Volume Gaps & Imbalances (Zeiierman)

█ Overview
Volume Gaps & Imbalances (Zeiierman) is an advanced market-structure and order-flow visualizer that maps where the market traded, where it did not, and how buyer-vs-seller pressure accumulated across the entire price range.

The core of the indicator is a price-by-price volume profile built from Bullish and Bearish volume assignments. The script highlights:

• True zero-volume voids (regions of no traded volume)
  
• Bull/Bear imbalance rows (horizontal volume slices)
  
• A multi-section Delta Panel, showing aggregated Buy–Sell pressure per vertical sector
  
• A clean separation between profile structure, volume efficiency, and delta flows
  

Together, these components reveal market inefficiencies, displacement zones, and fair-value regions that price tends to revisit — making it an exceptional tool for structural trading, order-flow analysis, and contextual confluence.

Highlights

• Identifies true volume voids (untraded price regions), more precisely than standard FVG tools
  
• Plots Bull vs Bear volume at each price row for fine-grained imbalance reading
  
• Includes a sector-based Delta Grid that aggregates Buy–Sell dominance
  

█ How It Works

⚪ Profile Construction
The indicator scans a user-defined Lookback window and divides the full high–low range into Rows. Each bar's volume is allocated into the correct price bucket:

• Bullish volume when close > open
  
• Bearish volume when close <= open
  

This produces three values per price level:

• Bull Volume
  
• Bear Volume
  
• Total Volume & Imbalance Profile
  

Rows where no volume at all occurred are marked as volume gaps — signaling true untraded zones, often produced by impulsive imbalanced moves.

⚪ Zero-Volume Gaps (True Voids)
Unlike candle-based Fair Value Gaps (FVGs), volume gaps identify the deeper, structural inefficiency: Price moved so fast through a region that no trades occurred at those prices. These areas often attract revisits because liquidity never exchanged hands there.

⚪ Bull/Bear Volume Imbalance
Every price row is drawn using two colored horizontal segments:

• Bull segment proportional to bullish volume
  
• Bear segment proportional to bearish volume
  

This reveals where buyers or sellers dominated individual price levels.

⚪ Delta Panel
The full volume profile is cut into Summary Sections. For each block, the script computes: Δ = (Bull Volume − Bear Volume) ÷ Total Volume × 100%

█ How to Use

⚪ Spot True Voids & Inefficiencies
Zero-volume zones highlight where the price moved without trading. These areas often behave like:

• Refill zones during retracements
  
• Targets during displacement
  
• Thin regions price slices through quickly
  

Ideal for both SMC-style trading and structural mapping.

⚪ Identify Bull/Bear Control at Each Price Level
Broad bullish segments show zones of buyer absorption, while wide bearish slices reveal seller control.

This helps you interpret:

• Where buyers supported the price
  
• Where sellers defended a level
  
• Which price levels matter for continuation or reversal
  

⚪ Use Delta Sectors for Contextual Direction
The delta panel shows where market pressure is accumulating, revealing whether the profile is dominated by:

• Bullish flow (positive delta)
  
• Bearish flow (negative delta)
  
• Neutral flow (balanced or minimal delta)
  

█ Settings

• Lookback – Number of bars scanned to build the profile.
  
• Rows – Vertical resolution of price bins.
  
• Source – Price source used to assign volume into rows.
  
• Summary Sections – Number of vertical delta sectors.
  
• Summary Width – Horizontal size of the delta bar panel.
  
• Gap From Profile – Distance between profile and delta grid.
  
• Show Delta Text – Toggle Δ% labels.
  

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Disclaimer

The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.