Dynamic Point of Control (POC)

2023년 8월 28일

The Dynamic Point of Control (POC) indicator provides traders and analysts with insightful information about price levels, volume distribution, and sentiment within a specified historical range.

Instant Updates: POC recalculates with every new bar, keeping you ahead of the game.
Market Bias: Assess market sentiment through bullish volume share.
Customization: Tailor inputs to match your unique trading strategy.
Chart Presence: See POC and related data graphically on your price chart.

How to Use:
Traders can use the Dynamic POC indicator to identify Point of Control price level, understand volume distribution, and gauge market sentiment. The indicator's visual cues and customizable parameters make it a valuable tool for technical analysis and decision-making.

2023년 8월 28일

릴리즈 노트

Minor bug fixes... (colorLine)

2023년 8월 30일

릴리즈 노트

Minor changes:

• Removed smoothing feature.
  
• MA (Moving Average) now shares the same input length with POC (Point of Control).
  

2023년 9월 9일

릴리즈 노트

Incorporated an indicator description as comments within the code to provide better context and understanding

4월 18일

릴리즈 노트

New Features:
Added data collection from lower timeframes, enhancing the precision and relevance of the POC calculations across different market conditions.

Functional Enhancements:
Core functionalities, including data collection and POC calculation, have been encapsulated into dedicated functions (collectData and getPoc). This modular approach improves code readability and scalability.

These updates streamline the Dynamic POC Indicator's architecture and expand its analytical capabilities to offer more precise insights with lower timeframe integration.

5월 5일

릴리즈 노트

Minor change in getPoc function

5월 6일

릴리즈 노트

getPoc()
Enhanced the logic to ensure that the index does not exceed the size of arrayPoc.

5월 8일

릴리즈 노트

Changes to getPoc() Function:

1. Proportion Logic Implementation: Added detailed volume allocation logic for full, partial, and complete slot overlaps.
   
2. Enhanced Index Bounds Validation: Improved index bounds validation for consistent calculations.
   
3. Reduced the frequency of POC calculations to avoid timeout errors
   

5월 9일

릴리즈 노트

• Introduced Value Area High (VAH) and Value Area Low (VAL) levels for enhanced market analysis.
  
• Refactored and optimized the main volume profile function for improved computational efficiency.
  

5월 10일

릴리즈 노트

Made minor adjustments and optimized the code to improve volume profile calculation speed.