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Weis Wave with Alert

** NEW ALL IN ONE **

Different Wave Types can be sellected. Choose what your cumulative Histogram diplays: Volume, Pips, Progressive Volume Rate, Time or Emphasized Volume Waves **



How to trade with it: https://www.tradethevolumewaves.com/blog

Visit: http://www.tradethevolumewaves.com 

Manuals: https://www.tradethevolumewaves.com/manuals

Youtube channel: https://www.youtube.com/channel/UCTAzhvsnzPppdqWJS-MWafQ

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 adding the wave type you choose of the corresponding price waves and draws a cumulative histogram. 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.

The wave type of the wave together with pip distance that the price has covered and the number of bars are displayed. Speed Index is a new function shows the speed of the wave  and can be displayed on the chart (the smaller this number is the faster the wave is and the larger this number is the slower the wave is)

Furthermore, an Alert (popup, email, push, sound) can be setup if the cumulative wave type of the current wave exceeds a certain number specified in the parameters. An Alert can also be setup if Speed Index exceeds a specific value and/or is below a specific value.

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
  • Difference: Number of points required for the current wave to reverse and form a new wave
  • AutoDifference: true/false - Neglects the Difference parameter and adjusts the Difference automatically creating more accurate waves.
  • AutoSensitivity: The higher the number the higher the sensitivity and therefore more waves are formed.
  • 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.    
Not to be used with constant tick charts.
  • 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
    Speed Index Display and Alert Parameters
    • SI Display:  Show speed index  0 No Display, 1 SI only, 2 Volume and SI
    • SpeedAlert: Enable or not speed index alert - Speed Alert works on the previous wave - not the current which is forming.
    • AlertFont: Font for speed index when criteria are met (in order to be more visible and differentiate from the rest of speed indices)
    • SpeedIndexSizeSlowAbove: Trigger Alert if speed index is above setup number.
    • SpeedIndexSizeFastBelow: Trigger Alert if speed index is below setup number.
    • Alerts: Popup, Sound, Email, Push
    Format Wave and Label parameters

    ShowLabels: Display or not the volume, 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

    Format parameters: LabelShift, Font size, Color Up Color down, wave color, wave width.

      Volume Alert Parameters (Wave Type)

      The info displayed by the alert function are: the pair, the period, a message “Hign Dn 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
      • 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: negative down waves

      Location of parameters to be displayed (Corner, Y offset, X offset, Font, Font Size)


      Comentários 8
      jas1968
      141
      jas1968 2020.07.21 19:13 
       

      2 days ago I purchased this indicator. The indicator itself works fantastic. I have used many indicators in the past but this is head and shoulders above anything else. The author is very helpful and genuine and immediately after purchase offered to help me set it up. If you are a seriously wanting to up your trading game, this will give you the edge you need. Highly recommend.

      Kjetil1964
      25
      Kjetil1964 2020.07.03 18:40 
       

      a very good tool, it is not an indicator, but a tool, i don't use indicators they are all lagging, and made for smart money to screw us who they all call "dumb money" i am realist and i trade using wave patterns, volume and divergence, its the 3 only tools that can help a manuel technical trader, the weis wave speed index has become a vital tool for me especially when it comes to time the entries better than i used to do, i used it as my confirmation tool together with wave patterns and divergence, those 3 together are hard to beat, and f one of them dont agree with the other, the i go have a beer and wait for the trade to come to me, more than anything Panagiotis has saved me from entering bad trades which is as important if not more than entering good trades, also his support is very good and proves he is a serious guy, he does not only sells and disappears like many others in this market and on this page

      ykng197
      169
      ykng197 2020.04.25 10:59 
       

      I have purchased weis wave with alert, No demand No supply, Weis pip wave , all MT4 products. These are very good 5-star indicators. And Panagiotis is generous and extremely helpful in explaining the proper ways of using these indicators. These indicators are must haves for chart reading. I strongly recommend his products.

