The ''V.C Box Chart Index'' shows the shortest possible wave. It graphically shows the continuous up movement or continuous down movement in the form of a box. As soon as the direction changes, the box changes as well.
It is an effortless way to show the price change that occurred in the box visually. It also correlates to what Wyckoff said about as the buying...
![BTCUSDTPERP: [VC] Box Chart Index V1.0](https://s3.tradingview.com/w/W6uCU2RQ_mid.png "[VC] Box Chart Index V1.0")
