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Point of Control
Last Activity 7/25/2022 4:07 PM
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Boris Lund

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Joined: 12/9/2021

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Subject : Point of Control
Posted : 7/25/2022 4:07 PM
Post #32065

The well known market profile for intraday.
Could easily be modified to days/week.

From market open until current bar. This example is using 5min, but will detect whatever nr. of bars have passed from market open regardless of timeframe.

This is the only way to do it without arrays. The problem is that every line is drawn without knowing anything about the others so it is not possible to mark the 68% distribution.
Only thing possible is do a pre run and add all the bars and divide with the nr. of steps thus we get an average. And we could then mark the prices with higher than average. But that is not really what distribution is about.
But maybe someone have an idea to solve it?

Attached file : poc OT.png (43KB - 42 downloads)
Attached file : Poc.txt (1KB - 22 downloads)

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