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Improvement for Footprint chart Ratios by M. Valtos and COT (like GOMI Tools)

Profiles & volume

GOMICATOR is probably the golden standard when it comes to orderflow analysis. You can find a description of the indicator characteristics here:

https://www.gomicators.com/order-flow/

I would very much appriciate if there would be a possibility to update the ATAS oderflow charts by adding the two following indicators in the future. If there is a wish list please add on the following:

a. Ratio by M Valtos

b. COT High/Low as established within the GOMI Tools (sse link and description above)

Both concepts a very useful Tools for orderflow Trader and meanwhile state of the art

Posted by An Anonymous User ·
Status: Completed2 comments

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Comments2

  • Shane

    •

    Jul 6

    I know that this is over 3 years old, but here are a couple of examples of the footprint ratios that are used by Valtos. Take a look at the attached explanations and screenshots:

    For the bearish candles, the ratio calculation would be printed on the top and for the bullish ones, the ratios would be on the bottom. For doji’s or candles with no body, no ratios would be displayed at all.

    Looking at circle “1”, you would have 219/37 = 5.919 and I would determine that to be a price rejection if the candle had small or single prints as the last volume number and the ratio was calculated to be greater than 1.

    For circle “2”, the ratio would be 0.906, and I would consider the last print (203) to be the stopping volume since the ratio would be calculated to be less than 1.

    Circle “3” is an example of a Doji whereby no ratio would be calculated and circle “4” with its single print of “7” and ratio of 17.28 (calculated 121/7) is what I would call another price rejection.

  • Andrei Rinas

    Team•

    Sep 14, 2023

    COT High/Low has been added.

    Ratio by M Valtos - please send additional information about how this indicator should be calculated and we will add it