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Date/Time: Thu, 28 Nov 2024 20:27:25 +0000



Continuous POC Request

View Count: 370

[2023-04-07 17:25:08]
User550539 - Posts: 31
Hi,

Would it be possible to highlight a continuous POC on the footprint? E.g. It will happen when 2 or more candles both have their POC at exactly the same price level, this indicates that the POC is a strong level and might act as a support/resistance level.

I have attached a screenshot of what I am trying to achieve.

Thanks!
image2023-04-07_13-23-00.png / V - Attached On 2023-04-07 17:24:49 UTC - Size: 211.08 KB - 92 views
Attachment Deleted.
[2023-04-07 21:06:59]
John - SC Support - Posts: 36350
There is not a way to color the Point of Control between the bars, but you can color the bar itself, or have some other kind of marker show up to let you know when this situation appears.

To do this, you will first need to use the Volume Point of Control for Bars study. This gives you the level of the Point of Control for each bar. You can hide this study if you do not want to see it. You can not use the Point of Control from the Numbers Bars, as that particular data is not available.

Then use the Color Bar Based on Alert Condition and set the alert condition to be the following:
=ID1.SG1 = ID1.SG1[-1]

Where ID1 is the ID of the "Volume Point of Control For Bars" study, and SG1 is the first Subgraph for that study (in this case, the only subgraph).

This will then color the bar of the more recent bar, when this situation occurs.

Refer to the following for the Color Bar Based on Alert Condition study:
Color Bar Based on Alert Condition
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