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.
