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Looking for Weis Wave indicator MT4

  • #141
  • Feb 7, 2020 4:06am Feb 7, 2020 4:06am
I'm using this Commercial Indicator to have a rapid view about: tick, cumulative volume & mean volume for each leg
Attached Image (click to enlarge)
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  • #142
  • Feb 7, 2020 6:44am Feb 7, 2020 6:44am
What commercial indicator is it ?
  • #143
  • Feb 7, 2020 6:55am Feb 7, 2020 6:55am
Quoting K-Dog
What commercial indicator is it ?
Swing Metrics, i found it on an Italian Trading Forum
  • #144
  • May 20, 2020 6:35pm May 20, 2020 6:35pm
Quoting Mingary
I use it in addition to some sort of swing volume (average volume per swing). {image}
Mingary,
Would you share the indicator? It will help for study, how strong the swing and when it become distribution before take another swing.

Thank you
Ade
  • #145
  • Jul 18, 2020 9:02pm Jul 18, 2020 9:02pm
Weis Wave Volume indicator
based on the version on TradingView
https://www.tradingview.com/script/Q...s-Wave-Volume/

released date: July 2020
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 56 KB
Attached File(s)
File Type: mq4 Weis Wave Volume.mq4   13 KB | 2,308 downloads
  • #146
  • Jul 19, 2020 1:54am Jul 19, 2020 1:54am
Thank you Banzai for the Weiss Wave Indicator in last post. How does one interpret this indicator?

Mike
  • #147
  • Edited 4:33am Jul 19, 2020 2:19am | Edited 4:33am
Quoting blott
Thank you Banzai for the Weiss Wave Indicator in last post. How does one interpret this indicator? Mike
Not an expert. But just my 2 sents. You hv to use normal volume indicator as well to see other signals. For me weis wave is not complete, (just my point,others can disagree). should learn to interprets the selling climax as other VSA or wykoff stuff as well.


Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 50 KB


rgds
Focus, Patience, Discipline, Determination and Perseverance
  • #148
  • Jul 19, 2020 4:47am Jul 19, 2020 4:47am
Quoting BanzaiFx
Weis Wave Volume indicator based on the version on TradingView https://www.tradingview.com/script/Q...s-Wave-Volume/ released date: July 2020 {file} {image}
Thank you BanzaiFx, let's try at next trade
  • #149
  • Jul 25, 2020 12:26am Jul 25, 2020 12:26am
Quoting BanzaiFx
Weis Wave Volume indicator based on the version on TradingView https://www.tradingview.com/script/Q...s-Wave-Volume/ released date: July 2020 {file} {image}
his Hi / Lo does not match the price, he is not accurate
  • #150
  • Jul 28, 2020 6:03am Jul 28, 2020 6:03am
this indicator is more accurate. It also shows an average volume, like Tim Ord, Effort, levels.
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Click to Enlarge Name: Screenshot2.png Size: 214 KB
Attached File(s)
File Type: ex4 Weis Wave.ex4   97 KB | 2,113 downloads
  • #151
  • Edited 1:18am Jul 29, 2020 12:23am | Edited 1:18am
Quoting BanzaiFx
Weis Wave Volume indicator based on the version on TradingView https://www.tradingview.com/script/Q...s-Wave-Volume/ released date: July 2020 {file} {image}
Morning,
Thanks for sharing !
Is-it possible to have an alarm (and notification) when color changing, please ?
Thanks
jean-françois
Attached Image
  • #152
  • Aug 26, 2020 7:03am Aug 26, 2020 7:03am
Quoting fokus-pokus
this indicator is more accurate. It also shows an average volume, like Tim Ord, Effort, levels. {file} {image}
Does anyone have this indicator coded for Metatrader 5?? Would really appreciate it if anyone could share.

Thanks!
  • #153
  • Oct 3, 2020 2:55am Oct 3, 2020 2:55am
Quoting fokus-pokus
this indicator is more accurate. It also shows an average volume, like Tim Ord, Effort, levels. {file} {image}
Doesn't seem to work for me on MT4
  • #154
  • Oct 21, 2020 9:35am Oct 21, 2020 9:35am
Quoting amolago
OK, thanks to JoeMcCool's feedback, I've made decent enhancements to this, picking the turn of the wave far better. Screenshot using Joe's chart (EURUSD, M1, late on 27th October), with the new indicator. {image} {file}
the biggest issue in this is, it is repainted. yes, i was watching a chart and noticing colour of this indicator bars, i just changed timeframe and then change back to the previous TF, i saw last 6 bars was changed in colour. is it possible to make the same indicator but without repainting... plz.
  • #155
  • Oct 24, 2020 4:22am Oct 24, 2020 4:22am
Someone knows a good book about Weis Theory? Tnx
  • #156
  • Oct 25, 2020 12:30pm Oct 25, 2020 12:30pm
I have a little doubt: on Forex & MT4 volume are not exactly "true volumes", this can reduce validity of this technique?
  • #157
  • Nov 11, 2020 1:40am Nov 11, 2020 1:40am
Quoting fokus-pokus
this indicator is more accurate. It also shows an average volume, like Tim Ord, Effort, levels. {file} {image}
Hi mate thanks for the share.
Can you share mq4 file as exe file not showing in my chart.

BOB122
PEACE
  • #158
  • Nov 14, 2020 10:57am Nov 14, 2020 10:57am
Quoting fokus-pokus
this indicator is more accurate. It also shows an average volume, like Tim Ord, Effort, levels. {file} {image}
Hi mate when I try to apply to the chart the indicator is working in the strategy tester not on the real-time chart.

Kindly help me in this regard.

Anticipating a positive response from all members

BOB122
PEACE
  • #159
  • Nov 14, 2020 1:22pm Nov 14, 2020 1:22pm
Quoting BOB122
{quote} Hi mate when I try to apply to the chart the indicator is working in the strategy tester not on the real-time chart. Kindly help me in this regard. Anticipating a positive response from all members BOB122 PEACE
Probably it's a demo version
  • #160
  • Edited 1:58pm May 13, 2021 1:45pm | Edited 1:58pm
Quoting takisd31
Update: 1. Displaying info for wave: pips-tick volume(in 000s)-effort "effort = tick volume/pips" 2. Displaying on forming wave pips-tick volume(in 000s) 3. Fixed issue with wave lines drawn all the way to the beginning of the chart Some times the indi might need refresh when direction of the wave is final some labels might not be valid. Enjoy! {file}
Thanks a lot for the WeisWave3TD indicator takisd. Have checked it out and it seems like it is breaking the waves as good as it can get. Really appreciate it. Second: Also thank you very much to all the others for their efforts with the indicators posted in this thread.

Then to anyone in the forum: It would have been nice to have the option to set drawing of wave lines in the chart to "False". I know I can set the wave color to "none", but when drawing the chart tools it happens that the invisible wave lines gets activated instead of the drawing tools I would like to edit. So I'm asking if someone would be willing to make this an option. If not, I'm not too picky about it so a good alternative would be if someone could just tell me which lines in the code that has to be disabled.

Thanks,
Laurus
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