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Elliot Waves Analyzer Pro

2.67

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. 


Comentarios 5
Dunstan Wafula Namusonge
851
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.

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The SuperTrend MTF indicator is an excellent trend tracking indicator . It can not only display SuperTrend trends within the timeframe of the chart, but also set up to display SuperTrend trends for larger time frames simultaneously . This will be beneficial for grasping trends at a larger time scale and predicting future trends . At the same time, the price of the trend line can also be displayed at a glance, making it easy to observe. Input parameters :  ATR period used at chart timeframe 
'CyberBot Project" is a cutting-edge product with a hybrid formula of "ALGO~VX7", the first in the MQL5 market > It's got a high-level mastermind algorithm that gives u Multi Indicator + 5 Ossillators all in one. With the ability to analyze 8 Pairs + 8 Timeframes + 8 Shadows at once, including Pivot, Support, and Resistance functions, it gives individual traders pro-level tools. Super practical + powerful, for everyone from newbies to pros. No theory needed, it's all real "wysiwyg" -- the subco
Smooth price for Monarch
Konstantin Gruzdev
5 (1)
The Smooth Price technical indicator is used for plotting a smoothed line as close to the price of the financial instrument as possible, and serves to eliminate its noise components. The indicator is part of the Monarch trading system, but here it is presented as an independent technical analysis tool. The indicator is based on the cluster digital filter , which, unlike the ClusterSMA , is applied directly to the price time series. Smooth Price does not redraw (except the very last, zero bar) an
Otros productos de este autor
Elliot Waves Analyzer
Viktor Weidenthal
3.25 (4)
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. 
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
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Chris
288
Chris 2023.04.28 19:59 
 

Nett, aber zu wenig oder keine Einstell- und Eingreifmöglichkeiten und daher für mich zu unübersichtlich.

nawafalazemi
454
nawafalazemi 2023.01.25 21:04 
 

why don not make any discount

Dunstan Wafula Namusonge
851
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
301
Ehsan 2021.06.04 11:29 
 

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

autovolk
847
autovolk 2021.02.09 23:07 
 

El usuario no ha dejado ningún comentario para su valoración

Respuesta al comentario
Versión 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

Versión 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