The VPOC – volume point of control now on NinjaTrader
The VPOC – Volume Point of Control Now on NinjaTrader
The Volume Point of Control (VPOC) is now available on NinjaTrader. This powerful indicator marks the price level with the highest traded volume in a session. It reveals "fair value". Price often gravitates here. Traders use VPOC for key support, resistance, or reversal zones.
The Quantum VPOC indicator has been developed to expand the two dimensional study of volume and price, to a three dimensional one which embraces time. The volume/price/time relationship then provides real insight to the inner workings of the market and the heartbeat of sentiment and risk which drives the price action accordingly.
The VPOC indicator for NinjaTrader displays the transacted volume at the various price levels vertically on the right hand side of the chart, showing instantly those regions where volume is most intense, as well as those where volume is weak. This then creates the valleys and troughs of the volume profile with what we call High Volume...