Weis Wave Volume

This indicator analyzes market volume and visualizes it as wave charts, making it easy to identify key inflection points and zones of supply and demand.

For optimal results, customize it for your instrument (not compatible with Forex) by adjusting the "Trend Detection Length" setting, which consolidates smaller waves into larger trends. If you prefer an oscillator-style display, you can enable the "ShowDistributionBelowZero" option.