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Weiswave indicator

50 USD

Demo downloaded: 1

Published: 3 November 2026

Current version: 3.10

Weiswave indicator

Indicators
Mudasser Aslam Mughal
Mudasser Aslam Mughal
owner at Pakistan

Pakistan

168
Version: 3.10
Activations: 5

Weis Wave by Mudasser turns raw tick or real volume into clear up and down waves — so you can read effort vs. result at a glance.

Instead of looking at single-bar volume, this indicator stacks volume for as long as price keeps moving in the same direction. When the close flips, a new wave begins. The result is a clean histogram of blue (bullish) and red (bearish) volume waves that make climax, effort, and absorption easy to spot.

WHAT YOU GET

• Cumulative volume waves based on close direction

• Blue waves = buying pressure building

• Red waves = selling pressure building

• Auto volume mode (real volume when available, otherwise tick)

• Manual tick / real volume selection

• Adjustable wave colors and bar width

• Clean separate-window display — works on any symbol and timeframe

HOW TRADERS USE IT

• Spot volume climax at the end of a wave before reversals

• Confirm breakouts when a new wave expands with strong volume

• Compare effort (wave height) vs. price progress (result)

• Pair with structure / S&R tools for higher-probability entries

• Filter weak moves where price travels far on light wave volume

WHY WEIS WAVE BY MUDASSER

Classic Weis / volume-wave logic, rebuilt for MetaTrader 5 with a modern blue/red look, flexible volume source, and a simple input set — ready for scalping, day trading, or swing analysis.

INPUTS

• Volume type — Tick / Real / Auto

• Up wave color

• Down wave color

• Histogram width

NOTES

• Works on Forex, Gold, Indices, Crypto, and Stocks (where volume is provided)

• Tick volume is used automatically when real volume is not available

• This is a decision-support indicator, not a fully automated trading system

• Always combine with your own risk management

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Weiswave indicator

Mudasser Aslam Mughal