Pattern 5W Scanner v4
- Indikatoren
- Elif Kaya
- Version: 1.1
- Aktivierungen: 20
Introduction
The Elliott Wave in technical analysis describes price movements in the financial market that are related to changes in trader sentiment and psychology.
The 5 W Pattern (Known as 3 Drives) is an Elliott Wave pattern that is formed by 5 consecutive symmetrical moves up or down. In its bullish form, the market is making 5 drives to a bottom before an uptrend forms. In a bearish 5-drive, it is peaking before the bears take over.
5W Pattern Scanner Indicator
Searching, Fibonacci calculations and pattern recognition are completely the responsibility of the indicator; All you have to do is "press the scan button".
How To Trade?
Hi, Greate Indicator, more useful. I have installed on my desktop. But for my laptop , It has been installed, but couldn't run. Does the indicator only allow installing on one device ?