Climax setup looking for a reversal the next day after a gap, this works best if the signal is triggered after a prolonged move in one direction. Enter the position at the close of the day when you get a signal and exit for a loss the next day if not profitable, otherwise, trail a stop to lock profits.
Only for Bitcoin!
This indicator locates weekly gaps created by the CME Futures market for Bitcoin.
As you can see, Bitcoin tends to close the weekly gaps created in the futures market so I thought this could be a very useful tool.
Instead of having to look between multiple charts, this simply overlays the past weeks open and close should a gap appear.
This master indicator is a collection of multiple useful indicators, which only requires one indicator slot in TradingView.
In this collection you will find the following 15 indicators:
Bollinger Bands (three different types: Fibonacci, Standard, Improved)
Large Candles Checker
SPY Checker Lite
Volume Checker Pro
Moving Averages (up to two...
Using this indicator allows you to indentify large GAPS directly in your stock chart at first glance.
It uses two different sorts for large GAPS (e.g. larger than 5%) and for very large GAPS (e.g. larger than 10%). These values can be changed in the indicator settings.
Hope this helps many of you to be more efficient in your chart analysis - have fun!
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