I just realised I had not shared the volume imbalance bars outside the Discord group! So, here you go.
I developed these late last 2025, and shared them in ‘the-labs’ with our small group. The intention was to provide a cleaner chart by removing a lot of the noise. So, I had a think about what I look at, and tried a few things. I came up with these. The idea was that every bar contained valuable information. This was important, as I was also feeding them to machine learning algorithms, and junk bars just dilute the message. These bars get around this by only producing new bars once something relevant has happened. Mostly, to do with volume. I won’t go into all the technicals. Put them on your chart. If you like them and they work for you, great! They are now one of my favourite order flow bar types, even for manual trading.
The community seems to like them 🙂
They are adaptive, meaning they auto-tune some of their parameters over time. The Theta option determines how reactive they are. They primarily use delta and volumes/ticks to determine baselines, then create new bars when those thresholds are met (or time expires, or volume gets too large, etc. – Some safeguards). They are a tick-based bar, just like other volume type bars, so you do need tick data. As a native bar type, they will work with most other indicators, pjsProfilebars, etc.
Download link below. Please note. This is NOT an indicator. It is a native bar type. If you send me an email saying you cannot find it in your indicator list after importing into NT8 in the usual way, well, may your beer turn sour…
