OPEN-SOURCE SCRIPT
Imbalance/Balance Zones (30 Min)
Imbalance Zones (highlighted in green or red) are detected when there’s a gap between the highs and lows of the previous two 30-minute candles and the current candle.
Balance Zones (highlighted in blue) occur when the current candle stays within the previous high and low, indicating consolidation or balance.
The background color highlights these zones, and labels are placed above or below the bars to indicate imbalance or balance.
Balance Zones (highlighted in blue) occur when the current candle stays within the previous high and low, indicating consolidation or balance.
The background color highlights these zones, and labels are placed above or below the bars to indicate imbalance or balance.
Skript med en öppen källkod
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. Du kan ange den som favorit för att använda den i ett diagram.
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