Footprint Imbalance Reversal Zones

The script detects blowouts and displays buy and sell volume as levels.

Green lines = bullish zones (potential support / buying pressure)

Red lines = bearish zones (potential resistance / selling pressure)

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Trade ideas:
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Price approaching a green zone → potential bounce/support.

Price approaching a red zone → potential rejection/resistance.

Combine with other indicators or price action for confirmation.

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Configuration
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Inputs:

Imbalance Threshold (%) → higher = only very strong imbalances trigger zones

Bars to form cluster → number of consecutive imbalance bars needed

Zone Extend Bars → how far each zone line extends into the future

Minimum bar volume → ignore low-volume bars for cleaner zones

Use tick-rule volume estimate → leave true if no real bid/ask data

Max saved zones → max number of zones stored (oldest removed if exceeded)


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Tips
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Best used on intraday or short-term charts where volume imbalances are meaningful.

Adjust Minimum bar volume to filter out low-volume noise.

Combine with candlestick patterns, RSI, or moving averages for higher-probability trades.

For long-term charts, consider increasing Bars to form cluster to capture stronger levels.
Combine with price action, candlestick patterns, or other indicators for better trade signals.