The OrderBook Imbalance section allows you to enable visual feedback and alerts when an imbalance between the Bid Limit orders and the Ask Limit Order Occurs. For a short explanation please view this video : Orderbook Imbalance - QuantSpark Technology
Show Imbalance Side
Sets the visibility of OrderBook Imbalances.
Imbalance Ratio
Sets the proportion ratio at which the imbalance visual displays.
Bid Side Imbalance Color
Sets the color for the Bid Side Imbalance.
Ask Side Imbalance Color
Sets the color for the Ask Side Imbalance.
Imbalance Calculation Mode
Sets the type of OrderBook Imbalance:
Proportional Imbalance
– Calculates the proportion to which the one side is proportional to the other.
Volume Order Imbalance
– Calculates the proportion of best interest on the bid side.
Sets Ask Side Imbalance Alerts. To view the Alerts Log window go to New menu within the NinjaTrader Control Center and selecting the menu item Alerts Log.
Sets the Ask side imbalance ratio to trigger the Alert.
Alerts- Ask Side Imbalance Sound Alert
Sets the sound alert for Ask Side OrderBook Imbalance alert. Can also be disabled by clicking in "x" on the right side of the property.
Alerts- Bid Side Imbalance
Sets Bid Side Imbalance Alerts. To view the Alerts Log window go to New menu within the NinjaTrader Control Center and selecting the menu item Alerts Log.
