How to use market statistics histogram

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Erdenebayar Lamjav
1376
Erdenebayar Lamjav  

Dear trader 

Is there any theory for market statistics histogram. I don't know what is it

Sincerely,

market

Sergey Golubev
Moderator
107419
Sergey Golubev  

read this thread (and the theory as a Word file inside zip archive on the first post of the thread) - 

Market Statistics (Volume Histogram, VWAP with SD bands)
Sergey Golubev
Moderator
107419
Sergey Golubev  

The article - The Price Histogram (Market Profile) and its implementation in MQL5".

and look at this page (for video and more) - Indicators: MarketProfile

Sergey Golubev
Moderator
107419
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Market Profile

Sergey Golubev, 2018.04.04 13:34

MarketProfile - indicator for MetaTrader 5


Market Profile is a tool widely used by futures traders.

Market Profile MetaTrader is a standard solution of the Market Profile that displays the statistical time distribution of the price, price area and control value for the day trading session. The indicator is based on the simple price movement and does not use standard MetaTrader 5 platform indicators.

ore information on the Market Profile can be found in:

See also the article "The Price Histogram (Market Profile) and its implementation in MQL5".

The author implemented different colors for the indicator: green is for the Asian session, blue is for the European one, while violet is for the American session. Working periods are M30 and M15.

..and more and more (a lot of everything on the forum and CodeBase).

For example, look at this post #4432 with market_statistics_jurik indicator attached.

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