OPEN-SOURCE SCRIPT
CME Bitcoin Weekend Gap (Global) @jerikoo
Description:
The Problem: You are watching the wrong hours. Many traders assume CME Bitcoin futures follow standard stock market hours or open Monday morning. This is incorrect.
Stock Market: Opens Monday morning.
CME Bitcoin: Opens Sunday Evening (US Time).
If you are in Europe, this means the market actually opens at Midnight (00:00) Monday. If you are waiting for the "Monday Morning Open," you are late.
The Solution: True Gap Detection This indicator highlights the exact downtime of the CME Bitcoin Futures market to help you identify true liquidity gaps.
Why this script is different: Most gap scripts break when you change your chart's time zone (e.g., switching from UTC to New York). This script is Universal.
Hardcoded Exchange Time: It calculates logic based on "America/Chicago" (CME HQ) time, regardless of your local chart settings.
Manual Offset Fix: Some data feeds have a +/- 1 or 2-hour sync difference depending on the broker. This script includes a "Hour Shift" setting to manually align the box perfectly to your specific candles.
How to use:
Add to your chart.
Look for the Dark Green highlighted zone.
This zone represents the Weekend Gap (Friday Close to Sunday Open).
Troubleshooting: If the box starts 1-2 hours too early or too late, go to Settings and change the "Hour Shift" value (e.g., -1, +1) until it snaps perfectly to the Friday close candle.
Technical Details:
CME Close: Friday 16:00 CT
CME Open: Sunday 17:00 CT
Color: Dark Green (50% Transparency)
Step 3: Categories & Tags
Select these options in the right-hand menu of the publishing page.
Category: Trend Analysis OR Bitcoin
Tags: CME Bitcoin BTC Gap Futures Weekend
Step 4: Final Checklist Before Clicking "Publish"
Load the Code: Make sure the "Manual Fix" version of the code (the last one I gave you) is currently open in the Pine Editor.
Add to Chart: You must click "Add to Chart" so the script is visible on your screen before publishing.
Privacy: Select Public (so others can search for it) or Private (if you only want to share the link).
Visibility: Choose Open (so others can see the code) or Protected (if you want to hide the code, though Open is better for simple scripts like this).
The Problem: You are watching the wrong hours. Many traders assume CME Bitcoin futures follow standard stock market hours or open Monday morning. This is incorrect.
Stock Market: Opens Monday morning.
CME Bitcoin: Opens Sunday Evening (US Time).
If you are in Europe, this means the market actually opens at Midnight (00:00) Monday. If you are waiting for the "Monday Morning Open," you are late.
The Solution: True Gap Detection This indicator highlights the exact downtime of the CME Bitcoin Futures market to help you identify true liquidity gaps.
Why this script is different: Most gap scripts break when you change your chart's time zone (e.g., switching from UTC to New York). This script is Universal.
Hardcoded Exchange Time: It calculates logic based on "America/Chicago" (CME HQ) time, regardless of your local chart settings.
Manual Offset Fix: Some data feeds have a +/- 1 or 2-hour sync difference depending on the broker. This script includes a "Hour Shift" setting to manually align the box perfectly to your specific candles.
How to use:
Add to your chart.
Look for the Dark Green highlighted zone.
This zone represents the Weekend Gap (Friday Close to Sunday Open).
Troubleshooting: If the box starts 1-2 hours too early or too late, go to Settings and change the "Hour Shift" value (e.g., -1, +1) until it snaps perfectly to the Friday close candle.
Technical Details:
CME Close: Friday 16:00 CT
CME Open: Sunday 17:00 CT
Color: Dark Green (50% Transparency)
Step 3: Categories & Tags
Select these options in the right-hand menu of the publishing page.
Category: Trend Analysis OR Bitcoin
Tags: CME Bitcoin BTC Gap Futures Weekend
Step 4: Final Checklist Before Clicking "Publish"
Load the Code: Make sure the "Manual Fix" version of the code (the last one I gave you) is currently open in the Pine Editor.
Add to Chart: You must click "Add to Chart" so the script is visible on your screen before publishing.
Privacy: Select Public (so others can search for it) or Private (if you only want to share the link).
Visibility: Choose Open (so others can see the code) or Protected (if you want to hide the code, though Open is better for simple scripts like this).
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.