There are manytypes of footprint charts that may be available depending on the provider of the software. Some of the most common ones used are:-
- Footprint Profile: It demonstrates the volume at each price through a vertical bar graph. The footprint profile allows traders to see at what prices liquidity is pooling.
- Bid/Ask Footprint It demonstrates the real-time volume, for easier visualization of buyers and sellers probing the bid or ask. With this footprint, traders can see whether the buyers or the sellers are the responsible parties, for influencing a price move.
- Delta Footprint: It shows the difference between volume initiated by buyers and volume initiated by sellers, at each price. The delta footprint helps traders confirm that a price trend has started and will continue on.
- Volume Footprint: Unlike the volume bar graph on other charts, the volume footprint segments volume not only by time, but by price as well. This chart aims to help traders determine points of surrender.
