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Elliott Waves Indicator – indicator MetaTrader 4

March 6, 2024 by

Elliott Waves Indicator - indicator for MetaTrader 4

Author: Vladimir Hlystov The indicator doesn’t draw the Elliott waves, but it helps you to define them. Lets consider how does it works: 1. The WAVE. The first, you should draw any trend line using Fractals and define its name it in the following form : “1<space>*****”, for exampe: “1 wave“. After the first tick, … Read more

EW Elliott Wave Easy Counter Script – script MetaTrader 4

March 3, 2024 by

EW Elliott Wave Easy Counter Script - script for MetaTrader 4

Overview This simple script enables you to do basic Elliott Wave counts in MetaTrader 4 by simple drag and drop. The program automatically keeps track of what wave you are on, so there is no need to mess with annoying text objects. Make sure to check out the Chart Object Removal Tool if you plan … Read more

Calculation of the 3-rd Elliott wave – script MetaTrader 4

February 29, 2024 by

Calculation of the 3-rd Elliott wave - script for MetaTrader 4

Presented is the script for the calculation of the third Elliott wave based on the algorithm suggested by Bill Williams in his book “Trading Chaos”. (Comment to the figure 7-15 in this book) This script uses the standard OBJ_EXPANSION object (Fibonacci extension) In order to start the calculation it is necessary to move first coordinate … Read more

Draw Elliott 5 waves – script MetaTrader 4

February 28, 2024 by

Draw Elliott 5 waves - script for MetaTrader 4

Draw Elliott Waves (5 waves) manually. 1. Navigator Window (Ctrl + N), execute this script (double click) on chart. 2. It shows “0 1 2 3 4 5” (Blue) on the left of chart. Double click at number 0->5, then drag them to possible positions. 3. Unselect all (right click at any number 0-5), 4. … Read more

Elliott Wave Oscillator – indicator MetaTrader 4

February 28, 2024 by

Real author: Hossein Nouri hsn.nouri@gmail.com An oscillator to help you confirm your Elliott waves counting (doesn’t count the waves automatically) Different bar colors for noticing trend change Capable of drawing moving average in indicator’s window All options are customizable Alert settings Elliott Wave Oscillator – indicator MetaTrader 4

Elliott Wave Oscillator – indicator MetaTrader 5

February 28, 2024 by

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Elliott Waves Indicator – indicator MetaTrader 4

EW Elliott Wave Easy Counter Script – script MetaTrader 4

Calculation of the 3-rd Elliott wave – script MetaTrader 4

Draw Elliott 5 waves – script MetaTrader 4

Elliott Wave Oscillator – indicator MetaTrader 4

Elliott Wave Oscillator – indicator MetaTrader 5