The MarketDelta Blog

Just like eveyone else, we are creatures of habit. We often only post examples of markets most familiar to us. Today’s examples come from the SGX and shows some of the largest stock index futures trading in Asia. These offer some of the most dynamic markets in the world and are more and more liquid all the time. If you are looking to broaden your exposure to other stock indexes, this would be a fantastic place to start.

The examples I will look at today are the MSCI Taiwan Index and the Nikkei 225. Since this might be the first time you have seen a Footprint chart, it might be worth watching our Footprint Overview video. The video will explain what the Footprint chart is and offer some of the benefits it provides.

Footprint charts obviously look a little different than a candle or bar charts but they provide added information the other chart types do not contain. The color or each Footprint conveys whether more aggressive buying or selling took place at that price. This is measured by following volume and how it traded at each price. Sometimes it might be best to just look at it on a bar by bar basis as shown on the Volume Breakdown indicator. This is present at the bottom of most of the screenshots. Another critical piece of information is the ability to see volume intra-bar. The Footprint provides price by price (or as we say “step by step”) information so you have more timely and accurate information for making trading decisions. Watch the Footprint Overview video (link above) to understand more.

[caption id="" align="aligncenter" width="240" caption="Taiwan Index Futures - Bid Ask Footprint"][/caption]

[caption id="" align="aligncenter" width="240" caption="Taiwan Index Futures - Footprint Profile"][/caption]

[caption id="" align="aligncenter" width="240" caption="Nikkei 225 Futures - Bid Ask Footprint"][/caption]

[caption id="" align="aligncenter" width="240" caption="Nikkei 225 Futures - 30 min Volume Profile"][/caption]

[caption id="" align="aligncenter" width="240" caption="Nikkei 225 Futures - Daily Volume Distribution"][/caption]

If there are other markets, time frames, chart types you would like to see and example for just email us or post a comment. A 15 free trial is available at www.marketdelta.com/Trial_Form. Our video library is here.