OPEN-SOURCE SCRIPT
Mis à jour 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.
Notes de version
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.Notes de version
Chart updated to illustrate the yellow candle to highlight strong reversals indicated by divergence between volume delta and candle close direction.Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.