Elliott Waves Indicator

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Elliott Waves Indicator

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*****”, for exampe: “1 wave“. After the first tick, or if you don’t want to wait for it, update it using the right mouse button you will get the picture like this:


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