TradingView Footprint Chart Indicator - Orderflow Trading

[@PriceActionVolumeTrader]

Other videos on my channel to learn more about footprint and orderflow: - kzbin.info/www/bejne/aJKzaKV9o9Fsnpo (Using Orderflow & Footprint for Trade Entries) - kzbin.info/www/bejne/aXqwhYScZ7V1rc0 (Introduction to Footprint Charts) - kzbin.info/www/bejne/Y3aoq4eKrKuGi9U (Understanding Differences between DOM and Footprint)

[@ionicapartica3479]

If you use the TV footprint on Auto, it's a waste of time. Put it on manually and play with the ticks per row. That's where it shines. The Auto feature is a no go.

[@PriceActionVolumeTrader]

Yes. It makes it look very chunky. I mentioned on the video for ES I like to use about 4 and for NQ higher to like 8. But everyone should play around based on their markets to see what looks best for them.

[@vickyraj8155]

how to do that . could you please guide me to change to manual

[@jxbem]

@@vickyraj8155go to settings

[@matiasmartinez5023]

Can you please elaborate your answer. I'm familiar with SierraChart footprint tools and was planning to move to TV when I learned their charts are not calculated using true tick data. Is this something that can be solved with the manual setting ?

[@kl169]

It would be nice if trading view allows rithmic and work more on order flow tools. But I’m liking what I’m seeing

[@PriceActionVolumeTrader]

Yeah, at least they are starting to develop things

[@SomeTrader74]

Great to see TV delivering the goods.

[@PriceActionVolumeTrader]

Still needs improving but a very good start indeed.

[@PolarBearMan33]

Thank you good sir!! This is going to help me lots!!

[@SuperAshok22]

gocharting or tradingview with data, which is good

[@SivaPhoto]

How to set bar statistics in tradingview?? How to check cumulative delta

[@PriceActionVolumeTrader]

You'd need to add the CVD study to get an overall cumulative for the moment. Bar statistics if you zoom in it will show you a bit, but still pretty limited compared to others like Sierra Chart.

[@FahadTalbi]

Hello my brother trading view they do now volume+delta thank you for the video very cool

[@PriceActionVolumeTrader]

Good to know.

[@henrik4835]

Can I use footprint chart on tradingview to trade futures bitcoin to usdt perpetual contracts?

[@PriceActionVolumeTrader]

You can. I’ll just reflect the v numbers c of that particular exchange though. As Crypto is not a centralized market

[@dru5197]

This probably can't be used for futures,being that Trading view doesn't have CME data?

[@PriceActionVolumeTrader]

I would compare it with other platforms and see. There is no true tick data, but there is a calculation process explained in the indicator information, like they do volume profile and it seems reliable. Also this is still in Beta, so I am sure they will keep improving it before making it official, like they did with the TPO indicator.

[@hagayhagay1765]

Can be use for futures. Tradingview have CME market data.

[@PriceActionVolumeTrader]

Yes, if you connect Tradovate or other brokers you do get live data from them through CQG.

[@wallybarry4511]

I use TV daily for futures trading

[@cottondog3607]

This is very much appreciated. I was wondering if this was a viable alternative to SC, especially while traveling. It could very well be. I will set it up and try it out. Thanks.

[@PriceActionVolumeTrader]

It is a good alternative if you don't have access to other more advanced platforms. One thing I noticed is the data as time goes by it starts degrading because the way they calculate it is based on historical charts and as more data comes in it erodes the lower timeframe info. That's sort of what it explains in the support material. I opened a support ticket and the customer service agent explained that. So it's good for trading recent action. But if you look at the footprints from weeks ago, it will not be accurate. But for me that's not a big deal as I just use footprint live in the moment. But SC is definitely far superior for now.

[@KIWANUKAKr]

Thanks for the update always, from better version, i wish the cumulative delta to be thought of too.

[@cottondog3607]

Cumulative Volume Delta is a new Indicator under "Technicals". It goes to the bottom of the chart, so you should be able to use it in conjunction with the footprint chart.

[@dikshantdahiya6357]

Which subscription you buy?

[@PriceActionVolumeTrader]

You need at least the premium.

[@jackcool1101]

So which one is better tradingview or sierra chart?

[@PriceActionVolumeTrader]

Sierra Chart for sure in terms of capabilities. Trading View wins in convenience.

[@daniellleandro8394]

can you use the footprint chart on forex pairs

[@PriceActionVolumeTrader]

Not for spot food markets. Only with CME currency futures.

[@mhrlng5253]

hy! Can I use the footprint chart on XAUUSD?

[@PriceActionVolumeTrader]

No. It does not work on CFD's

[@kudzaidzimiri8917]

Does this work for forex?

[@PriceActionVolumeTrader]

Only forex futures. Not spot market.

[@kudzaidzimiri8917]

@@PriceActionVolumeTrader (great videos by the way! I just started dabbling with Sierra charts because of you!) thx for everything

[@Bcteoreader]

How do you color the number in purple in sierrachart? Thanks

[@PriceActionVolumeTrader]

There is an option in the candle bar studies called “color based on” and you can choose the criteria.

[@Alpachinooo]

I call this TW FP like baby footprint :D

[@rs45888]

on tv on the seconds tf i see often 0 for delta but price moves ..why is that?

[@PriceActionVolumeTrader]

Well if there are aggressive buyers/sellers and there are no resting orders at every tick levels, then price will move impulsively and might not execute a buy/sell at every tick. I never use anything under 1 minute though, I feel it is too much noise. Even the 1 minute is noisy sometimes.

[@rs45888]

@@PriceActionVolumeTrader ok am trying to understand why the price moves, so if there are no resting orders what decides if price moves impulsively up or down? My understanding was that it is aggressive buying or selling that moves prices up or down. So if there are zero.. how can it move and if it moves what is deciding the direction? Thanks a lot for a response!!

[@DanielKhezrian]

use the replay ... and go to the pervious data of your situation ... it will repair

[@PriceActionVolumeTrader]

It is all aggressive players. If everyone was just sitting on limit buy/sells then price would not move. But when you hit market buy/sell you are going to get instantly filled at the next best level with resting liquidity. Those market executions are what moves things. And remember too that stop losses execute as market orders most of the time. So if someone get's stopped in a position that will also execute as market.

[@antman24335]

Very clear thanks sir​@@PriceActionVolumeTrader

[@Artair2009]

This indicator is too bulky and it's very hard to see the candlestick

[@PriceActionVolumeTrader]

There’s different view options. But yes it is a bit limited in customization now compared to other better orderflow platforms.

[@GregAcer]

👍

[@mohammadrezasadri8643]

So rudimentary, not user-friendly and useless 😊 ninja and all it's bugs is more appealing than this 😂

[@PriceActionVolumeTrader]

It is a start. I agree Sierra Chart and others are superior. But it'll keep getting improvements.