RS: Footprint — Indicator by inversionflow

Volume footprint delta

This is live only Footprint indicator.

Warning: TV does not provide tick by tick data and updates come in snapshots. Based on this, this indicator can never show precisely what is happening on the bid/ask. What it shows is only an approximation that works well enough if the tape is not too fast.

Use it at your own risk, with the warning above in mind!

Footprint can be used in two modes:

Delta - with bid/ask delta numbers on the left, at the same price level and the total volume numbers on the right
Bid vs Ask - with the bid on the left and the ask on the right; the coloring is based on the diagonal difference

Zoom in to fit the candles; optionally hide default candles.

Release Notes:

Minor cleanup

Release Notes:

Naming

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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