Summary of "馃幆 Footprint Price Action Pro TFlab NinjaTrader 8 Indicator - Professional Settings Guide"
Summary of “馃幆 Footprint Price Action Pro TFlab NinjaTrader 8 Indicator - Professional Settings Guide”
This video provides an in-depth tutorial and professional guide on configuring and using the Footprint Price Action Pro indicator by TFlab for NinjaTrader 8. It covers a wide range of features, settings, and filters available in the indicator, focusing on footprint chart analysis, volume and delta data, session grids, and various advanced signals. The guide is structured around exploring each setting category in detail, explaining their purpose, how to customize them, and how they appear visually on the chart.
Key Technological Concepts and Features Covered
1. General Settings and Filtering Modes
- Modes: AI, Automatic, Manual filtering.
- AI mode recalculates and reloads the chart using contract delta, trading volume, tick data.
- Automatic mode divides the day into 24 hours and calculates averages for filtering.
- Manual mode uses user-defined filter settings.
2. Session Grid
- Displays major global trading sessions (Sydney, Tokyo, Shanghai, Frankfurt, London, New York).
- Sessions are color-coded and configurable for alert modes (e.g., color changes 30 mins before session start).
- Includes kill zones with high buying/selling volume and liquidity.
- Colors and intensities customizable for session start, end, and power of close.
3. Footprint Candlestick Customization
- Left and right sides correspond to sell and buy data respectively.
- Users can specify what data to display: buy/sell volume, delta, contracts, etc.
- Precise configuration needed for correct data alignment and display.
4. Volume Profile
- Shows volume area percentage (default 68%) and point of control (PO).
- PO line customizable (color, style, thickness).
- “Show POKE signal” highlights volume clusters on candle shadows with color coding.
5. Imbalance Filters
- Candlestick imbalance based on buyer/seller volume ratio and minimum volume.
- Tick imbalance with adjustable coefficient and minimum volume.
- Colors and borders for buyer/seller imbalance boxes customizable.
6. Support and Resistance (S/R) Levels
- Highlights key S/R levels based on tick counts.
- Modes: Close or Touch for defining S/R.
- Color, intensity, and thickness of S/R lines customizable.
7. Big Volume Filters
- Filters large volume candles with two threshold levels.
- Volume bars and table reports show filtered volumes with color and border customization.
- Separate settings for buy and sell sides.
8. Big Delta Filters
- Filters and displays large delta values on candles and ticks.
- Two filter levels with customizable colors, font, border, and size.
- Delta displayed in bar report or table report.
9. Buy Contracts
- Displays buy contract counts on candles and in table reports.
- Two filter levels with adjustable thresholds and colors.
- Contract tick display available with similar customization.
10. Big ATS (Average Trade Size)
- Shows ATS bars and ticks filtered by size.
- Two filter levels with customizable colors, borders, font intensity, and size.
- ATS values shown on candles or in table reports.
11. Volume Marker
- Highlights specific volume levels on candles.
- Adjustable filter for volume threshold, side of display, colors, size, and distance from candle.
12. Delta Marker
- Marks delta values on chart with filters for minimum delta.
- Customizable side display, colors, border, size, and distance.
13. Contract Marker
- Filters and displays contract counts at price levels.
- Customizable display side, colors, border, size, and distance.
14. ATS Marker
- Filters ATS values and displays them on chart.
- Customizable side, colors, intensity, border, size, and distance.
15. Delta Divergence Signal
- Detects divergence between price and delta.
- Signals shown as arrows at tops and bottoms of price moves.
- Filters include volume, delta ratio, candle type, session delta.
- Customizable colors, borders, size, and distance.
16. Tick Fishing and Bar Fishing
- Tick fishing: identifies fishing events on price ticks.
- Bar fishing: identifies fishing at candle highs and lows.
- Filters for latency, duration, minimum volume, and number of ticks.
- Customizable colors, shapes, borders.
17. Single Print and Large Print
- Large print highlights areas with significant volume over multiple ticks.
- Single print highlights volume at single price ticks.
- Filters include daily high/low zones, coefficients.
- Customizable colors, border styles, intensity, and thickness.
18. Ratio Bar and Spread Bar
- Ratio bar compares volume between consecutive candles.
- Spread bar highlights candles with high spreads indicating volatility.
- Customizable colors, borders, intensity.
19. Liquidity Absorption Areas
- Identifies zones where liquidity is absorbed based on tick tolerance, bar count, and cumulative volume.
- Customizable display options: colors, borders, intensity, thickness.
20. Fishing Rate Buy/Sell Signals
- Combines fishing events with delta divergence to generate buy/sell signals.
- Filters include delta divergence, bar fishing, tick fishing.
- Customizable colors, borders, size, and distance.
21. Aggressive Buy/Sell Signals
- Signals based on delta divergence, candle direction, delta ratio, volume ratio.
- Filters for max/min delta, session delta, candle type.
- Customizable colors, borders, font, size, and distance.
22. Passive Buy/Sell Signals
- Opposite of aggressive signals; based on delta convergence.
- Filters similar to aggressive signals with settings for delta mode, candle type, volume ratio.
- Customizable display options.
23. Volume Boost Signal
- Signals based on volume surges compared to previous candles.
- Filters include minimum volume, ATS, delta convergence, candle movement.
- Customizable colors, borders, font, size, and distance.
24. Bar Report and Table Report
- Options to display detailed data directly on candles or in a table below the chart.
- Data includes buy/sell percentages, min/max delta, delta change %, ATS, contract count, volume.
- Customizable colors, borders, intensity, thickness.
- Table report includes cumulative delta for the session.
25. Delta Convergence Signals
- Signals generated when delta converges with price movement.
- Separate buy and sell filters with volume, delta ratio, ATS, session delta, candle type.
- Customizable colors, borders, size, and distance.
Tutorials and Guides Provided
- Step-by-step walkthrough of accessing and configuring each filter/setting.
- How to reload the indicator/chart after changing computational settings.
- Visual examples of signals and filters applied on EUR/USD charts.
- Tips on adjusting colors, intensities, borders, and sizes for clarity.
- Advice on combining filters and signals for customized strategies.
- Explanation of the significance of each filter and signal in footprint trading.
Main Speakers / Sources
- The video is presented by an expert user or developer familiar with the Footprint Price Action Pro indicator by TFlab.
- The speaker provides detailed explanations and live demonstrations within the NinjaTrader 8 platform.
- The content is instructional, aimed at traders wanting to optimize footprint chart analysis using this advanced indicator.
Overall
This video is a comprehensive professional guide and tutorial on mastering the Footprint Price Action Pro indicator by TFlab for NinjaTrader 8. It covers all major features, filters, and signals in detail, helping users customize the indicator to their trading style and improve footprint chart analysis for volume, delta, liquidity, and price action insights.
Category
Technology
