
Daily Gap Fill indicator
1. Overview On most days we see the market gapping up or down. A gap occurs when the market opens above or below the previous day's close. When this happens the market always has a tendency to close this gap. Most but not all of these gaps are filled within 1 trading session. Some though might take days, weeks, or months before they get filled. But in the end.. they always get filled. That is why many smart traders know about unfilled gaps and take advantage of the high probability that the market will fill an unfilled gap A trader which knows where the next unfilled gaps are has a clear advantage in the market. Since probability tells us that the market will always try to close the gap whenever possible we can set up a clear trading plan if the market is within range of the next gap. 2. Plots all unfilled (and optionally filled) gaps The Unfilled Gap Indicator shows all unfilled (and optionally filled) gaps. It allows you to never miss a gap that was created days or weeks ago. Un