Orderblock Footprint
- Indicatori
- Israr Hussain Shah
- Versione: 1.0
- Attivazioni: 5
Advanced Orderblock Footprints & Absorption
Tagline: Combine Smart Money Concepts (SMC) with Order Flow Footprints to find high-probability reversals.
Overview:
Stop guessing which Order Blocks will hold. Orderblock Footprints takes standard Supply & Demand zones to the next level by looking inside the candles.
This indicator does not just draw boxes; it analyzes the statistical intensity of price moves (Z-Score) to identify valid Order Blocks. Once price returns to these zones, it uses multi-timeframe analysis (M5 data) to simulate Footprint Charts, detecting "Absorption" events where aggressive buyers or sellers are trapped.
Key Features:
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🟦 Z-Score Order Blocks: Automatically draws high-probability Bullish and Bearish zones based on statistical momentum, reducing noise.
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👣 Simulated Footprints: Uses lower timeframe (M5) tick volume to analyze buying and selling pressure inside the wicks of current candles.
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🧽 Absorption Detection: specific alerts and labels (e.g., "▼ 15%") appear when the indicator detects trapped traders (e.g., aggressive buying in a wick that results in price closing lower).
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📊 Volume Delta Logic: Visualizes the battle between bulls and bears directly on the chart without needing complex external tools.
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🔔 Real-Time Alerts: Get notified immediately when a new Order Block forms or when an Absorption signal is confirmed.
