medium · Order Flow Analysis footprint-delta

How is the 'Point of Control' (POC) used within the Value Area calculation?

  1. It represents the exact midpoint between the session's Value Area High and Low.
  2. It is calculated only from the number of ticks spent at each price, never from actual volume.
  3. It is the starting point for summing volume until 70% of the session's total is reached.
  4. It is simply the single price level with the lowest total transacted volume in the entire session.

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