PINE LIBRARY
AdjCloseLib
Library "AdjCloseLib"
Library for producing gap-adjusted price series that removes intraday gaps at market open
get_adj_close(_gapThresholdPct)
Calculates gap-adjusted close price by detecting and removing gaps at market open (09:15)
Parameters:
_gapThresholdPct (float): Minimum gap size (in percentage) required to trigger adjustment. Example: 0.5 for 0.5%
Returns: Adjusted close price for the current bar (always returns a numeric value, never na)
Details Detects gaps by comparing 09:15 open with previous day's close. If gap exceeds threshold,
subtracts the gap value from all bars between 09:15-15:29 inclusive. State resets after session close.
get_adj_ohlc(_gapThresholdPct)
Calculates gap-adjusted OHLC values by subtracting detected gap from all price components
Parameters:
_gapThresholdPct (float): Minimum gap size (in percentage) required to trigger adjustment. Example: 0.5 for 0.5%
Returns: Tuple of [adjustedOpen, adjustedHigh, adjustedLow, adjustedClose]
Details Useful for calculating indicators (ATR, Heikin-Ashi, etc.) on gap-adjusted data.
Applies the same gap adjustment logic to all OHLC components simultaneously.
Library for producing gap-adjusted price series that removes intraday gaps at market open
get_adj_close(_gapThresholdPct)
Calculates gap-adjusted close price by detecting and removing gaps at market open (09:15)
Parameters:
_gapThresholdPct (float): Minimum gap size (in percentage) required to trigger adjustment. Example: 0.5 for 0.5%
Returns: Adjusted close price for the current bar (always returns a numeric value, never na)
Details Detects gaps by comparing 09:15 open with previous day's close. If gap exceeds threshold,
subtracts the gap value from all bars between 09:15-15:29 inclusive. State resets after session close.
get_adj_ohlc(_gapThresholdPct)
Calculates gap-adjusted OHLC values by subtracting detected gap from all price components
Parameters:
_gapThresholdPct (float): Minimum gap size (in percentage) required to trigger adjustment. Example: 0.5 for 0.5%
Returns: Tuple of [adjustedOpen, adjustedHigh, adjustedLow, adjustedClose]
Details Useful for calculating indicators (ATR, Heikin-Ashi, etc.) on gap-adjusted data.
Applies the same gap adjustment logic to all OHLC components simultaneously.
Biblioteca do Pine
Em verdadeiro espírito TradingView, o autor publicou este código Pine como uma biblioteca de código aberto para que outros programadores Pine da nossa comunidade possam reutilizá-lo. Parabéns ao autor! Você pode usar esta biblioteca de forma privada ou em outras publicações de código aberto, mas a reutilização deste código em publicações é regida pelas Regras da Casa.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Biblioteca do Pine
Em verdadeiro espírito TradingView, o autor publicou este código Pine como uma biblioteca de código aberto para que outros programadores Pine da nossa comunidade possam reutilizá-lo. Parabéns ao autor! Você pode usar esta biblioteca de forma privada ou em outras publicações de código aberto, mas a reutilização deste código em publicações é regida pelas Regras da Casa.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.