SR Imbalance Scalping 10.6 MT4

Celebrating the coming Chinese New Year, I am giving 4 days 25% off starting 31 Jan 2022 to 3 February 2022.

Good Luck in the year ahead, May all your wishes come true.

New Update :

– Dynamic Day Range Target. Next you will see dynamic day range target on chart of any time frame. They are two dynamic lines based on your set of ADR days (default is 15 days) that will give you picture where price movement might end up on that day. They are dynamically calculated while price is making ranges.

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If you are trading based on Smart Money Concept (SMC), this indicator will help you  a lot in finding Imbalance (Fair Value Gap) and Order Block on any time frame. If you are new to SMC, the indicator will draw areas of Support & Resistance and Demand and Supply. It is recommended you explore the concept before buying or renting this indicator. There are tons of videos on Smart Money Concept, Order Block, Imbalance to learn on YouTube like The Inner Circle Trader. Shout out to ICT for the impressive knowledge sharing to the traders’ community.

I am naming the indicator with the word ‘Scalping’, meaning that if you are disciplined enough doing entry with stop loss, Imbalance and Order Block is a good place to scalp following a strong trend on a lower time frame again and again. If you choose to be a day trader or a swing one, then use higher time frame to trade. Both works.

Details on the indicator :

– 15 activations.

– Non Repaint Indicator.

– Options to show areas : Imbalance, Order Block, Stop Hunt, and OTE (Optimal Trade Entry).

– The areas are fresh untraded areas or areas that are valid and have not been overridden / broken by price. Options to set Validity on OB and Imbalance areas are available on inputs. Validity inputs range of the from 0 (0%) – 1 (100%). Once price is over your validity set, area will be removed. Separate inputs on validity area of Imbalance and Order Block.

– Areas of Imbalance and Order Block will be removed per real time basis if price violates the validity set of the area. You can set area validity separately for Imbalance and Order Block.

– 3 Options on how to display Order Block Areas by Candle Wicks, Candle Bodies and Mid Point of Body.

– New areas of Imbalance and Order Block will be created also per real time basis.

– Alerts, Notification to mobile device and Email Notification are provided, not just that, there are options on those too.

– Stop Hunt areas are adjusted according to chart time frame.

– Auto spot Break Of Structure (BOS) / Break Of Market Structure (BOMS) spot on any time frame you choose. BOS is shown if candle close is above previous higher high or lower low. Candle High that breaks the structure is considered as price only moves to take the liquidity above / below the previous structure.

-Auto spot Point of Interest (POI), that is the area that is likely price will react in a major way. Disclaimer on. Please trade wisely. POI will be shown only if there is a preceeding BOS and also there is an OB there. Please exercise on OB Validity and BOS bars on input to find your setup preference on certain time frame.

– Latest update : stats on right hand corner on Average Daily Range, Highest and Lowest Daily Range, and Current Daily Range. Number of days for Daily Range calculation is available on input.

– Guides on how to use the indicator is available. Message me to get the guide.

FREE BONUS :

– If you purchase (not rent) the indicator, message me with detail of purchase and email address, I will give a utility that will help you a lot trading with the indicator. This utility only works with SR Imbalance Scalping Indicator.

– This utility will help you :

* Manually open trade with auto lot size options, do pending order with stop loss following the selected area (Imbalance, Order Block, Stop Hunt).

* Buffet style to equip your manual trade including auto lot size, stop loss, take profit, trailing stop loss, break even, double trade

* Open position detail on display where you can close partially on selected position.

* Create your own custom rectangle and select to trade manually but auto with the utility.

* Many other useful for your manual trade.

SR Imbalance Scalping

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