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Weis Wave with Alert MT5

599 USD

Demo downloaded: 2 726

Published: 26 November 2018

Current version: 10.0

Weis Wave with Alert MT5

4.93

Indicators
Trade The Volume Waves Single Member P.C.
Version: 10.0
Updated: 8 October 2023
Activations: 10

Rental/Lifetime Package Options and Privileges

* For optimum results the yearly or lifetime package is suggested due to live training !

Rent Monthly Six Months Yearly/Lifetime

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

Rent	Monthly	Six Months	Yearly/Lifetime
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

How to trade with it: http://www.tradethevolumewaves.com

** If you purchase please contact me to setup your : Two hour webinar and training Room and complete manual access.

Weis Wave with Alert MT5

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 autowaves feature, five different wave types as well as the powerful 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: www.tradethevolumewaves.com 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
Load all Bars: true/false, if false Number of bars back will be loaded
Number of bars back: numbers of bars that the indicator will load
Wave Direction Change difference in Points: Number of points required for the current wave to reverse and form a new wave
AutoDifference: true/false - Neglects the Wave Direction difference and adjusts the Difference automatically creating more accurate waves.
AutoSensitivity: The higher the number the higher the sensitivity and therefore more waves are formed.
Volumetype= true=Tick Volume, false=Real Volume
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.
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, 5 Inverse Progressive Pip Rate

Speed Index Display and Alert Parameters

SI Display: Show or not speed index on the chart 0-No Display, 1 Speed Index only, 2 Volume and Speed Index, 3 Speed Index and Average Speed Index, 4 Speed Index and Wave speed (Fast or SLow)
Show Plutus Patterns or Not
Alert on Plutus Patterns: Popup, Sound, Email, Push Notification
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

ShowLabels: Display or not the wave type 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 on the price chart
Format: LabelShift, Font size, Color Up, Color Dn, wave color, wave width

Volume Alert The information displayed by the alert function are: the pair, the period, a message “High Down 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

Format Numbers for better display parameters

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: inverts wave style

more...

Mr_Corazon 2024.03.10 09:28 #

I read a book by David Weis and watched a video of his, from there I found this product which has been developed by Takis. He is passionate about what he has created and he is generous with his offering of expertise and more importantly he is generous with his time. It looks very complicated but its quite simple in essence and time spent with the creator and programmer himself was a pleasure. Thank you for everything so far Takis. And here is to a plentiful 2024

TruthMV 2023.06.03 00:23 #

I just want to say thank for sharing your experience in putting together the "Weis Wave with Speedy Index Indicator". Using the Wyckoff Method, David Weis's Wave theory with Forex all in one. I would say it's not really a indicator, it's a way to read the charts for your self and not dependent on a line crosses this line or candle crossed a MA. I've been searching for many years trying to find some sort of logical process and common denominator in trading, I've spent thousands on all sort of esoteric books, platforms, data feeds etc. and was almost ready to quit, thinking I'm not smart enough to figure all this out. I've been applying the, "Trade The Volume Wave Method" for only three months, but I've had more consistent results and the confidence in what I'm learning will work. Even though I've made mistakes, now I know why and learn from them. Also, thanks for offering a two hour training session for free, for now, to get me up and running and the Discord Channel where we can discuss potential trades. Thank you Panagiotis (Takis) for giving all of us retail traders peace of mind and hope. Mark USA

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mistaeff 2023.01.05 22:15 #

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This indicator is based on a mathematical formula and an ANN combined, designed to make a model(using previous prices) of the most recent market condition (any chart*) in order to use the model as a forecasting tool. *This indicator can operate on any chart/timeframe, but it's suggested you use multiple timeframes for each trade because this method relies solely on the time factor, you can not use this indicator to predict price volatility, but if it's fit correctly it will show you when the nex

1 449 USD

Big promotion on the Robos, Get yours now Robos Indicator The ROBOS indicator is a multi timeframe oscillator that targets the overbought and oversold regions of a price chart, a signal is indicated by the two lines crossing, compatible with all tradable instruments Latest Release The latest release is the version 4.0 #What's new in version 4.0 ? Features Extreme oversold and overbought levels ROBOS version 4.0 comes with cool new feature , the ability to target on

900 USD

Indicator tested for 7 years with excellent results when used correctly An order flow tracking indicator when used at support and residence points simply shows the direction of the Big Players, validating good opportunities seek optimal risk-adjusted returns on their investments. Use when Flow line crossing at signal line after candle closed , works with absolutely everything

600 USD

This indicator is based on the crossing of two Moving Average with the RSI It is intended for scalpers Specially designed for Boom and Crash syhtetic indices from Binary.com/Deriv.com It is easy to use and intuitive. We recommend its use on M1 and is equipped with three types of notification Email alert Sound notification Push notification these parameters can be activated and deactivated.

