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Weis Waves

The original author is David Weis, an expert in the Wyckoff Method. The Weis Wave is a modern adaptation of the 1930's Wyckoff Method, another expert in Tape Reading techniques and Chart Analysis. Weis Waves takes market volume and stacks it into waves according to price conditions giving the trader valuable insights about the market conditions.

If you want to learn more about this subject you can find tons of videos in YouTube. Just look for "The Wickoff Method", "Weis Wave" and "Volume Spread Analysis".

There is also the book David Weis wrote himself called "Trades About to Happen" (Wiley Trading Series).


FEATURES

  • Volume Waves stacked according to a threshold (*in TICKS*) adjusted by the user for each Symbol, so you can exactly grab the market swings.
  • You can set the number of bars you need to load in your study, so you can limit the load and usage of MT resources and gaining speed of processing.
  • You can change the color and style of the waves.
  • You can Unstack the volume into a simple histogram if desired.
  • You can use Real Volume or Ticks Volume.
  • You will have Up Waves and Down Waves, and the new and yet unknown wave being formed will have a white (user-changeable) color.
  • Sometimes MT5 cache of data gets delayed or not renewed, so some bars can momentarily disappear. The indicator will detect and correct the missing bars in a timed interval if needed.
  • If for some reason the terminal is closed during a session, you may encounter during the restart some bars mixed at the current wave. This is normal, give the indicator a time for recomposing itself to the current state of the market...
  • This indicator was developed for Intraday trading (Day Trading), so you can use it on a maximum of H1 chart.

A mighthy companion will be the Waves Sizer, which is shown inside the chart and measures the distance Price traveled along the swings...
Get yours here:

https://www.mql5.com/en/market/product/41721


    If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)...   

    This will mean A LOT to me... And this way I can continue to give away Cool Stuff for Free...

    With No Strings Attached!  Ever!


    Live Long and Prosper!

    ;)
    Comentarios 13
    vassill
    22
    vassill 2020.11.22 08:20 
     

    Отлично

    Guilherme Mendonca
    1412
    Guilherme Mendonca 2020.09.24 14:36 
     

    Bom indicador

    oliveira.leandro1981
    74
    oliveira.leandro1981 2019.09.08 02:59 
     

    Muito bom.

