Gap & Crap Detector V1

Gap & Crap Detector (5% Gap Detector + % Labels)
This indicator automatically detects stocks that gap up ≥ 5% (adjustable) from the previous day’s close and tracks whether the move holds or fails over the next three candles.
🔍 How It Works
Yellow % Label → Appears on every candle that gaps up ≥ 5%, showing the exact percentage gap.
Gap & Go (Green Label) → Triggers when the next 3 candles close above the gap-day low, signaling momentum continuation.
Gap & Crap (Red Label) → Triggers immediately if any of the next 3 candles close below the gap-day low, signaling momentum failure.
⚙️ Inputs & Customization
Gap % Threshold – Default 5% (adjustable)
Label Size – Tiny / Small / Normal / Large / Huge
Opacity Controls – Independently set transparency for yellow, red, and green labels
Gap & Go Offset – Adjust how high above the candle the green label appears
🧠 Usage
Use this tool to identify breakout gaps and verify whether price action confirms (Gap & Go) or fails (Gap & Crap).
Ideal for momentum traders, swing traders, Ovtlyr Plan M, and gap strategy backtesting.
This indicator automatically detects stocks that gap up ≥ 5% (adjustable) from the previous day’s close and tracks whether the move holds or fails over the next three candles.
🔍 How It Works
Yellow % Label → Appears on every candle that gaps up ≥ 5%, showing the exact percentage gap.
Gap & Go (Green Label) → Triggers when the next 3 candles close above the gap-day low, signaling momentum continuation.
Gap & Crap (Red Label) → Triggers immediately if any of the next 3 candles close below the gap-day low, signaling momentum failure.
⚙️ Inputs & Customization
Gap % Threshold – Default 5% (adjustable)
Label Size – Tiny / Small / Normal / Large / Huge
Opacity Controls – Independently set transparency for yellow, red, and green labels
Gap & Go Offset – Adjust how high above the candle the green label appears
🧠 Usage
Use this tool to identify breakout gaps and verify whether price action confirms (Gap & Go) or fails (Gap & Crap).
Ideal for momentum traders, swing traders, Ovtlyr Plan M, and gap strategy backtesting.
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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。