January 14, 2015

Point of Control and Value Area in Volume Profile now available on TradingView!

We added new features to Session Volume and Visible Range indicators:

  • Point of Control (POC) – The price level for the time period with the highest traded volume.
  • Value Area (VA) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.

Stay tuned for more improvements!