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For people who struggle with overbloated Volume Profile/Market Profile indicators, here’s a solution that contains just that the Point of
Control (POC) information. Super-fast and dependable, the Mini POC indicator presents this vital information visually within your graph.
Totally customizable in splittable timeframes, form of Volume, calculation procedure, and just how many days ago you desire.

  • Timeframe to divide the POCs within the day.
  • Volume type to use: Ticks or real Volume.
  • Calculation method. Recommended: OHLC/4.
  • How many past days do you need. Limiting the number of days will accelerate the calculation process. 0 = present day only.
  • Do you need the POCs for the current day or just yesterday’s data and the following days ago?
  • Do you need just the immediately previous POC?
  • Timer to refresh (data update) the POC lines on the chart. REMEMBER: The faster the update more CPU will be needed
    to recalculate the data! Be conscious!
  • Use/Fill the internal data buffer for your EA to read?
  • Show/hide success/fail messages on MT5’s log window.
  • Symbol name to get Volume and POC. Leave blank if you want the data from the current chart/symbol.
  • Prefix names for the POC lines. Useful for EA’s: additionally to the Prefix name, the indicator adds to the POC lines the reference of
    Day, Hour and Minute.
  • Lines color.
  • Lines style.
  • Lines width.
  • Extend the lines to the right side of the chart?

    [spoiler title=”Read More…”]

    • Timeframe to divide the POCs within the day.
    • Volume type to use: Ticks or real Volume.
    • Calculation method. Recommended: OHLC/4.
    • How many past days do you need. Limiting the number of days will accelerate the calculation process. 0 = present day only.
    • Do you need the POCs for the current day or just yesterday’s data and the following days ago?
    • Do you need just the immediately previous POC?
    • Timer to refresh (data update) the POC lines on the chart. REMEMBER: The faster the update more CPU will be needed
      to recalculate the data! Be conscious!
    • Use/Fill the internal data buffer for your EA to read?
    • Show/hide success/fail messages on MT5’s log window.
    • Symbol name to get Volume and POC. Leave blank if you want the data from the current chart/symbol.
    • Prefix names for the POC lines. Useful for EA’s: additionally to the Prefix name, the indicator adds to the POC lines the reference of
      Day, Hour and Minute.
    • Lines color.
    • Lines style.
    • Lines width.
    • Extend the lines to the right side of the chart?

      That when the market is closed your Metatrader will stop receiving “ticks” from the Brokers server, so if you are calling the POCs from
      another SYMBOL
      , it could fail. Sometimes changing the timeframe on your chart will do the trick, but it is not
      guaranteed. This is a Metatrader limitation.

      Data from the current Symbol is OK and it will work perfectly.

      Every line that MiniPOC generates follows the rule:

      PREFIX “_” SYMBOL “_” POC TIMEFRAME “_D” DAY “_H” HOUR “_M” MINUTE

      Example:

      MLABS_POC_WDOK20_D_D07_H00_M00

      Optionally you can read the MiniPOC buffer data via iCustom(). Use the #0 for it. When Calling iCustom() with the
      standard parameters, the indicator INPUTS needed are the following (property / Data Type):

      Please to see all available settings for the iCustom() calls, please
      visit the website post about it…
      (There is a limitation on the text size we can post here)

      If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)…   

      This will mean A LOT to me… And this way I can continue to give away Cool Stuff for Free…

      With No Strings Attached!  Ever!

      Live Long and Prosper!

      [/spoiler]

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