Description
INTRODUCING WEIS WAVE WITH ALERT
Weis Wave With Alert, based on Richard D. Wyckoff’s theory, is a versatile tool for market analysis compatible with various timeframes, range bar charts, and tick bar charts. It predicts market movements by analyzing waves and provides alerts based on specific criteria. When combined with indicators like the Heiken Ashi candlestick, it can identify trends effectively. Volume Alert Parameters include customizable settings for volume triggers and alert types.
Vendor website: https://www.mql5.com/en/market/product/29677
Original Price: $599
Key Takeaways
- The Weis Wave With Alert is a trading indicator grounded in Richard D. Wyckoff’s theory, applicable to various markets and timeframes.
- It identifies price waves and their reversals, providing automatic wave detection and five different wave types, including a powerful speed index.
- The indicator aims to predict market direction by analyzing previous price waves.
- Adjustments are made based on volume and pip thresholds to enhance its effectiveness in forecasting market movements.
WEIS WAVE WITH ALERT Features
- Platform Compatibility: Works on MetaTrader 4.
- Currency Pairs and Timeframes: Compatible with various pairs and time frames.
- Volume Alert: Alerts for exceeding set volume limits.
- Alert Options: Offers popup, sound, email, and push notifications.
- Display Settings: Allows adjustment of volume and pip dividers.
- Parameter Customization: Customize parameter display location and style.
WEIS WAVE WITH ALERT Review