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    ⭐️⭐️⭐️ ⭐️⭐️   TREND SCREENER   ⭐️⭐️⭐️ ⭐️⭐️      Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool!  Important Note : 1.  Active Signals Performance via     TREND LINE MAP INDICATOR  ( Daily Update )   ►   Click Here 2. Our Trend system composed of 2 Indicators :    2.1    Trend Screener Indicator ,  it will display Market Trend, Trend Line in the chart,Stoploss per signal..etc.    2.2    Trend Line Map Indicator ,  it wi
    49 USD
    Ticks Heiken Ashi
    Andrej Nikitin
    The Heiken Ashi indicator drawn using a tick chart. It draws synthetic candlesticks that contain a definite number of ticks. Parameters: option prices - price option. It can be Bid, Ask or (Ask+Bid)/2. the number of ticks to identify Bar - number of ticks that form candlesticks. price levels count - number of displayed price levels (no levels are displayed if set to 0 or a lower value). calculated bar - number of bars on the chart. Buffer indexes: 0 - OPEN, 1 - HIGH, 2 - LOW, 3 - CLOSE.
    10 USD
    Pivot Points OnOff MT5
    Fabrizio Malavasi
    The Pivot Points On-Off  it's a useful indicator if you want a  clean chart  and to take a look to the indicator. You can choose if you want the indicator always shown or always hided while switching among different time frames or financial instruments . Starting from this initial condition it's possible to show/hide   the indicator just pressing the button or using the keyboard. The Pivot Points are calculated with Standard , Fibonacci , Camarilla , Woodie and Demark formulas. As a default f
    30 USD
    Lighthouse MT5
    Daniel Stein
    ⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat Lighthouse is an amazing precise and reliable support and resistance indicator. It displays the most important trading levels and draws them according to their relevance. If a level is clearly br
    50 USD
    Laguerre VIX Trend Extremes MT5
    Synapse Investment Research Group, Inc.
    The  Laguerre VIX Trend Extrema   (LVTE)  indicator detects market tops and bottoms. As its name suggests, LVTE is a percentage price oscillator that identifies extreme ranges in market price. As described in John F. Ehlers book  "Cybernetic Analysis for Stocks and Futures,"  incorporating Laguerre's equation can facilitate more advanced trend detection and smoother filters, while requiring less data. Here, we use multiple variants on Laguerre's equation, for robust detection of price maxima and
    99 USD
    PipFinite Breakout EDGE MT5
    Karlo Wilson Vendiola
    The Missing Edge You Need To Catch Breakouts Like A Pro. Follow a step-by-step system that detects the most powerful breakouts! Discover market patterns that generate massive rewards based on a proven and tested strategy. Unlock Your Serious Edge Get it here ► www.mql5.com/en/blogs/post/723208 Have access to the game changing indicator that will take your trading to the next level! How To Trade Execute your trades in 3 Easy Steps! Step 1: Trade Setup Enter a signal if Success Rate is
    98 USD
    Pivot Prof
    Paul Anscombe
    Un indicador excepcional ... Obtenga increíbles oportunidades comerciales con Pivot Prof y use los niveles que usan los profesionales, ¡mejore sus operaciones hoy! Pivot Prof es rico en funciones y utiliza algoritmos únicos para calcular y mostrar los niveles de negociación de múltiples marcos de tiempo en un solo gráfico fácil de leer, y proporciona alertas de terminal, móvil y correo electrónico, además de personalización completa. Actualización importante Maximice el potencial de Pivot P
    79 USD
    Waves Of Fibonacci
    Roman Vashchilin
    The principle of the indicator operation lies in the analysis of the currency pair history and determining the beginning and the end of the "power" driving the current trend. It also determines the Fibonacci levels in the main window. The indicator also shows how long ago the local Highs and Lows have been reached. How to Use Waves in the subwindow show the strength and the stage of the trend movement. That is, if the waves only start rising, then the trend is in the initial stage. If the wave
    45 USD
    Filtro:
    Paulo Moraes
    276
    Paulo Moraes 2019.03.03 18:00 
     

    Ainda estou testando, mas me parece ser um bom indicador.

    Thiago Costa
    58
    Thiago Costa 2019.03.07 19:43 
     

    Ainda estando mas indicador muito bom...

    Seria possível incluir uma configuração para o parâmetro de reversão da onda ser o preço de fechamento e não apenas as máximas e mínimas?

    Samuel White
    60
    Samuel White 2019.06.20 00:10 
     

    El usuario no ha dejado ningún comentario para su valoración

    Maurício Ferrari
    85
    Maurício Ferrari 2019.06.22 02:44 
     

    El usuario no ha dejado ningún comentario para su valoración

    Emil Neumann
    76
    Emil Neumann 2019.06.26 22:06 
     

    El usuario no ha dejado ningún comentario para su valoración

    oliveira.leandro1981
    74
    oliveira.leandro1981 2019.09.08 02:59 
     

    Muito bom.

    CLAUDIO FRANCA DE OLIVEIRA
    728
    CLAUDIO FRANCA DE OLIVEIRA 2020.04.04 13:12 
     

    El usuario no ha dejado ningún comentario para su valoración

    fernandomaroto
    76
    fernandomaroto 2020.05.15 02:34 
     

    El usuario no ha dejado ningún comentario para su valoración

    robertmiller83
    114
    robertmiller83 2020.05.24 23:47 
     

    Terrible. Many bugs.

    Valentin Butorin
    3855
    Valentin Butorin 2020.07.23 15:10 
     

    El usuario no ha dejado ningún comentario para su valoración

    Guilherme Mendonca
    1412
    Guilherme Mendonca 2020.09.24 14:36 
     

    Bom indicador

    Fabio Bonsenhor
    19
    Fabio Bonsenhor 2020.11.16 16:21 
     

    o indicador seria nota 10 se não travasse toda hora.

    vassill
    22
    vassill 2020.11.22 08:20 
     

    Отлично

    Respuesta al comentario
    Versión 1.4 2020.06.06
    :: Recompiled (obligatory by Metaquotes as of June,05,2020) to the new MT5 version 2485. Please let me know if anything weird happens...
    Versión 1.3 2020.05.15
    :: ADDED the ability to "break the wave" for tick Symbols less than 1 (decimals).