Is it ok to follow the footprint charts?

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Ho Jii Former Soil and Plant Scientist at EnviroSource Design
Answered 10 months, 3 weeks ago
<p id="isPasted">What works for me is using them in areas of interest. For example, I will care about footprint when it’s around support or resistance. I like using the delta and not bid/ask. I also like seeing the profile for the bar.</p><p><br></p>
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Kathleen Johnson
Answered 1 month, 1 week ago
<p id="isPasted">It is acceptable and often beneficial to use footprint charts, particularly for day traders and scalpers who require a granular view of market activity. However, it is not recommended to rely on them exclusively, but rather to use them as a supplementary tool to confirm insights from broader market analysis. The value of footprint charts comes from revealing the underlying volume activity within each price bar, offering a deeper understanding than traditional candlestick charts.&nbsp;</p><p><br></p>