Properties

The above settings would scan for when a bars open, high, low and close is lower than the previous bars low. The Price Gap scan would be applied to a Daily chart.

Type

• Down
  Select this option to scan for when the open, high, low and close of a bar is lower than low of the previous bar.
• Up
  Select this option to scan for when the open, high, low and close of a bar is higher than high of the previous bar.

Period Type

This setting sets the period type to use when calculating the Price Gap. For example, by selecting Daily the price gap will be calculated off a day bar period (a daily chart), if it was set to Weekly, it would be calculated off a Weekly bar period (a weekly chart). You can select from the following options.

• Daily
• Weekly
• Monthly
• Yearly