volumeProfilePOC
Volume Profile Point of Control (POC) represents the price level with the highest trading volume. It indicates the price level where most trading activity occurred, often serving as a strong support or resistance level.
volumeProfilePOC (tick)
Volume Profile Point of Control (POC) represents the price level with the highest trading volume. It indicates the price level where most trading activity occurred, often serving as a strong support or resistance level.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 60 | The lookback period in minutes |
levels | number | 24 | Number of price levels to divide the range into |
SQL example
TICK volumeProfilePOC WITH minutes=60, levels=24 > 100 THEN order SET size=100, price=51.00, transmit=truetrix
TRIX is a momentum oscillator that shows the percentage rate of change of a triple exponentially smoothed moving average. It helps identify oversold and overbought conditions, with positive values indicating upward momentum and negative values indicating downward momentum.
volumeProfileVWAP
Volume Profile VWAP (Volume Weighted Average Price) represents the average price weighted by volume. It helps identify the true average price level where most trading occurred, often used as a reference for fair value.