Dual POC Multi-Period

3 hari lalu

📊 Overview
This indicator displays Point of Control (POC) levels from multiple time periods using dual calculation methods. POC represents the price level with the highest traded volume, providing key support and resistance levels for traders.
✨ Key Features
1. Dual Calculation Methods

Sensitive POC: Precise volume distribution based on High-Low range
Smooth POC: Traditional calculation using close prices with wider distribution
Both Mode: Display both methods simultaneously for comprehensive analysis

2. Multi-Period Analysis

Full period (100%)
Half period (50%)
Quarter period (25%)
Eighth period (12.5%)

3. Visual Signal Strength Indicator

Phone signal bar-style display showing trend strength
Fixed position table that doesn't interfere with chart analysis
Color-coded for bullish, bearish, and neutral conditions
Adjustable size (tiny, small, medium, large)

4. Higher Timeframe Support

Display POC from higher timeframes on current chart
Helps identify major support/resistance levels

🎯 How to Use

Choose Calculation Mode

Select between Sensitive, Smooth, or Both modes based on your trading style
Sensitive mode is better for precise levels
Smooth mode provides broader zones


Adjust Period Settings

Base Period Length: Number of bars for calculation (50-1000)
Price Level Resolution: Granularity of volume distribution (10-500)


Visual Interpretation

4 filled bars = Strong uptrend (price above all POCs)
3 filled bars = Uptrend
2 filled bars = Neutral/Consolidation
1 filled bar = Downtrend
0 filled bars = Strong downtrend (price below all POCs)


POC Lines as Support/Resistance

Use POC levels as potential support in uptrends
Use POC levels as potential resistance in downtrends
Confluence of multiple POCs indicates stronger levels



⚠️ Important Notes
1. Repainting Warning

Higher timeframe POC may repaint until that timeframe closes
Current timeframe calculations use confirmed historical data only

2. Performance Considerations

Higher resolution settings may impact performance on lower-end devices
Recommended: Start with default settings and adjust as needed

3. Not Financial Advice

This indicator is for educational and informational purposes only
Past performance does not guarantee future results
Always conduct your own research and risk management

🔧 Customization Options

Visual Settings: Colors, line styles, and transparency
Display Options: Choose which POC levels to show
Alerts: Optional alerts for POC crosses (disabled by default)
Labels: Price labels and mode indicators (disabled by default)

💡 Trading Ideas

Trend Confirmation: Use signal strength indicator for trend bias
Breakout Trading: Watch for breaks above/below major POC levels
Range Trading: Trade between POC levels in consolidation
Confluence Trading: Look for areas where multiple POCs align

3 hari lalu

Nota Keluaran

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