CandelaCharts - Imbalance Concepts

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📝 Overview

Imbalance Concepts is an advanced toolkit rooted in ICT (Inner Circle Trader) principles, specifically designed to identify and highlight critical areas of support and resistance within financial markets. This toolkit focuses on detecting market imbalances that can indicate potential turning points or high-probability zones for price action.



The key components of the toolkit include:

• Fair Value Gaps (FVG)
  
• Inversion Fair Value Gaps (IFVG)
  
• Balanced Price Range (BPR)
  
• Volume Imbalances (VI)
  
• Opening Gaps (OG)
  

The toolkit automatically detects these imbalances and visually marks them on charts, allowing traders to quickly identify key zones for analysis. This enables more informed decision-making, as these imbalances often signal the potential for major market shifts, reversals, or continuation patterns.

By integrating Imbalance Concepts, traders can focus on critical price areas that have a high likelihood of influencing future price action.

📦 Features

The Imbalance Concepts toolkit provides a robust set of features aimed at improving trading accuracy and decision-making. Key features include:

• MTF
  
• Mitigation
  
• Consequent Encroachment
  
• Threshold
  
• Hide Overlap
  
• Advanced Styling
  

⚙️ Settings

• Show: Controls whether Imbalances are displayed on the chart.
  
• Show Last: Sets the number of Imbalances you want to display.
  
• Length: Determines the length of each Imbalance.
  
• Mitigation: Highlights when an Imbalance has been touched, using a different color without marking it as invalid.
  
• Timeframe: Specifies the timeframe used to detect Imbalances.
  
• Threshold: Sets the minimum gap size required for Imbalance detection on the chart.
  
• Show Mid-Line: Configures the midpoint line's width and style within the Imbalance. (Consequent Encroachment - CE)
  
• Show Border: Defines the border width and line style of the Imbalance.
  
• Hide Overlap: Removes overlapping Imbalances from view.
  
• Extend: Extends the Imbalance length to the current candle.
  
• Elongate: Fully extend the Imbalance length to the right side of the chart.
  

⚡️ Showcase

Fair Value Gaps (FVG)



Inversion Fair Value Gaps (IFVG)



Balanced Price Range (BPR)



Volume Imbalances (VI)



Opening Gaps (OG)



📒 Usage

The key components of trading imbalances include:

• Step 1 – Identify Market Trend: Begin by determining the market trend for the asset, whether it is bullish or bearish.
  
• Step 2 – Locate Premium and Discount Zones: In a bearish market, focus on identifying the premium Imbalance, while in a bullish market, look for the discount Imbalance.
  
• Step 3 – Detect Liquidity Sweep: After identifying the trend, the next step is to spot a liquidity sweep, which often indicates a potential price reversal or continuation.
  
• Step 4 – Detect Change In State of Delivery: Following the liquidity sweep, the next step is to recognize a CISD, which frequently serves as a confirmation of a potential price reversal.
  
• Step 5 – Execute the Trade: In a bullish market, wait for the price to retrace and test the discount imbalance, aiming to balance the price movement before entering the trade.
  

NOTES:

You always short only on Premium, and long on Discount.

Fair Value Gaps (FVG)



Inversion Fair Value Gaps



Balanced Price Range



🚨 Alerts

The indicator provides the ability to set alerts for various significant market events related to its core features.

You can configure alerts for the following key events:

• Fair Value Gaps Formation (+B/-B)
  
• Inversion Fair Value Gaps Formation (+B/-B)
  
• Balanced Price Range Formation (+B/-B)
  
• Volume Imbalances Formation (+B/-B)
  
• Opening Gaps Formation (+B/-B)
  

⚠️ Disclaimer

These tools are exclusively available on the TradingView platform.

Our charting tools are intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. They are not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on these tools for financial decisions. By using these charting tools, the purchaser agrees that the seller and creator hold no responsibility for any decisions made based on information provided by the tools. The purchaser assumes full responsibility and liability for any actions taken and their consequences, including potential financial losses or investment outcomes that may result from the use of these products.

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