I have recently made a High Timeframe POC script (HFT POC) which is pretty popular. Thanks for this! There are many requests to include lower timeframes in this script, that is why I created this script. I could have incorporated all the timeframe POC's into one indicator but I went this route to keep things more organized between all the different timeframes.
Currently included: Daily, 6H, 3H and 1H
/* DEFINITION */ Point Of Control (= POC) is a price level at which the heaviest volumes were traded.
/* HOW TO TRADE WITH THIS INDICATOR */ The basis for POC is determining bias on whichever timeframe you choose.
1. Identify a POC on the timeframe of your choosing. /* If you choose the lowest timeframe (1H here) then always make sure to look at the higher timeframes to see how it is trading against a HTF POC. 2. When the price is moving away from the POC (either to the upside or downside) this can confirm or invalidate a trade. 3. You can now enter the trade on bias or wait for a retest of the same POC.
/* EXAMPLE TRADES /* Here is a screenshot of some of the trades that are possible using these Low Timeframe POC's and some common sense.
Added 'readable' input (boolean) under 'Options'. Default is set to false. Enabling this makes sure that the lines are being rendered from the current bar therefore only showing lines where no candle has been.
הערות שחרור
⋅
BIG UPDATE
Hi guys! Thanks for all the likes the past months. While I have been quiet, I have silently been building a market profile script that combines both high and low timeframe POC's (and more) into one indicator. The indicator is currently still private but you can have access with this link: tradingview.com/script/lNnRGRIZ-Market-Profile-p2pasta/
I will still be updating the HTF and LTF POC scripts but mainly focused on the Market Profile script.
In this update: + BIG CALCULATION CHANGE. Thanks to @LonesomeTheBlue the indicator now works better than before. + Added the '12h' timeframe to custom
Bonjour , comment avoir accès à l indicateur svp ?
rajeshshivramshetty_2
⋅
Thanks for creating such a usefull indicator . currently installed it with settings as weekly , monthly and quarterly (3m) . Currently new to poc concepts ..just a observation ..whenever all the 3 time frame pocs are in sync ( come at the same price level) and the weekly poc crosses above the monthly and quarterly pocs along with the price (bcos it's the average buy value of all the 3 time frames and initiative buyers of all the 3 time frame have come forward to take the price furthur higher)....is it a good buy ..pls advise with logic .thank u sir
viSion_TC
⋅
It doesn't work properly for some reason. All the POCs are at wrong place.
UnknownUnicorn22622902
⋅
Why does this give other levels than the Fixed Range POCs and other levels than the POCs on Exocharts?