Why you'll love Point of Control...
This point of control indicator helps you avoid extremes in volume or price then marks the POC on your chart. It helps you take advantage of extremes instead of falling prey to them.
Let the Point of Control Indicator tells you where institutional buyers or sellers are really in control in
any timeframe and market. Without chasing the market.
The Point of Control Indicator for NinjaTrader helps you . . .
- Identify both the daily and weekly POC without having to spend time calculating it on your own and plots it right on your chart
- Get a point of reference to base your strategy on where the point of control acts as a magnet to price that the market always comes back to
- Obtain a real time reference to value so you can spot overvalued and undervalued conditions and make long or short trades at the right time
- Gain a clear visual reference to know where your target should be (at the POC) so you know when it’s the right time to move and how lucrative it will be
- Customize POC indicator line color and style so you have ultimate control over how your chart looks
- Use in any market, chart, or timeframe to expand your strategy and widen your profit taking
Find the point of control so you can easily find over/undervalued trading opportunities and take advantage of the extremes in the market.