The Weis Wave indicator is used to display the total volume of the trend before changing its direction. That is, the indicator summarizes the volume of candles of the same direction, which go in a row.
View of indicator on the chart:
To add and configure the indicator, you must open the settings window.
Drawing
Panel
Down DataSeries
Show value - display the value of the indicator on price scale.
Show zero values- display zero values.
Scale - if this option is enabled, the scale will automatically be calculated based on the minimum and maximum values of the indicator, in order for the indicator to be placed on the graph.
Color - choose color.
Visual type - visual adjustment of the indicator on the graph:
- Line
- Histogram
- Hash
- Block
- Cross
- Square
- Dots
- Up arrow
- Down arrow
- Axis label
- Hide
Line style - customize the appearance of the line:
- Dot
- Solid
- Dash
- Dash - dot
- Dash - dot - dot
Width - adjust the thickness of the indicator line.
Filter DataSeries
Up DataSeries
For Filter DataSeries and Up DataSeries all settings are the same as for Down DataSeries.
Misc
Filter - set filter value.
Show description of indicator - enable and disable indicator`s description.
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