Free
Elliott Wave
Annotate 5-wave impulse and 3-wave corrective structures on any chart.
What the Elliott Wave does
Elliott Wave lets you place the classic 5-wave impulse (1-2-3-4-5) and 3-wave corrective (A-B-C) structures directly on your chart. Each wave node is a draggable anchor point with a numbered or lettered label. Wave lines connect the nodes automatically. Use it to teach wave theory, mark trade entries at wave 3, or show the full cycle of a completed move.
Included on every plan, including Free.
How to use the Elliott Wave
- Select Elliott Wave from Trading Tools and click to place each wave node in sequence.
- Drag any node to adjust the wave structure. Labels follow automatically.
- Toggle between impulse (12345) and corrective (ABC) mode in the panel.
When to use it
- Annotate a completed 5-wave impulse to show the beginning of a corrective phase.
- Mark wave 3 entry and wave 5 target in a trade plan video.
- Build a full Elliott Wave education video showing both impulse and correction cycles.
Tips
- Use contrasting colors for impulse vs corrective waves.
- Pair with Fibonacci to show wave 3 typically ending near the 161.8% extension.
Related features
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