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ELWAVE
ELWAVE Add-on for MetaStock
Basic
Automatic
Signals & Clusters
Expert Advisor
Scanning
Data feeds/formats
Trade Station
Screenshot
Service Contract
  ELWAVE | Features | Guided Tour | Testimonials | Reviews | FAQ | Get Demo

About ELWAVE

ELWAVE, the ultimate trading and learning tool for the Elliott Wave Principle.
   

Our investment analysis software ELWAVE is a pattern recognition analysis tool based on the Elliott Wave principle. Generally recognized as the most powerful trading method in existence, yet very complex. Now this is within your reach. ELWAVE will do the analysis for you. Fast, reliable, objective and very consistently! And even better, fully automatic.

Over the years ELWAVE has been recogized as the best piece of software of its kind.

Apart from its unique Elliott Wave tools, ELWAVE also offers many other tools, Fibonacci, simulation and charting features, which are meant to be used in conjunction with the Elliott Wave analysis to increase its power even more. You will be surprised!

Even more important:

It presents a crystal clear outlook in its Summary Inspector.

Indeed, cruising on the autopilot of ELWAVE, which will display a crystal clear expectation in its "Summary Inspector", is most powerful. On top of that ELWAVE provides a wealth of information for expert users, who prefer to look at an analysis from every angle.
In addition it supports indicators, channels as well as Fibonacci analysis.

A pleasure to use!

More 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


Our software incorporates state of the art technology using truly object-oriented programming techniques for fast, stable performance and an intuitive user-friendly interface. It has been specially developed for and is fully compatible with all Windows and NT versions.

 
 
Available modules
 

ELWAVE is available in the following versions:

  • ELWAVE basic (supports only End-of-Day data)
  • Upgrade to Intraday module*
  • Upgrade to Automatic module*
  • Upgrade to Trading Signals/Target Clusters module**
  • Upgrade to Expert Advisor module***
  • Upgrade to Scanning module***
  • Upgrade to UDS module****

       * Basic required
      ** Basic and Automatic required
     *** Basic, Automatic and Trading Signals required
    **** Basic, Automatic and Intraday required. Only available on lease basis, check out service contract deals.
    For the current prices go to our orderpage. All prices are for the single module only, excluding VAT and should be added together.

The software is activated online* and comes with three manuals (217 p. in total, multiple languages available) covering how to operate the program, an introduction to the Elliott Wave Principle, a description of valid patterns and how to trade for profits.

*The software used to come with a dongle but with the online activation shipping this is no longer needed meaning saving precious time on first-time purchase and you can start using it rightaway.