LazyBear ' s "Weiss Wave " codes are used for open interests.
Original Weiss Wave Volume :
Let's start :
Open Interest vs. Volume: An Overview
Volume and open interest are two key measurements that describe the liquidity and activity of contracts In the options and...
Tim Ord came up with the Ord Volume concept. The idea is similar to Weis Wave, except that where Weis Wave keeps a cumulative tab of each wave’s successive volume columns, Ord Volume tracks the wave's average volume.
You can choose to distinguish the area’s colors when the average is rising/falling (default).
You can show an EMA of the wave averages,...
A nice collection of Buy/Sell indicators.
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