• 概述
  • 评论 (3)
  • 评论 (2)
  • 新特性

Weis Pip Wave

****NEW Auto Pip Waves **** 

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

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" indicator makes it much easier to visualize what is happening in the market.


Trading Strategies using Weis Pip Wave and Weis Wave with Alert:

  1. Trend trading: trade with the trend on retracement level if the volume and pips of the retracement wave are insignificant.
  2. Too much volume but not significant pip wave move: Something is going to happen, wait for the price to break a significant level and follow it.
  3. Other strategies using Weis wave can be found on the internet.


Parameters

Setup Parameters

  • Difference: Number of points required for the current wave to reverse and form a new wave. Manual 
  • 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)

    Alert Parameters

    The information displayed by the alert function are: the pair, a message "High Dn Pip Wave" or "High Up Pip Wave" and the time.

    • TriggerCandle: The candle number that the alert will be triggered
    • PipWaveSize: The value of cumulative pip wave that if exceeded the alert will be triggered
    • Negative_style: Changes Histogram of down waves to negative.
    • EnableNativeAlerts: Popup window
    • EnableSoundAlerts: Sound alert
    • EnableEmailAlerts: Send email
    • SoundFileName: Sound file for sound alert "alert.wav"


    forix7
    462
    forix7 2019.03.24 23:41 
     

    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 upgraded indicator that is payable also has many many benefits. I could not trade without this now - All updates work and NEVER fail, GREAT programming so thanks for sharing the GREAT work of yours

    Matthew Todorovski
    13098
    Matthew Todorovski 2018.06.30 14:52 
     

    1 Star (20%) = Bad

    2 Star (40%) = Undecided

    3 Star (60%) = Acceptable

    4 Star (80%) = Good

    5 Star (100%) = Excellente!

    Павел
    323
    Павел 2018.06.26 04:40 
     

    Этот индикатор показывает что угодно но не истинное движение на рынке. Ловко перерисовывает свои значения.

    版本 2.6 2019.09.19
    Added Daylight Savings
    版本 2.5 2019.09.18
    Adjusted Weight Volume -added all bars weight
    版本 2.4 2019.07.29
    New Algorithm for Weighted Volume and Adjustable Bars Back
    版本 2.3 2019.07.18
    Adjusted AutoWaves
    版本 2.2 2019.07.15
    Adjusted Autowaves Algorithm
    版本 2.1 2019.06.02
    Display on chart AutoSensitivity parameter
    版本 2.0 2019.05.28
    *** NEW Auto Waves ****

    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)
    版本 1.2 2019.04.10
    Added Negative_style: Changes Histogram of down waves to negative.
    版本 1.1 2019.04.07
    Fixed calculation of the wave when there is gap