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Attachments: Market Statistics (Volume Histogram, VWAP with SD bands)
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Market Statistics (Volume Histogram, VWAP with SD bands)

  • #81
  • Jul 31, 2017 6:09am Jul 31, 2017 6:09am
if you turn off the volume panel on the left of chart you still get chart shift on. is there any way to turn off chart shift which is permanently on?
  • #82
  • Jul 31, 2017 6:09am Jul 31, 2017 6:09am
I mean volume panel on right of chart
  • #83
  • Aug 10, 2017 8:45pm Aug 10, 2017 8:45pm
Very interesting indicator. I started watching it today. I have watched most of the videos posted in post # 1.

I am just wondering what happens when the indicator expires?

Are you guys still testing and trading this method?

Thanks
Know your edge and trade within it
  • #84
  • Aug 11, 2017 4:46am Aug 11, 2017 4:46am
yes ive just discovered this indicator to. its a great indicator
  • #85
  • Aug 11, 2017 5:23am Aug 11, 2017 5:23am
Quoting craig65
yes ive just discovered this indicator to. its a great indicator
Awesome me too. I just need to learn now to use it properly . I need to see more example of trades too.
Know your edge and trade within it
  • #86
  • Aug 11, 2017 8:17am Aug 11, 2017 8:17am
This is my version. No limit to use.

Indy export values to global variables for outside use

Export values:
GlobalVariableSet("Market_Statistics_jack1"+Symbol()+Period()+"PVP", NormalizeDouble(PVP[1], Digits) );
GlobalVariableSet("Market_Statistics_jack1"+Symbol()+Period()+"VWAP", NormalizeDouble(VWAP[1], Digits) );
GlobalVariableSet("Market_Statistics_jack1"+Symbol()+Period()+"SD1Pos", NormalizeDouble(SD1Pos[1],Digits) );
GlobalVariableSet("Market_Statistics_jack1"+Symbol()+Period()+"SD1Neg", NormalizeDouble(SD1Neg[1],Digits) );
GlobalVariableSet("Market_Statistics_jack1"+Symbol()+Period()+"SD2Pos", NormalizeDouble(SD2Pos[1],Digits) );
GlobalVariableSet("Market_Statistics_jack1"+Symbol()+Period()+"SD2Neg", NormalizeDouble(SD2Neg[1],Digits) );
GlobalVariableSet("Market_Statistics_jack1"+Symbol()+Period()+"SD3Pos", NormalizeDouble(SD3Pos[1],Digits) );
GlobalVariableSet("Market_Statistics_jack1"+Symbol()+Period()+"SD3Neg", NormalizeDouble(SD3Neg[1],Digits) );
Attached File(s)
File Type: ex4 Market_Statistics_jack1.ex4   34 KB | 1,430 downloads
  • #87
  • Aug 11, 2017 9:09am Aug 11, 2017 9:09am
Quoting Jack168
This is my version. No limit to use. Indy export values to global variables for outside use Export values: GlobalVariableSet("Market_Statistics_jack1"+Symbol()+Period()+"PVP", NormalizeDouble(PVP[1], Digits) ); GlobalVariableSet("Market_Statistics_jack1"+Symbol()+Period()+"VWAP", NormalizeDouble(VWAP[1], Digits) ); GlobalVariableSet("Market_Statistics_jack1"+Symbol()+Period()+"SD1Pos", NormalizeDouble(SD1Pos[1],Digits) ); GlobalVariableSet("Market_Statistics_jack1"+Symbol()+Period()+"SD1Neg", NormalizeDouble(SD1Neg[1],Digits) ); GlobalVariableSet("Market_Statistics_jack1"+Symbol()+Period()+"SD2Pos",...
This looks perfect.
Can you add a Vertical-line so that the Trader can choose his own period (right now I can only choose the period for Market Statistics in the Indi-window with typing a specific number but I afind it much more handier to drag a Vertical-line to a specific point to see the Volume behaviour)
Thanks for an info.
Reg.Zack
  • #88
  • Aug 11, 2017 11:50am Aug 11, 2017 11:50am
For intraday use, "daysBack" = 0; "startHour" =4, (Asian Open), you can select any time. "startMinute=xx". You can set up these two time parameter to move Gold color vertical line to a location, eg European open, London open, or US open. I prefer vertical line at last intraday peak or trough.

For daily chart, "daysBack" can be set up on last swing high or swing low for display a trend movement. But, increase "daysBack" every day, till, vwap is closed down by daily bar.

