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igood1
Posted : Wednesday, October 20, 2010 11:36:04 AM
Registered User
Joined: 10/7/2004
Posts: 6
How do I find Gaps down that occur at the opening of the day.  For instance I want to see what Gaps down in the first 5 minutes.
Bruce_L
Posted : Thursday, October 21, 2010 12:01:40 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
How are you defining Gap Down? Previous Close to current Open, previous Close to current High, previous Low to current Open, previous Low to current High or something else entirely?

Are you interested in the Gap Down for the current Bar versus the previous Bar or the current Bar versus the previous Day (I'm assuming you don't want the current Day versus the previous Day since you are asking about the first 5 minutes of the day)?

Do you need the Condition to work on a Daily Chart, a 5-Minute Chart, both or any time frame? If you want it to work on any Time Frame, do you want the Condition to always be based on a 5-Minute Chart or the Active Time Frame of the Chart?

-Bruce
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