Indicator Factory

Market Profile Virgin P POC Indicator

📈 Shows Volume Distribution – Displays value areas & POC levels for better analysis.
🔍 Key Zones Highlighted – Histogram for value area, green lines for untested POCs.
💡 Supports Entry & Reversals – Anticipate retests and bounce points.
✅ Free & Versatile – Ideal for scalping, day, and swing traders.

📈 Overview: The Market Profile Virgin P POC indicator for MetaTrader visualizes volume distribution across price levels, providing traders with deeper market insights.
🔍 Core Components:
- Value Area (Histogram): Highlights price zones with high past trading activity, where the market often returns.
- Virgin Point of Control (Green Lines): Untested control points acting as support and resistance zones.
🛠 Functionality: Offers a graphical view of market phases, like distribution and consolidation, aiding informed trading decisions.
💡 Trading Strategy:
- Wait for price to approach value areas or virgin POCs.
- Use order block confirmations and retests for entries (as shown in EURUSD M30 example).
- Helps in spotting trend reversals or continuations at key price levels.
✅ Advantages: Free, beginner-friendly, and suitable for scalping, intraday, and swing trading.