One of my favorite and the most powerful indicators I’ve used since the start of my trading career is Point Of Control (POC). The Point Of Control is a reference price point that stems from the VolumeProfile indicator found on most trading platforms. I use the central point of VolumeProfile – known as the Point Of Control – because it reflects where the MOST amount of volume has occurred over a certain period of time.
The Point Of Control has changed my trading game because knowing where this level is and studying its behavior unlocks a massive trading edge, since this price point becomes the stock’s most liquid level (and all stocks do is travel back and forth to liquidity). POC works on everything from futures, indices, and individual stocks.
In this video, I’ll introduce and breakdown the Point Of Control and include how to set it up on your trading platform so that you can add it to your trading game.
If you’re interested in learning more about how I use Point of Control specifically for my Scalping strategy, check out my complete 4-hour training class here.
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