Elliott Wave Architect Pro MT5
- Indicators
-
Mario Zarrella
Analyse Elliott Waves – right where you trade.
I'm Mario Zarrella, a trader from Germany with 13 years of experience in the financial markets. - Version: 1.0
- Activations: 10
Count, check and project Elliott Waves – right in your MT5 chart
Elliott Wave indicator for MetaTrader 5: you count the waves, the tool checks the Elliott rules, calculates the Fibonacci targets and shows the zones where several targets meet.
Elliott Wave analysis right in your MT5 chart – you count, the tool calculates.
Elliott Wave Architect Pro MT5 brings the analysis into the chart you also trade from: you place your count, the tool checks it against the Elliott rules and calculates the targets. You place your orders yourself with MT5 as usual – with the targets and zones right in view.
Try it first:
The free demo cannot show the tool, because the Strategy Tester does not pass on mouse and keyboard input. So test it with the one-month rental in your real chart. If it fits your analysis, buying is the better value in the long run.
Your count – calculated transparently.
The indicator does not search for patterns by itself and does not replace your judgment. You decide on the count; the tool checks it against the Elliott rules, classifies the type of correction and calculates all Fibonacci targets – transparent and at the press of a key.
Why I built this tool
I have been trading for 13 years. For a long time I counted my Elliott Waves in a separate program and traded in MT5 – two windows, constant switching. I wanted both in one chart. That became 1.5 years of development, and this tool is the result.
How it works
- Place the waves: choose a pattern template and drag its points onto the matching highs and lows – they snap to the candle.
- Targets at a keystroke: press T (all waves) or a wave key (e.g. 5, C, Y) and the tool shows the Fibonacci target zones according to the Elliott rules; press again to hide them.
- See the confluence: switch on ADP zones in the panel – per count or across all counts. You see at a glance where targets cluster.
- Fit the tolerance to your market: forex, indices, metals such as gold and cryptocurrencies move differently. That is why you set the ADP tolerance yourself – in 0.01 % steps, optionally preset per timeframe.
- Compare scenarios: several counts and wave degrees at once; a double-click or a click on a target box switches a count on or off.
- Targets in view, orders as usual: target and zone prices are shown right in the chart; you place order, stop loss and take profit yourself with MT5 – the indicator does not trade.
Features at a glance
- 7 pattern templates: impulse 1-2-3-4-5, ending diagonal, leading diagonal, A-B-C, triangle A-B-C-D-E, W-X-Y (double three) and W-X-Y-X2-Z (triple three).
- Elliott rule check: violated rules – e.g. wave 2 beyond the start of wave 1, wave 4 overlapping wave 1, wave 3 as the shortest wave, containment in contracting triangles – are shown as a red line and in the status box.
- Type classification of your count: A-B-C as zigzag, flat, expanded or running flat; triangles as contracting, expanding or running.
- Fibonacci targets per wave relation: retracements and projections such as W3 vs W1, W5 vs W1+W3 or C vs A. Default ratios from common Elliott Wave literature are active immediately; further ratios can be added per relation and per count. Targets of finished waves are greyed out.
- ADP confluence zones: areas where several targets meet within your tolerance – per count and across all counts. The status box lists the nearest zones with their distance to the price.
- Any number of counts: individual colors and wave degrees (Sub, Int, Min), each can be shown or hidden. Only the active count can be edited – nothing moves by accident.
- Clear targets: target boxes never overlap; targets outside the visible range appear as an arrow with the price at the chart edge.
- Fast to use: T, 1–5, A–E, W–Z for targets; F, I, K for panel, info box and edit box; Del deletes, U restores deleted counts (up to 20 steps).
- Saved automatically: per symbol and chart window, shown on every timeframe and restored after a restart.
- Made for daily use: dark graphite panel or light, automatic adaptation to dark and light charts, scaling for 4K and 125–150 % screens, English/German interface.
Who it is for
For traders who count Elliott Waves themselves – in forex, indices, metals such as gold (XAUUSD) and cryptocurrencies, on every timeframe from M1 to MN, for intraday and swing trading.
Strategy Tester
Elliott Wave Architect Pro MT5 is an interactive drawing tool, not an automatic analyzer: you place the waves yourself. As the Strategy Tester does not pass on mouse and keyboard input, the indicator only shows a note there. To try it in a real chart, the one-month rental is recommended.
Requirements
- MetaTrader 5 on Windows.
- No DLL, no internet access.
- No trading functions: the indicator does not open, modify or close positions – you place orders yourself with MT5.
Support
After your purchase or rental, feel free to message me via my MQL5 profile: I will help you with the setup and welcome requests for future versions. If the tool helps your analysis, a short review is much appreciated.
Disclaimer
The displayed price targets, rules and zones are analysis aids, not investment advice or trading recommendations. Trading financial instruments involves considerable risk. Every trading decision is the sole responsibility of the user.
