This indicator combines Centered Triangular Moving Average (TMA) bands offset by Average True Range (ATR) with Smart Money Concepts (SMC) market structure analysis on the price chart. It calculates upper, center, and lower bands alongside swing and internal ma
Indicator · Pine Script v5 · On the chart
Imbalance + 3EMA
This overlay indicator plots three exponential moving averages on the price chart and marks imbalance zones with boxes.
GitHub stars4on the repository
Pine versionv5runs as is
Lines of code145
Settings13inputs
LicenceNone stated
Last update2 years ago20 Feb 2024
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Each EMA has its own length, color, and visibility toggle, with defaults of 10, 50, and 200. Fair value gaps are detected across three bars when price leaves a gap that is not an opening gap, and opening gaps are drawn when the current bar does not overlap the previous bar. Boxes use the chosen colors and opening gaps are labeled OG. It does not generate trade entries or exits.
- Three toggleable EMAs with length and color
- Fair value gap boxes on the chart
- Opening gap boxes labeled OG
- Bullish and bearish imbalance detection
- Overlay drawing on the price chart
Details
Published by
linkcla on GitHub
Type
Draws
On the price chart
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| show_ema1 | bool | true | show_ema1 |
| Length | int | 10 | ema1_length |
| ema1_color | color | #057595ac | ema1_color |
| show_ema2 | bool | true | show_ema2 |
| Length | int | 50 | ema2_length |
| ema2_color | color | #b55d04ac | ema2_color |
| show_ema3 | bool | true | show_ema3 |
| Length | int | 200 | ema3_length |
| ema3_color | color | #ff00aaac | ema3_color |
| Show Fair Value Gaps (FVG) | bool | true | show_fvg |
| fvg_color | color | #ffff00bf | fvg_color |
| Show Opening Gaps (OG) | bool | true | show_og |
Show all 13 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| og_color | color | #ffb700 | og_color |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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