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Weis Wave for MT4

This indicator is analogous to Weis Wave from the recognized expert David Weiss. It is a modern adaptation of the Wyckoff Method featuring 30-years experience on different markets. The main indicator objective is to calculate the cumulative volumes of the previous waves and the current one.


Indicator Features

  • It responds to changes in a price behavior of the current wave. The indicator may begin to form a new unconfirmed wave.
  • It works in all possible time periods.
  • Four types of different prices are available for the calculation.
  • Flexible configuration of the calculated data visualization.


Indicator Parameters

[Main Settings]

  • Price type — applied price (close, median, typical, weighted)
  • Wave size — wave size for the calculation of the indicator.
  • Volume rounding — rounding of volumes. It is used to reduce the numeric values of wave forces and for the ease of perception.

[Volumes and Waves Displaying]

  • Show volume labels — display/hide the numerical values of the wave strength on the price chart.
  • Show volume waves — display/hide the wave lines on the price chart.
  • Show current label — display/hide the current wave strength on the price chart.
  • Current label color — font color of the current wave strength.
  • Up label color — font color of the ascending waves strength.
  • Down label color — font color of the descending waves strength.

[Line and Font Styles]

  • Font type — font of the numerical values of the wave strength on the price chart.
  • Font size — font size of the numerical values of the wave strength on the price chart.
  • Wave width — width of the wave lines on the price chart.
  • Wave type — type of the wave lines on the price chart.
  • Determined wave color — lines color of the determined waves on the price chart.
  • Undetermined wave color — lines color of the temporarily undetermined waves on the price chart.

[Additional Information Styles]

  • Show info — display/hide the main indicator settings on the price chart.
  • Info location — location of the additional information block on the price chart.
  • Font type — font for displaying the indicator settings on the price chart.
  • Font size — font size for displaying the indicator settings on the price chart.
  • Font color — font color for the whole additional information block.
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CURRENTLY 20% OFF !!   This DASHBOARD is a very powerful piece of software working on multiple symbols and up to 9 timeframes. It is based on our main indicator (Best reviews:  Advanced Supply Demand ). The new DASHBOARD gives a great overview. It shows: filtered Supply and Demand values including zone strength rating, pips distances to/and within zones, it highlights nested zones, it gives 4 kind of alerts for the chosen symbols in all (9) time-frames. It is highly configurable for your p
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Momentum solo
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Naked Forex Tweezer Pro Indicator for MT4
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Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweezer Pro version let user
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Ruslan Safin
This indicator is analogous to Weis Wave from the recognized expert David Weiss. It is a modern adaptation of the Wyckoff Method featuring 30-years experience on different markets. The main indicator objective is to calculate the cumulative volumes of the previous waves and the current one. Indicator Features It uses the real and tick volumes and thus may be applied to any market: futures, stocks, commodities and Forex. It responds to changes in a price behavior of the current wave. The indica
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Greg969
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Greg969 2018.02.05 10:15 
 

The volume bars repaint after the fact, makes the product useless

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Version 1.1 2017.02.16
Improved algorithm for determining the current wave.