On footprint charts we have a pattern known as stacked imbalances.
- see the attached picture for an example
This is NOT the same as:
https://www.bookmap.com/knowledgebase/d ... -Imbalance
^ Which is for the live limit order book imbalance
Stacked imbalances - refer to executed market order trades.
- over a period of time
This enables us to identify several prices where an imbalance in orderflow occurred.
For filters - ideally we should be able to select the:
- time period (over which market buy/sell orders are tallied - e.g. m5/m15/m30)
- buy/sell ratio
- number of ticks (over which the imbalance occurs)
- order size lower threshold/minimum cut off
(Copied here as requested via email - If anyone else has any filters/useful design features to recommend - feel free to add)
Cheers!
Feature Request - Stacked Imbalances
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Re: Feature Request - Stacked Imbalances
Hi. Just wanted to mention that if anyone wants to build that himself (and maybe even sell it via our marketplace) - screen space painter extension might be what you need: https://github.com/BookmapAPI/DemoStrat ... -extension