I think you should pay attention to and interpret the part indicated above.
I think the section marked as VAL, VAH is the section that is mainly traded.
Therefore, I think that depending on which direction it deviates from this section, it will affect the future flow.
Therefore, - If it rises near or above VAH, it is likely to show an upward trend,
- If it falls near or below VAL, it is likely to show a downward trend.
- The next thing to look at is the column indicated next to each volume. (The part that the arrow points to)
- The column in the Sell Volume section indicates that it is a section with strong selling pressure, - The column in the Buy Volume section indicates that it is a section with strong buying pressure.
(The creator explains that this is the part that is indicated by the imbalance of volume.)
Anyway, since there is a high possibility of a rebound or reversal in the part where this column is indicated, I think it can be a tradable section depending on whether it receives support or resistance in this part.
- The Delta section shows the difference between Sell Volume and Buy Volume.
The time frame charts that are good for viewing the volume footprint chart are 1s, 1m, 15m, 1h, and 1D charts, so I recommend viewing them with the corresponding time frame charts.
If it deviates from the VAL, VAH area near 1, 1-1 and 2, 2-1 shown on the chart, a trend is formed, so you should check whether it deviates from this section.
If it does not deviate, it can be interpreted that there is a high possibility of sideways movement.
- Therefore, 1. Is it located near VAL, VAH? 2. Is there a section where columns are created next to Sell Volume, Buy Volume?
I think this chart allows you to detect the trading volume, that is, the movement of buyers and sellers, with the above two things.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.