Time & volume point of control / quantifytools

How it works

TPOC and VPOC analyze trading data by dividing each candle into time and volume segments to identify points of highest market activity. The Time Point of Control (TPOC) calculates the most frequent price levels by splitting candles into 10 lots and tracking closes.

The Volume Point of Control (VPOC) determines price levels with maximum trading volume by examining lower timeframe candle volumes. These points are plotted as lines and dots, providing visual representation of market participant concentration and interest

Why it may be useful

TPOC and VPOC help traders understand market dynamics by revealing where most trading activity occurs. These indicators provide insights into potential support and resistance levels, market sentiment, and trader psychology.

By highlighting areas of significant market participation, traders can identify potential trend reversals, confirm trend strength, and make more informed trading decisions. Understanding these points can help predict price movements and potential market participant behavior

When to explore it

TPOC and VPOC are most effective in analyzing market trends, identifying trapped market participants, and confirming trend initiation. They work best in markets with clear volume and time-based trading patterns.

Traders should use these indicators when seeking to understand market sentiment, potential trend reversals, and areas of significant trading activity. They are particularly useful in evaluating sideways markets, sudden price movements, and identifying potential entry or exit points based on market participant behavior

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