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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)

  • #101
  • Sep 13, 2017 12:19pm Sep 13, 2017 12:19pm
Dear Fellow Trader's,

I have not received any reply to my earlier query about new working version of Marekt Statistics V2 Indicator.

Please let me know how I can send Personal Message or convery message to JensItziq who had posted the Indicator as I am a new member I donot know the procedure about it. I am a newbie trader from India & keen to learn tradiing methodology about VWAP.

Thanks in Advance.
  • #102
  • Sep 13, 2017 2:10pm Sep 13, 2017 2:10pm
Hi everybody.

Since there is still some interest in Market Statistics, I will add another updated indicator here for your trial.
This one is a little bit different to use. After adding the indicator to your chart, just draw a rectangle representing the boundary of your profile.
And then it will give you a result like this one. You can find the indicator in the first post.

Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy-m30-markets-trade-53-2.png Size: 116 KB


Enjoy.

Akif,
  • #103
  • Sep 19, 2017 2:53pm Sep 19, 2017 2:53pm
I have uploaded an updated version of classic dragging line market statistics indicator.
Have fun.

Akif,

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m30-markets-trade-53.png Size: 83 KB

Attached File(s)
File Type: ex4 Akif_Market_Statistics_Drag_v1.ex4   42 KB | 2,439 downloads
  • #104
  • Sep 20, 2017 12:26am Sep 20, 2017 12:26am
Great work, many thanks Akif, Another useful addition .
  • #105
  • Sep 20, 2017 3:30am Sep 20, 2017 3:30am
Quoting akift
I have uploaded an updated version of classic dragging line market statistics indicator. Have fun. Akif, {image} {file}
many thanks
  • #106
  • Sep 20, 2017 9:38am Sep 20, 2017 9:38am
Quoting akift
I have uploaded an updated version of classic dragging line market statistics indicator. Have fun. Akif, {image} {file}
Akift many thanks for the indies they are great
the Rectangle inie , if you move the square to a new place leaves the vwap and deviation lines behind please advise?
cheers
Photize
  • #107
  • Sep 21, 2017 10:37pm Sep 21, 2017 10:37pm
Quoting photize
{quote} Akift many thanks for the indies they are great the Rectangle inie , if you move the square to a new place leaves the vwap and deviation lines behind please advise? cheers Photize
No quick solution for that now.

Akif,
  • #108
  • Sep 22, 2017 5:31am Sep 22, 2017 5:31am
Quoting akift
{quote} No quick solution for that now. Akif,
I just delete the indie
but I do have a selective delete script so I may try that with a shortcut
thanks for the effort
pho
  • #109
  • Oct 27, 2017 6:49am Oct 27, 2017 6:49am
Quoting akift
Hi everybody. Since there is still some interest in Market Statistics, I will add another updated indicator here for your trial. This one is a little bit different to use. After adding the indicator to your chart, just draw a rectangle representing the boundary of your profile. And then it will give you a result like this one. You can find the indicator in the first post. {image} Enjoy. Akif,
Hello my friend!

How do we purchase your indicator?

I couldn't find it at mql5 community shop.
  • #110
  • Nov 7, 2017 1:19pm Nov 7, 2017 1:19pm
Quoting akift
I have uploaded an updated version of classic dragging line market statistics indicator. Have fun. Akif, {image} {file}
Thanks Akift,

i'll try it.
  • #111
  • Nov 9, 2017 3:23am Nov 9, 2017 3:23am
Quoting JensItzig
Uploaded because about to expire {file}
Dear Jens
seems there is no working version of this great indie.
It actually shows everything required but I found the presentation difficult to read with my old eyes.
well I just purchased a 34" Ultrawide so wanted to give it another go in fullscreen
please advise availability of the indicator and even a link to a website which supports it
many thx
Pho
  • #112
  • Nov 14, 2017 9:40pm Nov 14, 2017 9:40pm
Quoting Gauer
{quote} Hello my friend! How do we purchase your indicator? I couldn't find it at mql5 community shop.
Hi Gauer,

If you are asking for mt5, No I havent ported the code to mql5.
And for purchasing, I am not selling anything (at least for now
These versions I put here are full functional and should be ok for your use.

Akif,
  • #113
  • Dec 11, 2017 8:46am Dec 11, 2017 8:46am
Users requesting a new version with extended expiration. Here it is

Attached File(s)
File Type: ex4 TM_MarketStatisticsV2.ex4   135 KB | 1,467 downloads
  • #114
  • Jan 30, 2018 5:46am Jan 30, 2018 5:46am
Quoting akift
I have uploaded an updated version of classic dragging line market statistics indicator. Have fun. Akif, {image} {file}
Dear akift.
currently I have been on some darker templates is there any option possible for a dark version of you indicators
cheers
Pho
  • #115
  • Feb 1, 2018 1:51pm Feb 1, 2018 1:51pm
I have read below article. But I'm not sure what VWAP trading means. A simple google search lead me to difficult-to-understand articles. Could you please explain in laymen's terms what VWAP trading is?

