Tool
Elliott Wave Object
object.elliott
Inputs
Wave point 1 / (A).
Wave point 2 / (B).
Wave point 3 / (C).
Wave point 4 (five-wave impulse only).
Wave point 5 (five-wave impulse only).
Outputs
A chart-object sink — it draws on the terminal chart and outputs nothing. Nothing can be wired from it.
Elliott Wave Object labels an Elliott wave over the anchor points: the five-wave impulse (1)–(5) or the three-wave correction (A)(B)(C).
How it works
Wire the wave points in order: 'point_a' through 'point_c' for a correction, plus 'point_d' and 'point_e' for the impulse. On MetaTrader 4 (no native Elliott objects) the wave renders as text labels joined by trend-line connectors. Single placement follows the latest confirmed pattern; stamped keeps one wave per confirmation.
Modes
Mode options
The five-point motive wave over five anchors.
The three-point corrective wave over three anchors.
Placement options
One object per confirmed anchor, oldest removed beyond the cap.
One object that follows the latest confirmed anchor.
Line style options
An unbroken line.
A dashed line. Width above 1 forces solid — a platform rule.
A dotted line. Width above 1 forces solid — a platform rule.
Alternating dashes and dots. Width above 1 forces solid.
A dash followed by two dots. Width above 1 forces solid.
Configuration
Wave shape: the 5-point impulse or the 3-point correction.
How the object tracks the anchor stream: 'stamped' leaves one object per triggering bar (capped by max_objects); 'single' keeps one object moved in place.
Stamped-placement cap: the oldest object is removed once more than this many are on the chart (FIFO).
Object color (#rrggbb).
Line / border / glyph width in pixels.
Line pattern. The MQL platforms force solid when width > 1.