Cluster or Footprint chart is a professional analytical tool that shows OHLC prices and trading volume on a single chart.
Footprint chart is a type of candlestick chart, however it provides additional information such as bid/ask/total volume at every price, in addition to the open, high, low and close seen on a basic candlestick chart. Footprint charts are special as they are multi-dimensional in nature and allow traders to observe additional market variables overlaid on a candlestick chart like volume, bid-ask spreads, and liquidity levels. Traders have the ability to customize footprint charts to include those individual variables that is most suited to them and which would eventually help them gauge the sentiment. The variations that can be configured for a footprint chart would be discussed in the later part of the section.
Using this information, a trader can evaluate:
To activate the Cluster chart, simply choose the chart type from the dropdown
Click on the gear icon on the Chart Legend/Tooltip to open the Settings Dialgue for Cluster Charts
Cluster chart has various settings allowing to display volume data from different sides. For example, you can choose different types of data for each bar, as well as configure colors, which will simplify the perception and analysis of volumes, trades, etc.
The main Data Types for cluster chart:
Use Lock Aspect Ratio ScalePROTIP
Use Lock Aspect Ratio Scale
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