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Order flow basics: the beginner course

Module 06 · 6 · The footprintLesson 30 of 658 min🔒 Students only

Footprint modes and the DeepChart workspace

The bid × ask format is only one way of displaying a footprint. Depending on the question you are asking, other modes are easier to read: the delta at each price, the total volume at each price, or a combination of the three. Experienced traders switch modes depending on the market; a beginner is better off mastering two and sticking to them.

This lesson presents the main modes, then the complete order flow workspace that DeepCharts supplies as a template.

Three readings of the same candle

DeepChart footprint in clusters mode: for each candle, the delta per price column on the left in green or purple, the bid and ask cells in the center, and orange bars of total volume per price on the right

This capture shows the three readings side by side for each candle:

Student access · free

The rest of this lesson is for students

Also in this lesson
  • Which mode for which question
  • The Advanced Orderflow workspace

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→ Candle extremes: finished and unfinished auctions