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Weiswave

ShareScope Weiss Wave approximation v1ShareScope Weis Wave Approximation v1 Overview This indicator is an attempt to reproduce the behaviour of the Weis Wave implementation available in ShareScope using TradingView Pine Script. The objective is not to recreate every interpretation of David H. Weis's work, but rather to approximate the wave-construction and cumulative volume behaviour observed in ShareScope's Volume Weis Wave indicator. Methodology The indicator organises market volume into directional price waves using a per
Indicator
by paulgill28
Weis Wave Max█ Overview Weis Wave Max is the result of my weis wave study. David Weis said, "Trading with the Weis Wave involves changes in behavior associated with springs, upthrusts, tests of breakouts/breakdowns, and effort vs reward. The most common setup is the low-volume pullback after a bullish/bearish change in behavior." THE STOCK MARKET UPDATE (February 24, 2013) I inspired from his sentences and made this script. Its Main feature is to identify the largest wave in Weis wave and advantageous t
Indicator
by akutsusho
25
Weis Wave Volume - Simple labels and comparisonThis script is designed to identify and display the Weis Wave Volume on a chart. The Weis Wave Volume is a volume-based indicator that helps traders analyze market waves, identify trend reversals, and assess the strength of a trend. The script calculates wave volume based on user-defined input parameters, detects price waves, and displays the results as labels on the chart. This version in particular is based on ideas from @the_MarketWhisperer and some other pieces of the script from @LucF. Th
Indicator
by BollingerBoss
2
Numbers RenkoRenko with Volume and Time in the box was developed by David Weis (Authority on Wyckoff method) and his student. I like this style (I don't know what it is officially called) because it brings out the potential of Wyckoff method and Renko, and looks beautiful. I can't find this style Indicator anywhere, so I made something like it, then I named "Numbers Renko" (数字 練行足 in Japanese). Caution : This indicator only works exactly in Renko Chart. ////////// Numbers Renko General Settings /////////
Indicator
by akutsusho
62
Hull Volume WavesInspired by the works of David Weis, this indicator is an alternative to his classic Weis Volume Waves. As the name implies, this indicator uses a Hull Moving Average to detect price swings, and calculates the cumulative volume for each of them, separating the up swings from the down swings. The chosen length of the HMA determines the size of each swing, meaning lower lengths will detect microswings while higher lengths will only include the main swings. The length of each swing also dete
Indicator
by FractalTrade_
6
Weis Wave Volume NumbersWhat is it? This is an indicator to complement @modhelius' Weis Wave Volume Indicator. Original code has been modified to display wave volume (cumulative) numbers above or below the latest candle of the corresponding wave on the main pane. Since we are concerned only with relative volume, VOLUME NUMBERS HAVE BEEN SCALED DOWN. (If you need actual volume numbers, uncheck "Scale Down Volume" option in Settings). Rising wave volume is denoted in green. Falling wave volume is denoted in red. Devel
Indicator
by the_MarketWhisperer
28
Trend Volume Accumulations [LuxAlgo]Deeply inspired by the Weiss wave indicator, the following indicator aims to return the accumulations of rising and declining volume of a specific trend. Positive waves are constructed using rising volume while negative waves are using declining volume. The trend is determined by the sign of the rise of a rolling linear regression. Settings Length : Period of the indicator. Src : Source of the indicator. Linearity : Allows the output of the indicator to look more linear. M
Indicator
by LuxAlgo
38
WWV_LB pivotfix histogram jayy This is a modification of LazyBear's WWV_LB which plots cumulative volume of waves.  The reversal points are defined through relative closing prices. I made adjustments to the script to show waves turning on actual/true low or high pivots as opposed to the bar/candle identified in the LazyBear script. What I mean by that is that the actual/true low or high pivots are in fact the true WWV_LB pivots. The original WWV_LB script calculates cumulative volume from reversal confirmation bar  to revers
Indicator
by jayy
17
WWV_LB zigzag pivot fix jayyThis 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 the true script pivot point.  Confirmation of a wave reversal can, at times, lag the true pivot by a few bars especially as trendDetec
Indicator
by jayy
6
Weis Wave No Security MTFearly 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 different combination this is just for folks to see how to implent it you can play with timer in code sometime it change the out come in f
Indicator
by RafaelZioni
5
Volume Multi Time FrameHi 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 HTF candles. Higher time frame is set automatically, you can set it manually by choosing "User-defined" in the indicator options and c
Indicator
by LonesomeTheBlue
18
Weis pip zigzag jayyWhat 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 duration of a Weis wave.  The Weis pip zigzag wave is used in combination with the Weis cumulative volume wave.  The two waves must be set to
Indicator
by jayy
22
Weis Pip Wave jayyWhat 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 enter the desired wave size in the box "Select Weis Wave Size".  In the example shown, it is set to 5 points.  Each wave for each sec
Indicator
by jayy
31
Renko Weis Wave VolumeThis 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 several advantages, some of them are filtering insignificant price movements and noise, focusing on important price movements and making s
Indicator
by LonesomeTheBlue
16
Point and Figure (PnF) Weis Wave VolumeThis 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 time chart. P&F chart provide several advantages, some of them are filtering insignificant price movements and noise, focusing on i
Indicator
by LonesomeTheBlue
7
Weiss Wave Open Interest BarsFirstly : 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 refers to the number of contracts traded in a given period, while open interest denotes the number of active contracts. Volume Trading
Indicator
by Noldo
18
Ord Volume [LucF]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 averages, which is different than an EMA on raw volume. You can show (default) the last wave’s ending average over the current wave, to
Indicator
by LucF
7