Stock Market Software Elwave
1/1/1970
Stock Market Software Elwave
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!
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SCREEN SHOT
Below you will find an explanation and a screenshot of ELWAVE which shows the results of the analysis. This is an analysis of the Dow Jones as of November 14th, 2002. Please note that the data file starts in 1900(!), therefore very long term patterns have been analysed
It is simple!
In the window at the bottom of the chart you find the wave degrees or time frames listed in the Summary Inspector window, from the larger time frames to the smallest time frames. The largest time frame is at the top called "CYCLE" which EASI (target indicator) is positive and trend is up. On the same line you will find other information with regard to this wave degree, but the most important news is that it has a very positive reading.
At the lowest position in this window you will find " Minute" time frame which also shows a positive reading.
With one glance you will notice that the chart above, which is a very long term chart of the Dow Jones from November 14th 2002, has a positive outlook. It will get even more positive if the Intemediate and the Primary time frames turn to positive as well!
It looks totally different when the outlook is bearish. The software will tell you without any hesitation. Take a look at the example below, which display an analysis of March 16, 2002 when the Dow started to decline more and more...Now the smallest time frames are NEGATIVE!
This is very much correct looking at the decline that happened thereafter
You can test the outcome in ELWAVE for yourself for any period you like and for any time frame you like to trade
Download:
DOWNLOAD Stock Market Software Elwave
http://hotfile.com/dl/15066117/ee3c794/Elwave.rar.html
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