(Req) MTF Gap Indicator

[PyeR2]

Hi, I'm wondering whether there is a coder that would be willing to help develop a gap finding indicator that draws a line into the future. There are a few around that put an arrow on the chart. I then manually draw a horizontal trend line (not horizontal line) from the Close, Open and also Centre of the gap extending into the future, that way when price comes back to the gap, I can readily and easily see which gap the lines are coming from.

I would like to be able to differential between Monthly & Weekly gaps, with the option of being able to choose both the colour & style of all lines - ie Monthly gaps may have gold dotted line marking Close & Open with a red Centre line. Weekly gaps might have silver dotted Close & Open with coral dotted Centre line (whatever user defines)

It would be useful also to be able to define the look-back period either by date or number of periods or both :-). Separate look-back periods for Monthly & Weekly time-frames.

It would be great to also have an intra-day option as well. Probably just needs a Centre line drawn from the Opening period with option to define colour, style look-back period.

Also need to be able to define minimum gap size for each time-frame being displayed.

 

Gaps are extremely useful for predicting where support and resistance will be. A gap usually 'gaps' thru a level of sup/res and as everybody knows old sup becomes new res & vice versa.

 

Examples of how I manually draw on my charts

http://img833.imageshack.us/img833/6821/gaps1.gif

 

http://img593.imageshack.us/img593/4867/gaps2.gif

 

http://www.mediafire.com/?n6la96n4bpxtp for GapFinder & iGaps

 

Well here's hoping somebody will take an interest. Cheers!