hard · Order Flow Analysis

When calculating the Value Area (VA) for a session with total volume V_total, the trader identifies the Point of Control (POC) and then adds adjacent price levels.

At what point does the trader stop adding levels to define the boundaries (VAH and VAL)?

  1. When price touches the first standard deviation of the VWAP.
  2. When the cumulative delta within the range switches from positive to negative.
  3. When the volume at the next adjacent price level is less than 10% of the POC volume.
  4. When the cumulative volume within the selected levels reaches 70% of V_total.

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