Just testing with the new features released with Motivewave version 2.4. I should i have to say that this time motivewave had come with more innovative features like Elliott Wave Study – The Auto Analyze feature , Point & Figure Bars, GANN Enhancements such as Pyra Points and Cross Square.
(Disclaimer : The above chart shown is for study purpose only and not for trading decision)
Out of that what impressed me is Elliott Wave Study – The Auto Analyze feature. Check out the sample nifty spot hourly charts with auto elliotwave study. Definitely Elliot wave lovers will fall in love with this feature.
New Studies introduced in motivewave 2.4
Elliott Wave Study – The Auto Analyze feature implemented as a study (Study>Overlays>Elliott Wave). Note: waves generated in this study are read only and will be automatically updated on new bars
Chartmill Value Indicator
DMI Stochastic
Multi Level Indicator
Sector Rotation Model
Spearman Indicator
TMV (Trend Momentum Volatility Volume)
Smoothed Rate Of Change – Rate of Change Study based on a Moving Average instead of the closing price
Volume Zone Oscillator
more motivewave feature information can be found here
Related Readings and Observations
The post Motivewave 2.4 now with Auto Elliotwave Study appeared first on Marketcalls.