Buy SR Imbalance Scalping

Discussion in 'MQL5 Market' started by GOODMEN, Oct 2, 2021.

Stage:
Completed
Price:
160.00 USD
Participants':
11 of 11
Organizer:
GOODMEN
Settlement fee for participation:
19 USD
  1. GOODMEN

    GOODMEN Administrator
    Staff Member Administrator

    Joined:
    Apr 21, 2019
    Messages:
    25,220
    Likes Received:
    2,113
    Trophy Points:
    113
    Gender:
    Male
    #1 GOODMEN, Oct 2, 2021
    Last edited: Mar 25, 2022
    SR Imbalance Scalping
    V7.8
    V7.94
    V8.1
    V8.55

    - Added Feature : Stop Hunt Area. Use the feature to see Stop Hunt Area on lower time frame. Price will reject on the area or break the area to continue its movement. This will help your judgement whether to place market order buy or sell depends where it goes after it enters the area. Default set for SH area is 3 pips, you can change to how many pips as you like based on your experience.


    You can see how the indicator runs on the video below. Spotting Imbalance and Order Block will be easier on any timeframe and currency :


    if you cannot see it, just go to Please login or register to view links


    1.jpg 2.jpg 3.jpg 4.jpg 5.jpg 6.jpg

    SR Imbalance Scalping is a new way of scalping based on price imbalance. Price imbalance happens when price moves rapidly because of lack of buyers or sellers. It is believed that price will get back to where imbalance formed before continuing its move to a certain direction. This indicator captures those imbalances and forms rectangles as area of imbalances. After months of investigation using this indicator, we note that many times price won't come inside imbalance area. Instead it just touches the rectangle line and continues moving away off the area. This makes the area as perfect support and resistance area, and we trade based on that.

    If you are trading with Smart Money Concept, now we are adding Order Block to enable you spot the most possible area that the price might touch and rejected.

    Imbalance or Fair Value Gap and Smart Money Concept are introduced by ICT and we value his contribution very much. Treating imbalance as Support and Resistance is merely based on our experience.

    The indicator will spot Imbalances and or Order Blocks on the time frame you choose with your chosen colors. Treat both of them as areas of support/demand and resistance/supply. We recommend using H1 - D1 time frame for better result.

    How to use it :

    1. Open H1-D1 chart of any currency.

    2. Attach SR Imbalance Scalping indicator to the chart. You will immediately see some imbalances (as support and resistance areas) on the chart if any.

    3. Look at the current trend based on the time frame. Place limit order at exactly at the lower rectangle line of imbalance (red rectangle) or at exactly the upper rectangle line of imbalance (blue rectangle). Put SL (stop loss) on the other rectangle line.

    Note :

    - Rectangle will immediately disappear if not valid anymore. Now you can set validity with the new feature. Validity works on future rectangle areas only and areas which have not been touched by price.

    - Save the indicator into a template so that whenever you are away of your keyboard and want to make sure you have the fresh imbalance spot, you can reload the template at anytime.

    - Do not use Symbol Changer indicator or any means to switch chart within the same chart window. Open separate chart for each symbol instead.


    dll msimg32
     
  2. limevanilla

    limevanilla Active Member

    Joined:
    Jun 5, 2021
    Messages:
    349
    Likes Received:
    28
    Trophy Points:
    28
    Gender:
    Male
    @GOODMEN

    New version release v7.3.0.

    Looking forward for this one :)
     
    GOODMEN likes this.
  3. h3ks

    h3ks Active Member

    Joined:
    Oct 4, 2020
    Messages:
    336
    Likes Received:
    71
    Trophy Points:
    28
    Gender:
    Male
    New feature: optimal trade entry based on order block and imbalance

    upload_2021-11-11_22-12-34.png
     
  4. limevanilla

    limevanilla Active Member

    Joined:
    Jun 5, 2021
    Messages:
    349
    Likes Received:
    28
    Trophy Points:
    28
    Gender:
    Male
  5. limevanilla

    limevanilla Active Member

    Joined:
    Jun 5, 2021
    Messages:
    349
    Likes Received:
    28
    Trophy Points:
    28
    Gender:
    Male
  6. limevanilla

    limevanilla Active Member

    Joined:
    Jun 5, 2021
    Messages:
    349
    Likes Received:
    28
    Trophy Points:
    28
    Gender:
    Male
  7. Sherwin D

