PROTECTED SOURCE SCRIPT
RVOL & NPOCs

RVOL + nPOC identifies high volume bars and marks their price levels as potential support/resistance zones.
HOW IT WORKS
- RVOL (Relative Volume) compares current volume to 20-period average
- When RVOL ≥ 1.5x, a naked POC (nPOC) is created at the bar's typical price
- nPOC lines extend until price retests the level
- Once touched, lines disappear (or turn gray if "Show Touched" is enabled)
WHY IT MATTERS
High volume bars represent significant market participation. The price levels where this volume occurred often act as:
- Mean reversion zones — price tends to return to these levels (95% retest rate)
- Support/Resistance — confluence with your existing S/R analysis
- Decision points — where buyers and sellers previously agreed on value
SETTINGS
RVOL
- Period: SMA length for average volume (default: 20)
- Threshold: RVOL multiplier to trigger POC (default: 1.5x)
POC
- Max POCs: Maximum lines displayed (default: 15)
- Show Touched: Keep tested POCs visible in gray (default: off)
ALERTS
- RVOL Spike Bullish — High volume + green candle
- RVOL Spike Bearish — High volume + red candle
- nPOC Touched — Price retests a naked POC
BEST PRACTICES
- Use on Daily/Weekly for swing trading levels
- Use on H1/H4 for intraday reference points
- Combine with your own S/R analysis — nPOCs add confluence, not standalone signals
- Set alerts on multiple timeframes for complete coverage
Based on analysis of 281 POCs on BTC Daily (2018-2024):
- 95% retest rate within 90 days
- 87% retest within 7 days
- Median time to retest: 1 day
HOW IT WORKS
- RVOL (Relative Volume) compares current volume to 20-period average
- When RVOL ≥ 1.5x, a naked POC (nPOC) is created at the bar's typical price
- nPOC lines extend until price retests the level
- Once touched, lines disappear (or turn gray if "Show Touched" is enabled)
WHY IT MATTERS
High volume bars represent significant market participation. The price levels where this volume occurred often act as:
- Mean reversion zones — price tends to return to these levels (95% retest rate)
- Support/Resistance — confluence with your existing S/R analysis
- Decision points — where buyers and sellers previously agreed on value
SETTINGS
RVOL
- Period: SMA length for average volume (default: 20)
- Threshold: RVOL multiplier to trigger POC (default: 1.5x)
POC
- Max POCs: Maximum lines displayed (default: 15)
- Show Touched: Keep tested POCs visible in gray (default: off)
ALERTS
- RVOL Spike Bullish — High volume + green candle
- RVOL Spike Bearish — High volume + red candle
- nPOC Touched — Price retests a naked POC
BEST PRACTICES
- Use on Daily/Weekly for swing trading levels
- Use on H1/H4 for intraday reference points
- Combine with your own S/R analysis — nPOCs add confluence, not standalone signals
- Set alerts on multiple timeframes for complete coverage
Based on analysis of 281 POCs on BTC Daily (2018-2024):
- 95% retest rate within 90 days
- 87% retest within 7 days
- Median time to retest: 1 day
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.