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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