This is how Easy it is to Identify Trend change On a Tick Chart - TRADING WITH WEIS WAVE WITH SPEED INDEX

This is how Easy it is to Identify Trend change On a Tick Chart - TRADING WITH WEIS WAVE WITH SPEED INDEX

5 November 2019, 16:44
Panagiotis Diamantopoulos
0
641

Setup 300 tick chart

Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index)

This how Easy it to identify Trend Change on a Tick Chart ( constant volume chart):

Basically the following four criteria  must be met:

a. We are at significant level (Support / Resistance, Fib, Pivot)

b. High Volume Wave - (Weis Wave with +Speed Index indicator) 

c. High Speed Index - (Weis Wave with +Speed Index indicator) - Significant difference from previous waves

and

d. Low Pip Wave move - (Weis Pip Wave indicator)


Look at the example below point 1. (trend change upwards) and point 2. (trend change downwoards)- It does not get any Easier.




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