Immediate Rebalance Indicator in TradingView - Free - [Tradingfinder]

The Immediate Rebalance Indicator is an advanced tool based on ICT (Inner Circle Trader) trading concepts, focusing on rapidly filling price gaps.

Unlike Fair Value Gaps (FVG), Immediate Rebalance zones represent instant equilibrium in the market. These zones strengthen the prevailing trend without requiring price retracement.

Indicator Table

Performance in Bullish Trends

An analysis of the 4-hour price chart for Ethereum (ETH) demonstrates how the Immediate Rebalance zone is formed and how the price reacts to it.

As shown in the image, the indicator considers three candles and plots the shadow of the first candle as the Immediate Rebalance Zone.

The overlap of the third candle's shadow with the zone represents an immediate rebalance, strengthening the prevailing trend. In such conditions, the return of the price to the Immediate Rebalance zone presents an excellent opportunity for Long (Buy) trades.

Performance in Bearish Trends

The 15-minute price chart of the GBP/USD currency pair illustrates how the indicator identifies and reacts to Immediate Rebalance zones.

The indicator considers three candles and plots the shadow of the first candle as the Immediate Rebalance Zone.

The overlap of the third candle's shadow with the zone represents an immediate rebalance, strengthening the prevailing trend.

In such conditions, the return of the price to the Immediate Rebalance zone presents an excellent opportunity for Short (Sell) trades.

Indicator Settings

• ImmR Filter: Determines the filter level to identify immediate rebalance zones.
• Multi Time Frame: Defines the timeframes for analysis.

Conclusion

The Immediate Rebalance Indicator assists traders in improving their decision-making and boosting trading performance by identifying key liquidity zones.

This indicator is particularly suitable for traders who rely on liquidity-based strategies, including ICT and Smart Money trading styles.