WAVE-PM (Whistler's Active Volatility Energy - Price Mass)

[Nikolay.Gekht]

The is a port of one of wonderful indicators described in the Mark Whistler's "Volatility illuminated" book. For details about the indicator please follow www.fxvolatility.com site to buy an e-book version of the book or buy a paper version of the book at amazon. The book is really good and worth to buy it.

Note: The indicator is a bit optimized during porting, however the result are carefully checked against the MT4 version with different sets of the parameters.

Download the indicator:

WAVE-PM.lua

(4.86 KiB) Downloaded 2128 times

MT4 / MQ4 version can be found here.
viewtopic.php?f=38&t=64011

The indicator was revised and updated

[sinbad]

Thank you very much !

Thanks again.

[patick]

This is a game changer. I cannot remember the last time I, literally, could not stop reading a book from start to end.

I'm assuming as soon as volume is avail in MarketScope, you'll be converting the VWAP indicator, too?

Thank you very much for the WAVE PM! I could've made 50-75 pips tonight using it... if I could've stop reading the ebook But, there's always tomorrow.

[gcardo]

Hi Nikolay,

Now that we have volume avail in MarketScope, is it possible to create a VWAP and WVAV indicators as described in the book?

Thank you
Gustavo

[Apprentice]

Indicator that you are looking for is already written.
It will be loaded as well as many other volume based indicators during the next week.

[gcardo]

Hi Apprentice,
Is VWAP and WVAV indicators already ready at marketscope 2.0?
I can't find them on my indicators.
If so, can you plwase send me a link where I can download them?

Thanks again
Gustavo

[Apprentice]

Requested indicator has not yet officially available.
But you can download it here.

VAMA.lua

(1.91 KiB) Downloaded 1514 times

[gcardo]

Thanks

[fxdirekt]

This is a great indicator. Thanks for programming it.
However I wonder whether it would be possible to improve the indicator by enabling to color code the slope of the indicator lines.

Thanks for considering this.

[Apprentice]

Your request is added to the development list.