patrickws

AMD-Imbalance

This script looks at three consecutive candles and if there is an area between the wicks of the first and third candle, it will paint a box to mark the area.

The marked area is considered an imbalance or inefficiency in the market. Price usually finds its way back to that area of imbalance to clear it.

As price clears part of the area of imbalance, the box turns from a solid border to a dashed border.








Protected script
This script is published closed-source and you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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