What Is a Diagonal Imbalance?
Diagonal imbalance compares ask volume at one price level with bid volume at the adjacent lower price level, or vice versa.
It helps identify aggressive buying or selling pressure within a footprint candle.
For example, significantly higher ask volume compared with the bid volume below it may indicate buying imbalance.
Multiple consecutive imbalances can form a stacked imbalance.
Understanding diagonal comparison is essential for reading footprint charts correctly.
Do you use diagonal or horizontal imbalance settings?