This is a weis wave volume indicator for the ctrader trading platform. Weis waves is one of a number of indicators of the trading and analytical atas platform.
It works in all time periods and can be applied to all asset types. For assets that do not support volume weis propose in his book to use the true range instead, so if you want to use this indicator for this indicator is based on the weis wave described by david h.
Signals from the weis wave 3c mt4 forex indicator are easy to interpret and goes as follows buy signal open a buy trade when the first green weis wave 3c histogram bar appears below the main activity chart. Place a stop loss below the previous weis wave 3c low support. Sell signal open a sell trade when the first red weis wave 3c histogram bar appears below the main activity chart.
The weis wave plugin stands head and shoulders above anything currently available to the trading community. I have been trading for 25 years and have used the weis wave for the past three. With its unique wave volume, the weis wave helps traders recognize turning points.
one of the best tools for analyzing volume, weis wave was idelized by david weis, to facilitate the reading of directional flow. For the vsa method disciples it is an evolution of the practices created by richard wycoff, facilitating a predictive reading of the market, always seeking an accumulation and distribution of the negotiated contracts.
the weis wave 3c forex indicator for metatrader 4 is a very useful and beginner-friendly tool working in buy and sell waves while connecting the high and low waves to each other. Green histogram bars represent a high wave (price is trending up). Red histogram bars represent a low wave (price is trending down).
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? Im happy to pay. Post 2 quote feb 19, 2013 1159am feb 19, 2013 1159am ralome.
- free download of the weis waves indicator by fjarabeck for metatrader 5 in the mql5 code base, 2018.
this entry was posted in mt4 forex indicators, eas, scprits and tagged weis wave, weis wave indicator.
the weis wave is a modern adaptation of the 1930s wyckoff method, another expert in tape. The original author is david weis, an expert in the wyckoff method.
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