Master Market Stats with Mew Statistic v4a Indicator V1.0 MT5


Introduction


Traders, ever feel buried under endless price bars and conflicting signals? You’re not alone… Most of us crave a clear statistical edge that slices through the noise. Enter Mew Statistic v4a Indicator V1.0 MT5—your new best friend on MetaTrader 5. Built and rigorously tested by YoForex’s in-house dev team, this 100% free ForexFactory.cc download delivers real-time statistical insights to boost your confidence and precision when pulling the trigger.


Gone are the days of guesswork; now you get concrete, data-driven signals that adapt to any market condition. Whether you’re a scalper hunting micro-moves on M1 or a swing trader targeting H4 breakouts, Mew Statistic packs the analytical horsepower to help you stay ahead.



Overview


At its core, the Mew Statistic v4a Indicator computes advanced statistical metrics—mean deviation, standard deviation bands, and probability density estimates—right on your MT5 chart. Unlike generic trend-following tools, it quantifies market behavior in real time, offering you:



  • Adaptive volatility bands that expand and contract based on current price swings

  • A dynamic “Stat Score” histogram to highlight potential reversal zones

  • Probability-based entry zones mapped directly to your timeframe


During development, YoForex’s quant team back-tested thousands of hours of tick data across major and minor pairs. That deep dive drove optimizations in v4a, boosting signal accuracy while slashing CPU usage by over 30%. The result? A sleek indicator that shows you exactly where price is statistically most likely—and least likely—to go next.


Installation is a breeze: load it onto any MT5 chart, tweak your preferred lookback period, and let Mew Statistic handle the heavy lifting. Its intuitive color coding and alert options mean you won’t miss a trade setup.



Key Features



  • Real-Time Stat Bands: Auto-adjusts to current volatility

  • Stat Score Histogram: Visual probability of price reversals

  • Multi-Pair Compatibility: EURUSD, GBPUSD, USDJPY, XAUUSD, and more

  • Customizable Lookback: Choose 20–200 periods for tailored analysis

  • Lightweight Code: Optimized MQL5 logic for minimal CPU drain

  • Audio & Push Alerts: Get notified the moment conditions align

  • Compatibility: Works on all MT5 timeframes (M1–MN)

  • 100% Free: No trials, no paywalls—download on ForexFactory.cc



 


Mew Statistic v4a Indicator V1.0 MT5


 


How It Works



  1. Data Sampling: Collects the last N bars (user-defined) and calculates mean and variance.

  2. Volatility Bands: Plots upper/lower bands at ±1σ, ±2σ, ±3σ levels for clear overbought/oversold zones.

  3. Probability Density: Generates a Stat Score histogram beneath your chart, indicating the probability weight of each bar’s close.

  4. Signal Generation: Highlights entries when price touches extreme bands with high Stat Score probability.

  5. Alerts & Exits: Triggers audio, email, or push notifications; auto-plots suggested stop-loss and take-profit zones based on statistical thresholds.


Use the built-in “trend filter” parameter to avoid counter-trend signals, or turn it off for pure mean-reversion strategies.



Backtest Proof & Live Performance


YoForex’s backtest ran from January 2018 through December 2024 across EURUSD, GBPUSD, and USDJPY on the H1 timeframe. With a starting balance of $10,000 and fixed 0.1 lot size:



  • Total Trades: 1,842

  • Win Rate: 68.5%

  • Profit Factor: 2.31

  • Max Drawdown: 6.8%


Below is a glimpse of the equity curve (alt text: “Backtest equity curve for Mew Statistic v4a Indicator V1.0 MT5”) showing steady growth with controlled drawdown.


In live forward testing on a real YoForex team account from January 2025 to May 2025, the indicator posted:



  • Live Win Rate: 65.2%

  • Monthly Avg. Return: 3.1%

  • Current Drawdown: 4.5%


Those stats align closely with our backtest—proof that Mew Statistic v4a Indicator adapts well to shifting markets without curve-fitting.



Installation & Setup



  1. Download the MewStatistic_v4a.ex5 file from ForexFactory.cc.

  2. Copy the file into your MT5 MQL5/Indicators folder.

  3. Restart MetaTrader 5 to refresh the Navigator.

  4. Drag & Drop “Mew Statistic v4a Indicator” onto any chart.

  5. Adjust Inputs:


    • Lookback Period: default = 100




    • Stat Score Threshold: default = 0.7




    • Volatility Bands: choose ±2σ or ±3σ





  6. Enable Alerts under the common tab for email, push, or on-screen pop-ups.


An annotated screenshot of the MT5 Navigator panel (alt text: “MT5 settings panel showing Mew Statistic input fields”) makes it super straightforward to dial in your preferences and start trading.



⚡️Upgrade


In this v4a release we’ve:



  • Refined Algorithm: 15% faster bar calculations via optimized loops

  • Enhanced UI: New color themes and transparent background option

  • Additional Alerts: SMS gateway integration for 24/5 mobile signals

  • Mobile Push: Native MT5 push notifications with custom templates

  • Error Handling: Automatic memory cleanup to prevent freezes



Build with


MQL5 • MetaTrader 5 • YoForex Dev Team • Visual C++ Runtime



Why Choose YoForex Tools?


YoForex has been at the forefront of free, community-driven trading software since 2017. We believe every trader deserves access to professional-grade tools—without hidden fees or subscriptions. When you download Mew Statistic v4a Indicator V1.0 MT5, you get:



  • Free Lifetime Updates—stay current with the latest algorithm tweaks

  • Transparent Performance Reports—view backtests and live track records on our site

  • Dedicated Support—fast responses via WhatsApp and Telegram


Trust in a brand that puts traders first.



Support & Disclaimer


Got questions or need help? Reach our support team:
• WhatsApp: https://wa.me/+443300272265
• Telegram: https://t.me/yoforexrobot


Disclaimer: Past performance does not guarantee future results. The Mew Statistic v4a Indicator V1.0 MT5 is provided “as-is.” Always demo-test any indicator before using it on a live account and adjust risk settings according to your personal risk tolerance.



Call to Action


Ready to take your analysis to the next level? Download your free copy of Mew Statistic v4a Indicator V1.0 MT5 on ForexFactory.cc now—no strings attached. Unlock statistical trading insights, enjoy 100% free lifetime updates, and trade with confidence.