nPOC Levels & How I Use Them

how's it going today guys Castillo trading coming to you with another video Lesson for the day I have made a video Lesson on this before but I want to just do another one just because I did it

about a year ago and some things have kind of changed as far as the indicator goes but this is going to be a video on my NPC and daily POC prints over on trading view I get questions about this

almost all the time time guys this is something that a lot of people reach out to me for and so this video is going to go over how I use them for trading where I go to use them for trading and you know where you can go elsewhere to kind

of get npoc levels as far as like volume profiling goes because there's much more to volume profiling other than just NP levels you know the way that I like to say my version is is more like a dumb

down version of finding a specific area that makes you know a higher risk reward entry but to go into this guys first things first if you have not subscribed to my YouTube channel head on over there and subscribe I'm coming out with a lot

more content a lot more shorts a lot more videos for you guys this was that first npoc video that we did about a year ago we're going to do another one today kind of just going over some updates that sort of thing but one thing

I do want to talk about with volume profile is you can get a lot of this information from certain platforms like EXO charts Sierra charts things like that they really do have a good breakdown and a more complex breakdown

of what to look into as far as volume profiling goes value area highs value area low there's Deltas there's different things that go into it and Sierra charts and EXO charts really do bring to light all of that information if that's something that you're looking

for but this is kind of what volume profiling looks like is just volume on the side right on the Candlestick so you know what I like to do is I like to go into ethereum and BTC and we can kind of

just go over exactly how to go over this and you know kind of just add this to your charts as well guys so first thing is first the indicator that I have on here is called SVP now the prior video

it was called like svpv or something like that but this one they've changed it they've updated it so again that's why I'm making this video and I don't think I have anything in the inputs changed from just the default I

think value area volume is 70 I'm not sure what the default is but this is what I have it as row size 24 and then really the only thing is extend the PCC to the right you can extend value area high value area to the low to the right

as well but the one thing that is important to me is the naked point of control guys and that is where the most volume comes in on a specific day or time frame right depending on what time

frame you're looking and so I'm going to go over what I use you know the charts that I use the time frame that I use that sort of thing within this but these are the inputs for the settings again

guys the indicator is called SVP so add that to your chart like it doesn't create NP levels past a certain point I'm not exactly sure so you're going to have some NP prints that aren't going to

be on this I've been doing this for years and I've been mapping them for years so you know I have prints up top that the indicator that you add will not find these but again if you want any questions or you know as to answers on

some of these the reason being is we have np's all the way to the right as well and being on this time frame I think the NPC's only get created from about you know a couple months back maybe a year back that sort of thing so

there is some data missing but again if you really really want to map them all you just have to go to replay and go back and then you can get the data that comes from the prior days as far as NPC levels goes that's how you can kind of

get some of these ones up here so you know that is a quick breakdown of what I look for the indicator that I use and then also when you get these prints there's not going to be an npoc so what

I go in is I actually add them myself and I kind of map them with a horizontal Ray and then I kind of add NP so we can kind of just you know obviously here and then this one is going to be

3745 and then to mark them and establish them just the template I use as npoc and then that's how we kind of mark them as NPC's that have not been touched right because because what happens Within

These prints is once price action kind of starts to touch these areas and to hit these prints is they kind of close as you can kind of see on this Wick we kind of had a big move up and then it closed these np's and then you know

price action continued so that's exactly what we look for on BTC right that's exactly what we look for within our strategy is to kind of find different npoc prints have patience for those

prints and then we can kind of go based off of that but I do want to use an example on ethereum so ethereum here was a great great bid that a lot of my members caught based off of np's and

this is exactly kind of what we're looking to do if we go on replay we saw that we had two npoc prints down at the bottom around this, 1550 1540 and when price action was

extended above those NPC prints we wanted a retest of that level and once we got a retest of that level that's where we wanted to Long right so while a lot of people are kind of chasing long

in this Wick NPC's can just keep you grounded to have a game plan and have patience for that game plan to unfold so we didn't want to log into the wick moving higher what we wanted to do is

have patience for these NPC's at 1553 and 1545 and if we continue to just play this it was honestly one of the perfect

entries for ethereum going forward you know we had a drop to the downside closed these NPC's got some entries and then we can just continue you guys know

how things have happened we've moved up from there so again this is just some something that I use as an indicator that adds Confluence for my trading right now are these areas and are these

levels going to be 100% foolproof and you're going to become a millionaire overnight just by using them no they're levels of areas of Interest right so just looking at BTC we can see that we

have an npoc down here at 3745 now that is our next area of interest to long and of course things are going to depend based on your time

frame and going into time frame for me you you can use this SVP indicator on anything you want you can use it on any pairing of ethereum any pairing of BTC you could use it on altcoins if you want

to but again guys you have to stick to one so for me I use npoc levels for bitmex charting on BTC and ethereum on the 4H hour now there's going to be prints that you know vary all these

levels aren't going to be exact based on Exchange because this is going to be the bitmex exchange and volume inflow on specific days vary from exchange to exchange so buybit may not have the same

NP prints as bitette and bitette may not have the same NPC prints as bitmex and you know so on and so forth so my biggest advice to people is just pick one and stick to one stick to a time

frame either you know I think it's going to be either the 2 hour the 4 Hour or the 12 hour those are the three within NP levels that make the most sense for me but I stick with 4our both on BTC and

ethereum and I chart them on bitmex as well again you can use buybit you can use binance whatever works best for you but again I'm always going to be using bitmax and so some of these prints may vary from time to time I get a lot of

messages saying well why don't I have an NP here that you do or why is the exact dollar not the same to yours well here's the answer guys because each exchange will vary based on volume for that day

so bitmax may get a print that happens right here but by bits print is going to be just like a little bit lower or they might not have a print at all right so things are going to vary but my biggest

advice to you guys for this is just stick to one so that's currently you know what we look for and then we can kind of go setting up game plans based on that right like if you don't have any long exposure to ethereum but you don't

want to chase well then just create a game plan we have some NP Prints Lower well why don't you just have a little bit patience for 1796 to kind of come close out those npoc levels and this is where you can kind of get your long

entry and then based on your position size based on the entry that you get you can kind of run your risk based off of you know a percentage loss A Hard stop loss or just like a run-of the lows Wicks levels that sort of thing

depending on you know what you think is going to be the best stop loss for this specific setup but again guys I have to reiterate this isn't a foolproof system that is going to make you a millionaire

all this does it gives you areas of interest to the upside areas of interest to the downside you create game plans with them and then you capitalize on those game plans with your trading and so you know same thing for ethereum

right you know for the upside if you want to short wait for a level of upside to short into you know don't just blindly short when you don't have anything as for right now we're waiting for 1995 to kind of short into and maybe

get a move down so we have our Longs we have our shorts and it's just a matter of waiting for those to play out I always say that there's three good components to each trade right three of them the first one is creating a plan

for that trade the second one is having patience for that plan to unfold and the third one is actually capitalizing and sticking to that game plan so I hope that this video can be you know some

help to you guys again the indicator is called SVP and if you guys aren't over in my telegram please please DM me to get over in the telegram because I'll do a lot more explaining with these levels throughout each day you know each day

I'm in the telegram bright and early in the morning all the way until Market close all the way until the end of the night I'm giving you guys updates so I hope you guys have a great rest of your week and I'll see you guys over in the

telegram [Music] peace