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Elwave Trading Software 
Quantity in Basket: None
Code: ELWAVE
Price: $80.00
For intraday the UDS Service Feed is necessary, US $39.00 per month (only $20.00 per month with Regular Service Contract, free with Premium Service Contract). Fee will be charged every three months via Prognosis. Service Contract Regular - Includes upgrade to current version. Yearly renewal cost is $195.00
Service Contract Premium - Includes upgrade to current version. Yearly renewal cost is $295.00
Intra day - ELWAVE Basic only reads end of day data. The Intra day module reads intra day data as well, so using this version you can inspect your daily or intra day charts down to every tick. The Intra day module also supports a real-time data feed using a so called DDE link, if supported by your data vendor. The fact that ELWAVE can read extremely large data files is very convenient for intra day data. It allows you to zoom in from the big picture to the smallest detail.
UDS Server Feed - Provides direct integration with eSignal, Quote.com, Realtick & Tenfore, FX trek, et cetera.
Automatic - The Automatic module first of all clearly presents a preferred forecast. In addition, it combines the best of two worlds, giving a detailed, high quality Elliott Wave analysis automatically, while maintaining complete flexibility, allowing users to adjust and save every analysis. You may also use your own count as a starting point for automatic analysis or have ELWAVE analyze a specific section of the chart. What's more, it is the only Elliott Wave software that tells you exactly why a particular wave count is preferred, comparing scores of alternatives and showing all rules and guidelines that apply. It comes with 2 different sets of rules, Modern and Classic. The Classic rules define the patterns as Elliott himself, while the Modern rules incorporate the latest extensive research and newly found patterns.
Automatic - Trading Signals The Trading Signals module will automatically signal and give valuable feedback on trading opportunities from the patterns that have been validated by ELWAVE Automatic. Key features: The Summary inspector displays concise information on multiple timeframes, enabling you to spot trading opportunities in an instant. Among other things, the Summary inspector shows the Trend, the Advice (Buy, sell, hold) the Exit level, the expected Reward as well the Risk Reward on several time frames. If for example 3 consecutive time frames show a clear Buy, get ready for an acceleration! In view of the information onmultiple time frames, signals for patterns in patterns are supported. The Trading Signals window presents trading signals for all patterns found Trading opportunities are indicated in the Trading Signals window depending on the progress of a pattern, each pattern will indicate specific expected entry and exit levels, which are different for every wave of the pattern At the same time and according to the same method, expected stops are indicated for waves in every pattern in the Trading Signals window The Alert inspector will warn you as soon as critical levels are broken and, if necessary, it will update the analysis automatically The Alert inspector lists the signals that have been detected during checking of trading signals Details on triggered trading signals, such as which wave and which rule, can be inspected by expanding the Alert inspector window If a real-time feed has been enabled, ELWAVE will automatically check the incoming ticks and update the analysis if critical levels are broken. The software exaclty knows what section of the chart needs to be reanalysed, therefore there is no need for analysing the whole chart again, which saves precious time. A powerful simulation feature enables you to truncate price data, make an analysis at any point in time and add data to the chart step by step (not in working demo) Target Clusters Example of features in the Target Clusters module: Target zones Combines Fibonacci time and price targets in combination with wave count alternatives to project an expected path for future price movements. In addition hot spots are visualized in the chart which show high probability target zones where prices are expected to travel to. Time clusters Now Fibonacci time clusters can be displayed in an indicator pane. These clusters project sensitive time periods where important reversals are more likely. The more clusters near a specific date the better the chances that the market will reverse from a top or bottom. These time clusters can be based on the patterns found by the automatic Elliott analysis or on a user defined swing filter and Fibonacci ratios. It is a very interesting research tool for determining at what point in time important changes can occur.
Service Contract Regular - Prognosis is one of the major players in the field of technical analysis software and especially Elliott Wave software. Owners of a service contract are entitled to multiple benefits which we have listed below. Updates for free Software developers at Prognosis are always working on smaller or larger improvements of the software, enhancements as a result of user requests or development of new modules. You are entitled to the latest version at any time either by downloading it from the website or by having it sent by normal mail (shipping costs apply). For new modules discounts apply, see next paragraph. Discounts of 25% on new ELWAVE modules Prognosis introduces new modules regularly, normally once a year. As a Service contract holder you are entitled to a discount of 25% on those new ELWAVE modules that can be purchased for a one time fee. This applies only to ELWAVE modules that were released after your subscription started. Additionally you are entitled to a discount of 15% on software or services that are sold based on a periodical or subscription fee. Periodical information on new tips and tricks in using the software Service contract holders will receive tips and tricks periodically by email.We will keep you updated on new developments, give answers on most common questions as well as strategies on using ELWAVE. Unlimited email support Being a service contract holder our helpdesk will answer your questions within 24 hours (Monday to Friday) and you will be the first to receive support. Customers who do not have agreed to a service contract will receive free support only during the first 2 months after purchasing the software. Price The contract will run for one year. On a yearly basis the cost of the regular service contract is US$ 195 / € 195. The service contract will be renewed automatically after one year without prior consent of the customer. Discontinuation of the service contract is required in writing 2 months before the end of the calendar year. If not discontinued timely the customer agrees to extending the contract and grants Prognosis the right to charge the credit card of the customer without prior permission.
Service Contract Premium - Service contract Premium (international) Prognosis is one of the major players in the field of technical analysis software and especially Elliott Wave software. Owners of a service contract are entitled to multiple benefits which we have listed below. Updates for free Software developers at Prognosis are always working on smaller or larger improvements of the software, enhancements as a result of user requests or development of new modules. You are entitled the latest version at any time either by downloading it from the website or by having it sent by normal mail (shipping costs apply). For new modules discounts apply, see next paragraph. Discounts of 40% on new software modules Prognosis introduces new modules regularly, normally once a year. As a Service contract holder you are entitled to a discount of 40% on those new ELWAVE modules that can be purchased for a one time fee. This applies only to ELWAVE modules that were released after your (uninterrupted) subscription started. Additionally you are entitled to a discount of 25% on software or services that are sold based on a periodical or subscription fee. Extra copy of ELWAVE As a special service to Premium contract holders Prognosis will provide an extra dongle (hardware key) at a one time fee of only US$ 100, which you can use on your second computer for the duration of the premium service contract. No need to change dongles at any time, the possibility to run 2 computers simultaneously and having available a backup dongle all the time. Upon termination of the premium service contract the right to use the second dongle will end. Periodical information on new tips and tricks in using the software Service contract holders will receive tips and tricks periodically by email.We will keep you updated on new developments, give answers on most common questions as well as strategies on using ELWAVE. Unlimited email support Being a service contract holder our helpdesk will answer your questions within 24 hours (Monday to Friday) and you will be the first to receive support. Customers who do not have agreed to a service contract will receive free support only during the first 2 months after purchasing the software. Price The contract will run for one year. The cost of the premium service contract is US$ 295 / € 295 per year. The service contract will be renewed automatically after one year without prior consent of the customer. Discontinuation of the service contract is required in writing 2 months before the end of the calendar year. If not discontinued timely the customer agrees to extending the contract and grants Prognosis the right to charge the credit card of the customer without prior permission.
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