Crypto Schlingel - PVSRA POC EMA Suite v5.903

The Chart Indicator Suite combines a wide range of powerful tools that help traders accurately analyze market structures, volatility, and key price zones. With indicators such as POC, pivot points, EMAs, VWAP, Bollinger Bands, and important market levels such as yesterday/weekly high & low, daily open, psy high/low, and ADR, the suite offers a comprehensive overview of trends and market behavior. Supplemented by pvsra candles, long candle detection, and the display of relevant stock market opening hours, it reliably supports traders in making informed trading decisions.

Indicators are configurable
All of the indicators mentioned are fully configurable and can be flexibly adapted to individual trading strategies. Users can freely adjust parameters, display types, and sensitivities to highlight exactly the market information that is relevant to their personal trading style.

The individual fields in the configuration are self-explanatory or are explained in a toolbar, so that the possible settings become clear.



POC
The Point of Control (POC) is a central concept in market profile and volume profile analysis and plays an important role in technical chart analysis. Here is a detailed description of its usefulness and significance:

Definition
The point of control (POC) is the price level at which the most trading volume has taken place within a certain period of time.
It therefore shows the price at which buyers and sellers were most active – the center of market interest.

📊 Use and significance in chart analysis
1. Central support and resistance zone
Since the largest volume was traded at the POC, this price is considered a “fair zone” or equilibrium price.

The market often reacts strongly to the POC:

• Above the POC → potential resistance if the price is coming from below.
  
• Below the POC → potential support if the price is falling from above.
  

Example: If the price returns to the POC, this can be an entry opportunity for traders betting on a market reaction.

2. Interpretation of market acceptance
A price range with high volume (including POC) shows where the market has accepted a fair value.

Low volume, on the other hand, indicates rejection or disinterest.
→ The POC therefore helps to distinguish between accepted price zones and transition areas.

PIVOT POINTS
Pivot points are predefined price levels calculated from the previous day's price data (or a previous time unit).
They help traders identify potential support and resistance zones for the current trading day (or period).

Benefits of pivot points in chart analysis

1. Determining support and resistance areas
The calculated pivot levels (P, S1, S2, R1, R2, etc.) show where the market is likely to react:

• Supports (S1, S2, S3) → possible downward turning points.
  
• Resistance (R1, R2, R3) → possible upward turning points.
  

These zones are often observed by many traders at the same time, making them self-fulfilling marks.

2. Trend determination and market sentiment

• If the market opens above the pivot (P) and remains there → signals buying pressure.
  
• If the market trades below the pivot (P) → signals selling pressure.
  
• A break above R1 or below S1 may indicate a strong trend day.
  

EMA Exponential Moving Average
The EMA is the exponentially weighted moving average of a price.
It shows the average price of a security over a certain period of time, weighted according to recency – that is:
👉 more recent price data has more influence than older data.
This distinguishes it from the simple moving average (SMA), in which all values are weighted equally.

Benefits of the EMA in chart analysis -> Identifying trends
The EMA reacts more quickly to price changes than the SMA and is therefore ideal for:

• Identifying trend reversals at an early stage
  
• Confirming trend directions
  

👉 Rising EMA → Upward trend
👉 Falling EMA → Downward trend
Traders often use combinations such as:
EMA 50 / EMA 200 → Long-term trends

SIGNIFICANCE OF HIGHS AND LOWS
The daily high, daily low, weekly high, and weekly low are objective price zones that show:
Where the market bought (high) or sold (low) the most, and where supply and demand reached their extremes in the past period.

These levels often act as magnetic price zones in ongoing trading, where traders react (entry, profit-taking, or stop setting).

🎯 Use of yesterday's high and low (previous day high/low)
🔹Support and resistance levels

• Yesterday's high often acts as resistance when the price comes from below.
  
• Yesterday's low becomes support when the price falls from above.
  

➡️ Traders watch these levels closely to trade breakouts or reversals.
EMA 9 / EMA 20 → Short-term movements

🎯 Benefits of weekly highs and lows (Weekly High/Low)

• Important structural markers in the higher time frame
  
• Weekly highs and lows show medium to long-term market structure.
  
• They are often considered stronger supports/resistances than daily levels.
  

➡️ For example, if the price breaks above the weekly high, this usually signals institutional interest and may indicate a continuation of the trend.
➡️ Conversely, failure to break above a weekly high may indicate market weakness or a reversal.

DAILY OPEN
The Daily Open is the price at which trading begins on a new day.
It marks the first price after the close of the previous trading session.
👉 In many markets (e.g., Forex, index futures, crypto), this is the starting point of daily price movement, where market direction and sentiment realign.

🎯 Benefits of the Daily Open in chart analysis
Direction indicator (daily bias)

• The Daily Open serves as a neutral center line for the current trading day.
  
• Traders use it to assess the market direction (bias):
  
• Price above the Daily Open → bullish day (buyers dominate)
  
• Price below the daily open → bearish day (sellers dominate)
  

📈 → If the daily open is broken and held above, this indicates upward momentum.
📉 → If it is broken below, this signals weakness.
This simple observation helps traders trade with the daily trend rather than against it.

