OPEN-SOURCE SCRIPT
Atualizado Delta Manipulation Footprint
Introduction
The Delta Manipulation Footprint indicator highlights significant shifts in volume delta between consecutive candles, helping traders visually identify potential market manipulation or strong buying/selling pressure. By analyzing the difference in buy and sell volume (delta) and its changes over time, this indicator reveals aggressive market behavior often associated with big players.
Key Features
- Calculates the absolute difference of volume delta between candles, maintaining the direction of change.
- Uses a customizable moving average and threshold multiplier to filter meaningful volume shifts.
- Colors candles green when delta difference is notably increasing, and red when decreasing, for clear visual signals.
- Fully overlays the main price chart, painting candles directly for intuitive interpretation.
How to Use
Apply this indicator to your price chart to instantly visualize periods of significant volume delta shifts. Look for green candles signaling rising buying pressure and red candles showing increasing selling pressure. Adjust the moving average length and threshold multiplier inputs to tune sensitivity to your trading style or particular market behavior. Use in conjunction with other price action and volume indicators to confirm signals and improve trade timing.
This tool is ideal for traders aiming to spot footprint-like manipulations in volume delta, aiding in the detection of institutional activity and potential market turning points.
The Delta Manipulation Footprint indicator highlights significant shifts in volume delta between consecutive candles, helping traders visually identify potential market manipulation or strong buying/selling pressure. By analyzing the difference in buy and sell volume (delta) and its changes over time, this indicator reveals aggressive market behavior often associated with big players.
Key Features
- Calculates the absolute difference of volume delta between candles, maintaining the direction of change.
- Uses a customizable moving average and threshold multiplier to filter meaningful volume shifts.
- Colors candles green when delta difference is notably increasing, and red when decreasing, for clear visual signals.
- Fully overlays the main price chart, painting candles directly for intuitive interpretation.
How to Use
Apply this indicator to your price chart to instantly visualize periods of significant volume delta shifts. Look for green candles signaling rising buying pressure and red candles showing increasing selling pressure. Adjust the moving average length and threshold multiplier inputs to tune sensitivity to your trading style or particular market behavior. Use in conjunction with other price action and volume indicators to confirm signals and improve trade timing.
This tool is ideal for traders aiming to spot footprint-like manipulations in volume delta, aiding in the detection of institutional activity and potential market turning points.
Notas de Lançamento
The Delta Manipulation Footprint indicator has been updated to addresses a rare but impactful case where the aggregated delta and the delta difference can show opposite directions (yellow candles). As a result, traders can expect clearer visual cues distinguishing between rising and falling buying or selling pressure, enhancing the indicator’s ability to reveal market manipulation and big player activity.Notas de Lançamento
Chart updated to illustrate the yellow candle to highlight strong reversals indicated by divergence between volume delta and candle close direction.Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.