Unfilled Imbalances

UNFILLED IMBALANCES TRACKER - IDENTIFY HIGH-PROBABILITY REVERSAL ZONES

This advanced indicator automatically detects and tracks unfilled price imbalances (Fair Value Gaps/FVGs) between candle bodies, providing traders with crucial levels where price is likely to return.

METHODOLOGY

This indicator employs an approach to imbalance detection that differs from standard FVG indicators:

1. Body-to-Body Gap Detection: Unlike typical FVG indicators that use wicks, this system exclusively tracks gaps between candle bodies, filtering out noise and focusing on the most significant price inefficiencies.

2. Dynamic Partial Fill Tracking: Our unique algorithm continuously monitors and adjusts imbalance zones as they're partially filled, showing exactly how much of each gap remains unfilled in real-time. This feature helps traders identify the strongest remaining levels.

3. Dual Fill Detection Logic: Proprietary fill detection offers two distinct modes - Distal (gap filled when touched) and Through (requires complete price movement through the entire gap), allowing adaptation to different market behaviors.

KEY FEATURES

Real-Time Imbalance Detection

Identifies body-to-body gaps between consecutive candles
Tracks both bullish and bearish imbalances
Automatically removes filled imbalances from the chart

Advanced Fill Detection Modes

Distal Mode: Imbalance considered filled when price touches the near edge
Through Mode: Requires price to completely trade through the gap
Body Fill Option: Requires candle body (not just wick) to enter the gap zone

Partial Fill Visualization

Watch imbalances shrink in real-time as price partially fills them
Visual representation shows exact percentage of gap remaining
Critical for position sizing and risk management

Flexible Display Options

Full Box Mode: Shows complete imbalance zones
Line Mode: Displays only critical edge levels for cleaner charts
Customizable visual parameters (colors, transparency, line thickness)

Smart Extension Features

Auto-extends visual elements to current price bar
Optional extension into future (0-500 bars)
Statistics table showing active imbalances count and fill rates

TRADING METHODOLOGY

Unfilled imbalances represent areas where price moved too quickly, leaving behind inefficiencies that markets tend to revisit. This indicator helps identify:

High-probability entry zones for trend continuation trades
Logical take profit targets at unfilled gaps
Stop loss placement beyond strong imbalance zones
Market structure breaks when key imbalances are filled
Supply and demand zone identification

HOW TO USE

Apply the indicator to any timeframe (works best on 15m and above)
Configure fill detection mode based on your trading style
Watch for price approaching unfilled imbalance zones
Use partial fill information to gauge zone strength
Combine with your existing strategy for confirmation

TARGET AUDIENCE & BEST PRACTICES

This tool is designed for traders who understand price action and market structure. It works best on:

Liquid instruments with consistent volume
Trending markets where imbalances are more likely to be revisited
Higher timeframes for more reliable signals

LIMITATIONS & CONSIDERATIONS

Imbalances may not always be filled, especially in strong trending markets
Performance varies across different market conditions and instruments
Should be used in conjunction with other analysis methods, not as a standalone system
Gap detection is based on candle closes and may miss intrabar movements
Historical imbalances from many bars ago may lose relevance

SETTINGS EXPLANATION

The indicator includes multiple customization options:

Require Body Fill: Controls whether wicks or bodies must enter gaps
Fill Detection Mode: Choose between Distal or Through modes
Visual Display: Select between boxes or lines
Alert Configuration: Set minimum age before fill alerts trigger
Debug Mode: Learn how the algorithm works with visual feedback

This indicator represents months of research into price inefficiency patterns and provides a systematic approach to identifying and tracking these critical market levels.

Note: Works on all timeframes and markets. Best results on liquid instruments with consistent volume patterns.

リリースノート

Minor bug fixes: