Unmitigated Imbalance
Tracks unfilled Fair Value Gaps across multiple timeframes — gaps that price hasn't revisited yet.
Overview
The Unmitigated Imbalance indicator identifies Fair Value Gaps that price hasn't yet revisited. It filters continuously: the moment price returns to a gap, that gap is removed from the chart.
The tool displays unfilled imbalances across the current timeframe plus up to four higher timeframes simultaneously, defaulting to 15m, 60m, and 240m.
Settings
Core Settings
Sensitivity — Controls FVG detection threshold, adjusting for smaller or larger gaps based on instrument tick size.
Lookback — Defines the bar window for gap detection, preventing excessive historical clutter.
Mitigation Type — Wick / Close (default: Wick) Determines whether gaps disappear on price touch (wick) or candle closure (close).
Appearance
Show Labels — Toggle (default: on)
Label Position — Left / Right / Center Above
Line Style — Solid / Dashed / Dotted
Label Text Size — Tiny / Small / Normal / Large
Label Text Color — Color picker
Timeframe Configuration
Current Timeframe — Toggle (default: off) Enables display of current-timeframe imbalances. Has separate bullish/bearish color settings.
HTF 1 — Toggle + timeframe selector (default: 15m, enabled) With independent bullish/bearish color settings.
HTF 2 — Toggle + timeframe selector (default: 60m, enabled) With independent bullish/bearish color settings.
HTF 3 — Toggle + timeframe selector (default: 240m, enabled) With independent bullish/bearish color settings.
HTF 4 — Toggle + timeframe selector (default: Daily, disabled) With independent bullish/bearish color settings.
How We Use It
We use this indicator as a session planning tool. Before the open, we identify the nearest unmitigated gaps above and below current price — these represent the most likely institutional delivery targets across multiple timeframes.
Use "Wick" mitigation for a stricter filter (gaps disappear on any touch) or "Close" mitigation for a more conservative approach that keeps gaps visible until price fully closes through them.
