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General Information :

ELWAVE's analysis is a true Elliott Wave model not just a momentum model and of superior quality. Objective, detailed and very fast analysis!

It presents a crystal clear outlook in its Summary Inspector. Because of the power of this Summary it is no longer necessary to evaluate every alternative. Nevertheless you can still investigate every single wave count in everywave degree if you like.

The most important indicators are supported. comes with all Elliott tools: channels, indicators, Fibonacci time and price targets, Golden spiral.

Fibonacci analysis on time as well as price. Projects very specific targets, displaying a target range per alternative, while the "Target Zones" display targets as supported by every alternative.

Trade simulator is included for manual simulation. Results of your trading strategy can be shown with a press on the button.

Unequalled educational value! The Wave inspector gives complete information or summary on every pattern, which is unmatched

You can define your own wave count and have ELWAVE analyse it or check it partially

Testing trading strategies is now easy with the Trade simulator. Walk through the chart bar by bar, without knowing what the future brings and enter your trades easily. When you are finished ELWAVE will make a summary of the result. Every trade will be shown in the chart.

We have developed a special proportion Fibonacci and swing filter,which groups waves of the same degree together. It will combine time and price lengths of waves and will recognize that a sharp wave 2 connects to a flat wave 4 that has very little retracement. This way ELWAVE will determine relevant multiple time frames by itself, where every wave degree represents a time frame.

ELWAVE shows all Fibonacci time as well as price relationships of patterns in the Wave inspector, if they exist, and takes this into account when calculating scores

Special logarithmic indicators for long term analysis