A TradingView EMA gap indicator isn't a single built-in tool but refers to several custom scripts that use Exponential Moving Averages (EMAs) to identify and visualize different types of gaps, such as the "air gaps" between multiple EMAs on different timeframes, fair value gaps (FVGs), or gaps based on comparing an asset's current open with the previous day's high. Examples include the "Air Gap MTF with alert settings" script, which shows price gaps between different time-frame EMAs, and scripts like the "Bullish Gap Up Detection" indicator that uses EMA analysis to identify bullish gaps.
- This indicator shows horizontal lines for EMAs on different timeframes (e.g., 30min, 1hr, 4hr) and fills the "air gap" between them.
- It helps traders see potential zones of support and resistance where price can move with less resistance.
- The size of the air gap can indicate the potential for future price movement.
- It helps traders see potential zones of support and resistance where price can move with less resistance.
- These scripts identify specific three-candle patterns where the high of the first candle is higher than the low of the third candle, creating a gap.
- These gaps are often seen as areas where price can be drawn back to. Some scripts can show FVGs from higher timeframes for added confluence, as mentioned in this YouTube video.
- These gaps are often seen as areas where price can be drawn back to. Some scripts can show FVGs from higher timeframes for added confluence, as mentioned in this YouTube video.
- These indicators are designed to find intraday gaps, such as when a stock opens significantly higher than the previous day's high.
- The "Bullish Gap Up Detection" indicator uses a 10-day EMA above a 20-day EMA to confirm bullish sentiment before signaling a gap-up opportunity.
- The "Bullish Gap Up Detection" indicator uses a 10-day EMA above a 20-day EMA to confirm bullish sentiment before signaling a gap-up opportunity.
- These scripts fill the space between two user-selected EMAs, changing the fill color to green for a bullish cross and red for a bearish cross.
- This provides a clear visual representation of the "momentum" between the two EMAs.
- This provides a clear visual representation of the "momentum" between the two EMAs.
- Open TradingView: Go to the TradingView website or open the app.
- Open the chart: Select the asset you want to analyze.
- Open the indicator search: Click the "Indicators, metrics, and strategies" button.
- Search for the indicator: Type in keywords like "EMA gap," "fair value gap," "air gap," or look for specific community-built scripts by name.
- Add to chart: Click on the desired script to add it to your chart.
- Adjust settings: Go to the indicator's settings to customize it, such as changing the EMA lengths, colors, or specific parameters like the "minimum deviation" to filter gaps by size.
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