Yes, it is that, though it's also completely unrealistic: John Keegan, in The Face of Battle, describes it as an imaginative reconstruction (the artist was "able to persuade the then CO of the regiment [the Scots Greys] to form it up and charge her at her easel"), but points out that the riders in the right-hand half of the canvas are moving far too fast and are on a collision course.
Richard Carter ● 2724d