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Looking for Weis Wave indicator MT4

  • #121
  • Sep 18, 2019 4:34am Sep 18, 2019 4:34am
Quoting Gauer
Yeah, if it is not in the indicator settings, then the only way to know is: -if you understand code, open it in metaeditor and check it out -ask the guy who coded the indicator directly Or just get another weis wave indi that just show the volume, or at least have the options to show/hide the extra info. Check this one: {file} You can choose to display whatever you want, total volume, the average volume, you can round the volumes, time, bars, etc...
my man, thx, will check it out
  • #122
  • Sep 18, 2019 4:58am Sep 18, 2019 4:58am
okay, its on! I see my setups already by eye, this was supposed to be another toy in the arsenal, thx Gauer. There is a setup forming in gold for quick profit now, check out if its for you! my setting is volume, Bar for the number. See more volume to the down swings. And my Tick and delta volume confirms. So I think breakout to down side.
Attached Image (click to enlarge)
Click to Enlarge Name: gold m5.PNG Size: 59 KB


I guess we will just have to wait for FED policy decision to see the break, actually, its a bigger trading range in M15, I am expecting it could break and give at least one breakout trade before FED, but alas, the great waiting consolidation of all markets continue to wait for the almighty FED.
Attached Image (click to enlarge)
Click to Enlarge Name: gold m15.PNG Size: 56 KB
  • #123
  • Sep 18, 2019 5:20am Sep 18, 2019 5:20am
Quoting danasa
okay, its on! I see my setups already by eye, this was supposed to be another toy in the arsenal, thx Gauer. There is a setup forming in gold for quick profit now, check out if its for you! my setting is volume, Bar for the number. See more volume to the down swings. And my Tick and delta volume confirms. So I think breakout to down side. {image}
You are aware that you are displaying the number of bars of the legs, right? That is not volume.
  • #124
  • Sep 18, 2019 5:23am Sep 18, 2019 5:23am
yes, its volume and bars, example 38 2 bar, is 38 units of volume/tick on 2 bars, the labeling do not put any punctuation between them.
  • #125
  • Sep 18, 2019 5:24am Sep 18, 2019 5:24am
I use to use that tick separate volume indicator, I didn't think it helped me. I think that this one here does a better job, it is a cumulative delta:

Attached File(s)
File Type: mq4 Cumulative_Volume v1.2.mq4   4 KB | 1,846 downloads
  • #126
  • Sep 18, 2019 5:26am Sep 18, 2019 5:26am
Quoting danasa
yes, its volume and bars, example 38 2 bar, is 38 units of volume/tick on 2 bars, the labeling do not put any punctuation between them.
Yeah the only problem with this indicator is MT4 limitation when using labels, it seems it can't stack the labels, and if you turn on more than two display options they all overlap each other and you can't see anything.
  • #127
  • Sep 18, 2019 5:29am Sep 18, 2019 5:29am
I know what you mean, I do not use that cumulative delta thing. I use this one because, the real strength is seeing absorption mostly at or near key levels. Example, High Volume tick volume at parabolic advance high with small spread bar and very low delta volume, means, absorption, strong selling into the buying, a good clue that that is the turning point of that up swing to down swing, even if its a temporary retracement! And around this absorption bar is ideal point to take position. it is complicated, has may variations. I want to see what is happening on one bar per time, not what happened in others boxed together. The hard right is your money....

the great golden coiling, I have been extracting from gold so much, I am looking to make it my day trading market. It respects level a lot compare to most FX pairs.

The Great Golden Coil!
Attached Image (click to enlarge)
Click to Enlarge Name: god.PNG Size: 59 KB


as for a good FF forum on volume, go to DonPato's Hey...what about Volume?; https://www.forexfactory.com/showthread.php?t=723604. DonPato is a great trader to me, even if he acts humble. I have learned a lot from him...you can too!
  • #128
  • Sep 18, 2019 1:44pm Sep 18, 2019 1:44pm
Dear Gauer! And why are waves drawn from hai or loo in your Weis Wave Statistics 1.4.mq4 indicator? Under all VSA laws, waves should be drawn from bar closures!
  • #129
  • Sep 18, 2019 2:06pm Sep 18, 2019 2:06pm
Quoting Teapotatth
Dear Gauer! And why are waves drawn from hai or loo in your Weis Wave Statistics 1.4.mq4 indicator? Under all VSA laws, waves should be drawn from bar closures!
Hi there.