STOCK MARKET OPENING HOURS
Every major stock exchange has defined trading hours during which institutional capital is active.
Examples (CET):

• Asia (Tokyo/ Hong Kong) 1:00 a.m. – 9:00 a.m.
  
• Europe (London/Frankfurt) 08:00 – 17:30
  
• USA (New York) 15:30 – 22:00
  

Market dynamics change significantly during these time windows, as volume, liquidity, and volatility fluctuate depending on the session.

📈 Benefits in chart analysis
🔹Recognizing volatility and liquidity phases
At the start of a session (e.g., 9:00 a.m. in Frankfurt or 3:30 p.m. in New York), trading volume rises sharply.

This results in strong movements, often with changes in direction or breakouts.

👉 These phases are particularly suitable for:

• Breakout strategies
  
• Volume or momentum trades
  

Example:
If an index (e.g., DAX or S&P 500) reacts strongly at the US opening, this indicates institutional activity that may shape the rest of the day.

PSY HIGH AND PSY LOW
Psy High and Psy Low stand for:

• Psychological High → the psychologically significant upper price level of a particular range
  
• Psychological Low → the psychologically significant lower price level
  

These are often round numbers or striking price zones that market participants unconsciously use as a guide.
Examples:

• For EUR/USD: 1.0500, 1.1000, 1.1500
  
• For DAX: 17,000, 17,500, 18,000
  
• For BTC/USD: 60,000, 65,000, 70,000
  

Traders also refer to such levels as “big figures” or “round numbers.”

📊 Why are psy levels so important?
Because they are based on human perception and market psychology:

👉 People think in round numbers, not in decimals such as 1.1037 or 17.264.
That's why:
Private investors often place their stop losses or take profits just above or below these levels, Institutional traders place large limit orders in these zones, and Algorithms react to the liquidity created there.

→ This results in increased volume, reaction patterns, and price movements at these levels.

ADR (Average Daily Range)
The ADR measures the average daily trading range of a market over a specific period of time – i.e., how many points, pips, or dollars the price typically moves per day.

Example:
If the DAX has moved an average of 180 points per day over the last 14 days, the ADR(14) = 180.

🎯 The benefits of ADR in chart analysis
🔹 Assessment of daily volatility
The ADR shows how much a market typically moves per day.
→ This allows you to see whether the current day is more volatile or calmer than normal.

Interpretation – Meaning
Current range < ADR
→ Market is still moving within normal limits → Potential for further movement
Current range ≈ ADR
→ Daily target largely achieved → lower probability of significant expansion
Current range > ADR
→ Market overextended → increased probability of correction or consolidation

👉 This helps you to plan entries, price targets, and stops realistically.

VWAP (Volume Weighted Average Price)
The VWAP is the volume-weighted average price of a security for a specific period of time – usually per day.

👉 Unlike a simple moving average (e.g., EMA), the VWAP takes into account how much was actually traded – not just where the price was.
It therefore reflects the fair market value, taking into account the trading volume.

🎯 Benefits of VWAP in chart analysis
🔹 Determining the fair average price
The VWAP shows where the majority of the trading volume took place – i.e., the price that the majority of market participants actually paid.
➡️ This is the “fair price of the day.”

• Price above VWAP → buyers dominate (bullish)
  
• Price below VWAP → sellers dominate (bearish)
  

This information is particularly valuable for determining the intraday bias (direction of the day).



BOLLINGER BANDS
Bollinger Bands consist of three lines based on a moving average (usually SMA 20):
Middle band:
→ usually the 20-period SMA (simple moving average)

Upper band:
→ SMA + (2 × standard deviation)

Lower band:
→ SMA − (2 × standard deviation)

👉 This means that the bands “breathe” with volatility – they widen when the market is volatile and contract when the market is calm.

🎯 The benefits of Bollinger Bands in chart analysis
🔹 Measuring market volatility
The main function of Bollinger Bands is to visualize the volatility of a market:
Wide bands → high volatility → strong movement/trend phase

Narrow bands → low volatility → calm market/consolidation

📈 When the bands contract sharply (“Bollinger squeeze”) → often a harbinger of an impending breakout.

KAMA
The KAMA was developed by Perry J. Kaufman.
Unlike normal moving averages such as SMA or EMA, it dynamically adjusts its smoothing to market conditions:

• Low volatility / strong trend → reacts faster to price movements
  
• High volatility / sideways movement → reacts slower, reduces false signals
  

The core idea: adaptability instead of rigid smoothing.

🎯 Benefits of KAMA in chart analysis
🔹 Filtering out market noise
KAMA smooths out unnecessary price fluctuations (noise) that many normal indicators mistakenly interpret as signals.
➡️ This minimizes false signals in sideways phases, while real trends remain visible.



EXTRA LARGE WICKS
A wick (or wick) is the thin line above or below the candle body:

• Top → Highest price during the period
  
• Bottom → Lowest price during the period
  
• Long wick → Significant rejection of the price at this extreme zone
  

Example: A long upper wick means that the price rose high but was then pushed back sharply.

🎯 Benefits of long wicks in chart analysis
🔹 Recognizing rejections and resistance
Long upper wick: Sellers did not allow the higher price → possible downward reversal

Long lower wick: Buyers defended the lower price → possible upward reversal

💡 The market “speaks” through these wicks: It shows where buyers or sellers are not giving in any further.