Imbalence Indicator For NinjaTrader 8

The Imbalance Indicator is a tool for analyzing market liquidity, helping traders identify uneven distribution of supply and demand in the order book (Level II) or time & sales data.

Price: $24.50/month

Notes

For the correct calculation of historical imbalance, it is necessary to load tick data into the platform, as well as ask price and bid price data. Without this data, the indicator may not function properly on historical bars.

This indicator works only on Volumetric bars, meaning that the user must have an active NinjaTrader Order Flow + subscription to use it.