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      This indicator allows you to see the strength of the trend on all timeframes. It can be used for all currency pairs. The indicator can be displayed in the form of a column (from left to right): status buy / sell / strong buy / strong sell, strength of the trend in percentage, pips last candle, body candle now, remaining time, and the timeframe of M1 to MN. Information contained below (from left to right): total trend percent, sell percent, buy percent.
      500 USD
      Movement of the price
      Sergey Bogatkin
      Movement Of The Price calculates the average range for intraday bars for a specified period of time. The indicator operation principle is simple enough. It calculates the price movement ranges by intraday candles (bars) for a certain time interval and then calculates their average value. The resulting histogram is displayed under the chart. The smaller the timeframe, the more efficient the indicator. A timeframe less than H1 is the best option. Parameters PERIOD – amount of candles used for th
      450 USD
      Trend corridors
      Sergey Bogatkin
      Trend Corridors builds several price channels simultaneously using Moving Average and ATR. You can also set your own ratios for each price channel to expand or narrow it. The channel lines can be made broken or smooth depending on how you are going to use the channel. When volatility is growing, the channel is expanded. Otherwise, it is narrowed. This allows you to find better entry/exit points and take the maximum amount of points. Parameters PeriodsATR – ATR period, standard ATR parameter; M
      425 USD
      DonchianChannel
      Vitaly Makarov
      Old faithful Bollinger Bands. The algorithm of this indicator is based particularly on it. We have found the best bands settings and implemented them in the code. The algorithm also has a unique part which ensures the best use in trading. Recommended to use as a filter, for determining a trend and an exit point, and breakthrough of Highs and Lows. Adjust the indicator according to your needs. Indicator Parameters ChannelPeriod - channel period. Default value is 20. The higher the value, the mo
      600 USD
      Pivot Full
      Victoria Maganova
      Pivot Full is an efficient indicator defining key daily, weekly and monthly horizontal support and resistance levels. The symbol price bounces back when reaching support and resistance levels. The stronger the level, the less likely a breakthrough. A breakthrough indicates the power of bulls or bears. Indicator type: level The indicator is recommended for Forex day trading on H4, D1, and W1. Parameters DaysBack = 1; Use_Sunday_Data = False (enable/disable weekends); Daily = True; Daily_SR_Leve
      600 USD
      SAMI SAYDAM RESISTANCE AND SUPPORT INDICATOR
      Sami Saydam
      It is the sharp and accurate support and resistance level indicator, it moves them correctly with time and it works perfect on all time frames’ charts and on most of the trading instruments. It uses the reality points on the top and the real bottom of each candle out of the last 20 candle bars. If the prices go from down to above the red trend line and confirm the full candle at the close above the line, then the indicator will pop up long signal alert which is telling you the current resistance
      26 000 USD
      Multi Instrument
      Evgeny Potapov
      The indicator can apply any trading instrument chart to the main one. An added symbol is scaled depending on the amount of bars currently visible on the chart. This allows you to visualize the arbitrage trading possibilities on a pair of symbols (assets). If you need a reverse correlation, you can apply a reversed price. For example, you can apply the USDGOLD chart (instead of GOLDUSD) to the USDCAD one. In this case, the price is reversed and GOLDUSD is re-scaled appropriately. Some correlated
      450 USD
      QTFx Better Candles
      Thorsten Frey
      QTFx Better Candles are little more accurate than the standard ones. For correct practicing you must define the market as ranging or trending. In trending markets, you find easily an entry in the Trend direction. Use for the Trend definition higher highs/lower lows, moving averages or other. The red Candles are Sell and the blue ones are buy Candles. Please keep in mind that you should support your trade with other systems to get an accurate trading and using a trailing stop loss. Key Features
      20 000 USD
      Smooth price for Monarch MT4
      Konstantin Gruzdev
      The Smooth Price technical indicator is used for plotting a smoothed line as close to the price of the financial instrument as possible, and serves to eliminate its noise components. The indicator is part of the Monarch trading system, but here it is presented as an independent technical analysis tool. The indicator is based on the cluster digital filter , which, unlike the ClusterSMA , is applied directly to the price time series. Smooth Price does not redraw (except the very last, zero bar) an
      999 USD
      Termi
      Dimitar Pavlov
      The indicator gives alerts when 4 conditions are met (based on candle formations and several indicators). The indicator does not repaint or redraw. The signal always come as soon as candle open. Works on any timeframe and any symbol. I recommend to be used on Silver (XAGUSD) on 1M chart or 5M chart. Inputs: Email Alerts - enable/disable email alerts Audible Alerts - enable/disable audio alerts
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      Tigger
      Dimitar Pavlov
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      2 000 USD
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      No Demand No Supply
      Panagiotis Diamantopoulos
      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 but with exceptional future of WEIGHTED VOLUME. Furthermore is has an alert notification, sound and email when a signals occurs. The VSA (Volume Spread Analysis) definition for No Demand and No supply is as follows: No Demand (no buyers-potential short position):
      80 USD
      TrendLines Cross with Alert
      Panagiotis Diamantopoulos
      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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      Anchored VWAP with Alert
      Panagiotis Diamantopoulos
      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
      60 USD
      Weis Wave with Alert MT5
      Panagiotis Diamantopoulos
      ** NEW ALL IN ONE ** Different Wave Types can be sellected. Choose what your cumulative Histogram diplays: Volume, Pips, Progressive Volume Rate, Time or Emphasized Volume Waves ** How to trade with it:   https://www.tradethevolumewaves.com 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 adding the wave type that you selecte
      420 USD
      No Demand No Supply MT5
      Panagiotis Diamantopoulos
      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 VSA (Volume Spread Analysis) definition for No Demand and No supply is as follows: No Demand (no buyers-potent
      80 USD
      Filtro:
      jas1968
      141
      jas1968 2020.07.21 19:13 
       

