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Hlchan
12. Jul. 2023 08:01

sc_Imbalance indicator 

Advanced Micro Devices, Inc.NASDAQ

Beschreibung

The script helps to identify imbalance trade candles on the chart.

Prices after a rip-up candle (color in gray, default) will often see subsequent prices backfilling the rip-up candle ie. prices after the rip-up imbalance will fall back down. The opposite is true for flush-down candles (color in purple, default). This indicator allows a quick seeing of which imbalance candle that not been backfilled yet and present opportunities in trading the stock with potential target price based on the imbalance candle.

Versionshinweise

change the multiplier to a float instead of previous integer. Now can accept inputs like 1.1, 1.2, 1.5, etc..
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