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...
Marks simple volume imbalances.
For example, when the open and close of a bullish candle are both higher than the previous bullish candle, there could be just a wick or a gap between the two candles. This area is filled with a golden box and extended for 100 bars. This value can be adjusted.
