Trinity POC Breakout

The Trinity POC Breakout indicator identifies short-term momentum shifts by analyzing volume footprint data to detect breakouts from the Point of Control (POC). It aims to provide traders with high-conviction entry signals based on where the highest volume was traded within a specific price bar, combined with trend and delta filters.

Usage

The tool is primarily designed for intraday scalping on lower timeframes like the 3-minute or 5-minute charts, though it remains adaptable for hourly and daily timeframes. Traders can use the indicator to spot potential "Call" or "Put" opportunities when price action breaks out of the established volume clusters.

• Bullish Breakout (Bull BR): Occurs when the price closes above the upper edge of the POC zone. This is often used for long entries or buying calls.
• Bearish Breakout (Bear BR): Occurs when the price closes below the lower edge of the POC zone. This is often used for short entries or buying puts.

Details

This script utilizes the advanced request.footprint() function to access granular buy/sell volume data. It calculates a Value Area (default 70%) and identifies the POC—the price level with the highest traded volume. By visualizing this area as a dynamic zone, the script highlights institutional interest levels. The integration of volume delta (the difference between buying and selling pressure) and a 34 EMA trend filter helps ensure that signals align with both order flow momentum and the broader market trend.

Settings

• Ticks per Footprint Row: Determines the granularity of the volume breakdown. Lower values (50-100) are better for scalping, while higher values (150-300) are suited for higher timeframes.
• Value Area %: Sets the percentage of volume used to define the POC zone. A higher percentage creates a wider, more significant zone.
• Show POC Zone Fill: Toggles the visual orange fill between the POC upper and lower price levels.
• Use Delta Increase Filter: When enabled, bullish signals require positive/increasing delta, and bearish signals require negative/decreasing delta.
• Use EMA Trend Filter: Filters signals based on the price relation to the EMA. Longs are only shown above the EMA, and shorts only below.
• EMA Length: Sets the period for the trend filter (default is 34).

FAQ

How do I use the Trinity POC Breakout?

Apply the indicator to your chart and look for "Bull BR" or "Bear BR" labels. Ensure the price breakout is supported by the optional Delta and EMA filters for higher probability setups.

Why are there no zones appearing on my chart?

The indicator requires footprint data. Ensure you are on a symbol and timeframe that supports volume data, and verify if your current subscription plan includes access to intraday footprint features.

How can I access Trinity POC Breakout?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.