Npoc’s indicator

The screenshot shows BTC/USDT on the 1d timeframe with Npoc’s switched on and Show tested nPOC’s enabled, so the dashed lines on the left are levels that were tested later.

1. Overview

A point of control (POC) is the price level where the most volume traded during a session. When price has not come back to that level afterwards, the POC is called naked (nPOC). Npoc’s draws these untested levels from daily, weekly and monthly sessions on your chart, because price often returns to test them.

2. Purpose of the indicator

What does it measure?

It finds the highest-volume price of each daily, weekly and monthly session and tracks whether price has returned to it. As long as price has not touched the level, it stays on the chart as an open nPOC. The optional table also shows how these levels behaved in the past.

When do you use it?

• To find price levels where price may come back to, as targets or as areas of interest.
• To see which levels have already been tested and which are still open.
• To check how often nPOC’s of a coin were tested, and how quickly.
• To combine volume-based levels with support and resistance.

3. How to read the indicator

• Teal lines (D) are daily nPOC’s, blue lines (W) are weekly and pink lines (M) are monthly.
• The label at the right edge shows the period and the price, for example “nPOC W 88,013”.
• Solid lines are open (untested) nPOC’s. Only levels within 20% of the current price are drawn, from the moment they were created to the right edge of the chart.
• Dashed, faded lines are tested nPOC’s. They run from creation to the candle that tested them. They are only shown when you enable Show tested nPOC’s.
• Table (optional): for each period (Daily, Weekly, Monthly) and in total, it shows how many levels were Created, Tested and are still Open, how many are Open ±20% of the price, the Tested % of created levels, the Median test (median time from creation to test) and the Bounce (share of tested levels where price bounced).

4. Settings

5. Tips and combinations

• Treat an open nPOC as an area of interest, not a guarantee. Wait for price action when price reaches it.
• Switch on Show table to see on this coin and timeframe how often levels were tested, how fast, and how often price bounced.
• Several nPOC’s close together, especially from different periods, form a stronger area than a single line.
• Combine with the Liquidation Heatmap and the Orderbook Heatmap to see whether liquidations and resting orders sit at the same price.

6. Disclaimer

This indicator and its data are for information only and are not financial advice.

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