The indicator POC Dynamic of VolBook allows you to view the POC, or price level where the most volume has developed, for the past n minutes. It also allows you to view the standard deviations from the POC.
INDEX
Settings-of-Use
To apply the indicator POC Dynamic to graphic, click on function Indicators, and select from the list POC Dynamic.
Clicking on the indicator settings icon will open its configuration window, within which you can make several choices regarding the indicator's functionality.
General
Value-period
Defines the number of the last n minutes on which to calculate the indicator.
Display Settings
Defines the color and thickness of the POC line.
Bands Settings
Defines the thickness and style of the bands.
First/Second/Third-Band
Enables bands, defines their standard deviation value and color.
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