The indicator displays the total or average volume in the price movement. Thanks to this, you can easily determine the supply and demand in the market, the moments of reversal. Allows you to easily build supply / demand levels.
It builds waves according to the algorithm of D. Weiss and swing Gunn.
It works on any Forex, futures, stocks and any volume markets.
It is not redrawn, the automatic wave construction algorithm allows you to work with any instrument on any timeframe, regardless of the volatility “without adjusting to the instrument”.
It is based on ideas from books:
David Weiss “A Modern Adaptation of the Wyckoff Method”
Timothy Orda “The_Secret_Science_of_Price_and_Volume”
Robert Krause “A W. D. Gann Treasure Discovered”
- Volume Mode-volume calculation mode (total as in D. Weiss, or average as in Timothy Ord)
- Construction Mode-select the construction method of D. Weiss or Swing Gunn
- Algorithm-selection of the algorithm for building waves by bars / ticks (D. Weiss points), for Gann swings only by bars!
- Volume type-selection of volumes (tick or real))
- History – the history in the bars
- Period – the period of wave formation according to the algorithm, (if the algorithm is in bars, then the number of bars is indicated, if in ticks, then the desired number of ticks or points is indicated (for FOREX))
- Show volume – display of volumes
- Prefix-prefix for volume icons
- Vertically indented-vertical indentation of icons
- Indent of the price line-indent of the time volume
- Rounding volume-rounding the volume (it is used to reduce the numerical values of the volume by 10,100,1000 for easier perception)
- Volume UP – ascending volume
- Volume DN – descending volume
- Temporary volume – temporary volume (the volume that was not included in the formed wave)
- Font-font
- Font size – font size
[spoiler title=”Read More…”]
A more advanced version of the levels:
How to trade with the indicator and understand its signals:
A more advanced version of the levels:
A more advanced version of the levels:
https://www.mql5.com/ru/market/product/20418
How to trade with the indicator and understand its signals:
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