StatMap V4: Major Update
What's New in Statistical Mapping V4
Statistical Mapping V4 represents a complete evolution of how traders interact with statistical price projections with big updates to Statistical Mapping and Statistical Volatility.
Unified Interface
The most transformative change in V4 is the unification of OHLC and Session StatMaps into a single powerful script. Previously, traders needed to switch between separate indicators depending on whether they were analyzing standard timeframes or custom sessions. Now everything exists in one place with a cleaner, more intuitive setup supporting 3 timeframes plus 3 custom sessions simultaneously.
This consolidation eliminates the complexity of managing multiple indicators and ensures consistency across all analysis types.
Custom Daily Anchors
Traders can now define their own daily session start time instead of being locked to midnight. This feature is perfect for markets that have significant openings that don't align with midnight, such as the NYSE opening bell at 09:30 or the London market open at 08:00.
The custom anchor works seamlessly with any timezone, ensuring that daily statistics accurately reflect actual trading behavior rather than arbitrary time boundaries.
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Day-of-Week Intelligence
V4 introduces the ability to aggregate statistics by weekday. Instead of treating all 10:00 bars the same regardless of day, the indicator can now separate Monday behavior from Friday behavior at the same time.
This feature is especially valuable for intraday timeframes and custom sessions, where specific days often exhibit distinctly different characteristics. For instance, Monday morning volatility patterns frequently differ significantly from Friday afternoon behavior.
Display Mode Control
The new display mode setting allows traders to toggle between StatMap Levels, Liquidity Levels, or Both. This decluttering feature helps focus analysis on what matters most at any given moment without removing features from the chart entirely.
Enhanced Liquidity Detection
Liquidity analysis has been significantly improved with several key enhancements:
Time window controls to focus on recent liquidity points
Threshold windows around levels for visual guidance
More precise liquidity-to-level matching algorithms
These improvements make it easier to identify where significant stop loss orders accumulate and track when institutional traders hunt these liquidity pools.
Smarter Tooltips and Consistent Levels
Tooltips now display calculation method, unit, and sample size, providing better context for each projected level. Additionally, levels remain consistent across different chart timeframes and sessions, eliminating discrepancies that previously occurred when switching between timeframes.
Quarterly Table for Sessions
Custom sessions now include the detailed quarterly table view that was previously only available for standard timeframes. This addition allows traders to track which quarter of their session touched each level, providing valuable timing insights.
What's New in Statistical Volatility V4
Statistical Volatility V4 brings unprecedented flexibility and a comprehensive alert system that tracks displacement events throughout their entire lifecycle.
Flexible Timeframes
The most significant enhancement is the ability to detect displacements on any timeframe, not just the chart timeframe. Traders can now analyze displacement events across multiple timeframes simultaneously, viewing higher timeframe displacements on lower timeframe charts for better context.
This capability transforms how traders understand volatility structure across different time horizons.
History Management
V4 introduces two distinct modes for managing displacement history:
Count Mode: Keep the last N displacement ranges on the chart
Time Mode: Keep all ranges within a specific time window (such as the last 24 hours)
This flexibility provides better control over chart clutter while ensuring relevant displacement information remains visible.
Advanced Candle Coloring
The new option to force chart timeframe colors when viewing higher timeframe displacements provides more intuitive visual feedback. This feature maintains granular candle coloring on lower timeframes while analyzing higher timeframe displacement structure.
Improved Graph Pane and Table Display
The graph pane now includes reference lines at 0.00, 0.33, 0.66, and 1.00 for quick visual assessment of relative volatility levels. The enhanced table display shows the last 3 displacement events with time labels that automatically adapt to the selected timeframe.
Advanced Alerts: Complete Displacement Lifecycle Monitoring
Statistical Volatility V4 introduces a comprehensive alert system that tracks displacement events throughout their entire lifecycle with three distinct alert types:
Creation Alert: Fires when a new displacement is detected in real-time.
First Touch Alert: Triggers on the first boundary touch of the displacement range.
Midpoint Touch Alert: Fires when price touches the 50% retracement level of the displacement range.
Each alert uses one-shot logic with state tracking, preventing alert spam while maintaining comprehensive coverage. Alerts include detailed contextual information such as direction indicators, displacement details, and symbol ticker.
By default, Creation and First Touch alerts are enabled. Traders using mean reversion strategies can enable Midpoint Touch alerts for complete lifecycle monitoring.
Changelog
Statistical Mapping
v1
v1.0
2024/02/12
OHLC Statistical Mapping Pro+ initial release.
Introduced core indicator for historical candle data analysis using ICT (Inner Circle Trader) principles, manipulation, distribution, and time pivots.
Enabled visualization of average ranges and real-time candlestick statistics for advanced market structure analysis.
New tool for visualizing average ranges and real-time candlestick stats
v1.1
2024/02/19
Table style adapts to dark backgrounds.
Added line width adjustments and ability to extend lines to timeframe close.
Fixed Midnight Open bug causing system errors.
