Hello everybody, hope you have a great day!
lately I have been working on this indciator. but without too much programing experience its not too easy. It does its job but its 'heavy' to charts(from what I THINK its because it calculates everything with tickdata from LAST printed candle and thats when this lag occurs). bid/ask imbalance is calculated diagonal! it also has some options like:
-Imbalance Threshold.
-Delta volume filter.
-max barsto analyze.
Maybe someone will be able to refine it, thats why im sharing it for free
. Alsofor motivewave developers. it would be AWASOME to see this options added in version 7.
Below you have 2 scripts. one ONLY highlights stacked imbalances, and second one draws a box from imblance to when PA retest that box. Also keep in mind thats only 'beta' versions to refine and optimize it has a lot of bugs and its inefficient.
lately I have been working on this indciator. but without too much programing experience its not too easy. It does its job but its 'heavy' to charts(from what I THINK its because it calculates everything with tickdata from LAST printed candle and thats when this lag occurs). bid/ask imbalance is calculated diagonal! it also has some options like:
-Imbalance Threshold.
-Delta volume filter.
-max barsto analyze.
Maybe someone will be able to refine it, thats why im sharing it for free
. Alsofor motivewave developers. it would be AWASOME to see this options added in version 7.Below you have 2 scripts. one ONLY highlights stacked imbalances, and second one draws a box from imblance to when PA retest that box. Also keep in mind thats only 'beta' versions to refine and optimize it has a lot of bugs and its inefficient.