StatMap V3 – Update - StatMap Resources

Mean, Median ... or Both?

In previous versions, users had to choose either Mean or Median for deriving levels. In response to community suggestions, we’ve introduced an option to display both calculations simultaneously. When you choose ‘Both,’ the indicator will plot a box spanning from the Mean level to the Median level, highlighting the entire range as a new Point of Interest. This visual helps you:

- Understand the variance between Mean and Median levels at a glance.

- Identify zones of potential price interaction more intuitively.

- Gain deeper insights into where real market turning points might emerge.

For more on how Mean and Median differ and when to use them, check out our recent post.

Mean, Median ... or Both?

In previous versions, users had to choose either Mean or Median for deriving levels. In response to community suggestions, we’ve introduced an option to display both calculations simultaneously. When you choose ‘Both,’ the indicator will plot a box spanning from the Mean level to the Median level, highlighting the entire range as a new Point of Interest. This visual helps you:

- Understand the variance between Mean and Median levels at a glance.

- Identify zones of potential price interaction more intuitively.

- Gain deeper insights into where real market turning points might emerge.

For more on how Mean and Median differ and when to use them, check out our recent post.

Enhanced Midnight Levels

We’ve made a significant upgrade to how midnight-based daily levels are handled. Previously, some users noticed discrepancies when switching between timeframes. Now, as in other OHLC StatMap levels, the daily levels anchored to New York midnight automatically adjust to remain consistent across all timeframes. This change ensures:

- Reliable historical data backtesting for daily sessions.

- Smoother transitions when switching timeframes.

- Harmonized levels for a more robust statistical foundation.

Now, on futures charts, midnight projections can be plotted on all timeframes up to the daily, even when there is no actual candle aligning with the midnight open price. On non-futures charts, these projections are available for hourly timeframes and below.