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INDICATOR #15

Imbalance Ladder

Advanced order book analyzer that visualizes bid/ask imbalances across the price ladder—showing you where institutional limit orders are stacked and predicting short-term price moves.

Download Pine Script (Free)

What It Does

The Imbalance Ladder brings depth of market (DOM) analysis to TradingView. It visualizes the order book by showing where bid and ask orders are imbalanced—levels with heavy buy orders vs. sell orders signal support/resistance before price even gets there.

This is particularly powerful for scalpers and day traders who need to see where institutional limit orders are sitting. When bid-side imbalance is high, expect buying support; when ask-side imbalance is high, expect selling resistance.

Key Features

Bid/Ask Imbalance Visualization

Color-coded ladder showing bid vs. ask order size at each price level—green for bid-heavy, red for ask-heavy.

Institutional Order Detection

Highlights unusually large limit orders (institutional walls)—these often act as strong support/resistance.

Real-Time Order Book Updates

Refreshes in real-time as orders are added/removed—see institutional positioning as it changes.

Imbalance Ratio Display

Shows the bid/ask ratio at each level—ratios above 2:1 signal strong directional pressure.

Main Settings

SettingDefaultDescription
Ladder Depth20 levelsHow many price levels above/below to display
Imbalance Threshold2:1Bid/ask ratio to highlight as significant imbalance
Show Large OrderstrueMark institutional-sized limit orders
Update FrequencyReal-timeHow often order book data refreshes

How to Use This Indicator

1. Identify Strong Imbalance Zones

Look for price levels with 2:1 or higher bid/ask imbalance—these act as magnets for price or strong support/resistance.

2. Watch for Institutional Walls

Large limit orders (walls) often prevent price from moving past a level—if the wall is pulled, expect a fast move in that direction.

3. Trade into Bid-Heavy Zones

When price pulls back into a bid-heavy zone (high buy order concentration), enter longs—institutions are providing liquidity to buy.

4. Avoid Ask-Heavy Zones for Longs

Ask-heavy zones (high sell order concentration) act as resistance—avoid taking longs into these areas unless you are scalping the rejection.

💡

Pro Tip: Combine with Time & Sales Pulse

Use the Time & Sales Pulse to see when aggressive orders start hitting imbalanced levels—this confirms the imbalance is being absorbed or broken through.

View Time & Sales Pulse →

Installation Instructions

1

Download the Pine Script file

Click the download button above

2

Open TradingView Pine Editor

Go to TradingView → Open chart → Pine Editor tab

3

Paste and save

Paste code → Save → Add to chart

4

Configure ladder depth

Adjust settings for your preferred view

See Order Book Without Staring at DOM

This indicator shows you order book imbalances, but reading DOM in real-time is exhausting. AI PIPS analyzes order flow and sends you precise entry signals.

Get AI Order Flow Signals (Free 3 Days)