Official Weis Wave MT5

4
References:
  • "A Modern Adaptation of the Wyckoff Method"
  • "The Secret Science of Price and Volume"
  • "Trades About to Happen"
  • To know more, search on the internet: "The Wyckoff Method", "Weis Wave" and "Volume Spread Analysis";

Features

  • 3 types of waves: bullish, bearish and unknown. The unknown wave comes when prices move in opposite the direction of the current wave.
  • Label that shows the percentage remaining for the next wave.
  • Allows you set the type of volume that will be accumulated in the waves, either real or tick volumes. Thus, the indicator works in any market, for example: stocks, futures, forex, commodities, etc.
  • Allows you to set the required score for the wave exchange.
  • Allows you to set the font size of the percentage labels.
  • Lets you set both the wave colors and the colors of the percentage labels.


Inputs Parameters

  • Reversal Points - Point limit in the opposite direction to change wave.
  • Bulls Wave Info - Bulls percentage label color.
  • Bear Wave Info - Bear percentage label color.
  • Font Size Info - Font size of percentage labels.
  • Volume Type - Real Volume or Ticks Volume.


Colors

  • Set the color of waves.





Reviews 1
SamitR
1556
SamitR 2020.09.19 22:22 

Hello, I have recently purchased this indicator and 2 others from your website, I am having some trouble understanding how to best use it...could you please send me a video or a pdf document....thank you very much in advance...Samit

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EMarket AI
Sant Clear Ali Costa
The wait is over, the AI for Traders has arrived! The Elite Market AI is an Expert Advisor powered by one of the most advanced generative AI models available today. It processes the price and indicator data displayed on the screen, providing traders with valuable insights into the current market situation. This analysis can be crucial for making informed buy or sell decisions, assisting in trading strategy, and enhancing the accuracy of operations. Configurations Country Code Description: Def
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SamitR
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SamitR 2020.09.19 22:22 

Hello, I have recently purchased this indicator and 2 others from your website, I am having some trouble understanding how to best use it...could you please send me a video or a pdf document....thank you very much in advance...Samit

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