Gap size threshold

gap_size checks the absolute size of the most recent gap against a threshold. Use it as a filter on top of gap to require a meaningful imbalance.

Shape

{ "type": "gap_size", "min_pct": 1.0 }

Params

• min percent - minimum gap size as a percent of the prior close.

Usage

Filter combined with another condition: "Take a gap-fade entry only if the gap was at least 1% - small gaps aren't worth the risk."