PROTECTED SOURCE SCRIPT

Imbalance zones

By mrdezinguyen
Uppdaterad
Imbalance, this is a zone / gap created when the price move with force in a given direction. It identify a zone where the price could. potentially go back. This gives perfect targets for your trades.
This indicator is created to find the imbalances when a market exchange receives too many of one kind of order—buy, sell, limit—and not enough of the order's counterpoint and price shoots up or down and it left with unfilled orders. If you know how to trade the imbalances, this indicator can help you by find imbalances automatically.
Versionsinformation
News updated:
  • Auto close zone was filled
  • Change color for higher zones and lower zones (base on current bar)
Versionsinformation
News updated:
  • Option show/hidde filled imb boxes (good for backtest purpose)
  • Choose color fo filled imb boxes
Versionsinformation
Fixed some bugs
Versionsinformation
Update logs:
  • Auto change maximum Imb displayed when choose show filled imb boxes
Versionsinformation
New updates:
  • Extended right
  • Show 50% line
Versionsinformation
Fix some bugs
Versionsinformation
Update some bugs
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