Order Flow and Footprint Charts

Lessons in this module

1. 23.1

   Order flow vs the order book

   Understand how order flow differs from the ordinary order book

   13 minAccess in Telegram

2. 23.2

   Footprint charts: how they work and how to read them

   Learn to read footprint charts

   14 minAccess in Telegram

3. 23.3

   Delta and Cumulative Volume Delta

   Use delta and CVD to assess real supply and demand, and know what history showed: delta estimated from candles matches the real one in sign in only 64-68% of five-minute candles, no better than the candle's own colour; the real delta is only visible in the trade tape

   14 minAccess in Telegram

4. 23.4

   Absorption and imbalance

   Recognize volume absorption and imbalance at a level

   14 minAccess in Telegram

5. 23.5

   Finding iceberg orders

   Find signs of hidden large orders

   13 minAccess in Telegram

6. 23.6

   Tools and data access (Bookmap, ATAS, Exocharts)

   Get to know order flow platforms and data sources

   12 minAccess in Telegram

7. 23.7

   Practice: breaking down a move through the footprint

   Break down a real price move through a footprint chart

   15 minAccess in Telegram

8. 23.8

   The developing profile: POC and VA over time

   Look at the profile not as a final picture but as a process: where the point of control stood an hour ago and where it is creeping

   14 minAccess in Telegram

9. 23.9

   POC migration as a signal

   Read a shift of the point of control up or down as a change in where the market considers the price fair

   13 minAccess in Telegram

10. 23.10

    Delta by price level

    Spread the balance of buyers and sellers over price levels rather than over time: footprint in a profile projection

    14 minAccess in Telegram

11. 23.11

    Volume heat intensity by level

    See volume density as color and tell a real node apart from a random spike on a single bar

    12 minAccess in Telegram

12. 23.12

    The recalculation budget: when optimization breaks the calculation

    Understand the cost of heavy calculations and why “recalculate every N bars” is not safe for every function

    12 minAccess in Telegram

13. 23.13

    Value Area: VAH, VAL and what lies between them

    Build the area where 70% of volume traded and read its boundaries as a map of where trading happened, and a move outside them as a change of context; in crypto history the POC did not attract price, a rejection from VAH did not reverse it, and the “80% rule” was not confirmed

    13 minAccess in Telegram

14. 23.14

    HVN and LVN: nodes and gaps in the profile

    Tell levels where price lingered apart from corridors it skips through, and understand why they call for different decisions

    13 minAccess in Telegram

15. 23.15

    Magnet and route: where price will go for liquidity

    Combine the POC, nodes, zones and blocks into one estimate of the nearest target up and down, and understand that it is a map of attraction, not a forecast

    14 minAccess in Telegram