Is it possible to also store the developing POC as a V#? I dont see it as any options in the dropdown box. I find Bookmap poc can sometimes be off, but IRT will be accurate, I would like to have it go into BM as CN if possible.
Is it possible to also store the developing POC as a V#? I dont see it as any options in the dropdown box. I find Bookmap poc can sometimes be off, but IRT will be accurate, I would like to have it go into BM as CN if possible.
Hi,
i know this might be confusing at first sight, but you need to realize that at any given time of a profile, the developing VPOC price is equal to the current VPOC price.
The "Dev VPOC" box is just there to DISPLAY the "historical VPOC price", ie how VPOC has evolved/shifted since the start of the ongoing Profile period (and this is very valuable trading information)
If you uncheck that box, by default, the VPOC for the profile will be drawn as a horizontal line, ie the current VPOC price will be used for any of the past bars (since the start of the profile)
This means that this box won't have any impact on the current VPOC price, which is the price level that has gathered the highest traded volume since the start of the profile period.
So, in your case, V#33 will always provide the latest correct VPOC (or developing VPOC) price, as V#33 will be updated every time the profile indicator is recalculated...
Eddy