The Unfinished Tracker indicator by VolSys highlights through lines in the graph the zero print, those price levels where there has been strong aggression in one side of the book causing price to accelerate, resulting in non-trading in the opposite side, this results in 0's in Bid or Ask.

Price will often trade back into those levels to correct such an "anomaly," such areas can then be used either as targets of any trades already in place, or levels in which to possibly search for a reversal.

INDEX

• Settings-of-Use
  • General
    • Min Tick Volume
    • Max Unfinished Threshold
    • Include Mode
    • Min Num. of Consecutive Zero
  • Plot Settings
    • Num. of Extended Bars
    • Line Width
  • Fresh Zone
  • Triggered Zone
    • Enable Triggered Zone
    • Trigger only touch
    • Buy/Sell Color

Use Settings

Clicking on the indicator settings icon will open its configuration window, within which you can make several choices regarding the indicator's functionality.

• General

• Min Tick Volume

Defines the minimum volume that the tick where the 0 occurs must have;

• Max Unfinished Threshold

Defines the maximum threshold that the Unfinished must have, specifically if you leave 0 it only tracks the Zero Prints, if you increase it to 1 it also tracks all those price ticks where only 1 contract was traded in Ask or Bid and so on;

• Include Mode

1. Intrabar

Trace only the Unfinished occurring within the bar, thus excluding those occurring on the highs or lows;

2. All

Track all Unfinished that fall within the parameters set by the user;

• Min Num. of Consecutive Zero

Defines the minimum number of Unfinished that you must have consecutive for the indicator to take them into account;

• Plot Settings

• Num. of Extended Bars

Defines the number of bars into which to extend the lines provided by the indicator;

• Line Width

Defines the thickness of the lines provided by the indicator;

• Fresh Zone

Defines the color of the lines of the Unfinished virgins, i.e., those areas where the price did not make a candle close beyond, differentiating the Unfinished occurred in Bid by the Buy Color and the Unfinished occurred in Ask via the Sell Color;

• Triggered Zone

• Enable Triggered Zone

Allows you to view the areas of Unfinished crossed;

• Trigger only touch

If enabled it qualifies a zone as crossed at the mere touch of price, no longer requiring the candle to close beyond that zone;

• Buy/Sell Color

Defines the color of the Unfinished zones crossed;