FOREX:

The answer is yes and no.  

Spot (cash) forex is a decentralized market and usually does NOT include volume with each trade. Using the default settings, this affects the Footprint chart within MarketDelta and related volume based studies (Volume breakdown indicator) because they require volume in order to work properly.  There are 2 alternatives below that provide a work around for spot forex pairs.

All the other features of MarketDelta will work for spot forex pairs, including but not limited to Market Profile, traditional charts, quote pages, indicators & studies, etc.

Two Good Alternatives

1. Monitor the trades NOT volume.  This is a quasi-method for monitoring trading activity with spot forex. Here's how:
1. Double click an actual Footprint to open the Footprint preferences. A preference menu like the one below will open.
2. Chart "Trades" at each price and Breakdown by "Up vs Down Tick".
3. Click OK. You will now see the number of trades at the bid and ask if viewing the bid/ask Footprint.
   
   
2. The currency futures from the Chicago Mercantile Exchange are centralized and  DO disseminate volume with each trade.  These work very well with the Footprint chart.

For an example of how Forex signals work using Footprint data, see our article about the Delta Divergence indicator (sold separately): click here.

You will need a data provider that offers spot forex data; many of our supported brokers are futures-only, so you will need a true data service in most cases, such DTN IQFeed, which we recommend.

Click here to see more details about Forex charting using MarketDelta.

STOCKS | EQUITIES | ETF:

Yes it can be. Many of customers have traditionally traded futures because that is where the idea of the Footprint® arose, however over the years we have had more and more stock and equity trades begin to investigate and use the product in ways we never imagined.

Equity traders might not use the "delta" as much as futures traders, but they are probably interested in the unique volume at price (area) information that can be viewed on the Footprint® or using other traditional charts and indicators within the software. One particular indicator that focuses on volume that equity traders will find very helpful is the Profile indicator.

Basically there are many, many ways a trader might find our charts and studies helpful, but either way, all the traditional studies and indicators still exist in the software and can be powerfully leveraged with our unique tools and studies.

STATISTICS:

Statisitcs do NOT include volume with each trade. This affects the Footprint chart within MarketDelta and related volume based studies (Volume breakdown indicator) because they require volume in order to work properly.  

However, all the other features of MarketDelta will work for statistics, including but not limited to Market Profile, traditional charts, quote pages, indicators & studies, etc.

INDEXES:

Indexes do NOT include volume with each trade. This affects the Footprint chart within MarketDelta and related volume based studies (Volume breakdown indicator) because they require volume in order to work properly.  

However, all the other features of MarketDelta will work for indexes, including but not limited to Market Profile, traditional charts, quote pages, indicators & studies, etc.