gap fill size extensions
projects percentage-based price targets above and below the session close for price movement after the gap.
information
gap fill size extensions|edgeful.com
what it does
this indicator captures the session closing price and projects extension levels above and below it based on customizable percentages. three lines are drawn: the session end price, a high extension, and a low extension, all extending forward into the next session.
the extension levels help traders identify potential price targets based on percentage moves from the session close. this is useful for planning trades in the following session based on where the previous session ended.
key features
session end price line with forward extension
separate configurable top and bottom extension percentages
lines extend from session close into next session
automatic cleanup of historical lines based on lookback
custom timezone and session time support
explainer chart
gap fill size extensions|edgeful.com
