Resolving VPOC, POC and VWAP Discrepancies

Resolving VPOC, POC and VWAP Discrepancies

If you find that Volume Profile created using the 'Volume Imprint Study', 'Volume Profile Study' or TPO study show different VPOCs. These can differ depending on the type of chart you use. See this example below:


This difference can be attributed to the historical minute bar settings found in each study. 

To resolve the issue uncheck 'use historical minute bar' in each study. 

Historical minute bars calculate the volume and time (TPO) using the minute bars. Whereas when unchecked, the study will calculate the volume and time (TPO) using tick data. This is accurate method of calculating VPOCs, POCs for TPOs, VWAPs and other volume studies. 

Furthermore, in order to get the precise VPOC, POC for TPO; keep the tick interval set to 1. Changing the tick interval to higher setting will also change the VPOC and POC for TPO. This is because the tick data is the aggregated for the interval it is set to, in order to calculate the study values. 

It is recommended that 'Use Historical Minute Bar' is unchecked.

However, processing tick data also increases the CPU and RAM usage. 

Please see images below as a reference:

   




    • Related Articles

    • Exporting Data

      Exporting data is a feature in EdgeProX that will allow you to take any charting data and put it into an excel file. This can allow you to do analysis outside of EdgeProX with the specific data points that you can customize to tailor what you are ...

    • Retrieving Missing Chart Data in EdgeProX

      This article is to help resolve commonly occurring issues during the rollover period. i.e., Missing Chart Data.  Whether you are using 'Continuous Futures Contract Symbol'  e.g., @ES, or using 'Specific Contract Symbol' e.g., ESM2.  If your charts ...

    • How to Draw VWAP Tool in EdgeProX?

      How to Draw VWAP using Components Panel VWAP tool or Anchored VWAP as commonly known can be found in the components panel in EdgeProX. To use VWAP tool, click on the icon and drag it to your anchor point/candlestick. Please see a screenshot below for ...

    • Why does data my not load for a full day on EdgeProX?

      If you find that data is not loading for a full day, there are a number of reasons why it may be so. Many times issues with missing data can be solved by Clearing the Local Data. If that does not work try the following troubleshooting steps. Data ...

    • How to clear the Local Data in EdgeProX

      The platform EdgeProX pulls in massive amounts of market data from the exchanges. Sometimes, the data stored on the platform can cause issues with missing data, or incorrectly applied studies. A common first step in troubleshooting is to clear the ...