Tracking Shifts in VPOC (Volume Point of Control)
There is a built in marker inside the Volume Profile study which allows you to be notified when the volume point of control (VPOC) shifts from one price to another. Often these shifts happen and you never realize it, sometimes missing a trading opportunity.
When POC Marker is enabled:
- an up arrow will plot beneath the bar it occurred when the VPOC shifted higher.
- a down arrow will plot above the bar it occurred when the VPOC shifted lower.
To add this to your chart, first add a volume profile study. Click the Display tab.
The yellow "up" arrow on the chart below signifies the VPOC shift higher during this bar.
Learn more by visiting the online help.