Hi,

can anybody guide me to the description how the VPOC, Value Area High and Value Area Low are calculated?

I don't want to dissect the ALTOGomMP indicator to only answer this question. I want to create a mean + lean indicator based at the NT tick files.

Thanks,
Koepisch

Koepisch 

Hi, can anybody guide me to the description how the VPOC, Value Area High and Value Area Low are calculated? I don't want to dissect the ALTOGomMP indicator to only answer this question. I want to create a mean + lean indicator based at the NT tick files. Thanks, Koepisch

I don't know the calculation for the Value Area but VPOC is straightforward: it's the price with the most traded volume for the day/session.

Very nice description for how it is calculated.

https://www.tradingview.com/wiki/Volume_Profile