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...
Imbalance, this is a zone / gap created when the price move with force in a given direction. It identify a zone where the price could potentially go back. This gives perfect targets for your trades. Imbalance is created from the high and low of 3 candles. When the wicks the of 1st and 3rd candle does not fully overlap the middle one. You can define the...
This should easily find the clear BUY to SELL / SELL to BUY candles with imbalance created. There are options to change the Supply and Demand / OrderBlock CREATION based off the OPEN or WICK imbalance and also the option to DRAW the zones from the OPEN or the WICK. Will also draw HTF zones with options to change the colour of zones when price has mitigated these...
Indicator that plots boxes for fair value gaps (also known as imbalances or inefficiencies) fair value gaps are a very useful concept in price action trading, as they provide a trader with information about where a lot of orders were injected creating this inefficiency in the market. This inefficiency can become a magnet for price in the future to resolve this...
MarketReader_Strategy is a very useful and advanced indicator: - It draws buying (green) and selling (orange) zone . -Once the buying or selling zone is tapped, the color is automatically changed to grey -It shows liquidity pool ($$$) engineered by market behaviour Buying or selling area are determined by an algorithm that combines volume profile,...
FX Sessions - All In One This Script offer a wide variety of goodies SESSION OPEN it will draw a line for the TOP, MID and LOW of the asian session (you can adjust the hours of the session) It will draw a line for the TOP and LOW of the London Session (you can adjust the hours of the session) It will draw a line for the TOP and LOW of the NY Session (you...
1 x ADR Movement Calculated on the Asian Session - Times can be altered to suit your parameters Daily Target is set High from low of Asian Range and Low from High of Asian Range 0-3X ADR Calculated and Displayed from a point you select for the following days targets - can be set Bearish or Bullish and ADR parameters can be altered Imbalance Finder - Can be...
Imbalance Finder I struggled to always see it visually this marks whether there is or isn't imbalance Very quick way of finding imbalance between bars
This script looks at three consecutive candles and if there is an area between the wicks of the first and third candle, it will paint a box to mark the area. The marked area is considered an imbalance or inefficiency in the market. Price usually finds its way back to that area of imbalance to clear it. As price clears part of the area of imbalance, the box...
This oscillator is used for *mean reversion* strategies only. This oscillator calculates the real-time distance of a price-point subtracted from the SMA, then compares it to the average distance to determine equilibrium imbalances. When the imbalance becomes less and goes under the signal line, a reversal is very likely. Do not trade mean reversion during any...
The Bollinger Imbalance Oscillator is used for *mean reversion* purposes only. It uses Double Bollinger deviation levels to determine each level of perceived imbalance. When price start to revert to its mean after an imbalance, small char-type arrows appear to assist with direction. This oscillator also includes a squeeze feature on the center-line, based on...