This indicator shows the developing volume point of control level or the price level which most of the volume has been traded on a time period.
You can set the time frame on the indicator to any of the cTrader available time frames, and adjust the time offset based on your platform time zone.
You can assume POC level as mean price or equilibrium level between buyers and sellers, the far price goes from this level the higher will be the reversal chance.
- Multi time frame
- Being able to set the time offset
- Separator line for separating each time period POC line