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Elliott Wave Trend MT4

Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to show how good your Elliott Wave pattern is. 100% means that it is good wave pattern. The score below 80% or negative values means that you might have some mistakes in your analysis. Elliott Wave Trend will correct some obvious mistake in your wave counting if the counting goes against the three Wave rules proposed by Ralph Elliott.


Please note that even though there are many automatic features inside Elliott Wave Trend, some manual operation is still required for your wave counting. In addition, you will need some discipline and knowledge in Elliott Wave counting. Once you have them, you will be able to use the full power of Elliott Wave trading, where the subjectivity is fully controlled in your wave counting.


Operation with Buttons


Our Elliott Wave Trend operate mostly with button and mouse clicks.

  • Impulse: Press this button first to start labeling impulse waves on your chart. When this button is off, you can’t label any impulse wave in your chart. Once this button is pressed, then double click in your chart to label each impulse wave (i.e. wave 1, 2, 3, 4 and 5). When you finish labeling for impulse wave, just release this button again. Note that in your first double click, origin (.) of your wave will be marked. After that, label 1, 2, 3, 4 and 5 will follow.
  • Correct: Press this button first to start labelling corrective waves on your chart. When this button is offer, you can’t label any corrective wave in your chart. Once this button is pressed, then double click in your chart to label each corrective wave (i.e. wave A, B and C). When you finish labeling for impulse wave, just release this button again. Note that in your first double click, origin (.) of your wave will be marked. After that, label A, B and C will follow.
  • DE Label: DE Label is the short for delete label. When you press this button, the latest label will be deleted from your chart.
  • DE Cycle 1: DE Cycle 1 is the short for Delete Cycle 1. When you press this button, all the labels in the current wave cycle will be deleted. While impulse button pressed, pressing DE Cycle 1 will remove all the labels for impulse wave in the current cycle only leaving the labels for corrective wave. While correct button pressed, pressing DE Cycle 1 button will remove all the labels for corrective wave in the current cycle only.
  • DE ALL: DE ALL is the short for delete all. When you press this buttons, all the labels will be removed regardless of their cycle.
  • Draw Line: You should use this button after your labelling is done in your chart. When you press this button, Elliott Wave Trend will connect each label with lines automatically.
  • DE Cycle 2: DE Cycle 2 is the short for Delete Cycle 2. When you press this button, all the lines in the current wave cycle will be deleted. While impulse button pressed, pressing DE Cycle 2 will remove all the lines for impulse wave in the current cycle only leaving the lines for corrective wave. While correct button pressed, pressing DE Cycle 2 button will remove all the lines for corrective wave in the current cycle only.
  • DE All Line: DE All Line is the short for Delete All Lines. When you press this buttons, all the lines will be removed regardless of their cycle.
  • Panel: Press this button to show and hide the information panel. The information panel provide you the three Elliott Wave counting rules.
  • WaveTrend: Press this button to show and hide the trend indicator in your chart. You can use this trend indicator to assist for your trading.
  • << : decrease Cycle
  • >> : increase Cycle


Must Read Before Buying

Important Note

You are buying our products as it is. They are the off the shelf product. Therefore, we do not accept any modification or customization request. For our products, we do not provide any code library or any support for your coding.

Comentarios 8
Khalid Albarrak
905
Khalid Albarrak 2018.11.09 17:00 
 

good

Andres Meza
532
Andres Meza 2017.03.28 19:25 
 

Outstanding tool for counting waves. A must buy.

nguyenphanduc
220
nguyenphanduc 2016.08.29 18:11 
 

Perfect tool to count wave.

Great profit for me.

Thanks Young Ho Seo very much :)

