The Imbalance Tracker indicator is an advanced market analysis tool designed to identify and monitor imbalances (imbalances) between buy and sell orders. Primarily used in Order Flow-based trading environments, the indicator allows detection of areas where order flow is particularly unbalanced, providing valuable insights into price levels where buy or sell pressure dominates. This tool enables traders to better interpret supply and demand dynamics.

INDEX

• Use-Settings
  • Imbalance Settings
    • Min Imbalance
    • Include Zero on Imbalance
    • Minimum Number of Consecutive Imbalances
  • Plot Settings
    • Num. Extended Bars
    • Line Width
  • Fresh Zone
    • Buy Color
    • Sell Color
  • Triggered Zone
    • Enable Triggered Zone
    • Triggers Only Touch
    • Buy/Sell Triggered Color

Use Settings

To apply the indicator Imbalance tracker to the chart, click on the Indicators function, and select Imbalance tracker from the list. 

• Imbalance Settings

• Min Imbalance

Defines the minimum percentage imbalance required between buy and sell orders to consider imbalance. A high value filters out only significant imbalances, while a lower value allows even small differences to be seen.

• Includes Zero on Imbalance

If enabled, includes ticks with zero volumes in the imbalance calculation. 

• Minimum Number of Consecutive Imbalances

Specifies the minimum number of consecutive imbalances required to identify an area of interest. It is used to highlight areas where imbalance occurs continuously or with a specified strength.
 

• Plot Settings

• Num. Extended Bars

Defines the number of bars over which to extend the detected imbalance display. This parameter allows you to customize the duration of the display of the imbalance area on the chart, making it visible for a certain number of subsequent bars.

• Line Width

Adjusts the thickness of the line used to highlight imbalance areas. A larger value makes the line more visible, which is useful for easier graphical reading in contexts with multiple layers or in trading environments with high visual activity.
 

• Fresh Zone

• Buy Color

Allows color choice to highlight virgin areas where there has been strong buying pressure .

• Sell Color

Enables color selection for virgin areas where there is an imbalance generated by selling pressure.

The Fresh Zone or Virgin Zone represents an area of imbalance in the market that has not yet been retraced, that is, a level to which price has not yet returned after an imbalance has occurred. These areas may indicate levels of interest to the market and consequently to the trader's operational analysis.

• Triggered Zone

• Enable Triggered Zone

Enables the display of imbalance zones that have been crossed by the price. When enabled, the indicator highlights these areas as points of interest where price has already tested and/or crossed an imbalance. 

• Triggers Only Touch

When enabled, this setting allows you to switch from Virgin Zone to Crossed with the touch of the zone by the price. When disabled, this process will only occur if the imbalnce is broken. 

• Buy/Sell Triggered Color

Lets you choose the color for the buy/sell imbalance zones crossed.