When Weather Compensation (WC) is enabled the Wave no longer acts as a thermostat in the traditional sense that it will bring the boiler on until the desired room temperature is reached. Instead it becomes a controller that maintains a constant flow temperature which is dictated by a heat curve and the outside temperature. If the heat curve has been set correctly then the flow temperature should heat the room to the desired temperature. The Heat Curve is set by the parameters in the device and adjusting the parameters adjusts the flow temperature given the outside temperature.
Due to the nature of weather compensation your room temperature may be higher or lower than the desired room temperature because it is no longer a thermostat, this is to be expected. If the room temperature is drastically above or below the desired temperature then making some adjustments to the parameters should help.