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Understanding Footprint Charts / Number bars


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Understanding Footprint Charts / Number bars

  #101 (permalink)
dvrkbxy
Saint Joseph
 
Posts: 12 since Nov 2018
Thanks Given: 7
Thanks Received: 4


ninjus View Post
Hey Grant. This is my set up. Have a chart DOM set up on it as well. Stole the rough design off some dude I follow on twitter.


I'll flick it over if you want to play around with it.

How did you get the calculated values at the bottom to look like that in sierra? My values are big and blocky and take up half of the chart.

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  #102 (permalink)
 
Swishy27's Avatar
 Swishy27 
Orlando, FL
 
Experience: Intermediate
Platform: Sierra Chart, BookMap
Trading: ES, NQ,YM, ZB, ZN
Frequency: Several times daily
Duration: Minutes
Posts: 71 since Dec 2009
Thanks Given: 108
Thanks Received: 88

@ dvrkbxy

See the link below from Sierra Chart for instructions:

https://www.sierrachart.com/index.php?page=doc/WorkingWithCharts.html

Chart Window and Regions
The chart window contains many adjustable regions. The number of regions displayed depends on the chart regions the studies on a chart are set to be drawn in.

Each region contains one or more graphs. A graph would be a price graph or a study graph. The top line of a region shows the values for the last column of the graphs in the region.

Adjusting the Height of Chart Regions By Using the Values Scale
You are able to adjust the height of the regions in the chart by hovering your Pointer over the boundary between the regions in the Values Scale on the right side of the chart.

Refer to the attached image below.

As you hover over the boundary between chart regions you will see a horizontal line displayed. Click and drag with your Pointer device to adjust to the new height and release.

This feature is not supported when a Drawing Tool is active.

To ensure a drawing tool is not active select Tools >> Pointer on the menu.




dvrkbxy View Post
How did you get the calculated values at the bottom to look like that in sierra? My values are big and blocky and take up half of the chart.


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  #103 (permalink)
dvrkbxy
Saint Joseph
 
Posts: 12 since Nov 2018
Thanks Given: 7
Thanks Received: 4



Swishy27 View Post
The chart window contains many adjustable regions. The number of regions displayed depends on the chart regions the studies on a chart are set to be drawn in.
Each region contains one or more graphs. A graph would be a price graph or a study graph. The top line of a region shows the values for the last column of the graphs in the region.

Adjusting the Height of Chart Regions By Using the Values Scale

You are able to adjust the height of the regions in the chart by hovering your Pointer over the boundary between the regions in the Values Scale on the right side of the chart.
Refer to the attached image below. As you hover over the boundary between chart regions you will see a horizontal line displayed. Click and drag with your Pointer device to adjust to the new height and release.
This feature is not supported when a Drawing Tool is active. To ensure a drawing tool is not active select Tools >> Pointer on the menu.


Hey hey it worked, thanks!

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  #104 (permalink)
Nitbean
Lincoln, NE
 
Posts: 12 since Oct 2019
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Grantx View Post
Thanks @Mich62 and @ninjus. Quite informative videos.
@trepidation that pic makes a lot of sense. Thanks for posting.

@josh
my understanding of a market is that its a place for buyers and sellers to do the business of exchanging contracts. When there are no buyers, the market advertises lower trying to find a price that traders are willing to deal, when there are no sellers, the market moves higher to find a price level where sellers are willing to deal.
The mechanics are (I think) that for the market to move higher, a buyer must be willing to lift the offer which means the market, therefore, advances up a price level. If the buyer has a higher contract requirement than is available at any single price level, then he has to keep advance through the levels until he has filled his inventory. Thats how I understand it.

What do you mean here? What does that look like on a chart?



Ive been youtubing and charting and thought I would load up the ES chart from Friday afternoon as a starting point. Attached are the charts with notes, for your amusement. I loaded up the 5 minute chart and identified a price level where a few swings had occured. Then went to the footprint chart to see if I could make any sense of the flow of volume. Obviously its all hindsight but where else does one start?


On the first chart, what exactly is at the bottom? Is that cumulative delta or something else?

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  #105 (permalink)
 DeanJ 
St Louis MO
 
Experience: Intermediate
Platform: tradestation
Trading: stocks
Posts: 8 since May 2011
Thanks Given: 3
Thanks Received: 2

What are the settings to show imbalances in the footprint charts in sierra chart ?

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  #106 (permalink)
 stumbras 
Denver, Colorado
 
Experience: Beginner
Platform: Trdstation Trgview Motiwa
Broker: EdgeClear, Tradestation
Trading: Futures and Forex
Posts: 42 since Apr 2021
Thanks Given: 9
Thanks Received: 20

Do you guys add any other indicators on footprint chart(while trading on 1 minute chart)? I have Large orders(circles), delta on the bottom and Volume profile(last 15 minutes).

Anything else? I use Motivewave.

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Last Updated on May 14, 2021


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