A neutron time projection chamber can locate the approximate direction of a neutron hot spot with high efficiency and a 4π field of view. The angular resolution can be significantly improved by adding several plastic scintillation detectors and using coincidence events. The specific performances of such a coincidence imaging system are studied based on theoretical calculations and experimental results. The calculated value of the angular resolution is approximately 2° for the current system, which agrees well with the experimental results and sets an upper limit for the angular resolution of traditional back projection based online reconstruction methods. Although the statistical iterative method can breakthrough this limit and further improve the angular resolution, the time consumption is usually a problem. The coincidence imaging system can be further optimized for future applications based on the theoretical model.