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Elliott Waves

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+ EW user guide eBook

About the Orbex Elliott Waves indicator

The Elliott Waves indicator was developed by the Orbex Research and Analysis team to help traders identify strong Buy or Sell signals on the price action of any asset, including trend reversals, trend continuations, and consolidations.

When you register to receive your exclusive Orbex Elliott Waves Indicator, you will be able to:

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Trading involves a high level of risk 

Why Choose Orbex

Not ready to trade using Elliot Waves on a live account?
Try our risk-free Demo Account!

Whether you are a beginner looking to learn the ropes of online trading or are just interested in testing your new Elliott Wave indicator in a live market environment before investing with real funds, our Demo Account is the best place to start. Simply register, open an Orbex Demo Account, and put your new EW indicator to the test! 

Trading involves a high level of risk

Frequently Asked Questions

The Elliott Wave indicator can help you identify impulse waves that establish the direction of the trend and corrective waves that retrace the trend. The indicator can also help you measure the strength and duration of each wave, as well as the potential reversal points. The indicator can be applied to any market, timeframe, or trading instrument, as long as there is sufficient price data to form a pattern! 

The indicator can help you draw waves, number them, and choose their type on all time frames on your MetaTrader 4 or MetaTrader 5 platform. 

One of the most important features of the indicator is its ability to integrate it with the Fibonacci indicator and other indicators on the MT4 platform. 

The full cycle consists of eight waves, starting with a five-wave advance and a three-wave retracement. 

Yes, the Elliott Wave theory is a technical analysis tool that can be used to analyze price movements in the financial market. The Elliott Wave theory can help you forecast future price movements, identify trend reversals, and find optimal entry and exit points. 

Trading involves a high level of risk