Volume Imbalance RadarScreen
Volume Imbalance RadarScreen brings body-to-body gap detection to your watchlist scanning workflow. Color-coded columns show which symbols have active Volume Imbalance zones, how close price is to those zones, whether price is currently inside a zone, and when new gaps form — all across your entire watchlist simultaneously.
- ●NrBullDst and NrBearDst columns show percentage distance to the nearest bullish or bearish Volume Imbalance zone — teal background when a zone exists, gray when no zones are active for that side
- ●BullCnt and BearCnt show how many active bullish and bearish Volume Imbalance zones exist for each symbol — green for bullish demand gaps, crimson for bearish supply gaps
- ●InBullZone and InBearZone columns light up with strong green or red backgrounds when price is currently inside an active Volume Imbalance zone — these are your live gap-fill setups
- ●NewVISig column flashes amber when a fresh Volume Imbalance was detected on the current bar — sort by this column to catch new gaps as they form in real time
- ●All cells use the Indicator Hub dark theme palette for consistent visual scanning
Sort by InBullZone or InBearZone to find symbols currently inside Volume Imbalance zones — these are active gap-fill trades. Sort by NrBullDst or NrBearDst ascending to find symbols approaching an institutional gap. Sort by NewVISig to catch fresh gaps the moment they appear.
Includes the same quality filters: MinGapATR for size filtering and optional RequireVolSpike for volume confirmation. All signals use completed bar data only. Non-repainting guaranteed.
30-Day Money-Back Guarantee
Try it risk-free. Not satisfied? Full refund, no questions asked.
Part of the Volume Imbalance Bundle
Get all 4 study types for $65 — save $30
Who This Is For
Built for SMC day traders and swing traders managing 20-100 symbol watchlists who trade gap-fill setups at body-to-body imbalance levels. Use this to monitor your entire universe for Volume Imbalance proximity and active fill signals without manually checking charts.
Add the scanner to your main RadarScreen window. During market hours, sort by InBullZone descending to find symbols where price is sitting inside a bullish demand gap right now. Sort by NrBullDst ascending to find symbols approaching gaps that have not been filled yet — these are pre-setup alerts.
When you spot a symbol with InBullZone = 1 or InBearZone = 1, switch to the chart indicator to see the exact zone boundaries and midpoint for precision entry timing. Check BullCnt or BearCnt to gauge how many institutional gaps exist at different price levels.
The scanner works on any timeframe. Use 5-minute intervals for intraday scanning, daily for swing trade setup identification. Best results on liquid markets where body-to-body gaps represent genuine institutional momentum.
See It in Action
Example chart showing Volume Imbalance RadarScreen on a live trading session
Example chart showing Volume Imbalance RadarScreen on a live trading session
Installation Guide
Step 1: Download the indicator file
After purchase, download volume-imbalance-radarscreen.eld from your confirmation email or account download page. Save it somewhere easy to find like your Desktop or Downloads folder.
Step 2: Open the Import Wizard
Open TradeStation. Click the File menu in the top-left corner, then select Import/Export EasyLanguage to launch the Import/Export Wizard.
Step 3: Select the import type
In the Import/Export Wizard, select "Import EasyLanguage file (ELD, ELS or ELA)" from the list. Click Next to continue.
Step 4: Browse for the file
Click the Browse button to open a file browser where you can locate your downloaded .ELD file.
Step 5: Select and open the file
Navigate to the folder where you saved the .ELD file. Select volume-imbalance-radarscreen.eld and click Open. The file name shown may differ from the screenshot — look for your downloaded indicator file.
Step 6: Open the Studies menu
Open your RadarScreen window. Click the Studies dropdown in the toolbar and select Add Study.
Step 7: Select the indicator
In the Add Study dialog, make sure Indicator is selected in the Study Type dropdown. Find "!IndHub-RS_VolImbalance_v1" in the Available list, select it, and click Add. Click OK to apply.
Step 8: Configure your watchlist and columns
Add your symbols to the RadarScreen watchlist. Adjust column widths by dragging column borders. Key inputs: MinGapATR (default 0.1), MaxAge (default 75), MaxZones (default 10), RequireVolSpike (default false). Sort by InBullZone or InBearZone to find active gap-fill setups, or by NrBullDst/NrBearDst ascending to find approaching setups.
Common Issues
Most columns show zeros. Very few symbols have active Volume Imbalance zones.
Volume Imbalances are naturally rarer than other SMC zones because they require consecutive candle bodies to not overlap. On liquid instruments during normal volatility, body-to-body gaps are uncommon. This is expected — each zone that does appear is more significant. Lower MinGapATR to 0.05 to catch smaller gaps, or use a higher timeframe interval where body-to-body gaps are more common.
InBullZone shows 1 but when I open the chart I do not see the zone.
This is likely a timeframe mismatch. RadarScreen calculates on the interval set in the interval selector (bottom-right corner). Match the RadarScreen interval to your chart timeframe to see the same Volume Imbalance zones.
I am getting many NewVISig signals at the market open. Are these all valid?
The market open often produces body-to-body gaps as the opening candle jumps from the prior close. These are technically valid Volume Imbalances but may be caused by the opening auction rather than continuous institutional flow. Enable RequireVolSpike to filter for gaps backed by above-average volume, which helps distinguish genuine momentum gaps from routine opening jumps.
For additional help, contact support.