Orderblock Footprint

Orderblock Footprint

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:

• ? Z-Score Order Blocks: Automatically draws high-probability Bullish and Bearish zones based on statistical momentum, reducing noise.

• ? Simulated Footprints: Uses lower timeframe (M5) tick volume to analyze buying and selling pressure inside the wicks of current candles.

• ? 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).

• ? Volume Delta Logic: Visualizes the battle between bulls and bears directly on the chart without needing complex external tools.

• ? Real-Time Alerts: Get notified immediately when a new Order Block forms or when an Absorption signal is confirmed.