Elliott Correction Wave.
For "Elliott Correction Wave", it is possible to enable/disable the mode of connecting points by lines (OBJPROP_DRAWLINES property), as well as set the level of wave positioning (from ENUM_ELLIOT_WAVE_DEGREE enumeration).
The following script creates and moves Elliott correction wave on the chart. Special functions have been developed to create and change graphical object's properties. You can use these functions "as is" in your own applications.