Showing POC in each candle

[buick39]

Looking for a indicator that would show the POC in a candle just a line in the candle or dot not picky on that. Very new to programing if anyone could offer help. Thanks

Point of Control where all the volume is... A footprint chart shows it but I have searched here and other places to see if TOS offers anything but have found nothing yet. I would prefer to just see the POC in the candle only.

 

[buick39]

I post this question before a good while back just wondering if anyone has seen this offered in TOS

 

[rlohmeyer]

@buick39
Here is a link to the modified Volume Profile study I use.
Modified Volume Profile
Beneath the link is how you set it up to show just the POC on individual bars, and you would chosse the numbers of bars you want it to show on. The example has 20.

 

[buick39]

@buick39
Here is a link to the modified Volume Profile study I use.
Modified Volume Profile
Beneath the link is how you set it up to show just the POC on individual bars, and you would chosse the numbers of bars you want it to show on. The example has 20.
View attachment 23513

Thanks so much for your help seems to working okay with a few adjustments.

 

[buick39]

Thanks so much for your help seems to working okay with a few adjustments.

I spent some time this weekend looking at the charts and found that from what I can see the marks that was suppose to be POC I feel is just a mark of 50% of each candle not the POC could you confirm when you get time thanks.

 

[rlohmeyer]

Generally that is where the POC is on a candle. You can test this yourself by coding to show the middle of a candle and you will notice they often match and sometimes don't.

 

[buick39]

Generally that is where the POC is on a candle. You can test this yourself by coding to show the middle of a candle and you will notice they often match and sometimes don't.

I have a free indicator on Ninjatrader I use all the time on futures not sure if that makes a difference but the Poc will be all over the place but I dont have a data feed for stocks on that platform. thanks for the replay and I have a indicator for TOS that shows 50% on high low

 

[rlohmeyer]

@buick39

I trade S/R and will use POC and volume profile. If I trade 5 min I will use a 30 min vol profile and POC since the 30 minute vol profile is often traded. I tend to trade 15 minute time frame. Keeps the process of identifying trades "slower". I find I do better when I am bored and patient. I will use the full day Vol Profile and POC for this type of trading.

Regards,
Bob