OPEN-SOURCE SCRIPT

Order Imbalance / Volume Regime

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A buy-versus-sell volume imbalance proxy using the up-bar / down-bar (tick) rule when level-1 order data is unavailable, plus a percentile-rank regime of total traded volume. Highlights directional pressure and activity bursts. It does NOT generate buy or sell signals.

What it shows
- Cumulative buy-minus-sell volume imbalance over a window, normalised to [-1, 1]
- Volume percentile rank
- Volume regime (Quiet / Normal / High / Burst)

Honest by design
- No buy/sell signals. The imbalance is a descriptive pressure proxy, not a directional call.
- Non-repainting: backward-looking sums on confirmed bars.

Open-source and MIT licensed.

Disclaimer: impersonal educational and analytics tool. This is not investment advice, not a personalised recommendation, and carries no performance guarantee. Past results do not predict future results. You are solely responsible for your own trading decisions.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.