Feature Request - Stacked Imbalances

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DonkeyEmporium
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Feature Request - Stacked Imbalances

Post by DonkeyEmporium » Mon Nov 30, 2020 12:50 pm

On footprint charts we have a pattern known as stacked imbalances.
 - see the attached picture for an example
stacked imbalance example.jpg
stacked imbalance example.jpg (450.99 KiB) Viewed 1875 times

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!

Svyatoslav
Site Admin
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Re: Feature Request - Stacked Imbalances

Post by Svyatoslav » Thu Dec 17, 2020 8:27 am

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

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