OPEN-SOURCE SCRIPT
VIB / GIB v1.0
Diupdate
The VIB / GIB indicator
V1 ----- 13 Feb 2023 ------------ Inital release.
This gives the user the ability to easily display VIB(Volume ImBalances) and GIB(Gap ImBalances) on their chart.
Volume imbalances (VIB) are created when there is a price difference between the close of a candle and the opening of the next candle. This price difference can be used as a level of support or resistance in future trading.
A Gap imbalance (GIB) has the same principles as a VIB, but also has the feature that no wick closes through the gap, showing an even more powerful imbalance in the market at that point.
GIBs and VIBs can be individually switched on or off via the settings, and optional icons can also be activated or not to show where the imbalance took place.
Please note that this is purely an indicator that should be used with other confluence before making trading decisions.
V1 ----- 13 Feb 2023 ------------ Inital release.
This gives the user the ability to easily display VIB(Volume ImBalances) and GIB(Gap ImBalances) on their chart.
Volume imbalances (VIB) are created when there is a price difference between the close of a candle and the opening of the next candle. This price difference can be used as a level of support or resistance in future trading.
A Gap imbalance (GIB) has the same principles as a VIB, but also has the feature that no wick closes through the gap, showing an even more powerful imbalance in the market at that point.
GIBs and VIBs can be individually switched on or off via the settings, and optional icons can also be activated or not to show where the imbalance took place.
Please note that this is purely an indicator that should be used with other confluence before making trading decisions.
Catatan Rilis
- Fixed bugs related to missed gaps- Corrected coding issue with bull / bear
Catatan Rilis
Minor naming convention updates Catatan Rilis
Bug fix related to issue when the wick = close price Catatan Rilis
v1.4 just includes more cats.Catatan Rilis
V1.5 - Corrected GIB indicator Catatan Rilis
v1.6 : Correction in code going from Bull-> Bear candles Catatan Rilis
v1.7 : Added the option to lighten or darken bordersSkrip open-source
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