https://www.mql5.com/en/charts/5696670/usdchf-h1-teletrade-dj-international

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This is the  FXTraderariel Hedgefond Indicator - the best indicator we ever created.  It shows different levels which are also used by institutional traders. The indicators shows potential Take Profit Targets. Depending on the settings and trading style, it can be used for  scalping  or  long-term trading . The indicator can be used on every  time frame , but we advise to use it on  , H4 and D1 . Especially if you are a novice trader.  Pro Traders  can also you use it for scalping in smaller tim
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ZigZag on Trend
ZigZag on Trend
Vitalyi Belyh
The indicator " ZigZag on Trend " is an assistant in determining the direction of price movement, as well as a calculator of bars and points. It consists of a trend indicator, which follows the price direction by the trend line presented in the form of a zigzag and a counter calculating the number of bars traversed in the direction of the trend and the number of points on the vertical scale. (calculations are carried out by the opening of the bar) The indicator does not redraw. For convenience,
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VTrende mt4
VTrende mt4
Andrey Dyachenko
VTrende - МТФ индикатор для трендовой торговли с панелью индикации для МТ5 !!! - Подробное описание на русском языке под видео (на Youtube) - !!! Хотя сигналы индикатора VTrende можно использовать, как сигналы полноценной торговой системы, рекомендуется применять их в связке с ТС Билла Вильямса. Основная задача индикатора - определить точки изменения направления тренда. Сигнал индикатора появляется в двух вариантах: На опережение - когда тренд заканчивается На продолжение - когда тр
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Trend Blaster Multi Timeframe Signal System
Trend Blaster Multi Timeframe Signal System
STOCKMANIACS RESEARCH & SYSTEMS PVT LTD
Trend Blaster Trading System (TBTS) MT4 indicator is a volatility based trailing stop loss indicator for MetaTrader 4 platform with multi-timeframe (MTF) dashboard and Target lines. It gives highly accurate entry and exit signals with targets and stop loss commentary on screen. The multi-timeframe dashboard allows you to take entry only in the direction of other timeframes. How does it work? The trading system (MT4 indicator) comprises of entry and exit signals with an arrow telling you when t
249.95 USD
G Cash Market Maker Cycle Identification Dashboard
G Cash Market Maker Cycle Identification Dashboard
Garry James Goodchild
(G-Cash Dash ) -Market Makers Cycle and trend identification dashboard  Ideal to help you profit against the market maker. The Perfect tool for Market Makers Method and any trend following strategy  Identify  -Cycle direction, Peak High Peak low - Cycle projection  -Symbol changer- No need to change charts on the dashboard  Status - showing how far into the cycle the pair has been  Real time status - Showing where pair is currently in the cycle in real time . ADR- Average daily range in pips of
500 USD
Limitless MT4
Limitless MT4
Dmitriy Kashevich
El MT4 ilimitado es un indicador universal adecuado para todos los operadores principiantes y experimentados. funciona en todos los pares de divisas, criptomonedas, acciones en bruto MT4 ilimitado: ya está configurado y no requiere configuración adicional Y ahora lo principal ¿Por qué MT4 ilimitado? 1 falta total de redibujo 2 dos años de pruebas por los mejores especialistas en comercio 3 la precisión de las señales correctas supera el 80% 4 tuvo un buen desempeño en el comerci
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Pair Trading Station MT4
Pair Trading Station MT4
Young Ho Seo
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
280 USD
BinaryPin
BinaryPin
Andrey Spiridonov
BinaryPin is an indicator developed and adapted specifically for trading short-term binary options. The indicator's algorithm, before issuing the signal, analyzes many factors, such as market volatility, searches for the PinBar pattern, calculates the probability of success when making a deal. The indicator is set in the usual way. The indicator itself consists of an information window where the name of the trading instrument is displayed, the probability of making a successful transaction, the
300 USD
Paul BuySell Indicator
Paul BuySell Indicator
Prabir Paul
Non-Repainting & Trend Following Indicator   A simple tool for all traders.  Paul Indicator detects trend, eliminates noise and show Buy and Sell level in the screen window. This Buy Sell Indicator is is very simple and useful. This Indicator will not produce Buy and Sell Signal alternatively ignoring trend but It follows trend and produce good Signal only. For Details Information, go through this article:  https://www.mql5.com/en/blogs/post/734212 Advantages Non-Repainting & Trend Followin
300 USD
Tigger
Tigger
Dimitar Pavlov
This indicator is very powerful tool on AUD/NZD 1 minute chart, however it works on any symbol and any timeframe. The indicator does not repaint or redraw. The signal always come as soon as candle open. Personally I tested it on Metaquotes demo account on AUD/NZD 1 minute chart for 6 months and it has 68% success rate based on 2409 signals from the indicator for this 6 month period. On AUD/NZD 5 minute chart has 69% success rate too, based again on 6 months test and 717 signals from the indicato
2 000 USD
SFO Trend Racer
SFO Trend Racer
Tevin Marshall
SFO Trend Racer system is a trend indicator created by the CEO and Founder of " Simple Forex Options ", Tevin Marshall . It serves 6 different functions all in one. It shows the trader the entry signals as well as exit signals, whether it is a take profit or a stop loss. It also uses trend filters and signal confirmations so that the trader is able to make the most logically fit decision. Trend Racer uses various filters and specific settings from a plethora of indicators. The beauty in this ind
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PZ Harmonacci Patterns
PZ Harmonacci Patterns
Arturo Lopez Perez
