This indicator, called "colorbox", is designed to identify and visualize bullish and bearish gaps on the chart through 3 successif candle . The indicator also calculates stop loss and take profit levels in percentage for these gaps and changes the rectangle color based on whether the stop loss or take profit level is reached if the entry point is on the 3 rd candle that create the gap
. Here is a summary of the indicator's functionality: Counts a specified number of bars (default is 1000) to identify gaps. Identifies bullish gaps where the low of the current bar is higher than the high of the second previous bar. Identifies bearish gaps where the high of the current bar is lower than the low of the second previous bar. Creates rectangles to visualize the bullish and bearish gaps on the chart. Sets custom colors for the bullish and bearish gap rectangles. Sets custom point thresholds and minimum rectangle areas for deleting rectangles. Calculates and sets stop loss and take profit levels in points for the identified gaps. Changes the rectangle color when the stop loss or take profit level is reached. Deletes all rectangles from the chart when the indicator is initialized or deinitialized. To have this indicator translated into a TradingView indicator, provide the following specifications to a freelance developer: Identify bullish and bearish gaps. Create rectangles to visualize gaps on the chart. Set custom colors for bullish and bearish gap rectangles. Set custom point thresholds and minimum rectangle areas for deleting rectangles. Calculate and set stop loss and take profit levels in points for the identified gaps. Change rectangle color when stop loss or take profit level is reached. Delete all rectangles from the chart when the indicator is initialized or deinitialized.
Join an ongoing Ethereum application focused on delivering a polished developer and user experience. You'll work across smart contracts, frontend integration, testing, and deployment while helping implement new blockchain features and improve the overall architecture.
I am looking for an experienced Full-Stack Developer to join my project and help build a modern car rental platform with integrated cryptocurrency escrow payments. The project is currently in the early development stage, and...
We are looking for an AI-savvy VA to repurpose our existing blog posts, product pages, images and videos into social content and schedule it for the next 3 months. The idea is to reuse each...
About the project Hi! We're a small team working on a productivity mobile app and we need a clean set of 6 custom line icons for the main navigation and feature screens. This is a...
I need an experienced MT5 specialist to set up a reliable Trade Copier system on a Windows VPS. Required Setup: • 3 separate MetaTrader 5 (MT5) terminals • 1 Master trading account •...
We are seeking a highly skilled and detail-oriented individual to join our team as a Precision Project Manager. In this role, you will be responsible for delivering projects with the utmost accuracy and professionalism. Key...
🚀 We're Hiring | Senior MERN Stack Developer | 5–8 Years We're looking for an experienced Senior MERN Stack Developer to join our team and work on scalable, high-performance web applications and enterprise-level software...
We are seeking a talented Adobe Illustrator to join our team. The ideal candidate will have strong skills and experience in IT and networking. Responsibilities: - Create high-quality illustrations and graphics using Adobe Illustrator. -...
Join an ongoing Ethereum application focused on delivering a polished developer and user experience. You'll work across smart contracts, frontend integration, testing, and deployment while helping implement new blockchain features and improve the overall architecture.
I am looking for an experienced Full-Stack Developer to join my project and help build a modern car rental platform with integrated cryptocurrency escrow payments. The project is currently in the early development stage, and...
We are looking for an AI-savvy VA to repurpose our existing blog posts, product pages, images and videos into social content and schedule it for the next 3 months. The idea is to reuse each...
About the project Hi! We're a small team working on a productivity mobile app and we need a clean set of 6 custom line icons for the main navigation and feature screens. This is a...
I need an experienced MT5 specialist to set up a reliable Trade Copier system on a Windows VPS. Required Setup: • 3 separate MetaTrader 5 (MT5) terminals • 1 Master trading account •...
We are seeking a highly skilled and detail-oriented individual to join our team as a Precision Project Manager. In this role, you will be responsible for delivering projects with the utmost accuracy and professionalism. Key...
🚀 We're Hiring | Senior MERN Stack Developer | 5–8 Years We're looking for an experienced Senior MERN Stack Developer to join our team and work on scalable, high-performance web applications and enterprise-level software...
We are seeking a talented Adobe Illustrator to join our team. The ideal candidate will have strong skills and experience in IT and networking. Responsibilities: - Create high-quality illustrations and graphics using Adobe Illustrator. -...
