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  • Comments (3)
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Official Weis Wave MT5

4
References:
  • "A Modern Adaptation of the Wyckoff Method"
  • "The Secret Science of Price and Volume"
  • "Trades About to Happen"
  • To know more, search on the internet: "The Wyckoff Method", "Weis Wave" and "Volume Spread Analysis";

Features

  • 3 types of waves: bullish, bearish and unknown. The unknown wave comes when prices move in opposite the direction of the current wave.
  • Label that shows the percentage remaining for the next wave.
  • Allows you set the type of volume that will be accumulated in the waves, either real or tick volumes. Thus, the indicator works in any market, for example: stocks, futures, forex, commodities, etc.
  • Allows you to set the required score for the wave exchange.
  • Allows you to set the font size of the percentage labels.
  • Lets you set both the wave colors and the colors of the percentage labels.


Inputs Parameters

  • Reversal Points - Point limit in the opposite direction to change wave.
  • Bulls Wave Info - Bulls percentage label color.
  • Bear Wave Info - Bear percentage label color.
  • Font Size Info - Font size of percentage labels.
  • Volume Type - Real Volume or Ticks Volume.


Colors

  • Set the color of waves.





Reviews 1
SamitR
1271
SamitR 2020.09.19 22:22 
 

Hello, I have recently purchased this indicator and 2 others from your website, I am having some trouble understanding how to best use it...could you please send me a video or a pdf document....thank you very much in advance...Samit

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Features Start point of VWAP movable. 7 types of VWAP calculation methods: close, open, high, low, average price, typical price and weighted close. 2 types of volume calculation: ticks or real volume. Thus, the indicator works in any market, for example: stocks, futures, forex, commodities, etc. Color, line style, and line width of the customizable VWAP. Label that show the current VWAP price. VWAP breakout alert that can be enabled or disabled. 2 types of methods to trigger the breakout alert:
Market Profile Pro MT5
Sant Clear Ali Costa
4 (1)
Features Value area lines (POC, VAH and VAL) of the present and the past separately customizable, making it easier for the trader to read on the most important levels. Value areas and volume profile work in any time period and in any market such as: stocks, futures, forex. commodities, etc. Customizable volume profiles color in single color or gradient. The gradient offers the view of how the volume behaved over time. Customizable performance setup. Allowed to set the number of sessions in whic
Vwap MT5
Sant Clear Ali Costa
reference: "High Frequency Trading, A Pratical Guide to Algorithmic Strategies and Trading Systems (Aldridge, Irene)" Characteristics The calculation of VWAP is in accordance with the literature. 4 types of VWAPs, daily, monthly, yearly, moving. Note: Daily is the most popular form, the calculation is performed from the beginning to the end of each trading session (Market benchmark). In the moving, the calculation is carried out from n periods past to the current period, as with the famou
EMarket AI
Sant Clear Ali Costa
The wait is over, the AI for Traders has arrived! The Elite Market AI is an Expert Advisor powered by one of the most advanced generative AI models available today. As a utility class tool, it does not execute trades automatically. However, it processes the price and indicator data displayed on the screen, providing traders with valuable insights into the current market situation. This analysis can be crucial for making informed buy or sell decisions, assisting in trading strategy, and enhanc
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SamitR
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SamitR 2020.09.19 22:22 
 

Hello, I have recently purchased this indicator and 2 others from your website, I am having some trouble understanding how to best use it...could you please send me a video or a pdf document....thank you very much in advance...Samit

Reply to review
Version 1.2 2019.05.30
* Fixed the display of the value "Price limit" on the label in the upper right corner.
Version 1.1 2019.05.15
* Added in the text of percentage the information "price limit" to occur the exchange of wave.