Official Weis Wave MT5
60 USD
Demo downloaded:
317
Published:
9 May 2019
Current version:
1.2
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In the attached example, price has moved significantly on a H1 chart, yet your indicator shows 'unconfirmed' candles.
Please can you explain what that means?
What needs to happen for the signal to be confirmed?
In the attached example, price has moved significantly on a H1 chart, yet your indicator shows 'unconfirmed' candles.
Please can you explain what that means?
What needs to happen for the signal to be confirmed?
Hello Devonish,
the unknown wave began at every time prices move in the opposite direction to the current wave.
In attached image, the unknown wave has not been confirmed, yet, because prices have not surpassed the last top, which I highlighted in the image in the attachment.
In your case. The unknown wave began to surge as prices began to move in the opposite direction. If prices have been move in that direction and the points you set for "Reversal Points" had been reached the unknown wave would be corrected for a bearish wave. However, if prices were to reach a higher high again, breaking the top that I highlighted, the unknown wave would be joined to the current bullish wave.
Regards,
OFFICIAL team.
Hello Devonish,
the unknown wave began at every time prices move in the opposite direction to the current wave/.......
Regards,
OFFICIAL team.
Thanks, that's useful to understand.