Support Board
Date/Time: Sun, 15 Jun 2025 07:01:54 +0000
Question on misalignment of weekly POC
View Count: 149
[2025-06-07 16:16:23] |
maxm1987 - Posts: 126 |
Dear support, I try to display the POC for the weekly candle for the NQ. What I dont understand is this: When I show the POC with the VbP study i get a value of 21642. When I put a TPO chart that also has a VP next to it the POC is at 21750, at the prior 21642 there is even very low volume which is completely contrary to what is shown when using the VbP study. I attached a screenshot to highlight it. Can you explain why this is? Date Time Of Last Edit: 2025-06-07 16:19:59
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[2025-06-09 15:58:09] |
John - SC Support - Posts: 40422 |
The differences in the location of the Point of Control is due to how weekly bars are determined versus intraday bars. Weekly bars are made up of historical daily data, in which each day has only the Open/High/Low/Close/Volume information. Therefore, what you are getting in the weekly chart is the POC for the center of the day that has the highest volume for that week. Whereas, when you look at a TPO, you are dealing with the Intraday data, which then gives you the actual highest volume at all prices for that time period. In the end, these are going to be different. If you want the proper POC for the week, then you would need to use Intraday data to form the weekly bars. Refer to the following: Chart Settings: Weekly Bars (Time Specific Bars) For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
[2025-06-09 16:16:23] |
Sierra_Chart Engineering - Posts: 19916 |
Refer to: Time Price Opportunity (TPO) Profile Charts: Incorrect Value Area or Point of Control Values Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2025-06-09 16:16:34
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