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.