Support Board
Date/Time: Tue, 22 Apr 2025 15:45:02 +0000
Post From: Imbalance
| [2025-01-09 17:41:39] |
| j4ytr4der_ - Posts: 946 |
|
As Binaryduke has explained, the Footprint is showing you market orders that have traded at each price. A Bid/Ask imbalance will be the difference between what traded on the bid at one price, and the ask at the adjacent price. I don't know what "imbalance line" you are referring to in this case, but in general I suggest learning to truly understand the difference between passive (limit) and aggressive (market) trades, and how they are displayed on the footprint chart. Also just to point out... imbalances are arbitrary. A 500% imbalance is not more important or less important than a 499% imbalance. Or a 300% imbalance. Or a 987% imbalance. I would caution you against getting too sucked into their magical significance. But also, to each their own. |