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Looking for Weis Wave indicator MT4

  • #1
  • First Post: Feb 19, 2013 4:08am Feb 19, 2013 4:08am
Hi,

I'm interested in getting a Weis Wave indicator for MT4. Does anyone know if this is possible?
From what I can tell on the web, there seems to be a lot of interest for an indicator like this.
Is there anyone who would be willing to code this? I'm happy to pay
  • #2
  • Feb 19, 2013 10:59am Feb 19, 2013 10:59am
Hi,

Try this one I just made (based on http://weisonwyckoff.com/weis-wave/) Dif sets the minimum movement needed for a reversal candle (in pips). In colors, the first (white) is upwave, second (black) is downwave, the rest are undisplayed buffers.

Greets,
Ralome
Attached File(s)
File Type: mq4 WeisWave.mq4   2 KB | 15,605 downloads
Even if you fall on your face, you're still moving forward.
  • #3
  • Feb 19, 2013 4:09pm Feb 19, 2013 4:09pm
I use it in addition to some sort of swing volume (average volume per swing).

Attached Image (click to enlarge)
Click to Enlarge Name: Weiss.gif Size: 39 KB
  • #4
  • Feb 19, 2013 9:20pm Feb 19, 2013 9:20pm
Hi Ralome,

Thanks so much for sharing this indicator.

Much Appreciated. I'll have a look at it
  • #5
  • Feb 19, 2013 9:22pm Feb 19, 2013 9:22pm
Hi Mingary,

Thanks for your reply. Can you please explain a little bit more how your Swing Volume indicator differs from the Weis Wave? My understanding was that the Weis Wave was measuring the volume of each swing.

Look forward to hearing from you and hope you can help me understand.

thanks,
Gembug
  • #6
  • Feb 20, 2013 1:41am Feb 20, 2013 1:41am
The swing volume that I am referring to actually has nothing to do with the weis wave.


==> Ord Volume

Attached File(s)
File Type: pdf PriceVolume.pdf   317 KB | 9,890 downloads


Looks good on paper, can't be traded.
  • #7
  • Feb 20, 2013 4:39am Feb 20, 2013 4:39am
Mingary,

Thanks for the info. I'll take a look later today.
  • #8
  • May 19, 2013 2:50pm May 19, 2013 2:50pm
Hi Ralome,
Thanks for your indi, but it has to be refreshed every now and then as the bars disappear. Anything to be done about this please? I was testing it on strategy tester.

Thanks,


Mike
  • #9
  • Jun 30, 2013 11:48am Jun 30, 2013 11:48am
Hi Ralome,

Great work and appreciate you sharing the indicator. If you can also plot the cumulative vol of the swings on the chart, it would be fantastic, thank you.

Regards
Vincent
  • #10
  • Sep 17, 2013 9:18am Sep 17, 2013 9:18am
I was recently reminded about this indy, so I took a look into it. The disappearing bar problem should be gone.

Vseow, the last bar of each bunch with the same color is the cumulative volume of the whole swing.
Attached File(s)
File Type: mq4 WeisWave2.mq4   2 KB | 10,601 downloads
Even if you fall on your face, you're still moving forward.
  • #11
  • Sep 29, 2013 6:05am Sep 29, 2013 6:05am
Thanks Ralome, much appreciated. It's a wonderful indicator. Is there any way of painting the cumulative volume numbers at the swing high/low of the candles? It will be great if it can be done. Anyway, once again, thank you.

Regards,
Vincent
  • #12
  • Sep 30, 2013 12:11pm Sep 30, 2013 12:11pm
Quoting vseow
Thanks Ralome, much appreciated. It's a wonderful indicator. Is there any way of painting the cumulative volume numbers at the swing high/low of the candles? It will be great if it can be done. Anyway, once again, thank you. Regards, Vincent
Thanks for the mod Ralome.

Mike
  • #13
  • Dec 24, 2013 12:44am Dec 24, 2013 12:44am
Can you share the Elliott Wave indicator? please
  • #14
  • Dec 24, 2013 12:50am Dec 24, 2013 12:50am
The indicator is 3 posts above your post, so why the question?
or try search for elliot wave indicators (google)
PM me with coding requests and I'll probably put you on my ignore list
  • #15
  • Oct 20, 2014 7:48am Oct 20, 2014 7:48am
Hi,

I realise this thread is almost a year old, but I thought I'd upload an updated version of this I worked on over the weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 58 KB
Attached File(s)
File Type: mq4 WeisWave3.mq4   9 KB | 9,762 downloads
  • #16
  • Oct 27, 2014 4:24pm Oct 27, 2014 4:24pm
Hello,
could someone explain the code? Or have a source for Weis Waves? I had an Up Wave which went lower than the down wave, strange picture resulting in wrong volume. why is that? thanks for every help.

cu
Joe
  • #17
  • Oct 28, 2014 2:59pm Oct 28, 2014 2:59pm
Quoting amolago
Hi, I realise this thread is almost a year old, but I thought I'd upload an updated version of this I worked on over the weekend. {file} {image}

Hi,
thank you. Could you please tell what do "labelshift" and "difference" variables mean in this indicator?
  • #18
  • Oct 29, 2014 5:45am Oct 29, 2014 5:45am
difference is the required number of 1/10th pips to turn the wave, essentially what "Dif" did in v1 and v2, i.e. 30 = 3pips. It's written so that it will work identically on the JPY pairs too (and any others that might only use 3 decimal places).

labelshift is the distance (again in 1/10th pips) from the wave line at which volume labels are placed. You can't really use a one-setting-for-all-timeframes, so I added this parameter.
  • #19
  • Oct 29, 2014 5:46am Oct 29, 2014 5:46am
Quoting JoeMcCool
Hello, could someone explain the code? Or have a source for Weis Waves? I had an Up Wave which went lower than the down wave, strange picture resulting in wrong volume. why is that? thanks for every help. cu Joe
Where about? Pair? Timeframe? Settings for the indicator? I could have a look and see if I can find the problem.
  • #20
  • Oct 29, 2014 8:53am Oct 29, 2014 8:53am
it's on October 27, 7 pm, EURUSD M1, Difference 20.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1WW.png Size: 68 KB
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