Order imbalance indicator thinkorswim. They provide insights into market sentiment and potential trading opportunities. Footprint charts display the order flow of a security, showing buy and sell volume at various price levels. Setting Up the Indicator To set up the Thinkorswim order flow indicator, follow these steps: Open your Thinkorswim platform and navigate to the “Studies” section. This script brings together several unique features such as divergences, order flow, and volume-based sentiment analysis to provide traders The Thinkorswim order flow indicator is a powerful tool that helps traders visualize this data and make more informed trading decisions. Thinkorswim and NinjaTrader Indicators See the Indicator dropdown above for more details on specific indicators. Feb 17, 2026 ยท The NOII widget shows Net Order Imbalance Indicator data, while the Order Book widget displays Level II market depth. With Level 2, you can also see Auction Crossing Net Order Imbalance Indicator (NOII) data below the Market by Order (MBO). Both indicators are calculated based on the current chart range. . Imbalance indicators are two bars above the chart that display the following data in real time: Order Book Imbalance: The ratio of the difference between the numbers of buy and sell orders to their sum.
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