TradingView's New Volume Footprint Chart: Tutorial

Discover our new Volume Footprint Chart, a powerful tool that provides deep insights into market dynamics! This chart type offers a comprehensive view of trading activity by displaying volume at specific price levels over time.

This video was created and produced by our Head of Trader Education Stef: https://tradingview.com/u/scheplick

At its core, the volume footprint chart is designed to highlight imbalances between buying and selling pressure at different price levels. By visualizing volume distribution across the price axis, traders can identify areas of high buying or selling interest, potential support or resistance levels, and areas where market sentiment might be shifting. This level of granularity empowers traders to make more informed decisions based on real-time market data.

In our video, we delve into the functionality of TradingView's Volume Footprint Chart, showcasing its ability to dynamically adjust row colors based on volume, compare buy and sell volume, and leverage various settings for a tailored trading experience. Whether you're a seasoned trader or just starting out, understanding how volume footprint charts work can significantly enhance your trading strategies and decision-making processes.

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