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Imbalance Finder for SMC

Imbalance / Fair Value Gap (FVG) , 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.

Imbalance is created from the high and low of 3 candles. When the wicks the of 1st and 3rd candle does not fully overlap the middle one.


This indicator will help you to easily spot mitigated/unmitigated imbalances in your chart.

NEW UPDATE:

  • Added Multi-Timeframe feature
  • Added Alerts
  • Added Fractals
  • Added Settings for Imbalance with Break of Structure

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Imbalance / Fair Value Gap (FVG), 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. Imbalance is created from the high and low of 3 candles. When the wicks the of 1st and 3rd candle does not fully overlap the middle one. This indicator will help you to easily spot mitigated/unmitigated imbalances in your chart. NEW FEATURE Update: Multi-TimeFrame Feat
CHART OBJECTS: Blue box : Bullish Order Blocks (OB) Red box : Bearish OB Orange box : Mitigated OB. Price bounce from this area the made a new high/low Light gray box : Price bounced from this area but did not made a new high/low Dark gray box : Broken OB.  Filled boxes : TimeFrame 1 Order Blocks Unfilled boxes : TimeFrame 2 Order Blocks INDICATOR SETTINGS: Order Block Required Length:  Required number of subsequent candles in the same direction to identify Order Block.   Default value: 5 Im
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CHART OBJECTS: Blue box : Bullish Order Blocks (OB) Red box : Bearish OB Orange box : Mitigated OB. Price bounce from this area the made a new high/low Light gray box : Price bounced from this area but did not made a new high/low Dark gray box : Broken OB.  Filled boxes : TimeFrame 1 Order Blocks Unfilled boxes : TimeFrame 2 Order Blocks INDICATOR SETTINGS: Order Block Required Length:  Required number of subsequent candles in the same direction to identify Order Block.   Default value: 5 Im
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marcdjcooper 2022.08.11 18:05 
 

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Version 5.0 2022.09.01
Customer Request:
- Added alerts and notifications
- Added specific color for imbalances that causes Break of Structure
Version 2.0 2022.06.09
Added Multi-Timeframe feature
Version 1.3 2022.05.10
New Feature:
- Limit calculation of historical bars in settings
Version 1.2 2022.05.09
-more optimizations for faster loading
Version 1.1 2022.05.09
- Added strict mode: no imbalance on gaps
- Optimized code