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Weis Wave with Alert MT5

4.93


Rental/Lifetime Package Options and Privileges 

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

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Weis Wave with Speed with Alert+Speed Index
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Blog
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Free Rectangle Break Alert Tool     
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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






Reviews 16
Mr_Corazon
49
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
49
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

mistaeff
159
mistaeff 2023.01.05 22:15 
 

Throughout my time using the MQL5 platform, I have never come across anyone who is more devoted to the success of their customers. The developer is a great guy, he spends hours sharing his knowledge and is a successful professional trader in his own right. He has developed a personal trading system, along with a pretty unique indicator that will enable you to consistently profit in the forex markets. I would highly recommend this product, whether you are starting a brand new strategy or even adding additional verifications to an existing strategy.

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Trend and Signals MT5  indicator scans  30 trading Instruments (Forex, Metals and Indices).     It uses special algorithm on the  current market   based on   Pure Price Action   and display the overall trend and signal on the dashboard. When signals are produced the indicator sends alert and notification. Strategy for Signals This indicator uses the daily timeframe to determine the direction of the trend. The hourly timeframe is used to identify possible entries. Main trend and is determined by
Cycles Forecast
Pooriya Alirezaee
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
BC Scalper Aroow
Tete Adate Adjete
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.
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
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
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
RadioMedia
Cesar Juan Flores Navarro
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.
Super Suavizador Inteligente
Cesar Juan Flores Navarro
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.
Aliens dougkang de moviles
Cesar Juan Flores Navarro
Tomamos 5 medios móviles las unimos en una la cual suavizamos y volvemos a suavizar, resultando un mega suavizador de medios móviles suavizadas. Indicador de mql5 funciona en cualquier broker y para todos los tiempos, siendo el mas optimo el de 5, 15 a mas. Funciona mejor en grupo consigo misma osea poner uno de 14 y otro de 50 y 400,, así se observa mejor su desempeño.
AIS MT5 INDICATOR 5 ALL INCLLUSIVE SET GUIDE CHAPTER 1  IMPORTANT INFORMATION <1> THIS INDICATOR IS ONE OF THE SERIES OF NEW AIS INDICATORS AIS MT5 INDICATOR 1 =ADVANCED CLASSIC= AIS MT5 INDICATOR 2 =MULTIFRAMES= AIS MT5 INDICATOR 3 =LINES= AIS MT5 INDICATOR 4 =MARKET PROFILES= AIS MT5 INDICATOR 5 =ALL INCLUSIVE SET CHAPTER 2 GENERAL FEATURES OF THE SERIES <1> AIS MT5 INDICATOR 1 =ADVANCED CLASSIC= < DEVELOPMENT PAUSED >     DISPLAYS MAIN TIME POINTS AND PRICE LEVELS OF THE CHART     
ForexAndCryptoTradeTool
Gabriel Ferreira Da Silva
Quantitative analysis software, this indicator came from another country and thanks to my network today I can share this software with you! Russian Tool plots arrows on your asset, indicating the trend the asset will enter, easy to use and easy to install indicator We have been working with robots and indicators since 2018! We came to MQL5 to be able to bring better benefits at the time of payment by our customers!, our Instagram where we post daily stories of operations: https://www.inst
Twelve artificial neural networks divided into four ensembles trying to predict the direction of price movement in the future: small: 1 minute, medium: 5 minutes, large: 30 minutes, royal: 15 minutes. This indicator for active high-frequency trading is ready to work with an EA launched separately and receiving signals from the indicator in the form of global variables published by the indicator. This indicator does not work in the strategy tester, so watch the video or, write a request to my ma
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Trade The Volume Waves Single Member P.C.
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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
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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
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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
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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
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Trade The Volume Waves Single Member P.C.
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 Su
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Trade The Volume Waves Single Member P.C.
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
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Mr_Corazon
49
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

Trade The Volume Waves Single Member P.C.
5620
Reply from developer Panagiotis Diamantopoulos 2024.03.10 09:39
Thank you for your honest review and kind words.
TruthMV
49
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

Trade The Volume Waves Single Member P.C.
5620
Reply from developer Panagiotis Diamantopoulos 2023.06.03 06:12
Thank you for your kind words Mark.
mistaeff
159
mistaeff 2023.01.05 22:15 
 

Throughout my time using the MQL5 platform, I have never come across anyone who is more devoted to the success of their customers. The developer is a great guy, he spends hours sharing his knowledge and is a successful professional trader in his own right. He has developed a personal trading system, along with a pretty unique indicator that will enable you to consistently profit in the forex markets. I would highly recommend this product, whether you are starting a brand new strategy or even adding additional verifications to an existing strategy.

Trade The Volume Waves Single Member P.C.
5620
Reply from developer Panagiotis Diamantopoulos 2023.01.05 22:18
Thank you for your honest review!
Mark Renier
33
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.

Trade The Volume Waves Single Member P.C.
5620
Reply from developer Panagiotis Diamantopoulos 2022.11.27 09:54
Thank you Mark.
baszim
240
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!

Trade The Volume Waves Single Member P.C.
5620
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!
Sh_Mikhail
226
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

Trade The Volume Waves Single Member P.C.
5620
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
65
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!

Trade The Volume Waves Single Member P.C.
5620
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.
Sumit Dubey
1429
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 !

Trade The Volume Waves Single Member P.C.
5620
Reply from developer Panagiotis Diamantopoulos 2021.12.13 07:22
Thank you Sumit, I hope you make lots of pips with it.
Andre Gomes
2771
Andre Gomes 2021.10.14 20:30 
 

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

Trade The Volume Waves Single Member P.C.
5620
Reply from developer Panagiotis Diamantopoulos 2021.10.14 20:45
Thank you Andre!
Rutt Tungkiratichai
1233
Rutt Tungkiratichai 2021.09.13 05:43 
 

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

Trade The Volume Waves Single Member P.C.
5620
Reply from developer Panagiotis Diamantopoulos 2021.09.13 06:54
Thank you Rutt!
adonis4ex
6308
adonis4ex 2021.07.29 11:49 
 

User didn't leave any comment to the rating

Trade The Volume Waves Single Member P.C.
5620
Reply from developer Panagiotis Diamantopoulos 2021.07.29 12:21
Thank you for your kind words Adonis4ex
satish vangipuram
33
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.

SamitR
1256
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
69
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.

Eduardo Silva Vian
328
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.

Globex43
214
Globex43 2019.09.11 13:45 
 

Excellent!

Reply to review
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