An indicator that displays the movement of the point of control (POC) and the value area (VA) of an asset over a certain period of time.
POC (Point of Control) is the price at which the maximum number of contracts was traded.
VA (Value Area) is the price range within which 70% of the total number of contracts was traded.
VAH (Volume Area High) is the upper limit of the value area.
VAL (Volume Area Low) is the lower limit of the value area.
POC, VAH, and VAL can serve as guidelines for market analysis and act as key levels.
Indicator settings
Parameters
Name | Description |
Period | Selecting the period for which the plotting of the levels will be carried out: Day, Week, Month, All bars. |
Value Area
Name | Description |
Show Value Area | Enables or disables the display of the value area. |
Back Color | Selecting a color for displaying the value area background. |
Border Color | Selecting the color for displaying the borders of the value area. |
| Border Width | Indicating the width of the value area borders. |
POC
Name | Description |
Show POC | Enabling or disabling the display of the control point. |
Line Color | Selecting a color for the point of control line. |
Line Width | Selecting a color for the point of control line width. |
Indicator
Name | Description |
Show Indicator | Enabling or disabling the indicator display on the chart. |
Show Title | Enabling or disabling the indicator name display in the information line. |
Show Markers | Enabling or disabling the indicator markers display on the scale. |
Area | Selection of an area to display the indicator. |