How to use bitcoin CME gap auto finder indicator on tradingviewBitcoin / TetherUSBINANCE:BTCUSDTBIGTAKER📊 Bitcoin CME Gap Auto Detection and Visualization Indicator The Pine Script-based indicator Bitcoin CME gaps multi-timeframe auto finder is a TradingView tool designed for cryptocurrency traders and investors to automatically identify and visualize Bitcoin CME (Chicago Mercantile Exchange) futures market gaps across multiple timeframes. The Bitcoin CME futures market often creates price gaps after weekends or holidays when trading resumes. These gaps typically represent market imbalances, and many traders believe that price levels where gaps occur are likely to be revisited in the future. This concept is known as the "Gap Fill" theory, where such gaps are considered key price zones that may act as support or resistance levels. Traditionally, manually identifying these gaps requires checking multiple timeframes and verifying weekend/holiday sessions, which is both tedious and time-consuming. Indicator Link: Bitcoin CME gaps multi-timeframe auto finder 🔑 Key Features of the Indicator Automated Gap Detection: Saves traders the time and effort of manually searching for and marking gaps. Cross-Exchange Synchronization: CME gap boxes are displayed in sync on other Bitcoin charts such as BTCUSDT, BTCUSDT.P, and BTCUSD. Multi-Timeframe Analysis: Displays gaps simultaneously across various timeframes (5m, 15m, 30m, 1h, 4h, 1D), providing multiple market perspectives. Visual Clarity: Clearly highlights gap zones, with major gaps emphasized for quick trader recognition. Strategic Trading Support: Provides essential information for developing and executing gap fill-based trading strategies. CME Gap History: Allows users to review all past CME gaps formed in historical candles. Alert Functionality: Sends real-time notifications when new gaps are detected, helping traders respond promptly to market changes. ⚙️ Main Functions and Usage This indicator provides a wide range of customizable input options, allowing traders to adapt it to their specific analytical needs. CME Gap Settings: CME Symbol for Gaps: Specifies the symbol used to fetch CME futures data. The default is “BTC1!” (Bitcoin CME Futures). Minimum gap percentage (%): Sets the minimum price movement recognized as a gap, allowing users to filter out minor fluctuations and focus on significant ones. Display Timeframes: Enables or disables gap visualization for each timeframe (5m, 15m, 30m, 1h, 4h, 1D). Users can activate only the timeframes they prefer to analyze. Box Colors: Customizable colors for each timeframe and gap direction (upward/downward), allowing easy visual distinction between gap types. Box Extension Lengths (Bars): Sets the number of bars the gap box extends to the right for each timeframe. This visually illustrates how gap zones can remain relevant as future support/resistance levels. Label Settings: Show labels: Toggles the display of percentage labels for gaps. Label position: Adjusts where the label appears inside the box. Label text size: Controls the label font size. Highlight Settings: Highlight gap % (>=): Emphasizes gaps larger than a specified percentage, providing visual alerts for major gaps. Highlight label text color: Sets the text color for highlighted gap labels. Highlight box color: Defines the color for highlighted gap boxes. Highlight box border width: Adds adjustable border thickness to highlighted gap boxes, making significant gaps stand out even more. Alert Settings: Enable Alerts: Toggles alert activation when gaps occur. Alert Timeframe: Choose specific timeframes for receiving alerts or enable alerts for all timeframes. 🚀 How It Works The indicator retrieves CME futures data (BTC1!) and compares the previous bar’s close/high/low with the current bar’s open across multiple timeframes to identify gaps. It is specifically designed to detect gaps that occur when the market reopens after weekends or holidays. Once a gap is detected, the indicator draws a box to visually mark it on the chart. If the gap size exceeds the user-defined threshold, the box is emphasized using a highlight color and thicker border for greater visibility. 💡 Trading Strategies and Applications Support and Resistance Identification: CME gap zones often act as strong support or resistance levels. Unfilled gaps may indicate potential price return zones, serving as signals for possible reversals or trend continuation. Gap Fill Strategy: Many traders believe that gaps tend to be filled eventually. This indicator can help identify potential entry and exit points for gap fill trades. For example, after a downward gap, traders might consider entering a long position when the price begins to recover toward the upper boundary of the gap and close the trade once the gap is filled. Market Sentiment Analysis: The size and frequency of gaps can reflect strong market movements or uncertainty. Large gaps often indicate intense buying or selling pressure, and highlighted gaps help quickly identify these significant market events. Multi-Timeframe Confirmation: When gaps occur simultaneously across several timeframes, it underscores the importance of that price zone. For instance, if a gap appears on both the 1-hour and 4-hour charts, traders should pay close attention to potential price reactions at that level. Opportunity Detection via Alerts: By enabling alerts, traders can monitor market changes in real time and act immediately when new gaps form — particularly useful for short-term or high-frequency strategies requiring fast decisions. 🚨 Cautions Gap fills are not guaranteed: While gaps often tend to be filled, not all of them will, and some may take a long time. Time zone configuration: Since the CME operates in specific trading hours, make sure the indicator’s GMT+9 timezone matches your local trading setup on TradingView. Avoid using in isolation: Combine this indicator with other technical tools (e.g., moving averages, RSI, volume indicators) to enhance reliability and accuracy. ※ If you found the Bitcoin CME gap auto finder indicator helpful, please give it a like and follow.