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
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.

Disclaimer

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.

Want to use this script on a chart?