Weis Wave for MT4
This indicator is an analog Weis Wave from a recognized expert David Weiss. This is a modern adaptation of the method of Wyckoff, incorporates 30 years of experience in different markets. The object of the indicator is to calculate the cumulative amount of previous and current waves.
- Responds to changes in the behavior of prices in the current wave. The indicator may begin to form a new wave of unconfirmed.
- It works on all the possible time period.
- To calculate the available four types of different prices.
- Flexible adjustment calculation data visualization.
- price type – price type (close, median, typical, weighted)
- Wave size – to calculate the wave size indicator.
- Volume rounding – rounding volumes. It used to reduce the amounts of force waves and convenience of their perception.
[Mapping volume and wave]
- Show volume labels – display / not display the numerical values of wave forces on the price chart.
- Show volume waves – display / not display the wave line on the price chart.
- Show current label – Enable / disable output power of the current wave on the price chart.
- Current label color – font color strength of the current wave ..
- Up label color – font color of the rising power of waves.
- Down label color – font color force descending waves.
[Line styles and font]
- font type – the font of numeric values on the chart wave forces.
- font size – font size of the numeric values on the chart wave forces.
- Wave width – the width of the wave lines on the chart.
- Wave type – the type of wave lines on the chart.
- Determined wave color – the color of certain lines of waves on the chart.
- Undetermined wave color – the color timing uncertainty of the current wave.
[Styles more information]
- Show info – display / not displayed on the price chart in the main display settings.
- Info location – position of the additional information block on the chart.
- font type – the font to display indicator on the chart settings.
- font size – font size for display on the chart settings.
- font color – text color for the entire unit more information.
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