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