You can see the same value of vwap on any time frame, eg, daily, H4, H1, etc. same ma for all traders. unique line on chart as a clear cut-off line for bull/bear, which is the best feature for this indicator.
Attached Image (click to enlarge)
Click to Enlarge Name: Gbp_usd_D1_11-8-2017.jpg Size: 94 KB
  • #89
  • Aug 11, 2017 2:24pm Aug 11, 2017 2:24pm
Quoting Jack168
For intraday use, "daysBack" = 0; "startHour" =4, (Asian Open), you can select any time. "startMinute=xx". You can set up these two time parameter to move Gold color vertical line to a location, eg European open, London open, or US open. I prefer vertical line at last intraday peak or trough. For daily chart, "daysBack" can be set up on last swing high or swing low for display a trend movement. But, increase "daysBack" every day, till, vwap is closed down by daily bar. You can see the same value of vwap on any time frame, eg, daily, H4, H1, etc....
Thank you Jack for an open MStats indi. It usable for my offline chart too by setting daysback = 20, startHours = 0 and startMinuter - 0. I managed to see at which price the volume increases by looking at the histogram & historical prices. Perhaps I could digest more info from this indi,
Attached Image (click to enlarge)
Click to Enlarge Name: Snap 2017-08-12 at 03.23.44.png Size: 55 KB
  • #90
  • Aug 12, 2017 2:22am Aug 12, 2017 2:22am
thanks for great indicator jack. can I just leave the indicator on its default Asian open settings? if I trade the European and American markets as well, do I have to adjust the settings for lets say the European open or will it automatically do this?
  • #91
  • Aug 12, 2017 7:50am Aug 12, 2017 7:50am
1. Yes, you can use Asian open time as a start point for this indy. If European open is used, "startHour" = 8. It is not automatically changed.
2. For better use of volume profile (left side profile, "daysBack" can be set as 1 ("daysBack" =1), that is the last day and today volume/price profile, support/resistance won't last for too long due to pending orders will be cancelled out, or buyers/sellers will leave.
  • #92
  • Aug 14, 2017 2:42am Aug 14, 2017 2:42am
jack the volume indicator isn't working on my charts. can I use 5min and 15min charts? I'm getting white lines across my chart and the volume blue bars disappear. and also the vwap doesn't seem to work for the dax. it works for the uk100 index and everything else but not the dax
  • #93
  • Aug 14, 2017 9:58am Aug 14, 2017 9:58am
Dax needs a long waiting for load data. It is a problem for me, too. Wait while.
Some time frame seem no volume data or hard to load up data.
  • #94
  • Aug 14, 2017 10:25am Aug 14, 2017 10:25am
Dax got a problem. It starts trading at 9 am on my MT4. So, set up "startHour"=9 or 10. Otherwise, it couldn't find start bar. Looping there.

Load Dax chart, check start time for the day. Then, set up "startHour"=9.
  • #95
  • Aug 15, 2017 2:48am Aug 15, 2017 2:48am
thanks jack
  • #96
  • Aug 15, 2017 10:33am Aug 15, 2017 10:33am
no worry, enjoy! vwap is a powerful ma which independs with various time frames for intraday trade. it can give out a clear cut-off directional bias and risk control. a lots of algo live on it.
Attached Image (click to enlarge)
Click to Enlarge Name: Eur-usd_M15_MomentumCycleTrade_15-8-2017.jpg Size: 162 KB
  • #97
  • Aug 15, 2017 10:49am Aug 15, 2017 10:49am
Quoting zackery
{quote} This looks perfect. Can you add a Vertical-line so that the Trader can choose his own period (right now I can only choose the period for Market Statistics in the Indi-window with typing a specific number but I afind it much more handier to drag a Vertical-line to a specific point to see the Volume behaviour) Thanks for an info. Reg.Zack
Thanks for an answer(please see my last suggestion above) as I think it would be way better for Traders like mne tarding in the D1-Tf to get the option to drag and drop the Vertical-line to wherever it fits the speciifc style.
Reg.Zack
  • #98
  • Aug 15, 2017 11:02am Aug 15, 2017 11:02am
Quoting zackery
{quote} Thanks for an answer(please see my last suggestion above) as I think it would be way better for Traders like mne tarding in the D1-Tf to get the option to drag and drop the Vertical-line to wherever it fits the speciifc style. Reg.Zack
The function of drag & drop "start time" need a lot of work in coding and re-test. It will also cause a problem in reliability.
This indy is just used in algo, so, simplicity and reliability is no. 1 consideration. Sorry, I won't do any more.
  • #99
  • Aug 24, 2017 2:53am Aug 24, 2017 2:53am
jack everything seems perfect with the vwap now including the dax on "9". the usd/jpy vwap seems out by about 10 pips. any idea what setting would work here, like "6" or something in the vwap setting.
  • #100
  • Sep 6, 2017 6:16am Sep 6, 2017 6:16am
Quoting JensItzig
Uploaded because about to expire {file}
Hello Fellow Forex Traders,
I am new to this forum. I have download the Market Statistics V2 Indiactor but its says its expired. Please let me know if any one has new version of it.

Thanking EveryOne.
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