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Writer's picturePanagiotis Diamantopoulos

New Version and new feature for Weis Wave with Speed Index - v9.2 for MT4 and MT5

  1. Updated Autowaves Algorithm - AutoSensitivity adjustment might be necessary.

  2. New Feature - Auto Fast and Slow Waves


Auto Fast and Slow Waves

Setting Speed Index Display to 4 the indicator will display next to Speed Index the letter F="Fast" or "S"=Slow to designate if the wave is fast or slow compared to the Average Speed Index. You can set how fast or slow from the Extreme_Threshold parameter. For example., if you set the Extreme Threshold to 0.5 (50%) then if the wave's speed index is less than 50% of Average Speed Index it will be signified as F=Fast wave or if the wave's speed index is greater than 50% of the Average Speed Index it will be signified as S="Slow".


Note: The number of waves back to calculate Average Speed Index is set from the Avg_Waves_back parameter.






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