      2 days ago I purchased this indicator. The indicator itself works fantastic. I have used many indicators in the past but this is head and shoulders above anything else. The author is very helpful and genuine and immediately after purchase offered to help me set it up. If you are a seriously wanting to up your trading game, this will give you the edge you need. Highly recommend.

      Kjetil1964
      25
      Kjetil1964 2020.07.03 18:40 
       

      a very good tool, it is not an indicator, but a tool, i don't use indicators they are all lagging, and made for smart money to screw us who they all call "dumb money" i am realist and i trade using wave patterns, volume and divergence, its the 3 only tools that can help a manuel technical trader, the weis wave speed index has become a vital tool for me especially when it comes to time the entries better than i used to do, i used it as my confirmation tool together with wave patterns and divergence, those 3 together are hard to beat, and f one of them dont agree with the other, the i go have a beer and wait for the trade to come to me, more than anything Panagiotis has saved me from entering bad trades which is as important if not more than entering good trades, also his support is very good and proves he is a serious guy, he does not only sells and disappears like many others in this market and on this page

      ykng197
      169
      ykng197 2020.04.25 10:59 
       

      I have purchased weis wave with alert, No demand No supply, Weis pip wave , all MT4 products. These are very good 5-star indicators. And Panagiotis is generous and extremely helpful in explaining the proper ways of using these indicators. These indicators are must haves for chart reading. I strongly recommend his products.

      johnlyj
      256
      johnlyj 2019.06.11 14:51 
       

      Simply a good quality indicator. It helps me to understand what the market is doing. Suitable for different type of strategies. Thanks Panagiotis for such a useful tool

      forix7
      472
      forix7 2019.03.25 11:10 
       

      Simply fabulous indicator and Panagiotis is a very helpful Author / Seller - this indicator is a must have for any serious trader, the alerts help you monitor wave pips and the download is perfect and trouble free, upgraded indicator is certainly worth paying for and also has many many different trading opportunites / strategies - All updates and programming are A1 and faultless which are a pleasure to work with in this indicator industry, never any problems and NO repainting - I could not trade without this now - thanks for sharing the GREAT work of yours - It paid for itself in 12 hours just testing it, thanks again :)

      In addition to my review, i have just downloaded the updated AUTO version which is AMAZING - I no longer have to change the wave settings and can let the indicator do it for me automatically when switching time frames and charts, this indicator just gets better and better, thanks for your effort in updating it so it makes our lives easier, GREAT WORK

      Tom sheep
      341
      Tom sheep 2019.04.08 18:17 
       

      The author has provided good support. Transaction strategies are being learned.

      knightraider7
      66
      knightraider7 2019.01.15 04:33 
       

      This purchase was smooth and the indicator delivered exactly as it promised.

