Market Footprint

[syswizard]

Excellent. ES, CL, ZB, GC. There are lots of resources out there on the web. I have even written some. Google is your friend.

Nada. Google on "market footprint" brings up an insurance agency......LOL .

 

[emojitrading]

footprint chart
Is what you want to search for. I have also sent you a link to some reading material.

 

[syswizard]

footprint chart
Is what you want to search for. I have also sent you a link to some reading material.

Ah....thanks for that.

 

[MattZ]

Anyone trading using this complex technique ? It's available as a Ninja Trader add-in as far as I know.
https://www.investopedia.com/terms/f/footprint-charts.asp

The link to MarketDelta is no longer valid (sadly) because it is not offered now.
We made an alternative list to that listings all the guys that offer it https://community.optimusfutures.co...ume-profile-order-flow-analysis-software/2955

 

[syswizard]

Wow - thanks Matt for that comprehensive review of the footprint charting software available.
These guys seem to have a custom roll-out that I believe was done for the Ninja Trader platform:
https://www.noft-traders.com › products › institutional-edge-system
One might ask why MarketDelta dropped their offering....seem strange.

 

[MattZ]

Wow - thanks Matt for that comprehensive review of the footprint charting software available.

You are welcome. We are trying to add another one to the list ATAS, we just did not get around to it, but videos are here: https://www.youtube.com/playlist?list=PLOGjoJXp0cmob3d4HRfe-T75HjAbr7szj

 

[maxinger]

I've been in a trading room that uses it. Performance: awful at best.....trading ES.
They combined Volume Profile and Money Flow index.
I find it overly complex. I get a headache looking at the hundreds of numbers on the screen.

right. most traders started with very complex charts.

as they start to simplify charts, they get closer to reaching financial freedom.

 

[syswizard]

right. most traders started with very complex charts.
as they start to simplify charts, they get closer to reaching financial freedom.

That seems to be the case here as the trading room is unprofitable period.

 

[syswizard]

Another losing day in the footprint trading room. One large winner, followed by many small losers.
These guys don't know whether to fade the delta or go with the delta.....LOL.
One chick in the room is scalping successfully......but only 3-5 ticks profit target and 5-7 ticks stop loss.
I am sure commissions are swamping her meager profits.
On top of all of this, these guys have the best footprint charting software on the planet....I am sure of that. The licensing cost is $5,000...Ninja Trader platform only.

 

[danielc1]

Another losing day in the footprint trading room. One large winner, followed by many small losers.
These guys don't know whether to fade the delta or go with the delta.....LOL.
One chick in the room is scalping successfully......but only 3-5 ticks profit target and 5-7 ticks stop loss.
I am sure commissions are swamping her meager profits.
On top of all of this, these guys have the best footprint charting software on the planet....I am sure of that. The licensing cost is $5,000...Ninja Trader platform only.

If you do some research, you will find foot print chart for less then $5000.
The information you need to use foot print chart is also avaible on youtube. One quick note: Foot print chart is a tool, not a system or the way to make money. You still must know how to trade.