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Weis Wave Indicator with Alert v10

Weis Wave Indicator with Alert v10

Original price was: $599.00.Current price is: $19.00.

It works like a magic!

As a trader, I found this tool useful for spotting market trends and making informed decisions. The real-time data and clear chart patterns help identify potential trade opportunities.

Christina K

Verified Purchase

INSTANT DOWNLOAD!

Original price: $599.00

Our price: $19.00   97% OFF Retail!

Indicator: Weis Wave with Alert – No DLL.ex4 (Unlocked MT4 Build 1420+), UserGuide: (please refer to the YouTube channel and vendor’s website on how to use the indicator, everything is there).

 

Weis Wave Indicator Overview

The Weis Wave Indicator is a technical analysis tool based on the Wyckoff theory, designed to analyze price waves and volume in all markets and timeframes, including range bar and tick bar charts.

Key Features

  • Autowaves Feature: Automatically identifies waves based on price movement.

  • Five Different Wave Types: Offers flexibility in volume and price analysis.

  • Powerful Speed Index: Measures the speed of price movement for better market insight.

  • Wave Reversal Logic: Waves reverse direction only after price moves beyond a configurable point threshold (pips * 10).

  • Forecasting Capability: Though the last wave repaints, it helps forecast market direction by analyzing prior wave behavior.

Setup Parameters

  • Indicator Number: Assign unique IDs (0-9, a-z) to use multiple instances on a single chart.

  • Show Orders: Toggle display of your open orders.

  • Difference: Minimum point movement required to reverse the current wave.

  • AutoDifference: Automatically adjusts the wave difference for more accurate waves.

  • AutoSensitivity: Higher values increase sensitivity, creating more waves.

  • Weighted Volume: Adjusts volume based on session overlap, highlighting significant volumes (e.g., London-US sessions).

  • Net Volume Options:

    • 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

    • 5 = Inverse Progressive Pip Rate

Note: Not recommended for constant tick charts.

Speed Index (SI) & Alerts

  • SI Display Options:

    • 0 = No display

    • 1 = Speed Index only

    • 2 = Volume + Speed Index

    • 3 = Volume + Average Speed Index

    • 4 = Speed Index + Wave Speed (Fast/Slow)

  • Plutus Patterns: Option to show patterns and enable alerts (Popup, Sound, Email, Push).

  • SpeedAlert: Automatic/manual alerts for extreme Speed Index values.

  • Alerts configurable for popup, sound, email, and push notifications.

Wave & Label Formatting

  • Show Labels: Toggle display of volume, pips, and bars per wave.

  • Display Options:

    • 1 = Volume

    • 2 = Pips

    • 3 = Bars

    • 4 = All

    • 5 = Volume + Pips

  • Wave Line: Option to draw the wave line.

  • Label Formatting: Customize label shift, font size, colors (up, down, wave), and wave width.

Volume Alert Parameters

  • Volume Alert Threshold: Set cumulative volume level to trigger alerts.

  • Alerts: Popup, sound, email, push options.

  • Alert Info: Displays pair, timeframe, message (e.g., “High Up Volume”), and timestamp.

Display Formatting

  • Volume and Pip Dividers: Scale numbers for clarity.

  • Speed Index Multiplier: Adjust display scale.

  • Reverse Style: Format for negative down waves.

  • Display Location: Set corner, X/Y offset, font, and font size for indicator info.

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