Volume FootPrints By SuvO
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Subrata Das
Hello! I am Subrata Das (Subho), a passionate Trader and professional MQL Developer from India. - 版本: 1.0
SUVO Order Flow Smart Footprint is a technical indicator for MetaTrader 5 designed to analyse volume activity, buying and selling pressure, liquidity levels and market direction across multiple timeframes.
The indicator combines several market analysis tools in one chart interface. It provides visual information about candle volume, estimated buy and sell volume, delta, cumulative volume delta, volume imbalance and liquidity sweeps.
MAIN FEATURES
Volume Analysis
Displays total volume, estimated buy volume and estimated sell volume for individual candles. The indicator can automatically select real volume when available or use tick volume.
Delta and Cumulative Volume Delta
Calculates the difference between estimated buying and selling volume. The indicator provides positive and negative delta values to help analyse market pressure over time.
Volume Imbalance
Identifies candles where estimated buying or selling volume is significantly higher than the opposite side. The imbalance ratio can be adjusted in the settings.
Volume Clusters
Displays visual markers when the absolute delta reaches the configured percentage of total volume. Separate colours are used for positive and negative delta.
Liquidity Sweep Analysis
Identifies price movements beyond previous candle highs and lows followed by a return inside those levels. Sweep levels can be displayed using lines, labels or markers.
Point of Control
Displays a candle-based reference price using selectable calculation methods, including Body Mid, HLC3, OHLC4 and Close.
MULTI-TIMEFRAME ANALYSIS
The indicator supports higher-timeframe candle displays, including H1, H4 and D1.
Available information includes previous highs and lows, sweep levels, candle direction, volume, delta, midpoint, POC and candle closing time.
HIGHER-TIMEFRAME DASHBOARD
A separate information panel provides volume, volume relative to its average, delta, buy and sell percentages, candle closing position, directional bias and a confidence score.
The directional bias is calculated using multiple candle and volume conditions. The confidence score represents the strength of the internal calculation and is not a probability of a profitable trade.
CUSTOMIZATION
Users can adjust volume sources, calculation methods, imbalance thresholds, cluster thresholds, colours, label positions, candle display settings, timeframes and alert options.
The indicator also supports configurable chart themes and visual display options.
INTENDED USE
SUVO Order Flow Smart Footprint can be used for scalping, intraday trading, price action analysis, volume analysis and multi-timeframe market research.
IMPORTANT
This indicator is an analytical tool and does not execute trades. Buy volume, sell volume and delta are estimated using candle price-position calculations. They do not represent actual exchange-level bid and ask transaction data.
The indicator does not guarantee trading results. Users should evaluate market conditions and apply their own risk management.
Developed by Subho
SUVO - INDIA