VSA is bar by bar analysis, it is in here that you take in consideration the spread and give emphasis to the close. The weis wave simply accumulates the volume of a move, it is based on reversal size, not the closing price. It uses a zig zag algorithm I think.
  • #130
  • Sep 18, 2019 2:25pm Sep 18, 2019 2:25pm
Quoting Gauer
{quote} Hi there. VSA is bar by bar analysis, it is in here that you take in consideration the spread and give emphasis to the close. The weis wave simply accumulates the volume of a move, it is based on reversal size, not the closing price. It uses a zig zag algorithm I think.
It is clear. So I read Weiss carelessly. I 'll read it again.
  • #131
  • Sep 18, 2019 2:28pm Sep 18, 2019 2:28pm
Quoting Gauer
{quote} Hi there. VSA is bar by bar analysis, it is in here that you take in consideration the spread and give emphasis to the close. The weis wave simply accumulates the volume of a move, it is based on reversal size, not the closing price. It uses a zig zag algorithm I think.
https://weisonwyckoff.com/weis-wave/ This is Weiss 'website. Notice how his original wave is drawn!
  • #132
  • Edited 1:09am Sep 30, 2019 12:32am | Edited 1:09am
[quote = COmar.FX; 11645877] Pił semplice, sincero e utile ... commercia su TF H4 ---> Freccia W1 e D1 Voce di conferma ...> puoi dormire costantemente ,,, lol {file} {file} {file} {file} { file} {file} {image} [/quote]
dovresti inserire un avviso, soprattutto se usare molto tempo. Cosa ne pensi?
  • #133
  • Dec 30, 2019 9:58am Dec 30, 2019 9:58am
I know Iam late to this thread BUT......Is there any way someone could on any of the versions this thread has have the Delta number along with the Total Volume number ? Yes MBox has that and Iam new to Weis Wave concepts but to me that seems like a great read and interpretation to the waves. Could anybody please add that option to the best version that people think is on here ? Thanks !
  • #134
  • Dec 30, 2019 10:01am Dec 30, 2019 10:01am
Or how about........ Total Volume-Bid/Ask-Delta......Anyway that could be added as an option for the numbers above bars ? Thanks !
  • #135
  • Jan 1, 2020 7:55am Jan 1, 2020 7:55am
I'm interested in getting a Weis Wave indicator for MT4
  • #136
  • Jan 2, 2020 6:04am Jan 2, 2020 6:04am
Quoting olymptradebr
I'm interested in getting a Weis Wave indicator for MT4
For me, this one here is the best. You can pair it up with his Wave Volume ZZ:

https://www.mql5.com/pt/market/product/26894#
  • #137
  • Jan 3, 2020 11:39am Jan 3, 2020 11:39am
Quoting Mingary
I use it in addition to some sort of swing volume (average volume per swing). {image}
I would appreciate it if you would explain how you use swing volume for making trading decisions. Thanks.
Learn from your mistakes and march on.
  • #138
  • Jan 4, 2020 2:55am Jan 4, 2020 2:55am
Quoting here2there
{quote} I would appreciate it if you would explain how you use swing volume for making trading decisions. Thanks.
Sorry to disappoint but using swing volume (or volume in any shape or fashion) does not help at all.
  • #139
  • Jan 4, 2020 7:41am Jan 4, 2020 7:41am
Quoting Mingary
{quote} Sorry to disappoint but using swing volume (or volume in any shape or fashion) does not help at all.
I have found that knowing how to read volume is very effective for trading. In fact, the only things that really matter are price and volume. The stuff that either doesn't work or is highly ineffective is overbought and oversold, moving averages, most candlestick patterns (including engulfing), butterflies, bats and other creatures (harmonic patterns), trendlines (because they are highly subjective), Elliott Wave nonsense, and scores of other indicators and so-called price patterns. Most of it is garbage!

But price and volume. That's where it is at!
Learn from your mistakes and march on.
  • #140
  • Jan 10, 2020 10:29am Jan 10, 2020 10:29am
In post #96 by COmar.Fx I would be interested to know the (Difference-setting) for the WeisWave3F for the Template picture ?
Thanks
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