OPEN-SOURCE SCRIPT
Footprint Delta Divergence
# Overview
This indicator automatically detects **delta divergences** on your chart — a powerful signal derived from order flow analysis. When price makes a new extreme but the underlying buying/selling pressure (delta) fails to confirm, it often signals an impending reversal. This is the core concept behind footprint chart divergence trading, now fully automated.
## What Is Delta Divergence?
In footprint analysis, **delta** represents the net difference.
## Overview
This indicator automatically detects **delta divergences** on your chart — a powerful signal derived from order flow analysis. When price makes a new extreme but the underlying buying/selling pressure (delta) fails to confirm, it often signals an impending reversal. This is the core concept behind footprint chart divergence trading, now fully automated.
## What Is Delta Divergence?
In footprint analysis,
This indicator automatically detects **delta divergences** on your chart — a powerful signal derived from order flow analysis. When price makes a new extreme but the underlying buying/selling pressure (delta) fails to confirm, it often signals an impending reversal. This is the core concept behind footprint chart divergence trading, now fully automated.
## What Is Delta Divergence?
In footprint analysis, **delta** represents the net difference.
## Overview
This indicator automatically detects **delta divergences** on your chart — a powerful signal derived from order flow analysis. When price makes a new extreme but the underlying buying/selling pressure (delta) fails to confirm, it often signals an impending reversal. This is the core concept behind footprint chart divergence trading, now fully automated.
## What Is Delta Divergence?
In footprint analysis,
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.