Imb finder — Indicator by seaaaaal

The indicator finds imbalance'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 mode

Release 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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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