The indicator analyzes footprint data and identifies absorption levels using the imbalance method, where significant order volumes indicate potential support or resistance zones.
To add and set up the indicator, open the Indicators settings window.
Indicator's settings
Visualization
| Name | Description |
|---|---|
| Bullish color | Sets the color for elements with a bullish direction. |
| Bearish color | Sets the color for elements with a bearish direction. |
| Line width | Determines the width of the displayed line. |
Calculation
| Name | Description |
|---|---|
| Days look back | Refers to the number of previous days taken into account when calculating an indicator. |
| Ratio | Defines the minimum value of the ratio. |
| Stacked levels | Determines the number of consecutive price levels found during the calculation. |
| Minimum Volume | Volumes that are less than the value set in this filter will be ignored. |
| Last Bar | Determines whether calculations will be made on the last (not closed) bar. |
Alerts
| Name | Description |
|---|---|
| Use Alert | Enables or disables the sound notification. |
| Approximation alert | Determines whether an alert is issued when the price approaches a certain level. |
| Alert File | This parameter allows users to specify the name of a custom audio file for alert sounds. Users can select a WAV file that will be played whenever an alert condition is triggered. The chosen WAV file should be located in the folder C:\Program Files (x86)\ATAS Platform\Sounds. |
Info
| Name | Description |
|---|---|
| Version | Defines the current version number of the indicator. |
| Author | Displays the author's name or pseudonym. |
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