8 000 USD

This indicator offers a robust market analysis method centered around the concept of the 'Regression Channel Tool'. By harnessing this tool, traders can gain exceptional control over their chart's regression channel, enabling them to make more informed trading decisions. The Regression Channel Tool is a powerful instrument in a trader's toolkit. It's designed to provide valuable insights into price trends and potential support and resistance levels. The tool is especially effective for visualizi

1 000 USD

Use with JUMP 25. However it can can with the volatility indices as well because it is a modified version. It is advisable to use create a healthy account management. Measure your risk and happy trading. Other experts to be loaded soon. These are modified in order to optimise profits. Ideal candidates are high risk, high returns individuals who hold trades at a maximum of 1 - 2 hours

1 000 USD

This indicator is a scalping indicator intended solely for the Boom and Crash indices of the Deriv Limited market It supports Boom 500, Boom 1000, Crash 500 and Crash 1000 Not repaint and no bug The settings are intuitive and easy to use The product activation number is 20 The Time Frame used depends on the user If you are an aggressive scalper then just use M1 For long trades use M15 If you are conservative use M5 Please contact me for more details of its use

2 500 USD

Indicador de MQL5 basado en 3 EMAs, en función del precio. El precio influye en las EMAs, de tal forma que los Máximos y Mínimos solo la alteran minimamente, este influjo lo llame radio. Considerando la influencia del radio como constante, por lo que no tiene valores de entrada. Ideal para todas las criptomonedas. Funciona en todos los tiempos. Se sugiere operar cuando el precio este abajo y en bajada.... o cuando el precio este encima y en subida.

1 000 USD

El Super Suavizador Inteligente es la culminación de la evolución de los suavizadores en funcion del precio, funciona en todos los pares de divisas, es fácil de usar, y puedes usarlo varias veces en un mismo par, afin de darte una idea de hacia donde va el precio, muy util para ver la tendencia a largo plazo. El SSI trata siempre de formar ondas de subidas y bajadas a fin de poder mostrar el máximo y/o mínimo de la tendencia del precio.

1 000 USD

Ronal Cutrim has been a dedicated mathematician for 14 years and has more than 10 years of experience in the financial market. The concept of the theory is simple, find imbalance between buyers and sellers. Which makes a lot of sense, because nothing goes up forever, nothing falls forever. When you find an asset with a mathematical probability of unbalanced equilibrium, it is a great way to get into trading: TUTORIAL: Turn on the subtitles, the video is subtitled

799 USD

Rental/Lifetime Package Options and Privileges' * For optimum results the yearly or lifetime package is suggested due to live training and Discord channel trading with the creator! Rent Monthly Six Months Yearly/Lifetime 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 traini

599 USD

What is the Volume Weighted Average Price (VWAP)? The volume weighted average price (VWAP) is a trading benchmark used by traders that gives the average price an instrument has traded at throughout the day, based on both volume and price. It is important because it provides traders with insight into both the trend and value of the instrument. What is the Difference between VWAP and AVWAP? While VWAP is having as starting point the beggining of the day,week,month etc. in the AVWAP you can pla

80 USD

Trend Lines Cross This indicator will alert you on any cross of a Trendline. You can draw up to two trend lines and form a channel, a pennant , a triangle or a simple trend and when the price crosses either trend line the indicator will provide you with alerts that you define plus an up or down arrow when the cross happened. How to: Draw the 1st trendline and name it tl1. Draw the 2nd trendline and name it tl2. Select which type of alerts you would like in the indicator properties and you a

FREE

This indicator identifies No Demand –No Supply candles to your chart and plots volume bars colored according to the signal. It can be applied to all timeframes or to a specific one only. It can also be used as regular volume indicator but with exceptional future of WEIGHTED VOLUME. Furthermore is has an alert notification, sound and email when a signals occurs. The indicator does not repaint but the alert will come on two candles back due to the definition of No Demand No Supply. The VSA (Volum

80 USD

Wave Anatomy Visit: http://www.tradethevolumewaves.com for more information Construct your own 5 Waves and analyze the price movements stages: Easy Movement Hard time to move Fast move This indicator is based on Wyckoff’s, David’s Weis and my Speed Index Theory. This indicator will you help analyze what is happening in 5 Price Waves that you can construct yourself. This tool is designed for scalpers and swing traders and will help them to analyze any wave on any timeframe at the same tim

