This indicator estimates volume delta using lower timeframe data and maps buying and selling pressure across horizontal price stripes directly on the price chart.
1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Volume Delta Footprint Map (Zeiierman) divides recent price action into discrete rows, accumulating positive and negative delta over a set lookback period. Visual intensity steps and transparency highlight stronger delta concentrations, while persistence settings define how long delta clusters endure. Users can toggle automatic lower timeframe selection, adjust row count, filter by minimum strength, and create gaps when price touches stripes.
Lower timeframe volume delta estimation
Horizontal price stripe footprint mapping
Configurable delta persistence and intensity steps
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Automatic lower timeframe
bool
true
auto
Manual lower timeframe
timeframe
1
tfIn
Lookback bars
int
120
lb
Price stripes
int
26
rows
Delta persistence
int
12
life
Minimum stripe strength
float
0.12
minS
Intensity steps
int
7
steps
Create gap when price touches stripe
bool
true
hide
Positive delta
color
color.rgb(0,220,165)
pos
Negative delta
color
color.rgb(255,70,78)
neg
Stripe thickness
float
0.18
thick
Weak transparency
int
88
weakT
Show all 13 settings
Setting
Type
Default
Variable
Strong transparency
int
8
strongT
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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