Please add the Inverse imbalances indicator

Inverse imbalances are indications of trapped traders. They occur when there are multiple stacked buy imbalances at in a red bar, (or multiple stacked sell imbalances in a green bar).

These imbalances mean traders went a long (or short) trying to trade a breakout but prices reversed on them and now these traders are trapped in a losing position.

RULES
- red bar with multiple stacked buy imbalances at the top of the bar
- green bar with multiple stacked sell imbalances at the bottom of the bar

An example is attached where price breaks out from a consolidation area. Traders go short , trying to trade the breakout, but then the price reverses up again.
The traders who got short got trapped and are now in a losing position.

Please authenticate to join the conversation.

Upvoters
Status

In review

Board

💡 Feature Request

Date

About 1 year ago

Author

nookie

Subscribe to post

Get notified by email when there are changes.