The Point of Control (POC) indicates the price level at which the highest volume of trades occurred within the current price bar and therefore for each bar represents the most significant price for the bar. This indicator enables 3 Moving Averages to be calculated and displayed based upon each bar's POC price level. These POC Moving Averages can be used in preference to Moving Averages based upon the bar's closing price for mean reversion, Moving Average crossover or other Moving Average-based trading techniques.
POC Moving Average may be licensed for Sierra Chart on a Lifetime, 1-month or 3-month basis, or as part of the complete Emoji Trading Order Flow Suite. Licences include all indicator updates and enhancements during the license period.