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Elliot Waves Analyzer Pro

3.67

Elliot Waves Analyzer Pro

calculates Elliot Waves to Help Identify Trend direction and Entry Levels. Mainly for Swing Trading Strategies.

Usually one would open a Position in trend direction for Wave 3 or a Correction for Wave C .

This Indicator draws Target Levels for the current and next wave. Most important Rules for Elliot Wave Analysis are verified by the Indicator. 

The Pro version analyzes Multiple Timeframes and shows the Subwaves and Target-Levels.  

For an Overview  "Elliot Waves Analyzer" (Non pro) is freely available but shows only One TimePeriod. 

If The Analyzer is run first Time on a Chart it can take a long time for first Claculation as it may Require a Download of additional History. In rare cases a Timeout can occur : You need to wait for a new Bar or re-add the Indicator, to get actual Data. 

Settings: 

Limit MaxBars used for calculation. (default 8000) 

Show Wave Data at IndikatorButtons (default: true) shows Buttons at Bottom with Info about current Wave . Hover on the Button to see additional Info about the current Wave. Color changes if TradeZone. Click on Button to Change TimePeriod

RedrawWaves on every Calcevent (default: false) enable only if waves are not shown as expected. May Slowdown the Terminal due to very frequent redrawings. 


Additional Feature for Delevopers who want to use this Indicator in a EA: 

Custom Event is generated ( ID 100 ) as soon as a Target(Trade)Zone is Entered. 

laparm Contains tradeDirection:  1 =Long 2 =Short 

dparam Contains WaveNumber (as Integer)

sparam Contains TimeFrame where the Event is generated (as integter) 

e.G.: Period_M1 is the Smallest Subwave

Custom Event (ID 101)

if lparam is true this is identified as a NO Trade Zone where Signals in different Timeframes are conflicting. 


Recensioni 4
Dunstan Wafula Namusonge
701
Dunstan Wafula Namusonge 2022.04.23 07:23 
 

A leading indicator, very accurate for projecting trading zones and trading targets. One needs to focus on the horizontal lines for your preferred timeframe. The author has room to improve on the indicator to colour code minimum and maximum targets and make clear impulsive and corrective price movements.

autovolk
777
autovolk 2021.02.09 23:07 
 

Понравился,хорошая работа.

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Nostradamus is a powerful indicator from the set of professional trader. The indicator is based on Andrei Spiridonov's original price calculation method (ESTIMATED PRICE) for the current candle price. Advantages of the indicator The indicator does not redraw. It works on any timeframes. Works with any trading instruments. Perfectly suitable for scalping and trading binary options. Parameters ESTIMATED PRICE - indicator line color. Color - color of the ESTIMATED PRICE FUTURE line. How to wo
1 800 USD
Splash MT5
Pavel Verveyko
The indicator identifies the most suitable moment for entering the market in terms of market volatility, when the market has the strength to move (the signal is indicated by an arrow under the candle). For each of the signals, the presence of trends on the current and higher timeframes is determined, so that the signal is in the direction of the majority of positions opened on the market (denoted near the signal by abbreviations of timeframes with a trend present). The signal appears after the c
234 USD
Currency Index Watcher is a simple and user-friendly tool for whoever wish to trade Forex using currencies indexes. Currency Index Watcher is configurable and usable directly from the panel. Indexes of 8 custom currencies EUR, USD, GBP, JPY, CHF, AUD, CAD, NZD (default) Any 3-chars symbol from your market watch could be used (BTC = bitcoin, RUB = ruble, CNH = yuan etc ...) : double click the symbol label  Ability to select which currencies and made-of pairs will be analyzed : check/uncheck want
360 USD
SmartTrendMt5
Andrey Spiridonov
The SmartTrendMt5 trend indicator generates signals based on the principle of combined analysis of calculated reference points within the Keltner channel. The indicator plots the Keltner channel in a separate window (by default, red lines and a blue line - the middle of the channel), and also draws the histogram of calculated reference points for each candle (by default, the histogram bars are yellow). The should be attached to a chart of any timeframe and any trading symbol in the usual way.
450 USD
Altri dall’autore
Elliot Waves Analyzer
Viktor Weidenthal
2 (2)
Elliot Waves Analyzer  calculates Elliot Waves to Help Identify Trend direction and Entry Levels. Mainly for Swing Trading Strategies. Usually one would open a Position in trend direction for Wave 3 or a Correction for Wave C . This Indicator draws Target Levels for the current and next wave. Most important Rules for Elliot Wave Analysis are verified by the Indicator.  This free version is limited for Analyzing one Timperiod Waves. Waves are Shown only in PERIOD_H4 and above. Not Useful for Intr
FREE
This Tradepanel is an Utility for Traders Who want ot use Basic MoneyManagement for Calculation of Lotsize  I have created the basic edition only to give an Overview with Limited Functionality Full Features are available with  Auto TradePanel  Pro. (This is Only Because it can not be Tested in Strategy Tester ).  Complete Description is available at  "Auto TradePanel Pro".  in This Version Basic Functionality ( Calculation of Lotsize ) open /close Positions is working in the same way as in Pro
FREE
Sets and Updates  Fibo-Retracemnet-Levels for Multi Timeframes.  Helps to Find TradeZones combined over Multi-Timeframes.  M1 M5 M15 H1 H4 D1 are analyzed and shown.  Color Changes as soon 161 and 261 Retracements are reached to visualize possible Targets/ TakeProfit Zones .  No Settings for Indicator available . Fibonacci retracements are set using a fixed Logic. 
30 USD
AutoTradePanel Pro
Viktor Weidenthal
This Tradepanel is an Utility for Traders Who want ot use Basic MoneyManagement for Calculation of Lotsize and have Some automated Functions. Auto Stoploss and Auto Takeprofit are available.  BE AWARE: This Panel does not work in StrategyTester a Demo "Auto TradePanel Basic" Version is available to get an Overview.  The Tradepanel Calculates Lotsize based on RiskFaktor and checks if Marginrequirement is met . Each Position is Opened with a StopLoss, defined in percent. if a Position already exis
100 USD
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nawafalazemi
439
nawafalazemi 2023.01.25 21:04 
 

why don not make any discount

Dunstan Wafula Namusonge
701
Dunstan Wafula Namusonge 2022.04.23 07:23 
 

A leading indicator, very accurate for projecting trading zones and trading targets. One needs to focus on the horizontal lines for your preferred timeframe. The author has room to improve on the indicator to colour code minimum and maximum targets and make clear impulsive and corrective price movements.

Ehsan
89
Ehsan 2021.06.04 11:29 
 

no answer from the developer, by the way the indicater is bullshit!

autovolk
777
autovolk 2021.02.09 23:07 
 

Понравился,хорошая работа.

Rispondi alla recensione
Versione 1.2 2021.03.02
Optimization: Changed when Waves are redrawn.
added Setting to define if Waves redraw should occur on every OnCalculate Event (Default Only When ChartPeriod Changes or new data is available or a Wave changes)
New Feature:
Show Status for Waves as Buttons at Bottom. can be disbaled in IndicatorSettings

Versione 1.1 2021.02.11
Minor Bugfix : Fixed an Issue where Drawing may fail if more than One Chart is open with same Symbol
Added Option to Limit Maxbars