OPEN-SOURCE SCRIPT

Imbalance Identifier With Target Box

Updated
Target Area to help me with my target area for visual reference

Imbalance Identifier - Helps me to see where the trade may come back to

EMA on 1 Minute Time frame for helping to identify Direction to take trades in

I primarily use this as a tool to help me identify very short term direction for scalping small target area (Adjustable)

Preset for the main 28 Forex Pairs, US30,US100,US500 Dax40 and Gold on the 1 Minute timeframe
Release Notes
Changed Default Target To Auto - In Settings can be manually changed
Release Notes
Updated Targets for Forex - I would recommend using manual override for Forex pairs
Release Notes
Calc error resolved
Exponential Moving Average (EMA)imbalancescalpingTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer