Satish Goyani 10Min Gap/Move Strategy
This indicator identifies high-momentum opening moves on the 10-minute timeframe based on the previous day's close.
### How it Works:
1. **Timeframe:** Optimized specifically for the **10-minute (10m)** chart.
2. **Condition:** It calculates the percentage difference between the **Previous Day's Close** and the **First 10-minute candle's close** of the current day.
3. **Target:** If the absolute price movement meets or exceeds the user-defined percentage (Default: **2.0%**), it triggers a signal.
4. **Visuals:**
- Highlights the qualifying first 10-minute candle in **Gold** color.
- Plots a **Gold Arrow** below the candle for quick visual identification.
### Inputs:
* **Target Percentage (%)**: Adjustable threshold for the minimum price move required (Default is 2.0%).
*Note: This script is intended for educational and analytical purposes on 10-minute intraday charts.*
### How it Works:
1. **Timeframe:** Optimized specifically for the **10-minute (10m)** chart.
2. **Condition:** It calculates the percentage difference between the **Previous Day's Close** and the **First 10-minute candle's close** of the current day.
3. **Target:** If the absolute price movement meets or exceeds the user-defined percentage (Default: **2.0%**), it triggers a signal.
4. **Visuals:**
- Highlights the qualifying first 10-minute candle in **Gold** color.
- Plots a **Gold Arrow** below the candle for quick visual identification.
### Inputs:
* **Target Percentage (%)**: Adjustable threshold for the minimum price move required (Default is 2.0%).
*Note: This script is intended for educational and analytical purposes on 10-minute intraday charts.*
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.