Looking for Weis Wave indicator MT4

anyone can please add alert for red to green and green to red bar

Not Working Dude

this is the best and last version of weis wave statistics 1.5 for mt4

Hi brothers
Where ican i find this indicator

Thank you for updated version

Trading view has ATR based weis wave and it dont repaint, Sorry I dont have mq4 for this, If any body can convert trading view indicator into mq4 will be great helpful

//
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// LonesomeTheBlue
//
//@version=4
study("Renko Weis Wave Volume", overlay=false, max_bars_back=5000)
mode =input(title = "[SETUP] Method", defval = 'ATR', options=['Traditional', 'ATR'])
modevalue = input(title ="[SETUP] Atr Period (ATR)", defval = 2, minval = 1)
boxsize = input(title ="[SETUP] Brick Size (Traditional)", defval = 9.0, minval = 0.000000000000001)
source =input(defval = "hl", title = "[SETUP] Source", options=['close', 'hl'])
//calc atr val
conv_atr(valu)=>
a = 0
num = syminfo.mintick
s = valu
if na(s)
s := syminfo.mintick
if num < 1
for i = 1 to 20
num := num * 10
if num > 1
break
a := a +1
for x = 1 to a
s := s * 10
s := round(s)
for x = 1 to a
s := s / 10
s := s < syminfo.mintick ? syminfo.mintick : s
s
//ATR box size calculation
atrboxsize = conv_atr(atr(modevalue))

float box = na
box := na(box[1]) ? mode == 'ATR' ? atrboxsize : boxsize : box[1]
reversal = 2
top = 0.0, bottom = 0.0
trend = 0
trend := barstate.isfirst ? 0 : nz(trend[1])
currentprice = 0.0
currentprice := source == 'close' ? close : trend == 1 ? high : low
float beginprice = na
beginprice := barstate.isfirst ? floor(open / box) * box : nz(beginprice[1])
iopenprice = 0.0
icloseprice = 0.0
if trend == 0 and box * reversal <= abs(beginprice - currentprice)
if beginprice > currentprice
numcell = floor(abs(beginprice - currentprice) / box)
iopenprice := beginprice
icloseprice := beginprice - numcell * box
trend := -1
if beginprice < currentprice
numcell = floor(abs(beginprice - currentprice) / box)
iopenprice := beginprice
icloseprice := beginprice + numcell * box
trend := 1
if trend == -1
nok = true
if beginprice > currentprice and box <= abs(beginprice - currentprice)
numcell = floor(abs(beginprice - currentprice) / box)
icloseprice := beginprice - numcell * box
trend := -1
beginprice := icloseprice
nok := false
else
iopenprice := iopenprice == 0 ? nz(iopenprice[1]) : iopenprice
icloseprice := icloseprice == 0 ? nz(icloseprice[1]) : icloseprice

tempcurrentprice = source == 'close' ? close : high
if beginprice < tempcurrentprice and box * reversal <= abs(beginprice - tempcurrentprice) and nok //new column
numcell = floor(abs(beginprice - tempcurrentprice) / box)
iopenprice := beginprice + box
icloseprice := beginprice + numcell * box
trend := 1
beginprice := icloseprice
else
iopenprice := iopenprice == 0 ? nz(iopenprice[1]) : iopenprice
icloseprice := icloseprice == 0 ? nz(icloseprice[1]) : icloseprice
else
if trend == 1
nok = true
if beginprice < currentprice and box <= abs(beginprice - currentprice)
numcell = floor(abs(beginprice - currentprice) / box)
icloseprice := beginprice + numcell * box
trend := 1
beginprice := icloseprice
nok := false
else
iopenprice := iopenprice == 0 ? nz(iopenprice[1]) : iopenprice
icloseprice := icloseprice == 0 ? nz(icloseprice[1]) : icloseprice

tempcurrentprice = source == 'close' ? close : low
if beginprice > tempcurrentprice and box * reversal <= abs(beginprice - tempcurrentprice) and nok //new column
numcell = floor(abs(beginprice - tempcurrentprice) / box)
iopenprice := beginprice - box
icloseprice := beginprice - numcell * box
trend := -1
beginprice := icloseprice
else
iopenprice := iopenprice == 0 ? nz(iopenprice[1]) : iopenprice
icloseprice := icloseprice == 0 ? nz(icloseprice[1]) : icloseprice
//if icloseprice changed then recalculate box size
box := change(icloseprice) ? mode == 'ATR' ? atrboxsize : boxsize : box
// Renko Weis Wave Volume
usetr = input(defval = true, title="Use True Range (if no Volume info)")
float renkovol = na
vol = usetr and na(volume) ? tr : volume
renkovol := change(trend) ? vol : nz(renkovol[1]) + vol
plot(renkovol, title = "Renko Weis Wave Volume", color = trend == 1 ? color.lime : color.red, style = plot.style_columns)

The 5 means 50 pips (it roundsdown), the 0.2k = volume 200 and the 4.7 is volume/pips = 200/50 = 4.7. Remember it round the volume and pip data and that is why it is not exact. A large number (volume/pips) indicate large effort and a small number indicate less effort. Hope this help and sorry for a very late reply.

hi ramzam,
Can you help me by adding a flag in the settings of the Weis_Wave_Statistics_1.5 indicator, to be able to remove the trend lines from the chart please?

Anyone interested in creating a free online trading group, discussing real-time weis wave setups?

Good day weis wave traders. I thank God i found a community of weis wave traders. I have a little idea we can add to this weis wave indicators, its the tick seperate volume indicator this time we are to cummulate the uptick seperately as long as its a up wave and cummulate the downtick seperately as long as its a down wave. This way we can easily sense when absorption is taking place in support or resistance Zones. Its like the weiss wave is to judge demand and supply while the cummulative tick seperate volume will be used to judge buying and selling close to S/R Zones. To know if selling pressure at the bottom of the weiss wave is drying up and sensing buying pressure building up or even sensing if little buying pressure pushes price up with little effort indicating supply is scarce. I will be posting the tick seperate volume indicator and weis wave statistics indicator 1.5 so that our programmers in the house can help out modify the weis wave statistics 1.5 features into tick seperate volume indicator to have a cummulative tick seperate volume indicator

Here are the indicators to be modified. Thank you in advance

Takisd31 or any coder can help out to modify the 5pip reversal wave- 3TD weiss wave into cummulative tick seperate volume to know the distance in pips, effort and volume of a big up or down wave to compare the effort of buyers and sellers in different volume legs. For example if price pushes up with ease and with good distance and little effort you can sense there is scarcity of offers. But if it pushes up with difficulty and downtick is more or close to uptick. Then Offers is more than Bids

:bump

Am interested Alf Ralf.

Not able to PM for some reason.
Send me an email - { email address deleted by staff }

Does wise wave repaints?

Depends on the code, but it shouldn't do.

I replied to your email.

Good day Alf Ralf, Am yet to get your message in my email.

Checked spam?
If not there, post some more on here, then I can PM you.