easy · Order Flow Analysis footprint-delta

Why is it recommended to ignore the Δ of a bar that is pulling back to a long entry zone?

  1. Because pullbacks are always driven by passive limit orders, which do not affect Δ.
  2. Because a pullback naturally requires aggressive sellers to move price toward the zone, resulting in negative Δ.
  3. Because Δ is only accurate on volume-based charts, not time-based ones.
  4. Because Δ is a lagging indicator that only works in trending markets.

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