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Important notice! This indicator does not automatically select waves. This is your job.
Features:
- calculate risk
- calculate position size
- mark Elliott waves
- mark Fibonacci levels
- change object parameters
Input parameters:
- Keyboard shortcuts - enable/disable keyboard shortcuts
- External capital - fill in if you do not keep all your capital in broker account. The risk will be calculated from the sum of the broker account and external capital.
- Select object after create - if true, then every created object will be selected
- Show only on - select on which timeframe created objects will be visible
How it works:
- Specify the parameters: wave degree, color, font size
- Select all waves that you want to mark on the chart
- Click on the chart
Keyboard shortcuts:A - reduce the degree of wave
S - increase the degree of wave
D - increase font size
C - decrease font size
Z - previous color
X - next color
Buttons „Change color” , „Change size” , „Bold” works on the selected objects on the chart.
Use parameter „External capital” if you don’t keep all your money on the broker account.
WARNING: There is no guarantee that the output of this indicator is correct. Use at your own risk.