    Sherwin D Member

    Joined:
    Aug 6, 2021
    Messages:
    51
    Likes Received:
    3
    Trophy Points:
    8
    Gender:
    Male
  8. limevanilla

    limevanilla Active Member

    Joined:
    Jun 5, 2021
    Messages:
    349
    Likes Received:
    28
    Trophy Points:
    28
    Gender:
    Male
    I'm looking forward to get this one now. @Admin, seller said that he will give the panel for free. Hope when the time come you can share with us too :)
     
  9. Dheeraj721

    Dheeraj721 Active Member

    Joined:
    Apr 30, 2020
    Messages:
    390
    Likes Received:
    26
    Trophy Points:
    28
    Gender:
    Male
    Same as other order blocks
     
  10. limevanilla

    limevanilla Active Member

    Joined:
    Jun 5, 2021
    Messages:
    349
    Likes Received:
    28
    Trophy Points:
    28
    Gender:
    Male
    Version 7.45
    Minor update :
    - Smoothing BOS line

    Version 7.40
    New Update : Auto Spot : Break Of Structure or Break Of Market Structure.
    Now finding POI ( Point of Interest) is much easier with BOS feature in the indicator.

    With options :

    - BOS Color
    - Number of Bars for BOS Calculation. Recommendation : Use 10 for H1 above time frame and 25 for less than H1 time frame.

    sr-imbalance-scalping-screen-2277.png
    sr-imbalance-scalping-screen-2769.png
     
  11. limevanilla

    limevanilla Active Member

    Joined:
    Jun 5, 2021
    Messages:
    349
    Likes Received:
    28
    Trophy Points:
    28
    Gender:
    Male
    Version 7.55 2021.12.21
    This update :

    - Auto spot POI (Point of Interest) area after BOS happens. Based on Smart Money Concept, POI area is the area where price is more likely to react in a major way among other OB. But still you have to trade wisely, use other indicator if needed as confirmation. Use H1 and above.

    - POI area is shown as a rectangle area with no background and dash border style.

    - POI area is shown based on your set of OB validity and BOS bars. Please exercise both inputs to get the best set up for your time frame. Please consider this update as beta while I am trying to make it better.

    - Other minor update includes :
    - Improving loading time on m1 time frame
    - Solving issue on disappearing custom drawing while time frame is changed.
    Version 7.50 2021.12.17
    This update :

    - Improve Break Of Structure. BOS only happens when candle close is above / below previous higher high or lower low.
    - Add one more OB options : Mid Point of Body. Thank you for your precious input. The OB area covers from half of candle body to High / Low of candle.
    - Improve memory consumption on m1 (1 minute) timeframe. Thanks for the input. Chart becomes lighter on all timeframe.

    sr-imbalance-scalping-screen-8728.jpg
     
  12. limevanilla

    limevanilla Active Member

    Joined:
    Jun 5, 2021
    Messages:
    349
    Likes Received:
    28
    Trophy Points:
    28
    Gender:
    Male
    Version 7.60 2021.12.23
    This update :

    - Improved OTE. Now fib retracement comprises :
    Sl at 100% level
    Caution at 79% level. It is like a warning that price might not retrace if price reaches this level.
    OTE at 70.5% level. OTE is Optimal Trade Entry.
    Golden at 62% level. Golden is nice entry to be made.
    Equilibrium at 50% level.
    TP 1 at 0% level. First Take Profit.
    TP 2 at -72% level. Second Take Profit.
    Swing Complete at -200% level. This is supposed to be the end of your swing position.

    sr-imbalance-scalping-screen-8894.jpg

    Happy Holiday to you all.
     
  13. limevanilla

    limevanilla Active Member

    Joined:
    Jun 5, 2021
    Messages:
    349
    Likes Received:
    28
    Trophy Points:
    28
    Gender:
    Male
    Version 7.63 2021.12.30
    This update :

    - Solving issues on mobile notification when price enters OB areas.

