VSA Indicator´s Simple Weis Wave
VSA Indicator´s Simple Weis Wave is an indicator for MetaTrader 5 from the Old Kings collection. As the name suggests, the idea behind it is wave counting in the Elliott style and volume. It can send alerts. It has 6 settings, for example Sub Display Type (default total_volume), Volume Type (default VOLUME_TICK) and Direction (default 15). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file with source code (.mq5) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT5 · v1.0 · Free
About VSA Indicator´s Simple Weis Wave
VSA Indicator´s Simple Weis Wave is an indicator for MetaTrader 5. It can alert you with a pop-up, sound, email or push message. It has 6 settings, such as Sub display type, Volume type and Direction. MQL source code included.
Files in the download: VSA Indicator´s Simple Weis Wave .mq5.
Settings
| Setting | Default | What it does |
|---|---|---|
| Sub display type | total_volume | |
| Volume type | VOLUME_TICK | Volume Type |
| Direction | 15 | Wave Tick´s |
| Percent | 50 | Percentage of Bar´s |
| Up | clrAqua | Up Wave Color |
| Dn | clrRed | Donw Wave Color |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Alerts · MT5 Indicator · MQL5 Source Code