Small Gap Down after Red Candle with Red-Middle Volumetric Fill

3. Aug.

This indicator highlights moments when price “gaps down” after a red candle — a sign that traders may have quickly lost confidence. It draws a colored box to mark the gap and keeps extending it until the price comes back up and “fills” the gap. The color of each box reflects how much trading activity happened during the red candle (more volume = brighter color). You can choose to hide filled gaps, show helpful labels, or keep your chart clean with just the most relevant info.

Gaps tend to act as magnets and could potentially serve as take-profit levels

3. Aug.

Versionshinweise

updated defaults

4. Aug.

Versionshinweise

Added both directions, changed name