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.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。