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Looking for Weis Wave indicator MT4

  • #21
  • Oct 30, 2014 12:53pm Oct 30, 2014 12:53pm
Quoting amolago
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.

Thanks.
  • #22
  • Nov 5, 2014 3:40am Nov 5, 2014 3:40am
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.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 60 KB
Attached File(s)
File Type: mq4 WeisWave3.mq4   9 KB | 3,877 downloads
  • #23
  • Jan 2, 2015 5:12am Jan 2, 2015 5:12am
Are these indicators repainters. Thank you for any reply.
  • #24
  • Jan 2, 2015 6:26am Jan 2, 2015 6:26am
in principle yes, because it is not possible to know the absolute top/bottom at the time it occurs, but if you set the difference to 1 pip or so, they will not repaint.
in any case, this indicator allows you to play with different swings and see how much power is in them to deduce what is likely to happen next. sometimes you can get large movements not accompanied with a large volume, which i would interpret as indication of manipulation by large banks not acting through my broker. in this case, i have noticed that the price was being driven up to satisfy a large sell order, or down for a buy order. the price then usually goes to equlibrium afterwards. i have seen this happen particularly in gold.
k
  • #25
  • Edited Jan 3, 2015 2:53am Jan 2, 2015 1:51pm | Edited Jan 3, 2015 2:53am
kprsa,

Thank you for the reply. I understand now. Happy New Year.
  • #26
  • Jan 2, 2015 7:01pm Jan 2, 2015 7:01pm
Thanks amolago for your kind work.

I'm having a little difficulty keeping s/r and trend lines on my charts once the indicator is in place. As I switch timeframes they all disappear? I have troubleshooted by removing other indicators and unfortunately it's definitely the weis wave indicator that's causing the problem.

According to others it could be something to do with an 'objectsdeleteall' however I can't be sure as I'm not a coder!

Appreciate any help you can offer!
  • #27
  • Jan 3, 2015 6:39am Jan 3, 2015 6:39am
Quoting olambeth
Thanks amolago for your kind work. I'm having a little difficulty keeping s/r and trend lines on my charts once the indicator is in place. As I switch timeframes they all disappear? I have troubleshooted by removing other indicators and unfortunately it's definitely the weis wave indicator that's causing the problem. According to others it could be something to do with an 'objectsdeleteall' however I can't be sure as I'm not a coder! Appreciate any help you can offer!
Hi ,I am also having the same problem.
  • #28
  • Feb 3, 2015 12:18am Feb 3, 2015 12:18am
Hi all,

Been a hectic Christmas and New year, finally got time to sit down and take a look.

OK, so in order to repaint the wave when switching timeframes, the code deletes everything, as you've noticed. So what I've done is simply add a random string to the start of the object names used by the indicator. Then when the wave needs to be deleted/redrawn, it checks that the object is something it should be deleting.

Enjoy
Attached File(s)
File Type: mq4 WeisWave3.mq4   9 KB | 2,163 downloads
  • #29
  • Feb 3, 2015 11:30am Feb 3, 2015 11:30am
Hi Amolago

Welcome back and thanks for the modification you've made to the indicator.
May I ask a favor please, well two really?
Would you be able to add in the ability to change the color of the red wave line and as well the ability to switch off the volume labels?
I don't know about anyone else, but I find that I don't really need them and a little distracting. No matter if you can't. Just thought I'd ask.
If I knew how to code I would do it myself.

Kind regards

Graham
  • #30
  • Feb 3, 2015 12:44pm Feb 3, 2015 12:44pm
Hi Graham,

No problem, another updated version attached.

Amo
Attached File(s)
File Type: mq4 WeisWave3.mq4   9 KB | 3,891 downloads
  • #31
  • Edited 1:14pm Feb 3, 2015 1:02pm | Edited 1:14pm
I've watched David Weis' video, but I still don't understand how to trade off of the weis wave.
  • #32
  • Feb 3, 2015 1:41pm Feb 3, 2015 1:41pm
His book "Trades about to happen" is quite exhaustive with examples. You might want to read some Wyckoff's work first.
k
  • #33
  • Feb 3, 2015 1:47pm Feb 3, 2015 1:47pm
Thanks, i'll take a look at his book.
  • #34
  • Feb 3, 2015 3:24pm Feb 3, 2015 3:24pm
Quoting amolago
Hi Graham, No problem, another updated version attached. Amo {file}
This is great. Thanks so much. I appreciate it.

Best regards

Graham
  • #35
  • Feb 3, 2015 8:05pm Feb 3, 2015 8:05pm
This could be a pc problem.

I downloaded the indicator on my windwos 7 pc, no problems.

When I download the indicator on my windows 8 pc, it's not listed in the MT4 software? Has this happened to anyone?
  • #36
  • Apr 12, 2015 6:05am Apr 12, 2015 6:05am
Quoting amolago
Hi Graham, No problem, another updated version attached. Amo {file}
Hi Amolago,
thanks for your great work!
Would you be able to add the ability to switch off the volume histogram? David Weis often uses just wave lines and volume labels. Would be highly appreciated if you could modify this already great indy.
Greats and regards
sk
  • #37
  • Apr 24, 2015 1:25am Apr 24, 2015 1:25am
does it repaint ????
  • #38
  • Apr 24, 2015 8:31am Apr 24, 2015 8:31am
Hi Amolago

Thank you very much for sharing your improved version. Much appreciated.

There are some lines being drawn from previous high. See attached chart. Can those additional trend lines be removed?

I also attached my setting if it helps.

Thanks again.

Attached Image
Attached Image
  • #39
  • Apr 24, 2015 3:16pm Apr 24, 2015 3:16pm
Quoting imran.78p
does it repaint ????
Hi imran,
yes, itīs repaiting. See post of kprsa from 02/01/2015.
  • #40
  • May 15, 2015 8:53am May 15, 2015 8:53am
Does anyone test which difference parameter is the best for particular currency pairs ? I wonder how to get through this problem, mayby daily ATR walue could help? Any suggestions ?
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