ELWAVE, the ultimate trading and learning tool for the
Elliott Wave Principle.
Our investment software ELWAVE is dedicated to the Elliott Wave
principle, the most powerful trading method in existence, enabling you to make
uncanny forecasts.
First of all our software provides objective (Elliott Wave) forecasts that
really matters: the best!
The Automatic version of ELWAVE combines the best of two worlds,
giving a detailed, high quality Elliott Wave analysis while maintaining complete
flexibility, to accommodate expert users, allowing them to adjust and saving
every analysis.
Unique features:
our
analysis is a true Elliott Wave model not just a momentum model and of
superior quality.
clearly
presents favored outlooks
We
present the best alternative first, but in addition other important
alternatives can be studied, which gives valuable information on risk and
probability. It has been proven to be very risky to focus on just one preferred
scenario, this way for example predicting a bear market for years, while instead
the biggest bull market of all times could develop. Our software will alarm you
very clearly.
ranks
alternatives according to probability, determined by both price and time
Fibonaccis, guidelines, patterns, validity of internal wave structure etc.
our
Wave inspector gives complete information or summary on every pattern,
which is unmatched
our
analysis is very fast, ELWAVE can analyse 100 years of Dow data in
under 2 minutes, 3 wave degrees deep using a medium speed computer (Pentium
100mhz).
ELWAVE has no limits in analysis depth, apart from the 9 degrees
available.
ELWAVE labels the WHOLE chart, not just the latter part and does so
very quickly, important because the total picture determines the score of a
pattern
using ELWAVE you can analyse any section of the chart, without the
need to re-analyse the whole chart again. This means that intra day analysis
can get updated within a very short time span, mostly between approx. 30 secs
and 2 minutes depending on computer speed and complexity of the analysis
if
you wish you can define your own wave count and have ELWAVE
analyse it or check it partially
you
have available 2 sets of rules, one implementing the Classic rules
containing very strict Elliott interpretation and the Modern rules that include
all our knowledge acquired in more than 10 years of research. These rules will
have a different set of trading signals as well. The Modern rules contain more
aggressive rules.
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
the
Fibonacci pane shows all Fibonacci ratios of the selected wave and its sub waves
at once, which can be used with a manual wave count.
projects
very specific targets, displaying a target range and most likely targets.
very easy navigation of the chart by using the Wave tree, automatic
adjustment of detail, zoom in etc.
we
offer complete insight and transparency, since almost all rules and
guidelines for each pattern are listed.
comes
with all Elliott tools: channels, indicators, Fibonacci time and price
targets, Golden spiral
clicking on a rule or guideline will show it in the chart, the path a
pattern will follow is shown in the chart as well as targets
supports
special Elliott charting styles and oscillator
Special
logarithmic indicators for long term analysis
ideal
for intra day traders, ELWAVE can read extremely large files, in
Metastock 60.000 data points, around 200 years of daily data. In ASCII there are
NO limits, tick files of 500.000 ticks or data points are no problem (as long as
there is enough memory or hard disk space). A real time link is available using
a DDE link, provided your data vendor supports this the use of a DDE link
complete flexibility, you define screen layout as you like, load several
screens etc.
easy
to learn and a pleasure to use
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 Windows 95/98 and NT.