summary: learn how to interpret gap fill levels, status bars, and screener indicators to predict price movements based on historical patterns.
gap-fill strategies use levels, status bars, and screener indicators to predict price movements — here's how to read them.
gap-fill levels and bias
the gap-fill level is your exit target — where you aim to exit the trade. the bias tells you the session's likely direction based on historical data.
these work independently. you can aim for a gap-fill target moving downward even if the overall session bias is bullish. they measure different things.
understanding the status bar
the gap-fill status bar is based on 6 months of historical price behavior in similar scenarios (same gap size + same weekday). if the bar signals bearish, it means prices have typically moved lower under these conditions — regardless of what the prior-day close looks like.
screener indicators explained
gap up and bearish: market opens higher than yesterday's close, but historically tends to fill the gap and move down.
gap up and bullish (high probability not fill): market opens higher and historically continues higher — unlikely to fill.
these labels give you quick probability snapshots for decision-making.