13. 50 percent {(50%) (The 50 percent Body/imbalance candle/indicator)}
The 50 percent balance candle is a valuable tool for determining proper supply and demand levels. This tool can help you find the right candles because we all know how to determine an imbalance/indecision candle. As the name implies, this indicator highlights all levels where there is or was a price imbalance. All other candles, such as engulfing and so on, are excluded by using a different color. I will show you how and where you can spot them in the examples below.
The color white is used to indicate all imbalance candles in this example.
As you can see from the highlighted color code, I have highlighted the imbalance candles, which indicate that the price has reached an imbalance level and that there are still orders. At that specific level of the candle imbalance, a clear order block from the institutions and banks, the “big boys” We usually dive deep into such a level to trigger all those orders and then fill the orders until the next order block reaches the supply & demand level where the profit is taken.
The location of new or possibly old orders is then determined.
After a break from a support, we see two imbalance/supply levels above each other. Following that, the price pulls back to fill the last orders, and we see the price push in a bearish direction everywhere. There were also more sellers than buyers, indicating that the market is in a bearish trend. Again, in this example, you can see how beautiful the imbalance candles can be when using the “50 percent body indicator.”
I will go over how we should view the market from the perspective of a bank/institution in more detail below.
With billions of orders per day, the market is nothing more than a supply and demand device.
As you can see above, I want you to look at the market not just in terms of support and resistance but also in terms of supply and demand (order blocks) everywhere!