Mql5官网 Weis Wave Indicator 外汇EA

This indicator is based on the Weis wave principle of wave volume. Below are few features of the indicator

• It draws the wave on the chart while the accumulated volume per wave in a different window at the bottom of the chart
• You can configure the turning point move
• It displays the accumulated volume (in thousands, eg for 15000 volume it will show 15) at the end of each wave
• You can also configure to show number of candles in the wave along with the wave volume
• The indicator calculates the distinct volume by historical analysis and colors them differently for you to pick easily

Parameters

• Difference – It is for wave variance. Keep it 0
• LabelShift – Distance from candle where the wave volume is shown. Keep it 20
• waveHistory – Number of Up or Down wave the indicator will analyze to come up with significant volume
• customizePip – It adjusts the pip size for better wave configuration. One setup will automatically fit for all stocks of different values, be it 5 $ or 1000$ stock. Keep it TRUE
• showVolume – It will show volume in thousands at the end of each wave on the chart. Keep it TRUE
• showBarCount – Shows the bar count along with volume. Keep it TRUE if you want that data
• truncateVolume – It will show volume in thousands. For exact volume to display you can set it to FALSE
• showAlert – Alert is for the next version release. Keep it FALSE for the moment
• upNormal – Color to display routine volume with no impact in the change in behavior in UP wave
• upHigh – Color to display any high volume in the wave that could sign the possible change of behavior in UP wave
• upLow –   Color to show very low volume in the wave that could suggest shallow supply or demand in UP wave
• dnNormal – Color to display routine volume with no impact in the change of behavior in DOWN wave
• dnHigh – Color to show very high volume in the wave that could sign the possible change of behavior in DOWN wave
• dnLow – Color to show very low volume in the wave that could suggest shallow supply or demand in DOWN wave
• waveWidth – Width of the wave line on chart. Keep it 2 for better look
• waveColor – Color of the wave line in chart. Chose that best suits your template