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Saturday, February 18, 2012

AFL for Gap Detection

Opening Gap detector AFL

Download the aforesaid AFL
for gaps detection. This AFL when overlayed on the price chart plots the gaps.
Gap up Opening is denoted by green triangle and Gap down Opening by a yellow one.
By default AFL plots gaps of 2% or more, but you can adjust the parameters as per your choice.
This AFL can also be used in the Automatic Analysis Window where this AFL writes 'Gap up Opening’ in Green or ’Gap down Opening' in Red background (as the case may be) against tickers where opening appears with a gap.

NB: snaps based on the EOD database


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