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Weis Pip Wave MT5

****NEW Auto Pip Waves **** 

Attention: this indicator does not provide the zig zag line, as well as any display information about volume, pips, number of bars and Speed Index. All this information is generated by Weis Wave with Alert MT5 indicator


More Info: http://www.tradethevolumewaves.com

Videos on how to use it on our youtube channel: https://www.youtube.com/channel/UCTAzhvsnzPppdqWJS-MWafQ

Weis Pip Wave

This is a Weis Wave Pip indicator which is based on Richard D. Wyckoff theory but instead of plotting volume waves it plots pip waves. It works in all time periods and it can be applied to any market.

This indicator is adding the pips (open to close) 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 must exceed the number of Points (pip*10) set in the parameters of the indicator. Therefore, the last wave repaints but the theory behind this trading method is forecasting where the market will go by reading mainly the previous waves.

Combining this indicator with the "Weis Wave with Alert MT5" indicator makes it much easier to visualize what is happening in the market.

Trading Strategies using Weis Pip Wave and Weis Wave with Alert: tradethevolumewaves.com


Setup Parameters

  • Load all Bars: true/false, if false Numbers of bars back will be loaded
  • Number of bars back: bars back to calculate waves.
  • Wave Direction Change difference in Points: Number of points required for the current wave to reverse and form a new wave
  • AutoDifference: true/false - Neglects the Wave Direction difference  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)

Weight Volume Parameters - Weight Volume According to Sessions London-US-Asia. Should be used only in Forex or any other Instrument that when EU+US sessions operating together has the Highest Volumes. (it operates  on 1Hr charts or less)

  • Weighted Volume: true/false - Weights volume of  different sessions taking into consideration that when London and US are operating at same time 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.  

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Trades sabem da importância em se observar as variações de volume e como isso pode ser determinante para entender como o mercado irá se movimentar. Informações quanto ao volume negociado, a frequência dos negócios concretizados e a correlação entre compradores e vendedores num determinado momento do mercado expandem nossa visão de volume e podem melhorar significativamente a assertividade de nossas análises.  O Volume at Price (or VAP) é um indicador de acumulação que mostra o volume total de ne
180 USD
Artemis Scalper NRP MT5
Milad Ranjbar Hosseini
  This indicator uses price change to determine reversal trend for scalper users. ARTEMIS SCALPER   is a Multi-timeframe and powerful indicator and doesn't require any other indicators for the trading. and also you can use it as trigger indicator. Signal appear when current candle closed and you must open order when new candle opened. Please always use correct money management. MetaTrader 4 Version :   https://www.mql5.com/en/market/product/54743 Indicator   Capability: Multi-timeframe S
390 USD
Powerful Trend MT5
Ayoob Zaresheibani
Based on ATR. Not    Repaint. High accuracy. an be integrated in Expert Advisors(has buffer). For greater efficiency can optimize its settings. Suitable for trend markets. Previous  High or Low   as Stop Loss. TakeProfit=2*StopLoss. Version MT4: https://www.mql5.com/en/market/product/54276 and finally: Work with it to find out. Attention:   Do not forget capital and risk management because there is no guarantee for the future of price. Good luck.
499 USD
Running along Lines MT5
Pavel Verveyko
The indicator draws support and resistance lines on a significant part of the chart for making decisions. After the line has appeared, you can work on the breakout of the line or rebound from it, as well as place orders near it. The obsolete lines are removed automatically. Thus, we always deal with the most up-to-date lines. The indicator is not redrawn. Settings: Size_History  - the size of the calculated history. Num_Candles_extremum  - the number of candles on each side of the extremum
140 USD
Support Resistance Breakout by Volume MT5
Koros Jafarzadeh
This indicator uses support and resistance, volume and some special formula to calculate the volume to filter the candles. If the volume reaches a specific value, And at the same time, Candle breaks the support/resistance line, There would be a signal and we can enter the market. Signals appear when the current candle closes. then you can enter the trade when a new candle appears. Please don't forget to follow your money management plan. MetaTrader 5 Demo Version : https://www.mql5.com/en/market
499 USD
Fractal Pattern Scanner MT5
Young Ho Seo
Breakout Trading and then Recommend for Turning Point Fractal Pattern Scanner will do the complicated calculation at background. However, it provides simple trading operation. The Mother Wave pattern will provide you breakout trading opportunity. When the price crosses the breakout line, there is a good chance to catch profit from this breakout. The good thing is that it also provides the potential reversal price level as soon as the breakout pattern is detected. In summary, you use breakout fo
220 USD
CloudFlyID best Intraday indicator
Long Chen
This Indicator is designed for intraday traders. several tips for you to get good result; 1,If the nearest arrow is red arrow from right,place long orders when you see red cloud coming out; 2,if the nearest arrow is blue arrow from right,place short orders when you see blue cloud coming out; 3,the best timeframe is 1 minutes; 4,place just one trade each time; 5,control your lots:if you have 1000usd in your deposite, the best lots for each trade is 1000 divided by 10000 equals 0.1 lots; 6,the bes
420 USD
sunnychow 2019.01.12 16:37 

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[Excluído] 2019.01.07 17:54 

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Mazurka 2018.12.02 17:56 

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Versão 2.8 2020.09.23
Removed Weight Specific Bars,all bars are weighted
Versão 2.7 2020.09.10
Changed Indicator Name
Versão 2.6 2020.09.07
Added Weighted Volume Feature
Versão 2.5 2020.08.16
Added the option to Load All Bars or specific number of bars
Versão 2.4 2019.09.19
Adjusted Weighted Volume - added all bars weight-added DayLight Savings
Versão 2.3 2019.07.18
Adjusted Autowaves
Versão 2.2 2019.07.15
Adjusted Autowaves Algorithm
Versão 2.1 2019.06.02
Added label on chart displaying AutoSensitivity parameter
Versão 2.0 2019.05.28
***New Auto Pip Waves ***

AutoDifference: true/false - Neglects the Wave Direction difference 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)
Versão 1.2 2019.04.07
Fixed wave calculation when there is a gap
Versão 1.1 2018.11.26
Fixed a bug which did not displaying the waves

Created an error Text in case the bars to calculate are more than the bars on chart