    Version 7.62 2021.12.29
    This update :
    - More to house work to organize inputs
    - Making sure buffers contain the data needed for you to build your own EA.
    - Other minor improvements.

    There will be another update as I got feedback that OB didnot get notified, still on testing and checking.

    Version 7.61 2021.12.27
    Sorry if you happen to see the other indicator's text changed to "POI", that was my mistake.
    I forgot to remove all testing code line, sorry missed that cause I only use this indicator when trading.
    Please close old charts and open new ones and reattach the indicators that you use.

    sr-imbalance-scalping-screen-1689.png
    sr-imbalance-scalping-screen-4026.png
    sr-imbalance-scalping-screen-4180.png
    sr-imbalance-scalping-screen-5573.png
    sr-imbalance-scalping-screen-6089.png
     
    GOODMEN likes this.
  14. limevanilla

    limevanilla Active Member

    Joined:
    Jun 5, 2021
    Messages:
    349
    Likes Received:
    28
    Trophy Points:
    28
    Gender:
    Male
  15. limevanilla

    limevanilla Active Member

    Joined:
    Jun 5, 2021
    Messages:
    349
    Likes Received:
    28
    Trophy Points:
    28
    Gender:
    Male
  16. Olatunde1st

    Olatunde1st Member

    Joined:
    Aug 2, 2019
    Messages:
    70
    Likes Received:
    2
    Trophy Points:
    8
    Gender:
    Male
  17. Olatunde1st

    Olatunde1st Member

    Joined:
    Aug 2, 2019
    Messages:
    70
    Likes Received:
    2
    Trophy Points:
    8
    Gender:
    Male
  18. VixBomber

    VixBomber Member

    Joined:
    Dec 7, 2021
    Messages:
    30
    Likes Received:
    0
    Trophy Points:
    6
    Gender:
    Male
    great logic! up up up!
     
  19. limevanilla

    limevanilla Active Member

    Joined:
    Jun 5, 2021
    Messages:
    349
    Likes Received:
    28
    Trophy Points:
    28
    Gender:
    Male
  20. limevanilla

    limevanilla Active Member

    Joined:
    Jun 5, 2021
    Messages:
    349
    Likes Received:
    28
    Trophy Points:
    28
    Gender:
    Male
    Version 7.73
    Minor update :
    - Adding control to prevent zero divide on Daily Range Calculation

    Version 7.72
    This update :

    - Adding ADR Days on input. You can now set number of days for Average Daily Range calculation.
    - Adding Highest and Lowest Daily Range within ADR Days.
    - Correcting miscalculation of Current Daily Range.
    - Please check on pair specification, if contract size is equal to 1, then 1 pip is equal to 1 point.

    Version 7.70
    This update :

    - Adding stats info on right hand side corner :
    - 15 Days Average Daily Range
    - 3 x ADR
    - Current Daily Range

    - Default set Show Stats on input is true. You can conceal the stats by setting it to false.

    sr-imbalance-scalping-screen-7251.png
    sr-imbalance-scalping-screen-8133.png
    sr-imbalance-scalping-screen-9858.png
     
Loading...
Similar Threads - Imbalance Scalping Forum Date
Refused scalping-ea Requests for joint purchases May 9, 2022
Recruitment of participants VinaSun Scalping MT4 MQL5 Market Apr 28, 2022
Realised VINASUN SCALPING Requests for joint purchases Apr 28, 2022
Recruitment of participants Royal Scalping Indicator MQL5 Market Mar 10, 2022
Refused FRZ Ultimate Scalper MT4/5 – Forex Scalping EA Requests for joint purchases Feb 25, 2022
  • Clubbingbuy is a convenient platform for collective purchase of information products.

    Our service successfully solves the main task of the project-we give the possibility of collective purchases for all popular books, audio and video tutorials, seminars, programs, scripts, databases, templates and themes. The purchase will be cheaper than the full cost several times. New knowledge will cost no more than a Cup of coffee. Get the maximum benefit for the minimum money!