Point of Control

Also called “POCPoint of Control, also known as the "fairest price to do business". It is the price level in the /ES where the greatest amount of volume in the prior RTH session traded. ShadowTrader measures the POC using volume but the traditional way is to mark off the widest point of the day's distribution where the most TPO's printed going across from left to right, indicating that that was the price where the most time was spent. It's important to pay attention to both the volume POC and the TPO POC.” for short. The level in the futures inside the value areaA range where approximately 70% of the prior days volume traded. The range is derived from one standard deviation on either side of the mean which is roughly 70%. See: Market Profile where either the greatest amount of volume traded in the prior session, or the greatest amount of time was spent as measured by the number of TPO’s going across. Measured this way, the POCPoint of Control, also known as the "fairest price to do business". It is the price level in the /ES where the greatest amount of volume in the prior RTH session traded. ShadowTrader measures the POC using volume but the traditional way is to mark off the widest point of the day's distribution where the most TPO's printed going across from left to right, indicating that that was the price where the most time was spent. It's important to pay attention to both the volume POC and the TPO POC. would be the widest part of any given market profileA way of reading the market that recognizes either time spent or volume traded at a particular price level. A market profile can be either made up of “TPO’s” (time price opportunities), or volume. TPO’s measure how much time was spent at a particular price, while volume-based market profiles measure how much volume traded at a particular price. Generally, market profile is used in the trading of futures, especially the /ES. ShadowTrader utilizes volume based profiles.. While ShadowTrader calculates its valueThis value has nothing to do with valuation.  It denotes prices that are "fair".  Fair in this sense means a price that is common to a lot of participants.  An item that you buy once per week in a store at a price that doesn't fluctuate has a "fair price". You can express this by a formula Value = Price + Time or Value = Price + Volume Either of the above are valid ways of expressing value.  In the first equation, value is defined by price staying the same for a long period of time.  In the futures market, this would be an area that is revisted a lot during a particular session or multiple sessions.  The point of control is the price level where the most amount of time was spent during an RTH session.  James Dalton refers to this level as "the fairest price to do business". Using vo... areas and points of control using volume exclusively, we are always very aware of where the TPO(MP) Stands for “Time Price Opportunity”.  It is the smallest unit of measure displayed any market profile graphic, denoted by a single letter.  Each TPO represents a point of time where the market being charted trades at a specific price.  A single TPO is printed on the chart every time that a certain price is touched during any time period.  Typically, the periods are set to 30 minutes.  Therefore, every different letter that you see in the market profile distribution denotes a different 30 minute period. POCPoint of Control, also known as the "fairest price to do business". It is the price level in the /ES where the greatest amount of volume in the prior RTH session traded. ShadowTrader measures the POC using volume but the traditional way is to mark off the widest point of the day's distribution where the most TPO's printed going across from left to right, indicating that that was the price where the most time was spent. It's important to pay attention to both the volume POC and the TPO POC. is and it’s relation to current prices or patterns in the profile. Both are very important.