300 USD

No Demand No Supply This indicator identifies No Demand –No Supply candles to your chart and plots volume bars colored according to the signal. It can be applied to all timeframes or to a specific one only. It can also be used as regular volume indicator with exceptional future of WEIGHTED VOLUME. Furthermore is has an alert notification, sound and email when a signals occurs. The indicator does not repaint but the alert will come on two candles back due to the definition of No Demand No S

80 USD

Wave Anatomy Visit: http://www.trafethevolumewaves.com for more information Construct your own 5 Waves and analyze the price movements stages: Easy Movement Hard time to move Fast move This indicator is based on Wyckoff’s, David’s Weis and my Speed Index Theory. This indicator will you help analyze what is happening in 5 Price Waves that you can construct yourself. This tool is designed for scalpers and swing traders and will help them to analyze any wave on any timeframe at the same time. Fur

300 USD

Filter:

Mr_Corazon 2024.03.10 09:28 #

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Reply from developer Panagiotis Diamantopoulos 2024.03.10 09:39 #

Thank you for your honest review and kind words.

TruthMV 2023.06.03 00:23 #

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Reply from developer Panagiotis Diamantopoulos 2023.06.03 06:12 #

Thank you for your kind words Mark.

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mistaeff 2023.01.05 22:15 #

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Reply from developer Panagiotis Diamantopoulos 2023.01.05 22:18 #

Thank you for your honest review!

Mark Renier 2022.11.27 07:57 #

I wanted to have Weis wave indicator in my charts and I decided for this indicator because additional features that it offers. Actually I changed the platform just to get Weis wave indicator and I decided for MT5. MT5 has its flaws, so I would rather recommend others to choose MT4 if they have to made the same decision. Support for this indicator is exelent. Takis is always available for help and he is answering any questions. And personal private teaching from Takis is also very valuable. Beside that you get access to private discord group where trade opportunites are shared and also other discussions regarding Weis wave. I would like to thank Takis for his help and support.

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Reply from developer Panagiotis Diamantopoulos 2022.11.27 09:54 #

Thank you Mark.

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baszim 2022.06.21 17:22 #

For me this was a Ahaa moment. The indicator helped me understand Wyckoff methodology in a better way. It provides you most of the times a early warning signal when analysing trading ranges on 1hr timeframe. The plutus signals are kickoff from phase D, the jump across the creek or the fall through the ice. Accompanied with the two hours teaching of Takis, his rectangle warning tool and the Discord group, you have another set of tools that gives you a better reward percentage in you trading. Make no mistake, this isn't a set and forget indicator with a signal! You have to read the background of the chart yourself and validate the signals and or tune the indicator sensitivity. This must be done for each currency pair. That takes practice and patients and time. Thanks for the tools Takis and the ongoing support and sharing on Discord!

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Reply from developer Panagiotis Diamantopoulos 2022.06.21 17:58 #

Thank you for your review Bas. It is worth noting what you mentioned about this not being a signal indicator, if it was that easy I would have created a robot trading but markets change and you need to be able to read them and adjust accordingly. This is a tool that will help read the market and understand Wyckoff better as you already mentioned. Thanks again for the review!

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Sh_Mikhail 2022.01.31 08:21 #

Very pleased with the purchase. The two hours training with Takis are extremely valuable, and it does not stop at that. He is using a community App to share a lot of tips and to explain the rational behind some of the trades he takes. That means we are getting continuous education to improve our skills using the indicator. He also shares signals with us which he does not have to do. Highly recommended if you are serious about improving your manual trading. Thanks a lot Takis for all your efforts. Highly appreciated

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Reply from developer Panagiotis Diamantopoulos 2022.01.31 08:25 #

Thank you for your kind words! Trying my best to educate retail traders because I have been there and know how it is. Thanks again.

Leguar 2022.01.07 11:43 #

The indicator is just the tip of the iceberg. The real value is the education you get for the price of the indicator. I highly recommend it and thank you!

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Reply from developer Panagiotis Diamantopoulos 2022.01.07 13:45 #

Thank you Leguar. Exactly as you mention, the real value is the education behind it and it is worth much more than the indicator. Furthermore, I think it is worthwhile to mention that I am trading with the indicator myself, not just selling it. Thanks again.

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Sumit Dubey 2021.12.13 05:09 #

Excellent indicator and support. Best part is , knowledge to apply indicator and understand market move is free with indicator. Must say , price for education not indicator. Thanks a lot Mr. Panagiotis !

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Reply from developer Panagiotis Diamantopoulos 2021.12.13 07:22 #

Thank you Sumit, I hope you make lots of pips with it.

