indicator Elliott Wave ProphetAs the name implies, it is intended for traders who use in their trading Elliott Wave Pattern.
Elliott Wave Prophet indicator plots already formed waves (the number of initial waves is set by the trader, by default = 3) and landmarks of potential movements on the price chart of the currency pair. The information is duplicated in text form in the upper left corner of the chart.
For the trader's convenience, the indicator has the possibility of successive pulling of waves in manual mode, if the automatic construction did not suit the trader in some way. In this case, the Elliott Wave Prophet indicator will independently generate potential waves based on the new values.
According to ForTrader.org experts, Elliott Wave Prophet indicator will be useful for defining impulse and correction waves, identifying wave cycles and key levels.