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OPEN-SOURCE SCRIPT

Gap % Distribution Table (2% Bins)

175
Description

This indicator displays a Gap % Distribution Table categorized in 2% bins ranging from `< -20%` to `> +20%`. It calculates the gap between today’s open and the previous day’s close, and groups occurrences into defined bins. The table includes:

  • Gap range, count, and percentage for each bin
  • A total row summarizing all entries
  • Customizable appearance including:


  1. Font color, cell background fill (with transparency), and table border color
  2. Column headers and full outer border
  3. Date filtering using selectable start and end dates
  4. Position control for placing the table on the chart area


Ideal for analyzing the historical behavior of opening gaps for any instrument.

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

AMalayaliTrader
Also on:
analysisCandlestick analysiseducationalgapstatistics

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
analysisCandlestick analysiseducationalgapstatistics

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

AMalayaliTrader
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.