The Elliott Wave Count Indicator MT4 is a pattern indicator for MetaTrader 4 designed to identify and count Elliott Wave patterns directly on the main chart. This indicator plots the five impulse waves of a trend, providing clear visual cues for the potential formation of corrective waves. Highly customizable, with additional alert options, this indicator is an essential tool for traders using the Elliott Wave trading strategy in their technical analysis.
This indicator is suitable for traders of all skill levels and across all time frames. Its versatility extends to trading multiple currency pairs within any forex trading system or strategy, for identification of Elliot wave pattern.
Indicator Settings
How to Install Elliott Wave Count Indicator MT4
Download and extract files in the MetaTrader “Indicators” Data Folder found in the Main Menu File section:
The “Indicators” folder is located in the “MQL4” folder.
Restart MetaTrader Platform.