Definition. The price level where the most volume traded in a given period. The “fairest” price of that period.
How it works
In the volume profile, the POC is the longest bar. It marks where buyers and sellers were most willing to trade.
Example
The previous day's POC is often a reference point in the next session: the market trades around it, tests it or clearly moves away from it.
What to watch out for
The POC isn't a line price must bounce off. It's information about where acceptance was greatest.
This is the session volume profile with VWAP in the Hetman Terminal (Battle Map of the Day). Screenshot from the Hetman Index (IHA) – a training instrument, simulated data. See all the Hetman Terminal tools →
♛ The Hetman Terminal is part of Club: live for Dow Jones from the Bishop plan, 6 markets (Dow Jones, S&P 500, Nasdaq, gold, crude oil, Bitcoin) and automatic detection of order flow events from the Rook plan. A session on the ♛ Hetman Index (training, simulated data) in the full panel comes with the Knight plan and above. Compare the plans →
You'll find the full explanation with graphics, examples and exercises in the 📖 Order flow encyclopedia space, and its use in the live market in the 🔴 Live Room. Both are available to Club members (in Polish).