There was some discussion today about the developing Value Area and developing POC. I believe that we decided that the DVA and DPOC are not as accurate if the MP chart is long and thin because of inconsistencies in the way different charting packages calculate these values. This is compounded by the fact that values received from data vendors do not always line up and so different traders get different readings at the same time.

When the MP chart is short and wide these discrepencies are less likely to happen and there is more agreement with the DVA and DPOC.

Comments? Additions? Corrections?

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Originally posted by guy

There was some discussion today about the developing Value Area and developing POC. I believe that we decided that the DVA and DPOC are not as accurate if the MP chart is long and thin because of inconsistencies in the way different charting packages calculate these values. This is compounded by the fact that values received from data vendors do not always line up and so different traders get different readings at the same time.

When the MP chart is short and wide these discrepencies are less likely to happen and there is more agreement with the DVA and DPOC.

Comments? Additions? Corrections?

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I have been relying on the data for quite some time now and have had great results I don"t believe that these discrepencies are going to make or break the trade for you.

Thanks JP - good to hear that from someone who's been using it for a long time.