Weis Wave Renko Institutional HUD (Wyckoff/Auction) v6

Weis Wave Renko • Institutional HUD + Panel 2
Wyckoff / Auction Market Framework

This project consists of TWO COMPLEMENTARY INDICATORS, designed to be used together as a complete visual framework for reading Effort vs Result, Auction Direction, and Session Control, based on Wyckoff methodology and Auction Market Theory.

These tools are not trade signal generators.
They are context and decision-support instruments, built for discretionary traders who want to understand who is active, where effort is occurring, and when the auction is reaching maturity or exhaustion.

🔹 1) WEIS WAVE RENKO — INSTITUTIONAL HUD (Overlay)

📍 Location: Plotted directly on the price chart
🎯 Purpose: Fast, high-level institutional context and trade permission

The HUD answers:

“What is the current state of the auction, and is trading permitted?”

What the HUD shows:
🧠 Market Participation

Measures how much participation is present in the market:

Low Participation

Weak Participation

Active Participation

Dominant Participation

This reflects whether professional activity is present or absent, not direction alone.

📐 Auction Direction

Defines how the auction is currently resolving:

Auction Up

Auction Down

Balanced Auction

This is derived from price progression and effort alignment.

🔥 Effort (Effort vs Result)

Displays the relative strength of the current effort, normalized over recent waves:

Visual effort bar

Strength percentage (0–100)

Effort classification:

Low Effort

Increasing Effort

Strong Effort

Effort Exhaustion

This is the core Wyckoff concept: effort must produce result.

🌐 Session Control

Shows which trading session is controlling the auction:

Asia – Accumulation Phase

London – Development Phase

US RTH – Decision Phase

The dominant session is visually emphasized, while others are intentionally de-emphasized.

🔎 Market State & Trade Permission

Clearly separates structure from permission:

Structure (Neutral, Developing, Trending, Climactic Extension)

Permission

Trade Permitted

No Trade Zone

When Effort Exhaustion is detected, the HUD explicitly signals No Trade Zone.

🔹 2) WEIS WAVE RENKO — PANEL 2 (Lower Pane)

📍 Location: Dedicated lower pane below the price chart
🎯 Purpose: Detailed, continuous visualization of effort, strength, and climax

Panel 2 answers:

“How is effort evolving, and is the auction maturing or exhausting?”

What Panel 2 shows:
📊 Effort Wave (Weis-like)

Histogram of accumulated effort per directional wave

Green: Auction Up effort

Red: Auction Down effort

This reveals where real participation is building.

📈 Strength Line (0–100)

Normalized strength of the current effort wave

Same calculation used by the HUD

Enables precise comparison of effort over time

⚠️ Climax / Effort Exhaustion Marker

Triggered when effort is both strong and mature

Highlights Climactic Extension / Exhaustion

Serves as a warning, not an entry signal

🔗 HOW TO USE BOTH TOGETHER (IMPORTANT)

These indicators are designed to be used simultaneously:

Panel 2 reveals
→ how effort is building, peaking, or exhausting

HUD translates that information into
→ market state and trade permission

Typical workflow:

Panel 2 identifies rising effort or climax

HUD confirms:

Participation quality

Auction direction

Session control

Whether trading is permitted or restricted

⚠️ IMPORTANT NOTES

These tools do not generate buy or sell signals

They are contextual and structural

Best used with:

Wyckoff schematics

Auction-based execution

Market profile / volume profile

Discretionary trade management

🎯 SUMMARY

Institutional, non-lagging framework

Effort vs Result at the core

Clear separation between:

Context

Structure

Permission

Designed for professional discretionary traders