The Weis Wave Indicator is a popular and free Forex indicator for the MetaTrader 4 trading platform. It is a useful tool for traders who want to analyze the market and make informed decisions. The indicator is based on the work of legendary trader, Richard D. Weis, and is designed to help traders identify market trends and momentum. The indicator uses the volume and price action to generate a wave-like pattern that shows the direction and strength of a trend. The Weis Wave Indicator is easy to use and can be a great addition to any trading strategy. It is a visual representation of the market, and it can be used to identify potential entry and exit points. The indicator also helps traders to identify support and resistance levels, as well as potential reversals. The indicator can be used to identify opportunities in any time frame, and it can be tailored to suit any trading style.
Weis Wave
The Weis Wave Indicator is a popular and free Forex indicator for the MT4 platform, which is useful for traders who want to analyze market cycles and trends. The indicator is designed to help traders identify the direction of the market, as well as identify potential entry and exit points. It is available for free and can be easily installed on MT4, making it an ideal choice for traders who are looking for an effective and reliable trading tool.
Trading Style | |
---|---|
Indicator Type | |
Timeframe | |
Platform |
0
People watching this product now!
Category: Volume
Downloads - 47
Description
Reviews (0)
Be the first to review “Weis Wave” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
CHT Value Chart V 2 5 3
The CHT Value Chart v2.5.3 indicator is a popular and free forex indicator for MetaTrader 4 (MT4) that is useful for traders of all levels. This indicator is designed to help traders identify potential reversal points in the market, as well as support and resistance levels. It is based on the average true range (ATR) of a given currency pair, and uses a range of values to identify areas of potential support or resistance. It is a great tool for traders who want to get a better understanding of the market and make more informed trading decisions.
Hawkeye Volume
The Hawkeye Volume Indicator is a useful and popular free Forex indicator for MT4 that helps traders make better trading decisions. This indicator uses price and volume to identify potential market reversals and breakouts. It takes into account the buying and selling pressure of the market, as well as the volume of trades. By analyzing these factors, the indicator can help traders to identify potential trading opportunities.
Trading Volume
The Trading Volume Indicator is a useful, free Forex indicator for the popular MT4 platform. It is designed to help traders measure the volume of a currency pair in order to get an idea of the strength of the current trend. The indicator is easy to use and can be used to identify entry and exit points. The Trading Volume Indicator is a popular tool that can be used by traders to identify potential trading opportunities in the Forex market. It is a useful tool for both novice and experienced traders and is free to download and use.
Percentage Volume Oscillator
The Percentage Volume Oscillator (PVO) is a popular and free forex indicator for the MetaTrader 4 (MT4) trading platform. It is useful in measuring the strength of a trend by comparing the volume of a particular period to the volume of the previous period. It is calculated by subtracting the 26-period exponential moving average (EMA) of volume from the 12-period EMA of volume. The PVO can be used to identify potential reversal points in the market, as well as possible breakouts and trend continuation signals.
Reviews
There are no reviews yet.