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.*
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.