Exclusively from Orbex
The first of its kind
Indicator on Metatrader 4
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of our exclusive Elliot Wave Indicator e-book.
The Exclusive Orbex MT4 Elliott Waves Indicator
Using the Elliott Waves indicator when trading the financial markets will help you to identify strong signals such as: trend reversal, trend continuation, and consolidation.
Register to receive your very own exclusive Orbex Elliot Waves Indicator, and you’ll be able to:
- Download it directly on the MT4 platform.
- Draw impulse and correction waves on the chart.
- Combine Elliott Waves with Fibonacci Retracements.
- Determine reflection waves with an accuracy of up to 83%.
- Learn the basics of Elliott Waves, and how to use the indicator with an exclusive free e-book!
What are the basics of Elliott Waves?
The basic concept of the Elliott Waves theory is based on the review of the orderly evolution of prices in the form of waves.
How many full cycle waves are there in Elliott Waves?
The full cycle consists of 8 waves, starting with a 5-wave advance and 3-wave retracement.
Can the indicator plot Elliott Waves automatically?
The indicator helps the trader to draw waves, number them and choose their type on all time frames on the MetaTrader 4 platform.
Does the indicator work with any other indicators on the platform?
One of the most important features of the indicator is the ability to integrate it with the Fibonacci indicator and other indicators as well as on the MT4 platform.
Is the Elliott Wave Theory a technical analysis tool?
Applying Elliott Waves is a form of technical analysis. However, the correct application of the theory is the only way to verify the correctness of your wave number.