The Weis Wave is a volume aggregation technique developed by David Weis, a student of Richard Wyckoff. It involves breaking price action into waves (swings) and aggregating the volume within each wave. This allows traders to see which waves have strong volume behind them — and which are weak. The concept is simple: waves with high volume are significant; waves with low volume are not.
What Is the Weis Wave?
The Weis Wave is a volume-weighted wave analysis technique. It works by:
- Identifying price swings (waves) using standard swing analysis.
- Aggregating the volume within each swing — both the total volume and the volume on the direction of the wave.
- Comparing wave volume to assess the strength of each move.
This method helps traders distinguish between effort (volume) and result (price movement). When effort and result are aligned, the trend is healthy. When they diverge, a reversal is likely.
How Weis Wave Volume Aggregation Works
- Identify swings — mark the high and low of each price wave.
- Aggregate volume — sum the volume for the entire wave. This gives you the "effort" behind the move.
- Compare waves — a wave with significantly higher volume than the previous wave indicates strong conviction. A wave with lower volume suggests weakness.
- Divergence — when price makes a new high but the aggregated volume is lower than the previous wave, it's a bearish divergence. When price makes a new low with lower volume, it's a bullish divergence.
Weis Wave Simulator
interactiveAdjust the volume of each wave to see how aggregated volume reveals the strength behind price moves. Watch for divergences!
Trade Examples
How to Trade with Weis Wave
- Identify waves — mark the swing highs and lows on your chart.
- Aggregate volume — sum the volume for each wave.
- Compare wave volumes — look for divergences or confirmations.
- Enter on confirmation — for a bullish divergence, wait for a break above the last wave high. For a bearish divergence, wait for a break below the last wave low.
- Set stops — beyond the divergence wave extreme.
- Target — use measured moves or the next key level.
Pro tip: The Weis Wave works best on higher timeframes (1H, 4H, Daily) where volume data is more reliable. Combine with market structure for even better results.