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ElliottFxTrader Forex Analysis usiing Elliott Wave Principle

DAX30 FUTURES: *General overview for 26/11/2014 12:50 CET* On lower time frames traders can see, that the impulsive wave progression is unfolding to the upside and first targets has been projected at the levels of 10023 and 10175. * Support/Resistance* 10175- Wave v Target Level 10084 - WR2 10023 -

Need help! What is this indicator?

Guys, I have found it on the internet and it looks like the trader that is using this system can make constant profits. I have only those screenshots but from what I could decode it is based on reno bars or range bars. CAN ANYONE HELP ME TO IDENTIFY THIS SYSTEM PLEASE? Regards, Flynch