Sierra Trading offers a specialized suite of studies designed to extract actionable signals from bars, which traders typically do by closely observing Footprint charts. These tools focus on auction completion, exhaustion, imbalance, and structural inefficiency—giving active traders a precise read on market behavior beneath the surface of price.
Whether you’re trading reversals, reading tape, or mapping high-probability re-test zones, these studies provide an essential edge.
Auction Edge Detection from Volume Tapering
Candle Taper identifies points where aggressive buyers or sellers exhaust themselves—signaling potential reversal or pause zones. By analyzing bid/ask tapering at bar extremes, it highlights likely auction completion in real time.
Use it to:
Detect High-Impact Order Flow Imbalances
Ended Auction highlights bid/ask imbalances at key extremes, flagging potential turning points where one side has overpowered the other. Filters like proximity to highs/lows and imbalance clusters reduce false positives.
Use it to:
Pinpoint Buyer/Seller Fatigue with Volume Analysis
This study scans each bar for signs of order flow exhaustion. Visual markers and alerts are triggered when volume dynamics suggest momentum is drying up—ideal for timing trades against overextended moves.
Use it to:
Visualize Weak Auction Areas Likely to Be Revisited
Poor Structure maps price levels with low bid/ask volume—indicating areas of unfinished business. These zones often act as magnets for price and are useful for context and target setting.
Use it to:
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