When the Point of Control (POC) updates in LuxAlgo's volume-based indicators, it accounts for the entire highlighted range rather than just a single bar. [1, 2]
The indicator continuously scans the distribution of volume accumulation within the defined (or extended) price zone and dynamically shifts the POC to the specific price level that had the highest overall transacted volume within that zone. [1, 2]
If you want, let me know:
- Which specific indicator are you using (e.g., Peak Activity Range, Trailing Peak Activity Level)?
- Your chart timeframe
I can help clarify how the POC behaves for that exact tool.
No comments:
Post a Comment