These conditions must be met for the Footprint Reversal Pattern (Sell example):
- Down-bar
- Sell Imbalance zone is near the top of the bar
- Three merged POCs at the middle or higher half of the bar
- Sell Delta Rate at the top (optional?)
These values should be adjusted for the traded instrument
- Imbalance, %
- Imbalance volume filter
The mzFootprint indicator should be applied to Range bar type
Download NinjaTrader 8 chart template. MZpack 3.16.2 or later required.
