|
Show Gap Lines?
This parameter allows you to control the display of Gap lines on the chart. This parameter has three settings available:
| • | None: Select this setting to prevent Gap lines from being displayed on the chart. |
| • | Active Only: Select this setting to display only those Gap lines that have not yet been breached. Important: A Gap line is breached if price closes on the other side of the line (so a High or a Low that crosses a Gap line is NOT considered a breach). This allows you to focus on only those Gap lines that are still likely to be strong areas of support and/or resistance. |
| • | All: Display all Gap lines. Any Gap lines that are Active will have a small square displayed at the very end of the Gap line. This will make it easier for you to differentiate between those Gap lines that have already been breached and those that have not yet been breached. |
Gap lines are always displayed on the chart in pairs. For example, in a Gap Up situation (e.g., the current bar's Low is higher than the prior bar's High), a Gap line will be drawn at the current bar's Low price AND at the prior bar's High price. In a Gap Down situation (e.g., the current bar's High is lower than the prior bar's Low), a Gap line will be drawn at the current bar's High price AND at the prior bar's Low price.
Gap Line Thickness
SR/Gap Proximity (ATRs)
Color - Gap Down
Color - Gap Up
Overview of Terminology
|