OPEN-SOURCE SCRIPT
Label GAP Open %
Functional Description:
The "GAP % open label" indicator is designed to calculate and instantly display the percentage gap at which an asset opens for the current session. Unlike standard indicators that track real-time price changes, this tool specifically anchors its calculation between today's opening price and the previous regular session's closing price (4:00 PM EST). This provides a static, precise data point that serves as a reliable psychological reference throughout the entire trading day.
Strategic Utility:
This tool is particularly valuable for traders focusing on high-volatility US equities, such as tech stocks or crypto-related assets. By displaying the opening gap directly on the chart with a clean, minimalist design, it allows for quick identification of the market's initial bias. It supports decision-making for "gap and go" strategies or for spotting potential mean-reversion opportunities when the price attempts to fill the opening gap, helping traders manage risk near key institutional liquidity levels.
The "GAP % open label" indicator is designed to calculate and instantly display the percentage gap at which an asset opens for the current session. Unlike standard indicators that track real-time price changes, this tool specifically anchors its calculation between today's opening price and the previous regular session's closing price (4:00 PM EST). This provides a static, precise data point that serves as a reliable psychological reference throughout the entire trading day.
Strategic Utility:
This tool is particularly valuable for traders focusing on high-volatility US equities, such as tech stocks or crypto-related assets. By displaying the opening gap directly on the chart with a clean, minimalist design, it allows for quick identification of the market's initial bias. It supports decision-making for "gap and go" strategies or for spotting potential mean-reversion opportunities when the price attempts to fill the opening gap, helping traders manage risk near key institutional liquidity levels.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。