Quantum VPOC for MetaTrader 4
Quantum Trading – Volume point of control (VPOC) indicator
The Quantum VPOC indicator has been developed to expand the two dimensional study of volume and price, to a three dimensional one which embraces time. The volume/price/time relationship then provides real insight to the inner workings of the market and the heartbeat of sentiment and risk which drives the price action accordingly.
The VPOC indicator displays the transacted volume at the various price levels vertically on the right hand side of the chart, showing instantly those regions where volume is most intense, as well as those where volume is weak. This then creates the valleys and troughs of the volume profile with what we call High Volume Nodes and Low Volume Nodes.
In addition to displaying the volume density against price as a histogram on the chart, and painting the VPOC level based on this analysis, the indicator also highlights the volume nodes outlined above which then define support and resistance regions above and below the VPOC. The indicator divides the volume profile into four equal parts with two nodes in each, a high volume node and a low volume node, which then provides volume traders with deeper insight into the likely strength and weakness of each of these levels.
Quantum VPOC for MetaTrader 5
MT5 indicator – Volume point of control indicator for MT5
The Quantum Trading volume point of control indicator is now available for the MT5 platform, and building on the hugely successful MT4 version.
The VPOC indicator presents volume and price against time, and so displays a volume histogram to the right of the chart with high volume and low volume nodes. The volume point of control itself acts as the fulcrum of the market where price is an agreement. Once bearish or bullish sentiment then prevails, a trend is then established as the price moves away from the VPOC. The high volume and low volume nodes are also key as these will then signal whether the price is likely to pause or move straight through – in other words a leading indicator of price action in the future.
The VPOC indicator works for all the markets in the multi asset MT5 platform and for commodities, stocks, indices, cryptocurrencies and of course forex.
Quantum VPOC for NinjaTrader (7/8)
An introduction to the VPOC indicator for NinjaTrader
In this video we take a closer look at the VPOC indicator for NInjatrader, and see it in action across a variety of markets and timeframes. We start by looking at the ES mini on some fast timeframe charts of 3 minutes and upwards as the physical market opens to join Globex. Next we look at the VPOC on a GBP/USD chart on seconds, and to complete the trio of faster time frame charts, we look at the NQ emini on a tick chart. The VPOC indicator for NInjaTrsder works in exactly the same way, whether on a minute chart, a seconds chart or a tick chart.
VPOC for NinjaTrader in action
In this video we take a closer look at the VPOC indicator for NInjatrader, and see it in action across a variety of markets and timeframes. We start by looking at the ES mini on some fast timeframe charts of 3 minutes and upwards as the physical market opens to join Globex. Next we look at the VPOC on a GBP/USD chart on seconds, and to complete the trio of faster time frame charts, we look at the NQ emini on a tick chart. The VPOC indicator for NInjaTrsder works in exactly the same way, whether on a minute chart, a seconds chart or a tick chart.
Finally to round off this video we take a look at some daily charts for gold, the CAD/USD futures contract and oil.