OPEN-SOURCE SCRIPT
Updated

Naked POC

163
This indicator is designed for precision traders who need to identify Institutional Footprints and Naked POCs (nPOC) without cluttering the chart. It solves the common problem of "too many signals" during trend continuations while preserving critical reversal signals (like high-volume Dojis).

🚀 Key Features

1. Fusion Technology (Global Liquidity View)

Unlike standard indicators that only look at your current chart's volume, Fusion aggregates real-time Spot volume from major exchanges (Binance, Coinbase, OKX, Bybit) simultaneously.

Why? Futures follow Spot. This reveals the true liquidity wall across the entire market, filtering out fake pump/dump moves on a single derivative exchange.

Supports BTC & ETH pairs automatically.

2. Peak Hunter Algorithm (Smart Noise Filtering)

This is the core upgrade. Instead of marking every high-volume candle (which creates a mess during waterfalls/rallies), the Peak Hunter logic only marks a level if:

The volume is a Local Peak (higher than the past $N$ candles).

Result: It ignores "follow-through" candles in a trend but perfectly captures the Start (Ignition) and the End (Stopping Volume / Doji) of a move.

3. Micro-Structure POC (The "Microscope")

When a 30m or 4H candle triggers a signal, where exactly is the support?

This script scans the internal 1-minute or 15-second data (Lower Timeframe) inside that candle to find the exact price level with the highest volume.

Note: 15s scanning requires a Premium plan; 1m works for all.

4. Smart Lifecycle Management

nPOC Lines: Support/Resistance lines extend automatically until price tests them.

Touch Limit: Once price touches a line $X$ times (configurable), the line "dies" and becomes dotted/expired, keeping your chart clean.
Release Notes
This update addresses a critical issue in identifying institutional activity: The Shadowing Effect.In previous versions, strict "Peak Filtering" would identify the largest candle in a sequence (The King) but filter out subsequent high-volume candles (The Knights) because they were slightly smaller than the first one. This led to missing valid continuation signals during aggressive waterfalls or pumps. I use "Peak Tolerance" to solve this.🛠 Key Features & Changes:1. New Algo: Peak Tolerance FactorAdded a Tolerance input (Default: 0.85).Logic: The script now allows high-volume candles to trigger valid signals if they are within 85% (adjustable) of the local peak volume.Result: You get the cleanliness of a filtered chart while successfully capturing continuous institutional flow (e.g., consecutive liquidation candles).2. Visuals: True Color Mode (WYSIWYG)Simplified the coloring logic to match pure Price Action.Green/Blue: Close $\ge$ Open.Red: Close < Open.Eliminated complex VSA coloring overrides to prevent confusion. If the bar is Red, the signal is Red.3. Adaptive Logic (Hybrid Filter)Structure Override: Keeps the logic where "Pinbars" (Long Wicks) are identified as institutional anomalies even if their volume isn't breaking new highs.Fusion Data: Optimized the cross-exchange aggregation (Binance + Coinbase + Bybit + OKX) for 15s/30s precision.⚙️ Recommended Settings for V11:Lookback: 20 (Best balance between noise filtering and responsiveness).Tolerance: 0.85 (Captures the main peak and the immediate follow-up flow).Threshold: 2.2 (Keeps the chart clean).

Disclaimer

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