MarketWebs (MW) Technical Trading System Explanation

A technical system based on Market Profile Theories using Volume, Time, and Price to determine a Technical Roadmap outlining significant support & resistance across Equities, Futures, and Forex. 

• Provides precise entry & exit pivot points based on these Market Profile Theories across different timeframes

  • Example: Daily chart Value Area is based on 1 month of Volume, Time, and Price

• Significant volume nodes from previous periods are kept live (VPOC = Virgin Point of Control) because they can be substantial support / resistance levels

• The Marketwebs are designed to help traders maintain a Trend Following Discipline

  • i.e.: avoiding stocks that are breaking down (below Value)

• This system has been through numerous upgrades and enhancement over the last 5 years

Example: Break of Yearly Value Area on a Weekly Chart

Example: Plan out Targets based on VPOCs

(Virgin Points of Control)

Example: Avoid a name not ready to breakout

(trapped in range)

MW Definitions

1. Value Area (VA): Majority of price action has taken place based on previous period; range between Value Area High (VAH) & Value Area Low (VAL), which are the prices at which ~70% of the volume has taken place

• Price inside VA: stock is range bound & not trending
• Price above/below VA: out of recent range (value); beginning to trend higher/lower
• Time period is over: new VA created (past areas still relevant)
• Price enters VA: “80% rule” 80% chance of passing from one side of value to the other (Note: Only true if, current period price est. outside of VA before entering & value area wasn’t already explored 100%)
  • The 80% rule is useful when price starts a period above or below the VA, enters the VA, and establishes itself – Then there’s an 80% chance that price travels from one end of the VA to the other (see chart below)
• Frequent charting timeframes: (shows specific value area for…..)
  • 5m: value area for the day   1hr: the week  Daily: the month   Weekly: the year

2. Point of Control (POC): Majority of volume has occurred at price based on previous period

• Often acts as a magnet/ “base” (there’s heavy volume concentration there)

3. Value Area High (VAH): 1 standard deviation volume profile in a given period

• Aka Top of Value (TOV)
• Price inside value: TOV is “resistance/pivot level”
• Once price climbs above value, TOV becomes support

Example of 80% Rule Playing Out

4. Value Area Low (VAL): 1 standard deviation volume profile in a given period
• Aka Bottom of Value (BOV)
• Price inside value: BOV is “pivot support level”
• Once price falls below value, BOV becomes resistance
5. Virgin Point of Control (VPOC): Significant level left untested by the market
• If price never visits its POC in a period, that POC will become a VPOC
• Historical VPOCs often act as a magnet once price leaves value in the given period; act as memory points
• These are exceptional for Buy / Sell Points!
6. Venom: MW specific pivot levels of support or resistance
• MW indicates 3 additional levels of support shown as Venom S1:, Venom S2:, Venom S3:
• MW indicates 3 additional levels of resistance shown as Venom R1:, Venom R2:, Venom R3:

Frequently Asked Questions (FAQ)

• Is MW available for various platforms/brokers

MW is ONLY available on ToS desktop and ToS Mobile (iPhone, Android, iPad, etc.). There are no plans to create a compatible version to work on other brokerage platforms

• How do I purchase MW

Become a TTG member, then you’re able to purchase MW

• Does MW work with Windows & Mac

Yes, it works with both operating systems

• Does MW work all over the globe?

Yes, as long as you have ThinkorSwim(ToS)

• What type of Trader does the MW work for?

All types, there are different timeframes that are for different traders:

 Day Trader→ 5m: Value Area for Day  & 1hr: Value Area for Week

 Short Term Swing Trader→ 1hr: Value Area for Week & Daily: Value Area for Month

 Long Term Swing Trader→ Daily: Value Area for Month & Weekly: Value Area for Year

TTG MarketWebs (MW) Indicator

The MarketWebs Indicator is a valuable charting tool that essentially creates a roadmap for decision making. Based on Market Profile theories, using volume and time at price, MW provides a valuable visualization of the significant price areas and levels across equities, futures, and forex. 

• A “road map” for detecting when a security is trading in a range or trending as well as where it is likely to go in the future

Great for:

• • Spotting new breakouts
  • Confirming strength/weakness across different trade times (long/short term)
  • Identifying viable targets for entries, exits, and stops
  • Keeping emotions in check
• Those who have been using MW for years, consider it to be simply an invaluable tool to their trading success

System Requirements:  Only available for ThinkorSwim.