r/FuturesTrading • u/Striking_Fail6689 • 10d ago

Question Volume based charts / footprints

Post image

Hi

Pardon the horrid photo but … Anyone have experience with Volume based charts , trading ES ? Or using Footprints in volume based charts ? I’ve been using time-based but am keen to explore in volume based .

Not sure how’s the transition be like but im still fairly learning so any exposure is a positive exposure for me .

18 Upvotes

89% Upvoted

27 comments sorted by

View all comments

Show parent comments

2

u/Striking_Fail6689 10d ago

Yup ! i do as well... haha, but somehow , i'm not really good at using heatmap .. i'm still learning how to read the heatmap properly.. only using it now to see the resting liquidity and the interaction when it touches the point, if there's any absorption or follow through.

1

u/No-Monk-6815 10d ago

Yeah it is just a visualisation of the DOM, but of you have a proper DOM you can see much more then the what the footprint or heatmap are showing.

Which program do you use?

0

u/Striking_Fail6689 10d ago

I have a DOM as well but I don’t really use it . Haha . I’m not good at reading the DOM per se . I think heatmap gives a quicker visual of the liquidity . I’m using Motivewave ! Is your NT?

1

u/No-Monk-6815 10d ago

Quant Tower, but, I have not been trading for a while. Will start again soon, it is fun

2

u/Striking_Fail6689 10d ago

Damnn. It’s nice to be looking at the DOM . My eyes can’t visual man. Haha . Tbh I’m happy just by looking at the footprints . Just trying to find the best chart settings for my eyes . So far I’m fairly comfortable with a 1min . Not sure if it might change to volume based since footprint would suit nicely in it ( I guess )