This is a zigzag version of LazyBear's WWV_LB. In order to plot the WWV_LB as a zigzag, it made sense to me to set the zigzag pivot at the true WWV_LB low or high pivot bars as opposed to the "pivot" bars plotted by the original WWV_LB script. The pivot point identified in the WWV_LB script is actually the point at which a wave reversal is confirmed as opposed to...
early i put example for source MTF with no security
you can find it here with all detail about it
this is just example that i try to use this code for weis volume invented by Lazy bear
you can play with different option of this MTF model
I use the TF1 of TF3 to increase time by minute
and i keep the other res as the same as the candle time
ytou can try...
Hi All,
This script shows total volume info of Higher Time Frame. it checks open/close prices of higher time frame and sets the color. it also show a dynamic line on last volume , so you can see when HTF candle started and ended. by looking at the color of volume columns you can see HTF candle is green or red. it's something like weis wave volume that is using...
This script follows the Zig Zag pattern of price movement, based on the Weis Wave Volume indicator.
The Weis Wave Volume shows the cumulative volume from the lowest point of the price swing to the highest point (or vice versa)
The user has the option to change the Trend Detection Length of the indicator to adjust the swings frequency (from say 5 to any value...
What you see here is the Weis pip zigzag wave plotted directly on the price chart. This script is the companion to the Weis pip wave ( ) which is plotted in the lower panel of the displayed chart and can be used as an alternate way of plotting the same results. The Weis pip zigzag wave shows how far in terms of price a Weis wave has traveled through the...
What you see here is the Weis pip wave. The Weis pip wave shows how far in price a Weis wave has traveled through the duration of a Weis wave. The Weis pip wave is used in combination with the Weis cumulative volume wave. The two waves must be set to the same "wave size" and using the same method as described by Weis.
Using the traditional Weis method simply...
This is live and non-repainting Renko Weis Wave Volume tool. The tool has it’s own engine and not using integrated function of Trading View.
Renko charts ignore time and focus solely on price changes that meet a minimum requirement. Time is not a factor on Renko chart but as you can see with this script Renko RSI created on time chart.
Renko chart provide...
This is live and non-repainting Point and Figure Chart Weis Wave Volume tool. The script has it’s own P&F engine and not using integrated function of Trading View.
Point and Figure method is over 150 years old. It consist of columns that represent filtered price movements. Time is not a factor on P&F chart but as you can see with this script P&F chart created on...
Backtester indicator for Mosasaur ◬ | Comprehensive & Profitable Trading Setup Builder available for free here.
Scroll all the way down in the setting menu to adjust the backtesting strategy.
Current features:
Find out the backtesting results for your customized strategy.
Set alerts for strong buy, buy, strong sell and sell signals.
Option for waiting...
This is an update of my Weis Wave script. The script is protected however you do not need permission to use the script. There are additions to this script from the one posted here: Please read the notes associated with that script as well as the videos.
Watch the following video to familiarize yourself with the use of both Weis scripts:
Jayy
Weis Wave study price and volume relationship to generate waves chart(positive wave-uptrend, negative wave-downtrend) that aims to identify reversals and pullbacks. On top of that, bars are color-coded with Awesome Oscillator for confirmation. Green positive bars may indicate long opportunity and negative red bars may indicate short opportunities.
For some reason...
Firstly :
LazyBear ' s "Weiss Wave " codes are used for open interests.
Original Weiss Wave Volume :
Let's start :
Open Interest vs. Volume: An Overview
Volume and open interest are two key measurements that describe the liquidity and activity of contracts In the options and futures markets. However, their meanings and applications are different. Volume...
A volume bulls vs bears power indicator that is based entirely on Wyckoff Weis Wave Volume trends. This indicator is part of my DIVINE series RENKO indicators that run on an engine capable of extracting Renko brick information from a time series. As with the Renko RSI and Renko Trend Momentum indicators, swapping between Renko and time series type...
Tim Ord came up with the Ord Volume concept. The idea is similar to Weis Wave , except that where Weis Wave keeps a cumulative tab of each wave’s successive volume columns, Ord Volume tracks the wave's average volume .
Features
You can choose to distinguish the area’s colors when the average is rising/falling (default).
You can show an EMA of the wave...
This is the same as but for dark backgrounds. Unfortunately, adding color choices for the numbers puts the script over the Tradingview 64 plot limit. Please read the notes for updates at the linked script above.
Also, check out Be sure to watch the videos at both sites to understand how to use the scripts.
I have had a few requests to publish the script I used here: in May 2015. I have been reluctant because it was a very cumbersome script. However, for those few people who actually want to play with this script here it is. I have cleaned it up to make the script more usable. Read my notes associated with "Weis Wave Jayy" for more details on the use of the Weis...
![EURUSD: [HWVZ] Hiubris WeisVolume ZigZag](https://s3.tradingview.com/n/NJUsrfoA_mid.png "[HWVZ] Hiubris WeisVolume ZigZag")
![BTCUSD: 2 Weis Wave Volume [xdecow]](https://s3.tradingview.com/c/cQsNBRBw_mid.png "2 Weis Wave Volume [xdecow]")
![BTCUSD: Ord Volume [LucF]](https://s3.tradingview.com/l/lhda3xOg_mid.png "Ord Volume [LucF]")