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Andre Gomes 2021.10.14 20:30 #

Excellent indicator and customer support. This tool really gives you an edge. Totally recommend it.

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Reply from developer Panagiotis Diamantopoulos 2021.10.14 20:45 #

Thank you Andre!

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Rutt Tungkiratichai 2021.09.13 05:43 #

This is the price for education not only indicator.This indicator open new world for me.

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Reply from developer Panagiotis Diamantopoulos 2021.09.13 06:54 #

Thank you Rutt!

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adonis4ex 2021.07.29 11:49 #

User didn't leave any comment to the rating

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Reply from developer Panagiotis Diamantopoulos 2021.07.29 12:21 #

Thank you for your kind words Adonis4ex

satish vangipuram 2020.12.26 17:06 #

this product and the methods taught by takis are geared towards practical trading purposes. there are not a lot of products out there about which this can be said. the personal mentoring and help by takis is high quality. he will work with you to develop a trading strategy. no bullshit. well worth the money.

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SamitR 2020.06.23 00:13 #

If there was a way I could give someone 100 stars , then this would be it !!!!! I have never had anyone like Panagiotis during all my time in the field of trading He literally held my hand and went through all the steps of how to use his fabulous indicators He is a true gentleman..God Bless

malmegrin 2019.12.04 18:27 #

The Best Weis Wave indicator available!!!! Blazing fast and full of features. And the tech support is Awesome!!!!!! Thx a lot for the Work Mr. Panagiotis.

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Eduardo Silva Vian 2019.11.30 05:00 #

Excelente indicador. De todos weis wave, sem dúvida esse é o melhor. O speed index é muito efetivo para antecipar grandes movimentos, sem dúvida, o melhor indicador para rastrear o "smart money". Recomento. Um investimento que você não vai se arrepender.

Excellent indicator. Of all weis wave, no doubt this is the best. Speed index is very effective for anticipating large movements, arguably the best indicator for tracking smart money. I recommend it. An investment you will not regret.

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Globex43 2019.09.11 13:45 #

Excellent!

Version 10.0 2023.10.08

Added alerts for the two new signals PFBL and PFBS

Version 9.9 2023.10.08

Two more Fake Break Signals have been added:
PFBL - Plutus Fake Break Long
PFBS - Plutus Fake Break Short

Version 9.8 2023.07.17

New Wave Type added IPPR: Inverse Progressive Pip Rate. Please refer to the manual for a detail explanation!

Version 9.7 2023.03.12

Added a double signal of WS+PRL or WU+PRS when both conditions are met

Version 9.6 2023.02.14

New Feature added making the indicator faster by calculating part of the code only on New Bar creation. Just set "Calc OnNewBar=true"
This feature is extremely useful when you are working with Custom charts such as Tick Charts, Renko, Range, etc which are very CPU intensive but also if you have lots of charts open.

Version 9.5 2023.01.16

Fixed Plutus signal moving to next bars

Version 9.4 2022.12.23

Rollback

Version 9.3 2022.12.23

Fixed displaying Pips instead of Points on Autowaves

Version 9.2 2022.12.16

Updated Autowaves Algorithm - AutoSensitivity adjustment might be necessary.
New Feature - Auto Fast and Slow Waves
Setting Speed Index Display to 4 the indicator will display next to Speed Index the letter F="Fast" or "S"=Slow to designate if the wave is fast or slow compared to the Average Speed Index.
You can set how fast or slow from the Extreme_Threshold parameter. For example., if you set the Extreme Threshold to 0.5 (50%) then if the wave's speed index is less than 50% of Average Speed Index it will be signified as F=Fast wave or if the wave's speed index is greater than 50% of the Average Speed Index it will be signified as S="Slow".

Version 9.1 2022.12.08

New Improved Autowaves Algorithm.
You might need to adjust your Autosensitivity setting.

Version 9.0 2022.11.25

Fixed out of range bug

Version 8.9 2022.11.24

Improved Plutus Signals Algorithm

Version 8.8 2022.11.18

Improved real volume loop calculations

Version 8.7 2022.10.19

Code Improvements

Version 8.6 2022.10.11

Improve Autowaves Algorithm

Version 8.5 2022.10.07

Code Improvements

Version 8.4 2022.10.06

Fixed disappearing labels.

