Weis Wave with Alert
- Indikatoren
- Trade The Volume Waves Single Member P.C.
- Version: 9.7
- Aktualisiert: 12 März 2023
- Aktivierungen: 10
Rental Package Options and Privilages
* For optimum results the yearly package is suggested due to live training and Discord channel trading with the creator!
Rent Monthly Six Months Yearly Weis Wave with Speed with Alert+Speed Index x
x
x
Manual x
x
x
Quick Set up Video x
x
x
Blog x
x
x
Lifetime Updates x
x
x
Setup and Training Material
x
x
Free Rectangle Break Alert Tool x
Discord Access Channel "The SI traders"
x
2-hour live methodology training
x
Rental Package Options and Privilages
* For optimum results the yearly package is suggested due to live training and Discord channel trading with the creator!
| Rent | Monthly | Six Months | Yearly |
|---|---|---|---|
| Weis Wave with Speed with Alert+Speed Index | x | x | x |
| Manual | x | x | x |
| Quick Set up Video | x | x | x |
| Blog | x | x | x |
| Lifetime Updates | x | x | x |
| Setup and Training Material | x | x | |
| Free Rectangle Break Alert Tool | x | ||
| Discord Access Channel "The SI traders" | x | ||
| 2-hour live methodology training | x |
** NEW PLUTUS SIGNALS and ALL IN ONE **
Wychoff's UpThrust + Spring, Fake Breaks and Plutus trading signals added (for more info visit http://www.tradethevolumewaves.com )
Different Wave Types, choose what your cumulative Histogram diplays: Volume, Pips, Progressive Volume Rate, Time or Emphasized Volume Waves
How to trade with it: https://www.tradethevolumewaves.com/blog
Visit: http://www.tradethevolumewaves.com
Manuals: https://www.tradethevolumewaves.com/manuals
Youtube channel: https://www.youtube.com/c/TradeTheVolumeWavesbyPDiamantopoulos
This is a Weis Wave indicator which is based on Richard D. Wyckoff theory. It works in all time periods, range bar and tick bar charts and it can be applied to any market.
This indicator is an evolution of Weis Wave because it offers the autwaves feature, different wave types as well as the powerfull Speed Index. Each price wave is moving in a specific direction up or down until it reverses. In order for the indicator wave to reverse in the opposite direction, the price should exceed the number of points (pip*10) set in the parameters. Therefore, the last wave repaints but the theory behind this trading method is forecasting where the market will go by reading the previous waves.
Trading Strategies:
Setup Parameters
- Indicator Number: Multiple Indicators can be added on the same chart. Valid values "0 to 9" and "a-z"
- Show Orders: display or not your orders
- Difference: Number of points required for the current wave to reverse and form a new wave
- AutoDifference: true/false - Neglects the Difference parameter and adjusts the Difference automatically creating more accurate waves.
- AutoSensitivity: The higher the number the higher the sensitivity and therefore more waves are formed.
- Weighted Volume: true/false - Weights volume of different sessions taking into consideration that when London and US are operating at same time have the highest volume of all sessions occurs and adjusts the rest of the sessions. With this parameter it very easy visualize which volumes are significant even on Asian hours or non-significant on London-US hrs.
Not to be used with constant tick charts.
- Net Volume: 0-Disabled, 1-Price Close, 2 Price Median
- Wave Type: 0-Regular Volume, 1-Pips, 2 Progressive Volume Rate. 3-Time, 4- Emphasized Volume Waves
- SI (Speed Index) Display: Show speed index 0 No Display, 1 SI only, 2 Volume and SI
- Show Plutus Patterns or Not
- Alert on Plutus Patterns: Popup, Sound, Email, Push
- SpeedAlert: There are two ways that you can be notified for Extreme Speed Index numbers the Automatic and the Manual, please refer to the manual for explanations.
- Alerts :Popup, Sound, Email, Push
Format Wave and Label parameters
ShowLabels: Display or not the volume, the pips and the number of bars of each wave
What to Display:1-Volume,2-Pips, 3-Bars, 4-All, 5-Volume and Pips
ShowWaveLine: Draw the wave line or not
Format parameters: LabelShift, Font size, Color Up Color down, wave color, wave width.
Volume Alert Parameters (Wave Type)
The info displayed by the alert function are: the pair, the period, a message “Hign Dn Volume” or “High Up Volume” and the time.
- Volume Alert above this limit: The value of cumulative volume that will be triggered if the alert is exceeded
- Alerts: Popup, Sound, Email, Push
- VolDivBy: Volume divider in order to avoid big numbers on the display
- PipDivBy: Pip distance divider in order to avoid big numbers on the display
- SI Multiplier: Speed Index multiplier for better display.
- Reverse_style: negative down waves
Location of parameters to be displayed (Corner, Y offset, X offset, Font, Font Size)
It's a great indicator, while I'm still in the process of using it 100% correctly. But already now I have good results. Panagiotis is very helpful. My investment so far.