Footprint Engine MT4
- Indicators
- Version: 1.0
Footprint Engine MT4 is a synthetic technical analysis tool that provides an "X-ray vision" look inside a standard candlestick dataset.
Three Visualization Modes
-
Bid/Ask (Classic): A two-sided profile displaying estimated buy and sell tick-volume distribution at each price level, reconstructed from 1-minute OHLC and tick-volume bars.
-
Delta (Net Aggression): A focused one-sided profile highlighting the Net Delta (market buys minus market sells) reconstructed from 1-minute OHLC and tick-volume bars
-
Volume Profile: A one-sided profile mapping the total traded volume , essential for identifying high-volume nodes, liquidity acceptance, and areas of value.
Features
-
Bar Close Metrics: Calculates Footprint candles and highlights key structural level including Point of Control (POC), Value Area High (VAH), and Value Area Low (VAL) for every confirmed closed bar.
-
Imbalance Detection: Flags aggressive liquidity consumption and stacked imbalances between price levels. Supports Asymmetric and Symmetric imbalance detection.
-
Tick Volume Compatibility: Supports Tick volume data. Because MT4 does not provide native historical tick-by-tick data, footprint rows are estimated from 1-minute OHLC and tick-volume bars.
-
Delta Matrix: A comprehensive metrics table featuring Index, Δ Delta, Delta, and Total Volume for a comprehensive volumetric analysis.
-
Custom Canvas Rendering: Utilizes an advanced custom bitmap canvas to deliver ultra-smooth, flicker-free and zoom indipendent rendering of Footprint candles, ensuring peak performance without lag.
Note: MT4 does not provide native historical tick-by-tick data, so the row values and buyer/seller split are approximations, not exact Bid and Ask traded volumes.
Support & Feedback: Need help with setup or configuration? Feel free to message me directly on MQL5 for dedicated technical support. If you find Footprint Engine MT4 valuable for your trading, please consider leaving a positive review.
