Signal-Execution-Labs Volume Footprint Analysis
Advanced volume analysis at each price level within candles.
Overview
Inspired by TradingView's Pine v6 footprint API (Premium feature), this skill analyzes buy/sell volume at discrete price levels within each bar.
Features
- Footprint Charts: Volume profile within each candle
- Delta Analysis: Buy vs sell volume imbalance
- Point of Control (POC): Highest volume price level per bar
- Value Area: 70% of volume concentration (VAH/VAL)
- Imbalance Detection: Aggressive buying/selling zones
- Absorption Detection: Large orders absorbing price movement
- Volume Clusters: Multi-bar volume accumulation zones
Metrics
- Delta (buy - sell volume)
- Delta %
- Cumulative Delta
- Total volume
- POC price
- Value Area High/Low
- Imbalance ratio
Configuration
footprint:
tickSize: 10 # Ticks per row
method: "time" # time, tick, volume, range
showDelta: true
showPOC: true
showValueArea: true
showImbalance: true
imbalanceRatio: 300 # 3:1 ratio for imbalance
Alerts
- POC break
- Delta divergence
- Volume imbalance detected
- Absorption pattern
Use Cases
- Identify institutional order flow
- Find support/resistance via volume clusters
- Detect hidden buying/selling pressure
- Confirm breakouts with volume