Footprint Chart
Volume profile displayed at each price level within candlesticks.
Structure
- Candlestick framework
- Volume shown horizontally at each price
- Left = buyers, Right = sellers (typical)
- Color-coded by aggression
What It Shows
- Volume at price: Where trading occurred
- Buy vs sell: Aggressive buying/selling
- Support/resistance: High volume nodes
- Absorption: Large volume at key levels
Footprint Types
- Bid/Ask: Shows aggressive buyers vs sellers
- Total volume: All volume at price
- Delta: Net buy/sell volume
- Cumulative: Running total
When To Use
- Day trading
- Scalping
- Institutional analysis
- Volume profile strategies
- Order flow analysis
Interpretation
- Imbalance: More buyers than sellers (or vice versa)
- Absorption: High volume, low price movement
- Exhaustion: Decreasing volume at extremes
- Confirmation: Volume supporting direction
Advantages
- Deep market insight
- Order flow visibility
- Precise entry/exit
- Institutional perspective
Disadvantages
- Information overload
- Requires experience
- Noisy on low volume
- Complex analysis
API
chart.setChartType('footprint');
Best For
- Short-term trading
- Level 2 analysis
- Volume traders
- Advanced users