OPEN-SOURCE SCRIPT
{SCA} | Weekend Gap Indicator

🟠 WHAT IT DOES
Crypto trades through the weekend, but price still drifts away from
where it closed on Friday — and it tends to come back. This tool marks
that weekend gap on any coin, shows the level price tends to return to,
and tracks whether the gap fills.
🟠 WHAT MAKES IT DIFFERENT
- Weekend-only fill. The gap is shaded across the weekend itself and
stops there, so the chart stays clean — no zones stretching across
the whole week.
- A dashed fill line. The Friday close is marked with a dashed line,
the level the gap has to return to. It runs forward until price fills
it, so the target is always in view.
- A live fill-rate counter. On whatever chart you load, the tool tallies
how many weekend gaps have formed and how many filled — so you can
check the tendency yourself instead of taking anyone's word for it.
🟠 WHAT YOU SEE
- A shaded weekend gap, coloured by direction, fading with its size.
- A dashed line at the Friday close, labelled with the gap size in
percent, that updates to "filled" once price returns.
- A small fill-rate table in the corner (gaps counted / gaps filled).
🟠 SETTINGS THAT MATTER
- Week timezone — defines where Friday and Monday fall (UTC is the
crypto convention).
- Colours and fill opacity — set the look to taste.
Everything else is cosmetic.
🟠 ALERTS
- New weekend gap — fires when a fresh gap forms.
- Gap filled — fires when price returns to the Friday close.
Tip: enable Play sound in the alert's Notifications tab for an audible alert.
🟠 HOW TO USE IT
Weekend gaps tend to fill, so the dashed line gives you a high-probability
target and a directional bias. It does not tell you when, or that the path
there is clean — use it to lean, not to bet the account, and apply your own
risk management.
This indicator is a tool for analysis and education. It is not financial
advice and does not predict price. Past tendencies do not guarantee future
results.
Swallow Academy
Crypto trades through the weekend, but price still drifts away from
where it closed on Friday — and it tends to come back. This tool marks
that weekend gap on any coin, shows the level price tends to return to,
and tracks whether the gap fills.
🟠 WHAT MAKES IT DIFFERENT
- Weekend-only fill. The gap is shaded across the weekend itself and
stops there, so the chart stays clean — no zones stretching across
the whole week.
- A dashed fill line. The Friday close is marked with a dashed line,
the level the gap has to return to. It runs forward until price fills
it, so the target is always in view.
- A live fill-rate counter. On whatever chart you load, the tool tallies
how many weekend gaps have formed and how many filled — so you can
check the tendency yourself instead of taking anyone's word for it.
🟠 WHAT YOU SEE
- A shaded weekend gap, coloured by direction, fading with its size.
- A dashed line at the Friday close, labelled with the gap size in
percent, that updates to "filled" once price returns.
- A small fill-rate table in the corner (gaps counted / gaps filled).
🟠 SETTINGS THAT MATTER
- Week timezone — defines where Friday and Monday fall (UTC is the
crypto convention).
- Colours and fill opacity — set the look to taste.
Everything else is cosmetic.
🟠 ALERTS
- New weekend gap — fires when a fresh gap forms.
- Gap filled — fires when price returns to the Friday close.
Tip: enable Play sound in the alert's Notifications tab for an audible alert.
🟠 HOW TO USE IT
Weekend gaps tend to fill, so the dashed line gives you a high-probability
target and a directional bias. It does not tell you when, or that the path
there is clean — use it to lean, not to bet the account, and apply your own
risk management.
This indicator is a tool for analysis and education. It is not financial
advice and does not predict price. Past tendencies do not guarantee future
results.
Swallow Academy
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
💎 Telegram:
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
💎 Telegram:
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.