The TTM Force Imbalance Oscillator

Just published a new free indicator on TradingView — TTM Force Imbalance Oscillator

Most oscillators tell you direction. This one tells you WHO IS WINNING.

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tradingview.com/script/lOq6vpKo

The idea is simple but underexplored:

Separately track the average SIZE of up-moves vs down-moves over a rolling window.

When buyers are winning LARGER bars than sellers — even in a sideways market — that’s accumulation pressure building.

When sellers win larger bars, you get distribution pressure.

The oscillator plots that imbalance normalized from -1 to +1.

Zero = perfect symmetry. The further from zero, the more one side is dominating.

What makes it different from RSI or momentum indicators:

RSI also compares up-moves to down-moves, but it’s tuned for overbought/oversold extremes.

TTM FIO is tuned differently: it asks which side is currently winning the SIZE battle, centered at zero, so you can read accumulation vs distribution pressure across timeframes in real time.

It includes a Multi Time-Frame dashboard with W / D / 1H / 20m / 5m bias all on one table.

Right now on TSLA for example:

• W: Neutral

• D: Bear Bias

• 1H: Bull Bias

• 20m: Neutral

• 5m: Neutral

That divergence between D and 1H is worth watching.

Free and open source on TradingView.

Search: TTM Force Imbalance Oscillator

or direct link: tradingview.com/script/lOq6vpKo

More tools at TradingTimeMachine.com

Dave

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Via https://backtest.substack.com/p/the-ttm-force-imbalance-oscillator