Este es posiblemente el indicador de reconocimiento automático de formación de precios más completo que puede encontrar para la plataforma MetaTrader. Detecta 19 patrones diferentes, toma las proyecciones de Fibonacci tan en serio como usted, muestra la zona de reversión potencial (PRZ) y encuentra niveles adecuados de stop-loss y take-profit. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Detecta 19 formaciones de precios armónicos difer
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POWR Trend Trader
POWR Trend Trader
Trade Indicators LLC
Our most popular indicator in our fleet of indicators. The POWR Trend Trader is the highest grossing manual strategy for trading on the market today. This indicator is upgraded with more Profit Points and also introduces Re-Entry alerts. The POWR Trend Trader (PTT) is our premier indicator! What this indicator can do for your profits is staggering! HOW TO USE The POWR Trend Trader has a Master Trend Meter at the bottom of the chart. We actually re-coded the main indicator that turns your candle
387 USD
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Fractal Pattern Scanner MT4
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Young Ho Seo
Breakout Trading and Reversal Trading Fractal Pattern Scanner will do the complicated calculation at background. However, it provides simple trading operation. The Mother Wave pattern will provide you breakout trading opportunity. When the price crosses the breakout line, there is a good chance to catch profit from this breakout. The good thing is that it also provides the potential reversal price level as soon as the breakout pattern is detected. In summary, you use breakout for the first prof
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Excessive Momentum Indicator MT4
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Volume Spread Pattern Indicator MT4
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Young Ho Seo
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Precision Support Resistance MT4
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Young Ho Seo
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Advanced Price Pattern Scanner MT4
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Young Ho Seo
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Sideways Market Statistical Analyzer MT4
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Notable period of Low volatility and non-trending movements in the financial market is considered as Sideways Market. Sooner or later, the low volatility will increase and the price will pick up a trend after Sideways Market. In terms of trading point of view, Sideways Market can serve as the very good entry timing for traders. Sideways Market is also quite often the representation of accumulation of large orders from big investors. Therefore, knowing the presence of Sideways Market can help you
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EFW Pattern Trader MT4
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Young Ho Seo
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X3 Chart Pattern Scanner MT4
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Pair Trading Station MT4
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Sideways Market Statistical Analyzer MT5
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Harmonic Pattern Plus MT4
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X3 Chart Pattern Scanner MT5
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Price Breakout Pattern Scanner MT5
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Ace Supply Demand Zone MT4
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Young Ho Seo
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Harmonic Pattern Plus MT5
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Excessive Momentum Indicator MT5
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Ace Supply Demand Zone MT5
Ace Supply Demand Zone MT5
Young Ho Seo
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Turning Point Detector MT4
Turning Point Detector MT4
Young Ho Seo
The trajectories of Financial Market movement are very much like the polynomial curvatures with the presence of random fluctuations. It is quite common to read that scientist can decompose the financial data into many different cyclic components. If or any if the financial market possess at least one cycle, then the turning point must be present for that financial market data. With this assumption, most of financial market data should possesses the multiple of turning points because they consist
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Mean Reversion Supply Demand MT5
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Young Ho Seo
Supply Demand with Mean Reversion Concept The concept of supply demand trading rely on the quantity mismatching between buying and selling volumes in financial markets. To typical traders, supply demand zone serves as the turning point. When we looked at its original concept, we have found that the original supply demand trading can be performed better at mean reversion period rather than trend period. For the demonstration of this concept, for any supply demand zone to work as an successful tra
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Volume Spread Pattern Detector MT5
Volume Spread Pattern Detector MT5
Young Ho Seo
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
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Volume Spread Pattern Detector MT4
Volume Spread Pattern Detector MT4
Young Ho Seo
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
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Elliott Wave Trend MT5
Elliott Wave Trend MT5
Young Ho Seo
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
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Fractal Moving Average Indicator MT5
Fractal Moving Average Indicator MT5
Young Ho Seo
Fractal Moving Average and Fractal Pattern Indicator Fractal Moving Average indicator was designed as part of Fractal Pattern Indicator. Inside Fractal Pattern Indicator, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indi
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Peak Trough Analysis Tool MT5
Peak Trough Analysis Tool MT5
Young Ho Seo
Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
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Filtro:
Nicolas Dobrovsky
276
Nicolas Dobrovsky 2020.12.16 08:13 
 

