DIG Gap Finder

What is The Gap Finder Indicator? The Gap Finder is a very easy to use but extremely powerful indicator. It identifies gaps in the opening of the market, filtering according to user specifications, and then clearly marks the gaps on the chart. You will never miss a gap again. Remember that gaps almost always become strong support and resistance levels. How do I Use the Gap Finder Indicator? The Gap Finder indicator is based on three lines: the close of the previous day, the open of today, and a third optional line, the half-gap line. The indicator also presents information such as the prices of the lines and the size of the gap. Numerous stocks in the market such as AAPL are gapping stocks; AAPL loves to create gaps in the morning and almost always closes them down. We have designed this indicator for such stocks. Basically, when a gap is formed and its size is sufficiently substantial, we examine the first few bars of the day and enter a position against the direction of the gap. So,