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  • Comments (14)
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Imbalance Finder for SMC MT4

5

Imbalance / Fair Value Gap (FVG), 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.


This indicator will help you to easily spot mitigated/unmitigated imbalances in your chart.


NEW FEATURE Update:

  • Multi-TimeFrame Feature


Reviews 2
elite luis
3301
elite luis 2023.09.24 03:36 
 

Looks good so far, 5 stars for now!

toomuchlbcake
274
toomuchlbcake 2022.09.30 01:38 
 

Works as described. Developer communicated with me and added features to the indicator to accommodate my needs. Great product if you trade imbalances and need prompt notifications of when price reaches an area. 5 stars.

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Imbalance / Fair Value Gap (FVG) , 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. This indicator will help you to easily spot mitigated/unmitigated imbalances in your chart. NEW UPDATE: Added Multi-Timeframe feature
CHART OBJECTS: Blue box : Bullish Order Blocks (OB) Red box : Bearish OB Orange box : Mitigated OB. Price bounce from this area the made a new high/low Light gray box : Price bounced from this area but did not made a new high/low Dark gray box : Broken OB.  Filled boxes : TimeFrame 1 Order Blocks Unfilled boxes : TimeFrame 2 Order Blocks INDICATOR SETTINGS: Order Block Required Length:  Required number of subsequent candles in the same direction to identify Order Block.   Default value: 5 Im
ALL in ONE Indicator Display Indicator values in all Timeframes Display Multiple Symbols/Pairs Fully customizable Click any value/box to open the chart of the corresponding symbol and timeframe Attach multiple instance of the program to display other indicator values Flexible Dashboard Positioning in chart You may request more indicators or additional feature for future updates!
CHART OBJECTS: Blue box : Bullish Order Blocks (OB) Red box : Bearish OB Orange box : Mitigated OB. Price bounce from this area the made a new high/low Light gray box : Price bounced from this area but did not made a new high/low Dark gray box : Broken OB.  Filled boxes : TimeFrame 1 Order Blocks Unfilled boxes : TimeFrame 2 Order Blocks INDICATOR SETTINGS: Order Block Required Length:  Required number of subsequent candles in the same direction to identify Order Block.   Default value: 5 Im
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elite luis
3301
elite luis 2023.09.24 03:36 
 

Looks good so far, 5 stars for now!

toomuchlbcake
274
toomuchlbcake 2022.09.30 01:38 
 

Works as described. Developer communicated with me and added features to the indicator to accommodate my needs. Great product if you trade imbalances and need prompt notifications of when price reaches an area. 5 stars.

Reply to review
Version 5.2 2023.10.01
-added mail alerts
Version 5.1 2022.11.15
New Feature:
- Can set specific color for imbalance that caused a Break of Structure (BOS)

Fixed Bug:
- Color of mitigated imbalances
Version 4.2 2022.09.23
New settings: update frequency
Version 4.1 2022.09.21
Fixed delayed alert when settings timeframe is lower than chart timeframe
Version 4.0 2022.07.14
Customer Request:
- Added input to limit Bars in chart to not slow MT4 app.
Version 3.0 2022.07.10
Customer Request:
- added alerts and notifications
Version 2.0 2022.06.09
Added Multi-Timeframe feature