VPOC (Volume Point of Control) Videos

Quantum Trading – Volume point of control (VPOC) indicator

click-here-to-watch-videoThe 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 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 Nodes and Low Volume Nodes.

In addition to displaying the volume density against price as a histogram on the chart, and painting the VPOC level based on this analysis, the indicator also highlights the volume nodes outlined above which then define support and resistance regions above and below the VPOC. The indicator divides the volume profile into four equal parts with two nodes in each, a high volume node and a low volume node, which then provides volume traders with deeper insight into the likely strength and weakness of each of these levels.