I would like to suggest an indicator similar to the LuxAlgo “Volume Delta Candles” concept in TradingView.
What I am looking for is a way to display the delta information directly inside or on the regular candlestick itself, without having to switch to a Footprint chart.
At the moment, ATAS gives very detailed delta information through Footprint charts, which is excellent for deeper order flow analysis. However, for normal chart reading I would find it extremely useful to see the delta of each candle directly integrated into the standard candlestick chart.
The main advantage would be speed and clarity.
For example, I often want to quickly see whether a bullish candle was supported by positive delta or whether price moved up despite negative delta. The same applies to bearish candles with positive delta. These divergences can be very useful for judging initiative, absorption, or the quality of a breakout.
A dedicated “Delta Candle” indicator would allow traders to read price action and delta at the same time without changing chart type or opening a separate Footprint window.
Ideally, the indicator could:
display the candle delta directly inside, below, or above each candle
optionally color the candle body or border according to delta
highlight price/delta divergence
keep the normal candlestick structure fully visible
work on all standard timeframes
For discretionary trading this would make delta much faster to read and would be especially useful for traders who use Footprint only as a secondary confirmation tool rather than as their main chart.
The attached screenshot shows how the indicator available in trading view (lux algo volume delta candles) looks like in trading view.
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Comments2
Anton
Sep 7
Please clarify your request or proposal.
Falk
Sep 9
I would like to suggest an indicator similar to the LuxAlgo “Volume Delta Candles” concept in TradingView.
What I am looking for is a way to display the delta information directly inside or on the regular candlestick itself, without having to switch to a Footprint chart.
At the moment, ATAS gives very detailed delta information through Footprint charts, which is excellent for deeper order flow analysis. However, for normal chart reading I would find it extremely useful to see the delta of each candle directly integrated into the standard candlestick chart.
The main advantage would be speed and clarity.
For example, I often want to quickly see whether a bullish candle was supported by positive delta or whether price moved up despite negative delta. The same applies to bearish candles with positive delta. These divergences can be very useful for judging initiative, absorption, or the quality of a breakout.
A dedicated “Delta Candle” indicator would allow traders to read price action and delta at the same time without changing chart type or opening a separate Footprint window.
Ideally, the indicator could:
display the candle delta directly inside, below, or above each candle
optionally color the candle body or border according to delta
highlight price/delta divergence
keep the normal candlestick structure fully visible
work on all standard timeframes
For discretionary trading this would make delta much faster to read and would be especially useful for traders who use Footprint only as a secondary confirmation tool rather than as their main chart.
The attached screenshot shows how the indicator available in trading view (lux algo volume delta candles) looks like in trading view.