Revolutionary Weis Wave Indicator for Comprehensive Market Analysis

Discover the Revolutionary Weis Wave Indicator, designed based on Richard D. Wyckoff’s theory. Suitable for all time periods, range bar, and tick bar charts, this versatile indicator can be applied to any market.

Innovative Features of the Weis Wave Indicator

The Revolutionary Weis Wave Indicator offers several advanced features that elevate market analysis:

• Autowaves feature for dynamic wave tracking and analysis.
• Five distinct wave types for versatile trading strategies.
• Powerful Speed Index for precise market forecasting.
• Advanced wave forecasting based on historical data.

Configuring the Weis Wave Indicator for Optimal Performance

To get the most out of the Revolutionary Weis Wave Indicator, adjust these parameters:

1. Indicator Number: Assign unique identifiers for multiple instances (values “0 to 9” and “a-z”).
2. Show Orders: Control the visibility of orders on the chart.
3. Difference: Define the number of points needed for a wave reversal.
4. AutoDifference: Enable automatic adjustment of the Difference parameter.
5. AutoSensitivity: Adjust sensitivity to influence wave formation.

Speed Index and Alert Features

The Revolutionary Weis Wave Indicator also features Speed Index and alert functionalities that enhance your trading decisions:

• SI (Speed Index) Display: Customize the visibility of Speed Index metrics.
• Show Plutus Patterns: Option to display specific trading patterns.
• Alert on Plutus Patterns: Configure alerts via Popup, Sound, Email, or Push notifications.
• SpeedAlert: Set up alerts for extreme Speed Index values, with both Automatic and Manual options.
• Format Wave and Label Parameters: Customize label display, wave colors, and line widths.
  

Technical Specifications and Customization