![]() Should the rows be equidistant from the mid-range, the system recognizes the lower one as the Point Of Control. If there are several equally long rows that fit this description, the system chooses the closest to the price mid-range. ![]() The longest row of the Volume Profile defines the price level at which the highest number of real transactions were made during the specified time period this level is called Point Of Control (POC). ![]() The width of histogram's row represents the number of actual transactions made within the price interval defined by the row's height. Considering the input-defined aggregation period, the Volume Profile plots a histogram showing price distribution, revealing the dominant price values in terms of volume. The Volume Profile study represents trading activity over a time period at specified price levels. ![]()
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