WyckFlow.com Free Studies for MotiveWave

A clean-room open-source implementation of Cumulative Volume Delta (CVD) and Bid/Ask Volume studies compatible with MotiveWave Community and Standard editions.

These studies provide the core order-flow analysis layer (volume classification based on bid/ask aggressor ticks) which is typically restricted to premium editions of the platform.

• OHLC Candle Rendering: Plots cumulative delta as candlestick bars (open, high, low, close of running delta within each bar).
• Flexible Reset Options: Resets to zero on session (RTH/ETH), weekly, monthly boundaries, or custom time schedules.
• Divergence Detection: Built-in engine to identify price/CVD swing divergences (exhaustion/absorption).
• Immediate Divergence: Flags short-term effort-vs-result imbalances (large delta with minimal price movement) on the candle they occur.
• Performance Optimized: Throttled rendering updates to maintain UI responsiveness on volatile markets.

• Split Paths: Plots ask-aggressor volume (buying pressure) and bid-aggressor volume (selling pressure) as two independent paths in a subplot.
• Intra-bar Analysis: Visualizes crossovers and dominance shifts between buying and selling pressure.
• RTH Filter: Option to restrict volume accumulation to regular trading hours.

• MotiveWave: Community Edition or higher (macOS or Windows).
• Market Data: A Level 2 (DOM) or bid/ask tick data feed (required to classify trades).
• Build Environment: Java Development Kit (JDK) 17+ and Apache Maven.

1. Verify that MotiveWave is installed at the default location, or adjust the <mwave.sdk> path property in pom.xml to point to your mwave_sdk.jar (e.g. /Applications/MotiveWave.app/Contents/Java/mwave_sdk.jar on macOS).
2. Build the project using Maven:

   mvn clean package

3. The compiled extension will be generated as target/WyckFlowFreeStudies.jar.

1. Copy the compiled WyckFlowFreeStudies.jar to your MotiveWave extensions directory:
   • macOS / Windows: Drop the jar into ~/MotiveWave Extensions/
2. Restart MotiveWave.
3. The studies will be available under the WyckFlow.com menu group (or via the Study search dialog).

This project is licensed under the MIT License.