p2pasta

Low Timeframe POC

p2pasta Diupdate   
I have recently made a High Timeframe POC script ( HFT POC) which is pretty popular. Thanks for this!
There are many requests to include lower timeframes in this script, that is why I created this script. I could have incorporated all the timeframe POC's into one indicator but I went this route to keep things more organized between all the different timeframes.

Currently included: Daily, 6H, 3H and 1H

/* DEFINITION */
Point Of Control (= POC) is a price level at which the heaviest volumes were traded.

/* HOW TO TRADE WITH THIS INDICATOR */
The basis for POC is determining bias on whichever timeframe you choose.

1. Identify a POC on the timeframe of your choosing.
/* If you choose the lowest timeframe (1H here) then always make sure to look at the higher timeframes to see how it is trading against a HTF POC.
2. When the price is moving away from the POC (either to the upside or downside) this can confirm or invalidate a trade.
3. You can now enter the trade on bias or wait for a retest of the same POC.

/* EXAMPLE TRADES /*
Here is a screenshot of some of the trades that are possible using these Low Timeframe POC's and some common sense.

https://s3.tradingview.com/snapshots/k/k...
Catatan Rilis: Added 'readable' input (boolean) under 'Options'. Default is set to false. Enabling this makes sure that the lines are being rendered from the current bar therefore only showing lines where no candle has been.
Catatan Rilis: BIG UPDATE

Hi guys! Thanks for all the likes the past months. While I have been quiet, I have silently been building a market profile script that combines both high and low timeframe POC's (and more) into one indicator. The indicator is currently still private but you can have access with this link:

I will still be updating the HTF and LTF POC scripts but mainly focused on the Market Profile script.

In this update:
+ BIG CALCULATION CHANGE. Thanks to @LonesomeTheBlue the indicator now works better than before.
+ Added the '12h' timeframe to custom

Skrip open-source

Dalam semangat TradingView, penulis dari skrip ini telah mempublikasikannya ke sumber-terbuka, maka trader dapat mengerti dan memverifikasinya. Semangat untuk penulis! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.

Inggin menggunakan skrip ini pada chart?