I was expecting something better. bad communication with the developer, not responding. indicator is very expensive, I do not recommend

majed237
122
majed237 2020.03.30 06:07 
 

I can not find any signal in chart iwont return my money

Khalid Albarrak
905
Khalid Albarrak 2018.11.09 17:00 
 

good

ioricool
621
ioricool 2017.09.09 15:53 
 

Spent 600 dollars to buy Young Ho Seo several indicators, before finding the problem, to find Young, Ho, Seo communication, he will send a lot of PPT to you, I seriously spent 1 months to read, and the problem is still unsolved! I think a lot of websites, $1-20, can do that. I think it's a waste of money. The reason for the loss of confidence in the Young Ho Seo is the greater the signal he sees. The index would not have made such a bad EA signal if it were really helpful!https://www.mql5.com/zh/signals/103405

Andres Meza
532
Andres Meza 2017.03.28 19:25 
 

Outstanding tool for counting waves. A must buy.

Alfredo Sabatini
386
Alfredo Sabatini 2017.01.07 20:21 
 

El usuario no ha dejado ningún comentario para su valoración

nguyenphanduc
220
nguyenphanduc 2016.08.29 18:11 
 

Perfect tool to count wave.

Great profit for me.

Thanks Young Ho Seo very much :)

https://www.mql5.com/en/charts/5696670/usdchf-h1-teletrade-dj-international

braveamit
43
braveamit 2016.06.23 17:37 
 

El usuario no ha dejado ningún comentario para su valoración

Respuesta al comentario
Versión 11.3 2019.12.20
In Version 11.3, We made some improvement on your wave counting. Now you can immediately delete Wave patterns by clicking circle button in the indicator window. Hence, it is much easier to count Elliot Wave.
Versión 11.2 2019.01.01
In Version 11.2, We have added Support and Resistance Zone detection using Superimposed Pattern Principle (Reference: Scientific Guide to Price Action and Pattern Trading - Wisdom of Trend, Cycle and Fractal Wave)
Versión 10.6 2018.07.31
In version 10.6, Elliott Wave Trend can scan Turning Point Strength for multiple timeframe (MTD = Multiple Timeframe Pattern Detection). Please note that MTD can take heavy computation and it can slow down your MetaTrader and your computer.
Versión 10.1 2018.05.03
In version 10.1, you have all types of the template shown instead of 1 type of templates.
Versión 9.7 2018.03.28
In Version 9.7, user can save and load the wave counting.
Versión 8.1 2017.05.19
In Version 8.1, we have made a really small change. In version 8.0 we have omitted Wave template feature for some reason. Now we have put the wave template feature again in our version 8.1. This is a really minor change and it does not affect most of you.
Versión 8.0 2017.05.10
In version 8.0, you can label ABCDE wave pattern. The automatic feature involves drawing the ABCDE envelop line for your own convenience.
Versión 7.3 2017.02.02
In Version 7.3, We have added Invalidation Check Box for Wave 2 and Wave 4 and We have added the range defined for flat and triangle corrective wave.
Versión 7.0 2016.12.21
We have made a minor update in our Elliott Wave Trend for Version 7.0 from previous version 6.8.

Instead of showing only Impulse Wave Structural Score, we show both Impulse Wave and Corrective Wave Structural Score.

When you identify impulse Wave (trend), Impulse Wave Structural Score must be greater than Corrective Wave Structural Score, or at least the Impulse Wave Structural Score must not be marginally smaller than Corrective Wave Structural Score assuming Impluse Wave Structural Score is greater than 80%.
Versión 6.8 2016.12.14
In version 6.8, we have made quite a lot of changes to our Elliott Wave Trend. Therefore, we have changed quite a lot of our product description too. Overall, we made quite a lot of automation performing the analysis techniques of Professional Elliott Wave Traders in version 6.8. Fully automatic labelling feature and channelling techniqures are also added to our version 6.8.
Versión 5.1 2016.06.14
In version 5.1, Two additional buttons are added to our Elliott Wave Trend tool

1. "Save" button: Now user can save the best parameters. So once he saved the best parameters, every time, he load chart, he will see the best parameter setting. If you want to remove the best parameters sets. Simply open MQL4 (or 5) Data folder, then open Files folder and then open "EWT" folder. All the save parameters are located here. If you delete these files. Elliott Wave trend will not load these parameters any more.

2. "BT" button: now user can click "BT" button to remove all the buttons from your chart. It is good if you want to have more space on your chart.


3. More improved prediction and wave detection engine. Comparing to previous version, now Elliott Wave Trend tools are more accurate and use less computation.