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POC up & down Detector
Consecutive POC Detector
The Consecutive POC Detector is a market structure and volume-based indicator that tracks the evolution of daily Point of Control (POC) levels to identify bullish, bearish, neutral, and potential ranging conditions.
Instead of relying on price action alone, the indicator analyzes how volume is distributed throughout the trading day and compares consecutive daily POC levels to determine whether market participation is shifting higher or lower.
Features
• Daily Point of Control calculation using intraday volume data.
• Multiple POC calculation methods:
Weighted OHLC
Range Overlap
HLC3
Close Price
• Automatic market state detection:
Bullish
Bearish
Neutral
Possible Ranging
• Dynamic POC levels plotted directly on the chart.
• High-volume confirmation system using relative volume analysis.
• Long and Short trade signals generated when price interacts with the previous day's POC under favorable market conditions.
• Strong Buy and Strong Sell confirmations after initial signal generation.
• Optional session filtering for futures, forex, and custom trading sessions.
Signal Logic
Bullish signals occur when:
Market state is Bullish.
Price trades below the previous POC.
Price closes back above the POC.
Volume exceeds the configured volume threshold.
Bearish signals occur when:
Market state is Bearish.
Price trades above the previous POC.
Price closes back below the POC.
Volume exceeds the configured volume threshold.
Additional Strong Buy and Strong Sell signals are generated when momentum confirms the original setup.
Dashboard Information
The built-in information panel displays:
Current market state
Previous POC
Yesterday's POC
Today's developing POC
Volume versus average volume
Above/Below POC interaction status
Best Used For
Index Futures
Crypto Markets
Forex
Stocks
Intraday Trading
Swing Trading
The indicator is designed to help traders identify volume-supported directional bias and potential institutional accumulation or distribution zones using consecutive Point of Control analysis.
The Consecutive POC Detector is a market structure and volume-based indicator that tracks the evolution of daily Point of Control (POC) levels to identify bullish, bearish, neutral, and potential ranging conditions.
Instead of relying on price action alone, the indicator analyzes how volume is distributed throughout the trading day and compares consecutive daily POC levels to determine whether market participation is shifting higher or lower.
Features
• Daily Point of Control calculation using intraday volume data.
• Multiple POC calculation methods:
Weighted OHLC
Range Overlap
HLC3
Close Price
• Automatic market state detection:
Bullish
Bearish
Neutral
Possible Ranging
• Dynamic POC levels plotted directly on the chart.
• High-volume confirmation system using relative volume analysis.
• Long and Short trade signals generated when price interacts with the previous day's POC under favorable market conditions.
• Strong Buy and Strong Sell confirmations after initial signal generation.
• Optional session filtering for futures, forex, and custom trading sessions.
Signal Logic
Bullish signals occur when:
Market state is Bullish.
Price trades below the previous POC.
Price closes back above the POC.
Volume exceeds the configured volume threshold.
Bearish signals occur when:
Market state is Bearish.
Price trades above the previous POC.
Price closes back below the POC.
Volume exceeds the configured volume threshold.
Additional Strong Buy and Strong Sell signals are generated when momentum confirms the original setup.
Dashboard Information
The built-in information panel displays:
Current market state
Previous POC
Yesterday's POC
Today's developing POC
Volume versus average volume
Above/Below POC interaction status
Best Used For
Index Futures
Crypto Markets
Forex
Stocks
Intraday Trading
Swing Trading
The indicator is designed to help traders identify volume-supported directional bias and potential institutional accumulation or distribution zones using consecutive Point of Control analysis.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.