• 概述
  • 评论 (3)
  • 评论 (3)
  • 新特性

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

https://www.mql5.com/en/market/product/33441


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

Parameters

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.  
  • Weight_All_Bars: true/false - If set to true the algorithm will weighted volume considering all bars on chart, if set to false only the numbers of bars specified on "Weight_Specific_Bars" parameters will be considered.
  • Weight_Specific Bars: the number of bars that will be considered for the weighted volume calculation.   

    评论 3
    sunnychow
    8615
    sunnychow 2019.01.12 16:37 
     

    Thanks for share

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    sunnychow
    8615
    sunnychow 2019.01.12 16:37 
     

    Thanks for share

    [删除] 2019.01.07 17:54 
     

    用户没有留下任何评级信息

    Mazurka
    338
    Mazurka 2018.12.02 17:56 
     

    НЕ ПОЗОРИЛИСЬ БЫ! ТО ЧТО РИСУЕТ ВАШ ИНДЮК, НЕ ПОБОЮСЬ ЭТОГО СЛОВА, ТАК КАК ЕМУ НАДО, А НЕ НАМ.

    版本 2.7 2020.09.10
    Changed Indicator Name
    版本 2.6 2020.09.07
    Added Weighted Volume Feature
    版本 2.5 2020.08.16
    Added the option to Load All Bars or specific number of bars
    版本 2.4 2019.09.19
    Adjusted Weighted Volume - added all bars weight-added DayLight Savings
    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
    Added label on chart displaying AutoSensitivity parameter
    版本 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)
    版本 1.2 2019.04.07
    Fixed wave calculation when there is a gap
    版本 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