OPEN-SOURCE SCRIPT
delta imbalance candle
This Pine Script is a high-frequency order flow tool designed to identify institutional "imbalance" by looking inside a single candle to see who was more aggressive: buyers or sellers.
Here is a concise summary of its functions:
* Intraday Data Splitting: It uses TradingView Premium's request.security_lower_tf to fetch 1-minute data for a specific ticker (like Bank Nifty Futures) regardless of what timeframe you are currently viewing.
* Delta Calculation: It analyzes every 1-minute bar within your current candle. If the 1-minute close is higher than its open, it counts as Buy Volume; otherwise, it counts as Sell Volume.
* Imbalance Identification: It compares total Buy Volume vs. Sell Volume. An "Imbalance" is triggered only if one side is at least 3 times (or your chosen imb_ratio) stronger than the other.
* Selective Chart Coloring: Unlike standard indicators, it only changes the color of the candle on your chart if a significant institutional imbalance is detected. If no imbalance exists, the candles remain their original color.
* Ticker Synchronization: It allows you to track the order flow of a "Source Ticker" (e.g., Futures) while trading on a different chart (e.g., Spot).
Here is a concise summary of its functions:
* Intraday Data Splitting: It uses TradingView Premium's request.security_lower_tf to fetch 1-minute data for a specific ticker (like Bank Nifty Futures) regardless of what timeframe you are currently viewing.
* Delta Calculation: It analyzes every 1-minute bar within your current candle. If the 1-minute close is higher than its open, it counts as Buy Volume; otherwise, it counts as Sell Volume.
* Imbalance Identification: It compares total Buy Volume vs. Sell Volume. An "Imbalance" is triggered only if one side is at least 3 times (or your chosen imb_ratio) stronger than the other.
* Selective Chart Coloring: Unlike standard indicators, it only changes the color of the candle on your chart if a significant institutional imbalance is detected. If no imbalance exists, the candles remain their original color.
* Ticker Synchronization: It allows you to track the order flow of a "Source Ticker" (e.g., Futures) while trading on a different chart (e.g., Spot).
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。