WeisWave indicator for NinjaTrader 7
How to import the WeisWave indicator into NinjaTrader 7
Download WeisWave.zip into a convenient folder, or desktop – do not try to unzip it.
From the Control Center, click File, click Utilities, select Import NinjaScript. Select WeisWave.zip
from where you have downloaded it. That’s it.
You will see two indicators* in your indicator list, WeisWave and WeisWaveIB
WeisWaveIB (IntraBar)
Select WeisWave IB to see WeisWaves forming and reformulating in real time.’ Calculate on bar close’ must be set to ‘false’ for real time calculation.
WeisWave
Select WeisWave to see WeisWaves that have completely formed on your real time or historical charts . ‘Calculate on bar close’ must be set to ‘true’ for this indicator to work properly. These are exactly the same waves as determined by the WeisWaveIB indicator but this indicator waits until the Wave turning point or continuation pattern is established by the price action before showing it on the chart. It uses less computer resources than the IB indicator.
*You will also see a third file in the indicator list, WeisWave Methods, this works in the background and should not be deleted.
WeisWaveIB and WeisWave variable parameters
Volume text display factor ie 10’s 100’s 1000’s of contracts
Choose how waves are calculated. Eg from bar highs to lows, or bar close to close etc. Click on description for dropdown panel.
True or False to show Wave ZigZag
True or False to display time length of waves intra session
True or False to display number of contracts per wave
Retrace factor for Wave calculation. Per contract point.
Position of volume / time text above / below wave highs / lows.
Number of decimal points for wave time text to display
Wave time format:, hours, minutes, seconds
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