Identify gaps not filled on Weekly scale?
Author: wealth-trader
Creation Date: 6/12/2017 10:31 PM
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I am a newbie and want to identify stocks (or indices) that have historical WEEKLY gaps that have not been filled. Anyone have a basic script that they can shar that I would be able to run and identify those stocks/indices?
Any help would be greatly appreciated.
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To screen for historical gaps on Weekly or whatever scale, switch the chart to that scale (Wealth-Lab User Guide > Charting > Chart Control). Wealth-Lab comes with a gap trading strategy (Gap Filler) but there's more gap trading scripts if you follow instructions for Strategy download

1. In Wealth-Lab, open the Strategy dialog (Ctrl+O)
2. Click the "Download..." button.
3. Making sure that "Download public strategies" is checked and "Published since" is unchecked, click "Begin Download".

Then search for "Gap Closer" in the same dialog (there should be 3 versions of the script). Trades that are still open are gaps not filled.

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