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Date/Time: Tue, 04 Feb 2025 17:55:22 +0000



Post From: edge zones shown in market delta

[2017-11-13 06:45:13]
binaryduke - Posts: 377
www.emojitrading.com/massive-imbalance will take a price level that exceeds a user-specified diagonal imbalance (or absolute volume level) and forward project a zone by a user-specified number of bars and/or an extension line that will project forward until price trades at that level again.

If the Edge Zones are as simple as a diagonal imbalance of x%, this is a 99% implementation that's been available for over a year, the only difference being the extension line projection ending when price trades at that level vs when the bar closes above/below the level.

We are working on some zone projection enhancements that will be released shortly. We are also looking at the Edge Zones to check if they simply are an 'x%' implementation. If that's all they are, they're not especially valuable. We noted the comment in the video that 'they're even better when they don't work'. So, they're good when they work and even better when they don't. Sounds like the perfect indicator! :)
imageMassive-Imbalance-Level-2-Emoji-Trading-Order-Flow-Suite.png / V - Attached On 2017-11-13 06:44:53 UTC - Size: 17.87 KB - 1530 views