Description
The Point of Control (POC) is a price level on a volume profile chart where the most trading volume has been conducted within a specified period. This level acts as a significant support or resistance zone because it represents a price where large trading institutions were most active and where market price found consensus. Traders use the POC to identify key price zones, gauge market sentiment, and anticipate potential price movements and reversals
Summary
AI summary
The POC session line indicator displays the Point of Control (POC) from previous trading sessions on a volume profile chart. The POC represents the price level where the highest volume of trades occurred during a specified period. This level is significant as it often acts as a support or resistance zone, reflecting where major market participants were most active and where price consensus was reached. Traders use this indicator to identify key price zones, assess market sentiment, and anticipate potential price movements or reversals. It supports analysis across markets such as Forex and Indices.
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Forex
Indices
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Since 21/04/2025
