OPEN-SOURCE SCRIPT
Updated Imb finder
The indicator finds imbalance's zone
Support:
- Two dynamic color
- Hides fulfiled blocks
- Extends last active imabalance's zone
Support:
- Two dynamic color
- Hides fulfiled blocks
- Extends last active imabalance's zone
Release Notes
- Fixed bugs in LTF- Fixed bug with displaying the last imbalance
Release Notes
- added new logic related to 'penetration ratio'- modifired logic with 'shown last imbalances'
Release Notes
- fixed bugs with work on history modeRelease Notes
- removed unnecessary imbalances
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 publications is governed by House rules. You can favorite it to use it on a chart.
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