"Delta Footprint Bid x Ask" logo
Delta Footprint Bid x Ask
"Delta Footprint Bid x Ask" uploaded image
"Delta Footprint Bid x Ask" uploaded image
Since 15/01/2025
6
Sales

What's Included:

  1. Overview - What the indicator does
  2. Footprint Concept - What is footprint trading
  3. Detailed Calculation Method - How the volumes are calculated:
    • Price level creation
    • Volume distribution algorithm
    • Buy/sell split logic
    • Example calculations
  4. Volume Display Explanation - What "45x120" means
  5. Delta Interpretation - Positive, negative, and cumulative
  6. Key Features - Imbalances, POC, volume bars
  7. Order Flow Theory - Bid vs Ask explanation
  8. Important Limitations - Honest explanation that it's estimated, not real tick data
  9. Trading Applications - 5 real-world trading scenarios
  10. Settings Guide - Complete explanation of all parameters
  11. Timeframe Recommendations - Best settings for different styles
  12. Tips & Best Practices

Key Points About Calculation:

The document clearly explains that:

Volumes are ESTIMATED - because cTrader doesn't provide real tick data Algorithm is intelligent - uses multiple factors (candle type, price position, close proximity) Patterns are accurate - relative relationships mirror real order flow Honest about limitations - explains when you need real exchange data Shows exact formulas - complete transparency on calculations

This gives users realistic expectations while highlighting the value of the indicator! 📊

Indicator profile
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BTCUSD
Forex
Signal
Indices
EURUSD
Commodities
GBPUSD
NZDUSD
Prop
Scalping
Supertrend
Crypto
Stocks
XAUUSD
NAS100
Fair Value Gap (FVG)
USDJPY
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Since 15/01/2025
6
Sales