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(EFS) Current and Unfilled Daily Gaps (Emini) PRO

22. May 2011
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eSignal Study: The Emini (like many markets) often will retrace to the previous day's close in any given day.  When the market opens, this price difference is considered the "gap".  Sometimes this "gap" is not filled.  In future trading sessions, if the market reaches an unfilled gap, there is a high chance that support or resistance will be found there.  Thus, it is extremely important as a day trader to be aware of these levels! 

This script monitors the last 6 months of unfilled gaps on the S&P Emini (ES) and outputs the levels on the chart.  This script uses the 4:00pm EST close (rather than the 4:15 pm EST close) as this is the close of the actual S&P index and most other vehicles, such as the SPY, etc.

Line colors, thickness, and style are all customizable!

IMPORTANT: This script requires the neoLibrary.efsLib.  You can download it here (free). 


  
 

Study, Pro, Sup/Res Levels