Intrabar Delta and Point of Control Trading Across Sessions

Summary

This document presents a multi-session strategy built around lower-timeframe volume delta and point of control (POC) analysis. It describes a Pine Script setup with optional London, New York, and Asia session filters, configurable trade sizing, fixed percentage stop and target levels, and an optional trailing stop. The code begins by collecting one-minute prices, volume, highs, and lows to calculate intrabar delta and POC; the supplied excerpt ends before the calculations and trade rules are complete.

The document also exposes chart and backtest controls, but provides no completed entry or exit logic, performance results, or evidence that the approach is profitable. Since the source is truncated, the exact delta classification, POC-zone construction, and role of any signal timeframe cannot be established. Treat it as an incomplete strategy implementation rather than a validated method.

Key ideas

• The script is designed to calculate volume delta and POC from one-minute data within each chart bar.
• Session filters can restrict trading to London, New York, or Asia hours, or allow trading at all times.
• The settings include fixed percentage stop and target levels, with an optional trailing stop.
• The excerpt ends before the core calculations and trade rules are fully shown, and it reports no backtest evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.