers appearing outside the ATR bands, signaling potential trend exhaustion and possible reversal opportunities.
📌 Breakout Confirmation – Price consistently breaching the upper band with momentum could indicate continuation, while repeated touches without strong closes may hint at reversal zones.
📌 Trend Reversal Signals – Watch for green markers below the lower band in uptrends (buy signals) and red markers above the upper band in downtrends (sell signals).
🔔 Alerts & Notifications
📢 Set Alerts for Exhaustion Signals!
Traders can configure alerts to trigger when price breaches the ATR bands, allowing for instant notifications when volatility-based exhaustion is detected.
📊 Example Scenarios
✔ Trend Exhaustion in Overextended Moves – A series of red crosses near resistance may indicate a short opportunity.
✔ Trend Exhaustion in Overextended Moves – A series of red crosses near resistance may indicate an opportunity to open a short trade.
✔ Volatility Compression Breakouts – If price consolidates within the ATR bands and suddenly breaks out, it could signify a momentum shift.
✔ Reversal Catching in Trending Markets – Spot potential trend reversals by looking for green markers below the ATR bands in bullish markets.
🌟 Why Choose AE - ATR Exhaustion Channel?
Trade with Confidence. Spot Volatility. Catch Breakouts.
The AE - ATR Exhaustion Channel is an essential tool for traders looking to identify trend exhaustion, detect breakouts, and manage volatility effectively. Whether you're trading stocks, crypto, or forex, this ATR-SMA hybrid system provides clear visual cues to help you stay ahead of market moves.
✅ Customizable to Fit Any Market
✅ Combines Volatility & Trend Analysis
✅ Easy-to-Use with Instant Breakout Detection Indicator
Dynamic Deviation Levels [BigBeluga]Dynamic Deviation Levels is an innovative indicator designed to analyze price deviations relative to a smoothed midline. It provides traders with visual cues for overbought/oversold zones, price momentum, levels through labeled deviations and gradient candle coloring.
🔵Key Features:
Smoothed Midline:
A central line calculated as a smoothed median of the price source, serving as the baseline for price deviation analysis.
Dynamic Deviation Levels:
- Three deviation levels are plotted above and below the midline, with labels (1, 2, 3, -1, -2, -3) marking significant price movements.
- Helps traders identify overbought and oversold market conditions.
Heat-Colored Candles:
- Candle colors shift in intensity based on the deviation level, with four gradient shades for both upward and downward movements.
- Quickly highlights market extremes or stable zones.
Interactive Color Scale:
- A gradient scale at the bottom right of the chart visually represents deviation values.
- A triangle marker indicates the current price deviation in real time.
Optional Deviation Levels Display:
- Traders can enable all dynamic levels on the chart to visualize support and resistance areas dynamically.
🔵Usage and Benefits:
Identify Overbought/Oversold Zones: Use labeled deviation levels and heat-colored candles to spot stretched market conditions.
Track Trend Reversals and Momentum: Monitor price interactions with deviation levels for potential trend continuation or reversal signals.
Real-Time Deviation Insights: Leverage the color scale and triangle marker for live deviation tracking and actionable insights.
Map Dynamic Support and Resistance: Enable dynamic levels to highlight key areas where price reactions are likely to occur.
Dynamic Deviation Levels is an indispensable tool for traders aiming to combine price dynamics, momentum analysis, and visual clarity in their trading strategies. Indicator
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