- The settings were compared with the volumes in the NinjaTrader 8 terminal with the CQGdatafid . The settings of the EURUSD-6E, GBPUSD-6B, AUDUSD-6A and other currency pairs and their corresponding futures were compared.
- It shows the POC (Point of Control) volume levels for the selected time period.
- The Point of Control (POC) is not a line, it is a zone.
- Which zones are relevant and which are not, is determined by the author’s methodology.
- The indicator shows the resistance and support of the market.
- With the help of the indicator, you can track the tracks of major players in the market.
- In combination with the indicator “MR Reverse Patterns 4” and “MR Range Breakouts 4”, you can see where the players who are locked in the range remain.
- “MR Volume POC Levels 4” is based on the indicator “VP: Volume Profile v6. 0. © FXcoder”,