Travelling_Trader

Imbalance Finder

Imbalance Finder

I struggled to always see it visually this marks whether there is or isn't imbalance

Very quick way of finding imbalance between bars
Release Notes:
Added Box Fully Coloured and option to turn Diamond on or off to indicate Imbalance on Bars past 500 back
Release Notes:
Version 5 and colour change added
Release Notes:
Added Alerts
Release Notes:
Requested additions

Un Mitigated Imbalance Extension options
Asian Session Marked
ADR Targets 50%,75%,100% auto calculated
Entry to ADR Count back
Alerts for imbalance Bullish, Bearish and Both
Alert for % of ADR Imbalance (Explosive moments)
Release Notes:
Finally fixed gapping issue

ADR % Shown On off added

Minimum ADR% for Imbalance to show (on %)
Release Notes:
Added Alert for every imbalance as well as first of last 5 bars (if in run of imbalance less annoying)
Release Notes:
2 More gap scenarios added
Release Notes:
Error on smaller time frames with Imbalance Dynamic on App that did still work on web version of trading view fixed
Open-source script

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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