      Chern Wang
      856
      Chern Wang 2018.06.02 06:30 
       

      very good indicator

      Responder ao comentário
      Versão 7.0 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
      Versão 6.7 2021.02.06
      Code Improvement
      Weighted Volume Algorithm Adjustment
      Versão 6.6 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
      Versão 6.5 2020.12.18
      Net Volume: true/false - Bullish Cadnle =+volume and Bearish Candle=-volume. The Net Volume Wave= Absolute(+volume-volume)
      Versão 6.4 2020.11.09
      Fixed Volume Level Line Color
      Versão 6.3 2020.09.23
      Labelshift code improvement, you need to adjust your Labeshift start with value = 0.5 or 1.0 ,
      Added Volume and SI display together,
      Added SI Multiplier
      Remove weight volume on specific bars, weighted volume calculates all bars
      Versão 6.2 2020.09.13
      code improvvement
      Versão 6.1 2020.09.10
      Updated SI Algorithm and changed indicator name
      Versão 6.0 2020.09.07
      Updated Weighted Volume Algorithm.
      Versão 5.9 2019.09.19
      Added Daylight Savings
      Versão 5.8 2019.09.18
      Adjusted weighted volume and added all bars weight.
      Versão 5.7 2019.08.13
      Updated Speed Index, VolDivBy, PipDivby
      Versão 5.6 2019.07.29
      New Algorithm for Weighted Volume and Adjustable Bars Back for Weight calculations
      Versão 5.5 2019.07.26
      Show trade levels that were hidden in the previous version
      Versão 5.4 2019.07.18
      Removed a print command.
      Versão 5.3 2019.07.18
      Adjusted Autowaves
      Versão 5.2 2019.07.15
      Adjusted Autowaves Algorithm
      Versão 5.1 2019.06.02
      Display on chart AutoSensitivity parameter
      Versão 5.0 2019.05.28
      1. New Auto Wave for more accurate waves and without adjusting when switching timeframes

      AutoDifference: true/false - Neglects the Difference parameter 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 "WP Difference:xx" (Corner, Y offset, X offset, Font, Font Size)


      2. Adjustment of Labels shift.
      Versão 4.4 2019.05.24
      1. Alignment of Labels when changing timeframes.
      2. Added different volume wave coloring on bars to how many bars were needed until the move has exceeded the difference parameter.
      Versão 4.3 2019.04.10
      Add Negative Style = true/false changes the Histogram down waves to negative
      Versão 4.2 2019.03.31
      Added parameters for Speed Index color and Speed Index Alerts color
      Versão 4.1 2019.03.21
      Pip display adjustment
      Versão 4.0 2019.03.21
      Added Advanced Volume filter: An advanced algorithm that filters volume in order to emphasize on significant waves
      Versão 3.2 2019.01.20
      Fix Location of Labels on current wave forming
      Versão 3.1 2019.01.19
      Fixed a bug on PipDivBy parameter
      Versão 3.0 2019.01.14
      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
      Versão 2.2 2018.11.14
      Adjusted weighted volume for JPY pairs.
      Versão 2.1 2018.11.14
      Fixed a bug on weighted volume.
      Versão 2.0 2018.11.11
      Added an option to Weigh Volumes according to Sessions. Considering that when London and US are operating at the same have the highest it adjusts the rest of the remain sessions (hours) accordingly to level them with London-US hrs.
      Versão 1.2 2018.08.28
      Addition: The number of bars of each wave have been added on the wave label.
      Versão 1.1 2018.06.20
      Changes on Alert Function