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Imbalance-BC
Yellow Candles show imbalances in prices. Imbalances are formed when there is excessive buyers or sellers in a given direction i.e demand and supply exceeding each other. Smart Money ( aka banks and institutions create these explosive moves hence forming imbalances and are a great point of interest). Imbalances are always filled by large intuitions and are future areas where the prices could reverse back and could be great entry points.
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Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.