[jen.cormick]

Here i want to open a topic that uses the well-know market statistics strategy on MT4.

I'm becoming a big fan of market profile, VSA, market statistics right now and hope to find companions for that way.

If you are not familar with it, no problem. The original inventor of that strategy has done a great job and wrote a series of threads (including a bunch of videos) how to trade it. You can find the informations there lhttp://www.traderslaboratory.com/forums ... links.html

The volume base analysis is not easy with MT4 so i guess that's the reason that this strategy is not that spread among the MT4 users. I'm still waiting that my broker has MT5 ready then we have tickdata and better data for that also.

To get MT4 user on board i have created an indicator that shows all the relevant data for that strategy, so you (we) are able to trade this strategy.

market_statistics_1.png

market_statistics_pvp.png

market_statistics_vwap.png

market_statistics_vwap-sdbands.png

And the indicator itself.
TM_MarketStatisticsV2.ex4

I hope that i'm able to extend the arsenal in the next time with some additional stuff and also find time to trade (hopefully with you together) and proof that this strategy is worth to be traded.

Thanks Gordon for your work and effort.

[Xande]

I've watched all the videos over the weekend. This is very interesting indeed. I used trade PVSR (price/volume/support/resistance) on naked charts, but as you said, the volume analysis gets to be very tricky on MT4. This system gives a simpler way to analyse PVSR. Do you trade FX with it or just CFDs? Thanks Gordon.

[tgm0]

And the indicator itself.
TM_MarketStatisticsV2.ex4

Hello Gordon.
The indicator expired today.
Hope you are still around and managed to add some extra feature as you were talking about.
Looking forward to have this wonderful tool back up and running.

BR,
Mauro

[Gordon]

Hi,
back from holiday.

Here the current version with extended expiration.

Kind regards