Today I’ve released updated versions of the All-In-One Gap Scan and the % and $ Gap Columns.
The improvements to the columns were just to fix a small error I found. But for the scan, several big improvements have been implemented …
Choose both min/max gap % size
Choose both min/max gap $ size
Choose whether you only want to scan for gaps that haven’t filled yet
Choose whether the gap needs to be “significant” — i.e., gapping above the prior high, or below the prior low (completely outside the range of the prior day’s candle)
Choose whether the gap needs to be a “pro” or “tier 1” or “shock” gap — i.e., gapping over a prior day red candle, or gapping under a prior day green candle, adding “shock value” to the gap
This single all-in-one scan works during the extended hours / premarket / aftermarket, and continues working as the regular trading hours begin, so you only need to use one scan all day long.
The other change is that the $ and % values are now all calculated from the prior close instead of the high/low, just for consistency, and whether the gap is over/under the prior day’s candle is specified as a separate criterion in settings, which can be turned on/off at will. This will help keep things consistent and logical no matter what type of trading you do.
To check out all my indicators, visit http://easycators.com/product/key-reversal-time-vertical-lines-indicator/
The JR_Timelines indicator for ThinkOrSwim allows you to highlight specific times during the trading day that may be important, such as key reversal times, or lunch time when the big boys leave the scene and volume decreases, etc.
This script lets you add a vertical line, time level, time zone, or time line to your chart.
Download the indicator here: http://easycators.com/product/key-reversal-time-vertical-lines-indicator/
This indicator allows you to place reminders at specific times during the trading day by automatically drawing a vertical time level or line at a specified time. It can also notify you of key reversal times that you’re watching, daily margin call times, opens and closes.
Have a specific strategy you only want to trade before 11:00 a.m.? Put a reminder in your chart to stop trading it after 11:00. In addition to custom times, each time can have a custom label attached, as well as custom line weight, style, and color.
Find out more here: http://easycators.com/product/key-reversal-time-vertical-lines-indicator/
Josiah is a stock & crypto trader, ThinkScript programmer, real estate investor, and budding mountaineer. He's also rumored to be an in-shower opera singer. Josiah started Easycators in 2015 and lives with his family in Nashville, TN. Twitter | YouTube
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