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  • Reviews (2)
  • Comments (14)
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Imbalance Finder for SMC MT4

5

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 Feature


Reviews 2
toomuchlbcake
284
toomuchlbcake 2022.09.30 01:38 
 

Works as described. Developer communicated with me and added features to the indicator to accommodate my needs. Great product if you trade imbalances and need prompt notifications of when price reaches an area. 5 stars.

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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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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
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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elite luis
3351
elite luis 2023.09.24 03:36 
 

User didn't leave any comment to the rating

toomuchlbcake
284
toomuchlbcake 2022.09.30 01:38 
 

Works as described. Developer communicated with me and added features to the indicator to accommodate my needs. Great product if you trade imbalances and need prompt notifications of when price reaches an area. 5 stars.

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Version 5.2 2023.10.01
-added mail alerts
Version 5.1 2022.11.15
New Feature:
- Can set specific color for imbalance that caused a Break of Structure (BOS)

Fixed Bug:
- Color of mitigated imbalances
Version 4.2 2022.09.23
New settings: update frequency
Version 4.1 2022.09.21
Fixed delayed alert when settings timeframe is lower than chart timeframe
Version 4.0 2022.07.14
Customer Request:
- Added input to limit Bars in chart to not slow MT4 app.
Version 3.0 2022.07.10
Customer Request:
- added alerts and notifications
Version 2.0 2022.06.09
Added Multi-Timeframe feature