FootprintOrderflow

FOOTPRINTORDERFLOW: The Authoritative Guide ( This indicator is also compatible with economic providers that do not offer DOM data and BID/ASK data，It also supports various foreign exchange transactions， DEMO version，modleling must choose " Every tick based on real ticks" )

1. Overview

FOOTPRINTORDERFLOW is an advanced Order Flow analysis tool designed for MetaTrader 5 (MT5). Unlike traditional candlestick charts that only show OHLC (Open, High, Low, Close), this indicator parses real-time Tick data to visualize the microstructure inside every candle.

It helps you answer:

• Who is in control? (Aggressive Buyers vs. Sellers)

• Where is the volume? (Institutional accumulation/distribution zones)

• Is the price accepted? (Based on Duration and Value Areas)

• Is the trend exhausted? (Identified via Divergence signals)

• Should critical deviations be reminded? (Send MT5 pop-up warnings via deviation signals and push notifications to mobile devices)

2. Interface & Core Features

2.1 Standard Footprint View

In standard mode, the candle is split into price levels (Bins):

• Left Number (Bid/Sell): Represents Aggressive Selling volume (Market Sells hitting the Bid).

• Right Number (Ask/Buy): Represents Aggressive Buying volume (Market Buys lifting the Ask).

• Heatmap Background: Darker/Brighter colors indicate higher total volume at that specific price, visualizing liquidity clusters.

• Imbalance Highlights:

  • Definition: When the volume difference between diagonal bids and offers exceeds a set threshold (default 3:1).

  • Visual: The background turns Cyan (Buy Imbalance) or Yellow (Sell Imbalance).

  • Meaning: Indicates overwhelming aggressive pressure from one side.

2.2 Microscope Mode - The Core Feature

When enabled, the candle width expands (default 4.5x) to reveal granular data:

1. Left Sidebar: Displays Total Volume or Total Delta (Configurable). Useful for spotting P-shape or b-shape profiles.

2. Right Sidebar: Displays Duration (Time) spent at that price.

   • Time = Acceptance. The longer price stays at a level, the higher the market acceptance.

3. Core Delta Bars:

   • Located between the buy/sell numbers.

   • Green bar to the right: Positive Delta (Net Buying).

   • Red bar to the left: Negative Delta (Net Selling).

4. DM Label: Marks the price level with the Maximum Absolute Delta inside the candle (the "battleground").

3. Intelligent Summary Box

In Microscope Mode, a semi-transparent data panel floats below each candle. This is your primary decision-making tool.

4. Deep Dive: Divergence & Market Sentiment

Divergence is one of the most reliable reversal signals in Order Flow trading. The indicator automatically detects:

4.1 Delta Divergence

• Scenario:

  • Bullish Divergence: Candle closes DOWN (Bearish), but Delta is POSITIVE (Net Buying).

  • Bearish Divergence: Candle closes UP (Bullish), but Delta is NEGATIVE (Net Selling).

• Sentiment:

  • Absorption: Bearish divergence implies that despite aggressive buying (Positive Delta), price couldn't rise. This means Limit Sell Orders (Icebergs) absorbed all the buying. This is a strong reversal signal.

4.2 Structural Divergence (VPOC/TPOC Location)

The indicator analyzes where the POC formed relative to the candle body (Top vs. Bottom).

• Bullish Top Divergence (Warning):

  • Scenario: Big Green Candle, but VPOC/TPOC remains at the Bottom.

  • Sentiment: Price rallied on low volume at the highs. This is often "Short Covering" or "Retail Chasing." Lacking institutional support at the high, it is a Weak Rally prone to retracement.

• Bullish Bottom Divergence (Healthy):

  • Scenario: Green Candle, VPOC at the Bottom (near Open).

  • Sentiment: Strong base building. Buyers absorbed sellers at the low and pushed price up. This is a Healthy structure.

• Bearish Top Divergence (Healthy):

  • Scenario: Red Candle, VPOC at the Top.

  • Sentiment: Sellers defended the high and pushed price down. Healthy structure.

Summary Box Example:

VPOC Status: Bull Top Div (Highlighted Yellow) -> Caution: Longs may be trapped; high prices rejected.

4.3 Volume Burst

• Scenario: Current candle volume is > 2x the average of the previous two candles.

• Sentiment:

  • At Breakout: Validates the move.

  • After long trend: Suggests Climax/Exhaustion.

5. Parameter Configuration Guide

Adjust these settings based on your asset class:

🔧 Core Settings

• InpPriceStep: Most Critical Parameter.

  • Defines the size of each "bin" (price aggregation).

  • Forex (EURUSD): Try 0.00005 (5 points) or 0.00010 (10 points). Too small = too much noise; too big = loss of detail.

  • Gold (XAUUSD): Try 0.1 (10 cents) or 0.5 .

  • Indices (US30): Try 1.0 or 5.0 .

• InpMaxBarsToDraw: Number of candles to render. Keep between 200-500 to maintain performance.

Microscope Mode

• InpMicroscopeMode: Set to true to enable the zoom and summary box.

• InpMicroZoomScale: Zoom factor. Default is 4.5 (450% width).

  • If text overlaps, increase to 5.0 or 6.0 .

  • If chart is too wide, decrease to 3.0 .

• InpMicroscopeTextMode:

  • Percentage : Shows % of total volume. Good for distribution analysis.

  • Value Coefficient : Shows (Current Vol / Average Vol). Value > 1.0 means high activity.

Colors & Alerts

• InpImbalanceRatio: Threshold for coloring imbalances (Default 3.0 ).

• InpColorHighlight: Color for warning text in the Summary Box (Default Yellow ).

• InpAlert...: Enable popup/push notifications for specific divergence types.

6. Installation & Usage

1. Download the footprintdorderflow.

2. Drag the indicator onto your chart.

3. Important: On first load, you will see "Syncing History (Calculating Vol)...". The indicator is downloading high-precision Tick data. Please wait a few seconds to a few minutes depending on your internet and history depth.

4. Tip: Use Ctrl + Mouse Scroll or drag the price scale to adjust the chart height for the best visual experience.

Disclaimer: Footprint charts reveal past microstructure. While they significantly improve probability, no indicator guarantees future price movement. Use in conjunction with your broader trading strategy.