Default base transparency set to 0 for better visibility
v1.2
2024/05/22
Session Statistical Mapping Pro+ initial release.
Same concept as OHLC StatMap, but for custom sessions.
Real-time updates with each session for dynamic plotting.
v1.2.1
2024/06/20
Minor bug fixes and dark theme support.
v1.3
2024/06/29
Added Macro Statistical Mapping and Silver Bullet Statistical Mapping.
Custom time zone support.
v1.4
2024/07/19
Alerts added for statistical levels and events (OHLC) and session events (Session).
Improved monthly levels calculations (OHLC).
v2
v2.0 OHLC StatMap
2024/09/04
Extended historical lookback to up to 50 years for robust statistical calculations.
Ensured consistent price levels across timeframes.
Enhanced chart options and customization.
Clear labeling for midnight projections (OHLC).
Faster loading times and handling of bank holiday projections (OHLC).
v2.1 OHLC/Session
2024/10/15
Increased flexibility for traders across all asset classes.
Table color fixes, different label positions (OHLC).
Custom timezone support (OHLC).
New calculation methods: mean/median, points/percent.
Timezone label fixes for custom timezones (Session).
v2.2 OHLC/Session
2024/10/15
Stat Map Liquidity added to both indicators:
Liquidity detection and raid visualizations.
Custom liquidity pools.
Opportunity range detection for liquidity.
Liquidity filtering before current Stat Map.
v3
v3.0 OHLC/Session
2025/02/12
Consistent Midnight Open levels across timeframes.
Mean and median range option to plot both simultaneously, creating visual reversal zones.
Historical data on current contracts (quarterly contracts support for continuous futures).
Full integration with continuous futures data for accurate historical levels.
v3.1 OHLC
2025/06/17
Added MTF Daily Midnight Open for EST Timezone Support.
Memory limit handling improvements.[1]
v4
v4.0 OHLC/Session
2025/11/05
Unified Interface
- Combined OHLC and Session StatMaps into one powerful script
- No more switching between indicators — everything in one place
- Cleaner, more intuitive setup with 3 timeframes + 3 custom sessions
Custom Daily Anchors
- Define your own daily session start time (not just midnight)
- Perfect for sessions that don’t align with midnight (e.g., 09:30 NYSE)
- Works seamlessly with any timezone
Day-of-Week Intelligence
- Aggregate statistics by weekday
- Compare how eg Mondays differ from Fridays for intraday timeframes and custom sessions
Display Mode Control
- Toggle StatMap Levels, Liquidity Levels, or Both
- Declutter your chart to focus analysis
Enhanced Liquidity Detection
- Time window to consider recent liquidity points
- Threshold windows around levels for visual guidance
- More precise liquidity-to-level matching
Smarter Tooltips
- Show calculation method, unit, and sample size
- Better context for each level
- More precise liquidity-to-level matching
Consistent Price Levels
- Levels remain consistent across chart timeframes and sessions
- Avoid discrepancies when switching TFs
Quarterly Table for Sessions
- Custom sessions now include the detailed quarterly table view
- Track which quarter of your session touched each level
Statistical Volatility
v1
v1.0
2024/10/04
Statistical Volatility Pro+ initial release.
Tracks historical range volatility of each candle for a given timeframe, focusing on time-based volatility.
Offers both heatmap and barchart visualization modes.
Especially useful for identifying periods of expansion/consolidation and for asset-specific volatility analysis (e.g., Forex during major bank hours).
v2
v2.0
2024/06/06
Volatility filter segments (Low, Medium >33%, High >66%) for better consolidation/breakout differentiation.
Statistical displacement tracking: flags moves at 200%, 300%, 400%, 500% of average for institutional momentum.
Displacement strength filtering for fine-tuning analysis.
Fair Value Gap (FVG) integration to filter FVGs by statistical displacement.
Enhanced table, graph pane, and alerting capabilities.
Customizable settings for strategy tailoring.
v2.1
2024/06/22
Fixed sub 3-minute runtime errors.
Added option to disable volatility-based bar coloring.
Split displacement coloring into Candle and Extension sections.
Speed improvements and bank holiday edge case fixes.
v4
v4.0
2025/11/05
Flexible Timeframes
- Detect displacements on any timeframe
- Not limited to the chart timeframe
- Analyze across multiple TFs simultaneously
History Management
- Count Mode: keep last N displacement ranges
- Time Mode: keep ranges within a time window (e.g., last 24 hours)
Advanced Candle Coloring
- Option to force chart timeframe colors when viewing HTF displacements
Improved Graph Pane
- Reference lines for quick assessment (0.00, 0.33, 0.66, 1.00)
Enhanced Table Display
- Shows last 3 displacement events
- Time labels adapt to selected timeframe
Advanced Alerts
- Creation Alert — fires on new displacement (real-time)
- First Touch Alert — first boundary touch, one-shot per displacement
- Midpoint Touch Alert — 50% line touch for retracement opportunities
- Configurable: choose which alert types to enable
- One-shot logic reduces noise; alerts include timeframe, type, ratio