Imbalance Blocks

[ampf]

This is the the description of the programmer of the indicator:

 

 

"REQUIRES ORDERFLOW LICENSE --No Tick Replay Required--

The only reason I have Volumetric Bars (Foot Prints) visible is so I can see stacked imbalances... I wanted to change that...

Imbalance Blocks is a powerful Order Flow-based indicator designed specifically for NinjaTrader 8 users with access to Volumetric Bars (Order Flow Suite). This tool scans each bar's bid/ask volume structure to detect stacked imbalances—key zones where aggressive buyers or sellers dominated the tape—and then paints those zones directly on your price chart as visual blocks.  

Highlights areas where buyers or sellers were clearly in control (via stacked volume imbalances).  

Brings attention to price zones that could act as support/resistance, reaction zones, or breakout levels.

Unlike single-level imbalance indicators, this one identifies diagonally stacked clusters that can indicate not just volume disparity—but intentional, sustained buying or selling effort.

How It Works

Using a secondary Volumetric Data Series, the indicator evaluates each tick level of each bar and checks for buy and sell imbalances based on a configurable volume ratio (e.g., 3:1).

When a certain number of these imbalances stack diagonally, the indicator renders a color-coded block on the chart—highlighting a meaningful price structure that may otherwise go unnoticed.

These blocks extend horizontally into future bars, providing a visual anchor for potential reactions, retracements, or trade setups.

Ideal Use Cases  

Retest/Reaction Trades: Wait for price to revisit a previously defined imbalance zone.

 Breakout Confirmation: Use block zones to validate that a breakout was supported by real order flow.  

Confluence Zones: Pair with support/resistance, volume profile, VWAP, or price action.

Requirements  

Requires NinjaTrader 8 with Order Flow Volumetric Bars enabled If you do not have the Order Flow suite, the indicator will notify you and gracefully disable itself."

 

 

Could anyone with an educated version of NT8 test and provide a feedback on how good is and if is has plots?

Thank you

 

ImbalanceBlocks.zip