Order flow
Reading the tape — volume profile, VWAP, delta, footprint charts and absorption.
- 文章Volume ProfileA horizontal histogram of volume traded at each price level.
- 文章Point of Control (POC)The price level with the most traded volume in a profile.
- 文章VWAPThe volume-weighted average price, a fair-value benchmark for the session.
- 文章Order Flow DeltaThe difference between aggressive buy and sell volume.
- 文章Footprint ChartA candle that shows buy and sell volume at every price inside it.
- 文章Bid-Ask ImbalanceVolume heavily skewed to the bid or ask, showing one-sided aggression.
- 文章AbsorptionLarge passive orders soaking up aggression without moving price.
- 文章Cumulative Volume Delta (CVD)A running total of delta tracking net aggressive buying versus selling.