Friday, December 4, 2015

Term of the Day: Footprint Charts

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December 4, 2015
Footprint Charts

A group of charts that provide price and volume activity together on one data point over a specified time frame. Footprint charts, provided by MarketDelta, attempt to provide traders with increased price transparency and a clearer picture of market activity, similar to that of a level II quote or depth-of-market order book.

Breaking It Down:

The goal of the Footprint charts is to provide both volume and price data to the trader in one data point so that the eyes...

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