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MBOXX ( similar to Weis Wave )/Wyckoff
Started:January 13th, 2015 (08:30 PM) by mdsvtr Views / Replies:667 / 1
Last Reply:January 13th, 2015 (08:30 PM) Attachments:0

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MBOXX ( similar to Weis Wave )/Wyckoff

Old January 13th, 2015, 08:30 PM   #1 (permalink)
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MBOXX ( similar to Weis Wave )/Wyckoff

I was doing some research on the internet earlier today, looking for the Weis wave or as similar of a version of it as I could find for the T0rS platform, when I cam across an indicator called.....MBOXX

Here is a link showing the way in which to interpret the MBOXX ...
MBOXX Indicator | MBOXX Trading System

It takes the way in which Wychoff used Volume and time within the waves , to give a detailed explanation of when there was more demand vs supply and vice versa

It looks like a fantastic Indicator, and one of which simplifies the reading of having the numbers of the time / volume traded within each wave, by instead, plotting a blue or red box around that move " wave "

Anyways, just wanted to share, get other traders opinions and also see if anyone has used it yet

Please let me know,
Thanks - Michael

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Old January 13th, 2015, 08:30 PM   #2 (permalink)
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