Weis Wave Delta

If you need an Indicator or Signal developed or translated from other language, please post all Indicator development REQUESTS to this section here.

Moderator: admin

Weis Wave Delta

Postby logicgate » Thu Dec 05, 2019 1:18 pm

Hi there dear friend Apprentice.

Please can you code a version of your Weis Wave RM4 but using the formula of the indicator attached here for the calculation of volume? Use the code of TicksSeparateVolumeDif to calculate the volume, it already gives you the positive and negative values for each bar, you just need to sum the values to get the net value of the leg. So we will have delta as numerical value on the pivots of the waves.

You can remove from the code of the weis wave the command to plot a subwindow with waves, we only wanna see the zigzag of the weis wave on top of price, like in the picture attached here.

Thanks!
Attachments
weis wave delta.png
WeisWaveRM4apprentic.mq4
(13.33 KiB) Downloaded 381 times
logicgate
FXCodeBase: Aspirant (Junior)
 
Posts: 680
Joined: Tue Dec 11, 2018 7:54 am

Re: Weis Wave Delta

Postby Apprentice » Fri Dec 06, 2019 2:17 pm

Your request is added to the development list.
Development reference 408.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36341
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Weis Wave Delta

Postby Apprentice » Tue Dec 10, 2019 9:33 am

I don't understand what needs to be done!
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36341
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Weis Wave Delta

Postby logicgate » Fri Dec 20, 2019 3:39 pm

Apprentice wrote:I don't understand what needs to be done!


Simple. You modify the WeisWaveRM4apprentic to use the output of the TicksSeparateVolumeDiff attached in here, instead of using regular volume. So we will get values similar to this image here. TicksSeparateVolumeDiff will give you the "tick delta" of each bar, so the indicator will just sum up those values to give the total of the leg.

You can add an option in indicator to show or hide the wave volume histogram, in case we are only interested in seeing the numerical values on the zigzag on top of price, or you can just remove the histogram completely from indicator code, perhaps saves CPU power.
Attachments
leg delta.png
TicksSeparateVolumeDif.mq4
(4.88 KiB) Downloaded 368 times
logicgate
FXCodeBase: Aspirant (Junior)
 
Posts: 680
Joined: Tue Dec 11, 2018 7:54 am

Re: Weis Wave Delta

Postby Apprentice » Tue Dec 24, 2019 7:26 am

If I understand you, instead of Real we will use Tick volume?
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36341
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia


Re: Weis Wave Delta

Postby logicgate » Thu Dec 26, 2019 5:52 pm

Hi there dear friend.

First of all, I wanna wish you happy holidays! 8-)


Now, I just tested the indicator, we are almost there. It seems that the summing of the volume of each bar is not working, check the screenshot attached all values are 0, no matter the timeframe.

The indicator should add the value given by TicksSeparateVolumeDif for each bar that forms the leg.

Best regards
Attachments
wave delta.png
logicgate
FXCodeBase: Aspirant (Junior)
 
Posts: 680
Joined: Tue Dec 11, 2018 7:54 am

Re: Weis Wave Delta

Postby logicgate » Thu Dec 26, 2019 6:04 pm

Another image, I have summed the values give by the indicator bar by bar, that leg up should have 6.9K
Attachments
WAVE DELTA A.png
logicgate
FXCodeBase: Aspirant (Junior)
 
Posts: 680
Joined: Tue Dec 11, 2018 7:54 am

Re: Weis Wave Delta

Postby logicgate » Thu Dec 26, 2019 6:07 pm

Sorry for another post, I forgot to mention in the previous post:

You can ditch the "." separating hundreds from thousands, not comma or dot needed. Like

300
500
980
1000

And NOT:

0.3
0.5
0.98
1.1

Better to have a "divide by" in indicator settings, if values gets too high I input "10" or "100"
logicgate
FXCodeBase: Aspirant (Junior)
 
Posts: 680
Joined: Tue Dec 11, 2018 7:54 am

Re: Weis Wave Delta

Postby Apprentice » Fri Dec 27, 2019 6:07 am

Your request is added to the development list.
Development reference 493.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36341
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Next

Return to Indicator and Signal Requests

Who is online

Users browsing this forum: Bing [Bot], Google [Bot] and 21 guests