Article that I'm confused about:

VWAP with deviation bands above and below the baseline.
Forget about indication and analysis. If you go into any large institution that depends on executing orders such as an investment bank, the one guaranteed way they can fulfill a large customer’s order and prove best execution is to put the order into a VWAP entry system.
I personally want to be trading along the statistical boudaries of those large orders and market generated information, not guessing with calculation from a book.
Most of the stuff in this world like cars, food, insurance, clothes, and trading is performed by large corporations despite the bad press from Michael Lewis, Michael Moore and dozens of anti-establishment documentaries littering Netflix. Yes, there are tuner cars that go fast, but 95% of the parts came from a big corporate factory, with engineered CAD designs, from real educated mechanical engineers. Yes, there are methods like Gann, Fibonacci, Harmonic patterns, etc that can perform well. But most of the trades that hit the world’s markets are coming from large pension, ETF, mutual, or hedge funds through investment banks. And those large orders are 100% certainly going through real computerized systems that help the bank employees stay employed, the #1 Prime Directive of the collective institution.
When a State Fireman’s Pension fund says to execute 20 million shares by 4pm EST, the bank WILL fill that order or it loses the customer and someone gets fired - violating the prime directive. That order IS going through a VWAP system no questions asked or there’s no guarantee or proof of best execution. Figure out where that VWAP machine will work that order and a retail trade can piggyback a ride.
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  • #116
  • Feb 3, 2018 9:09am Feb 3, 2018 9:09am
Quoting michaellobry
I have read below article. But I'm not sure what VWAP trading means. A simple google search lead me to difficult-to-understand articles. Could you please explain in laymen's terms what VWAP trading is?
I am not an expert however the idea is simple. VWAP is treated as a fair price. Fair means - agreed price, true value. For institutions with need to enter big orders it is a safe price to unload chunks of that orders. They unload pieces of big order not at once. Each time price gets back to VWAP they unload piece after piece.

Imagine that VWAP is like a moving average and each time price touch it you place an order. You do it 1000 times because you have 1000 pieces of big order to place.

VWAP is a safe price + it is a benchmark. How did you unload your big order ? If you unload them on VWAP it is good execution.

Of course this is only my understaning of VWAP apllication.

--

THEORETICALLY we should treat WVAP different in different market regimes (trend, consolidation).
In trend regime VWAP is a safe price to place a trade (trend strategy with pullback to WVAP in direction of trend, running away from VWAP).
In consolidation regime - the opposite - a safe price is a price distant from the VWAP in direction of WVAP (market reversion strategy in direction of WVAP, running towards VWAP).

--
THEORETICALLY
In trend regime - anchor VWAP at the begining of trending move.
In consolidation regime - anchor VWAP at the beginning of consolidation.

--

THEORETICALLY
In trend regime - do not use mean reversion strategy.
In consolidation regime - do not use trend strategy.

--

All that is only a THEORY - a concept which may be a kind of base for structuring the market (defining a regime, its beginning).

--

THEROETICALLY
In trend regime you ALSO find consolidation phase (pullback to the VWAP) . They should be ignored on your operational timerframe. Howevere they can be recognized on smaller timeframe as a separate environment where you can apply market reversion strategy.
In consolidation regime you ALSO find trend phases (swing towards the VWAP). They should be ignored on your operational timerframe. Howevere they can be recognized on smaller timeframe as a separate environment where you can apply trend strategy.

--

Pls treat this post only as a theoretical concept of definitions of market structure.

--

Attached - a consolidation phase in trend regime.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1.png Size: 50 KB
  • #117
  • Mar 4, 2018 8:05am Mar 4, 2018 8:05am
hi akift. do u still have the position size video and hup video that u canupload here? i was at traders laboratory's forum and it seems their links for these 2 files do not work. tyvm.
  • #118
  • Apr 17, 2018 11:53am Apr 17, 2018 11:53am
Quoting AzuShi
hi akift. do u still have the position size video and hup video that u canupload here? i was at traders laboratory's forum and it seems their links for these 2 files do not work. tyvm.
Hi Azushi,

Sorry I had them on a disk which I cant find right now. I will upload them if I find them.
Akif,
  • #119
  • May 31, 2018 3:46am May 31, 2018 3:46am
Quoting ffpriceactio
{quote} I am not an expert however the idea is simple. VWAP is treated as a fair price. Fair means - agreed price, true value. For institutions with need to enter big orders it is a safe price to unload chunks of that orders. They unload pieces of big order not at once. Each time price gets back to VWAP they unload piece after piece. Imagine that VWAP is like a moving average and each time price touch it you place an order. You do it 1000 times because you have 1000 pieces of big order to place. VWAP is a safe price + it is a benchmark. How did...
Thank you. I appreciate it a lot.

Research:
Attached I found similar indicators.

Method:
Thank you for explaining the theoretic method how to use this system. There must be certainly more methods than the ones you posted. I came up with these methods:
- high volume prices: use ranged system
- low volume prices: use trend system. Once you arrived in the blue zone in the image that you uploaded, use a trend system.
- make use of fractals: use an indicator that calculates volatility bars for each candle. Check each timeframe and if one M5 for example is very volatile wait until breakout (after ... candles). H1 might be more ranging, so use a range system on that timeframe.
- max_volume_cluster: look at the image named candle vs bars. Combine VWAP with multilevel hedge of 1 pip per new level of max 5 pips. Argument: after 5 levels is the next max_volume_cluster (which is second biggest)

Question:
- what additional indicators and TP/SL do you suggest?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: maxresdefault.jpg Size: 127 KB
Click to Enlarge Name: 1b.-New-FX-Alpha.png Size: 198 KB
Click to Enlarge Name: 122720_popup.jpg Size: 132 KB
Click to Enlarge Name: Volume-Profile.png Size: 51 KB
Click to Enlarge Name: Volume-Impression-Split.png Size: 58 KB
Click to Enlarge Name: eurusd_2012_09_26.png Size: 39 KB
Click to Enlarge Name: VolumeByPrice_img4.png Size: 51 KB
Attached Images
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  • #120
  • Jul 27, 2018 9:09am Jul 27, 2018 9:09am
Akift, the current version is expiring in 48 days. Any chance you are going to extend it again? Thanks for your hard work into this project, it really does the job for me!
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