[redlew]

Originally Posted by DeefMan »

Here is an article written by Michael Jardine (enthios) for Ensign's newsletter, describing how he uses POC & Virgin POC.

Great link DeefMan, I read it and decided to have a look at the bond market to see if it would hold up there. The chart is a daily volume histogram based on 15 minute bars. Neoticker (software that produced the chart) uses a yellow bar at the mean of the standard deviation as their POC. My highlights use the max volume bar instead which we all know would be the actual volume based POC. There does seem to be a good correlation for the virgins and S/R points. Since the 1rst of October the correlation hasn't been there though. The market has been surging back and forth in a 3 point range since the middle of September so maybe this indicator breaks down somewhat in range bound and more volatile periods. Not bad though for the first look at this!

[MrDeflation]

anyone use Enthios Universal system applied to Market Profile???


thanks

[ant]

I posted a "Virgin" VPOC indicator here http://www.traderslaboratory.com/for....html#post2814 for those interested in coding the strategy in tradestation. Would be interesting to see how well it performs when traded mechanically.