Version 8.3 2022.10.06

1. Added weighted average of Speed Index AvgWSI
2. Added weighted average of Speed Index of up waves uWSI
3. Added weighted average of Speed Index of dn waves dWSI
4. Code improvements

Version 8.2 2022.09.23

Fix a small bug on High Volume Alert

Version 8.1 2022.09.22

New feature
Added Wyckoff and Fake Break Signals.
Option to Display Avg Speed Index next to Speed Index
Keyboard Z button to refresh chart (needed for tick charts)

Version 8.0 2022.06.17

Various Code Improvements

Version 7.9 2022.03.08

Improved Speed Index Algorithm

Version 7.8 2022.02.28

Fix deleting all objects when changing timeframe after last update.

Version 7.7 2022.02.23

Display/Calculate or not Average SI

Version 7.6 2022.02.23

Code optimization made it faster
Fixed Object delete
Fixed Array out of Range

Version 7.5 2022.02.15

1. New Feature: Automatic Extreme Speed Index Alert for Slow and Fast Waves
2. Added different color for Plutus SIs

Version 7.4 2021.11.18

empty array error fixed

Version 7.3 2021.09.18

Code improvements om Speed Index Display

Version 7.2 2021.05.13

Fixed an array issue

Version 7.1 2021.04.28

Fix issue with Signal Alert
Removed Show Individual Signals

Version 7.0 2021.04.23

Plutus Patterns Signals added.These signals offer high probability Long and Short trades. No need to scan your charts for Plutus Patterns, just setup the alert and you are ready to get notified.
Recomended setting:
Show Plutus Signal=true
SI Ratio =2.0 (Speed Index Ratio)
Min Wave Bars = This is the total number of bars of both waves forming the pattern. I recommend 4 when trading the 1HR, 3 when trading higher TFs. The smaller TF you are trading the higher number.

Version 6.0 2021.03.01

All In One
Choose what Wave Type you would like to display:
Regular Volume, Pips, Progressive Volume Rate, Time or Emphasized Volume Waves

Version 5.3 2021.02.06

Code Improvement
Weight Volumed Algorithm Adjustment

Version 5.2 2021.01.29

Multiple Indicators can be added to the same chart
Show your orders or not on the chart
New Net Volume wave calculation according to Price Median
New Volume Filter = Progressive Volume Rate

Version 5.1 2020.12.18

Added Net Volume Waves option. Bulish Candle is considered a +volume and bearish Candlet is considered a -Volume.
The Net Volume Wave= Absolute(+volume-volume)

Version 5.0 2020.09.23

Labelshift code improvement,you need to adjust your Labeshift start with value =0.5 or 1 ,
Added Volume and SI display together
Added SI Multiplier
Remove weighted volume on specific bars, weighted volume calculates all bars

Version 4.9 2020.09.10

Updated SI Algorithm & changed indicator name

Version 4.8 2020.09.07

Added Weighted Volume features!

Version 4.7 2020.08.16

Added the option to Load All Bars or Specific Number of Bars
Weighted volume under development

Version 4.6 2019.09.19

Adjusted Weighted Volume - added all bars weight-added DayLight Savings

Version 4.5 2019.08.13

Updated Speed Index, Volume divider and Pip Divider

Version 4.4 2019.07.18

Adjusted Autowaves

Version 4.3 2019.07.15

Adjusted Autowaves Algorithm

Version 4.1 2019.06.02

Added display of AutoSensitivity parameter on chart

Version 4.0 2019.05.28

1. ****NEW Auto Volume Waves ****

AutoDifference: true/false - Neglects the Wave Direction difference and adjusts the Difference automatically creating more accurate waves.
AutoSensitivity: The higher the number the higher the sensitivity and therefore more waves are formed.
Format Parameters for Auto Difference value displayed on chart as "WV Difference:xx" (Corner, Y offset, X offset, Font, Font Size)

2. Adjusted Label Shift

Version 3.2 2019.03.31

Added parameters for Speed Index color and Speed Index Alerts color

Version 3.1 2019.03.21

Pip display adjustment.

Version 3.0 2019.03.21

Added Advanced Volume Filter that emphasizes on significant volume waves.

Version 2.0 2019.02.03

Major Update:
New functions added to the indicator
1. PipDivBy: Pips divider in order to avoid big numbers on the display
2. Ability to choose which labels to display: 1 - Volume, 2 -Pips, 3 -Bars, 4- ALL, 5- Volume and Pips

New Speed Index Display and Alert
Speed Index= Wave Volume/Pip Distance - which means how much volume was needed to move 1 pip. The smaller the number is the faster the wave is. The larger the number is the slower the wave is.

Alert functionality has been added if speed index is above a certain value and/or below a certain value.

Push Notification has been added on both Volume and Speed Index

Description quality and completeness		5
Reliability and usability		5
User support		5