Weis Wave Box MT5

Features

  • 3 types of boxes: bullish, bass and unknown. The unknown box arises when prices move in the opposite direction of the current box.
  • Allows you to set the required points for the box change.
  • Lets you set both the box border types and colors or background color.
  • Label that shows the box reversal points.
  • Lets you set the size, color, corner position, and vertical label margin.

Input Parameters Tab

  • Reversal Points. Limit in points in the opposite direction to change boxes.
  • Bulls Box Color - Color of the bullish box.
  • Bear Box Color - Color of the bearish box.
  • Reversal Box Color - Unknown box color.
  • Box Background Fill (Two Clicks to Change) - Background color of the boxes (Click 2 times to change).
  • Box Line Style - Style of the border line of the boxes.
  • Box Line Width - Thickness of the border line of the boxes.
  • Corner - Label corner position that shows the selected rollback points.
  • Font Color - Label text color.
  • Font Size - Label font size
  • Vertical Margin - Label vertical margin

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reference: "High Frequency Trading, A Pratical Guide to Algorithmic Strategies and Trading Systems (Aldridge, Irene)" Characteristics The calculation of VWAP is in accordance with the literature. 4 types of VWAPs, daily, monthly, yearly, moving. Note: Daily is the most popular form, the calculation is performed from the beginning to the end of each trading session (Market benchmark). In the moving, the calculation is carried out from n periods past to the current period, as with the famous m
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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