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eWavesHarmonics
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harmonic /hɑːˈmɒnɪk/
adjective: of, involving, producing, or characterised by harmony |
A lot more than an indicator ...
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"Overall and in all honesty, this is by far the best trading tool I have used" - verbatim feedback from one happy eWH'er
See what others are saying about it.
See what others are saying about it.
New version for MT5 is now also available.
Please get in touch for a very special deal (including some free MT5 indies) if you're an MT5 user.
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Countless traders have enjoyed the benefits of the original eWaves, since it was first released in 2012. We think you will love eWavesHarmonics (eWH) - it's like a "Swiss Army Knife" for traders, designed to provide all the tools you need to support informed technical trading decisions, on the MetaTrader platform.
There is an old adage in trading, that we firmly believe to be the very best approach: "buy the dips and sell the rallies". With eWH, we have a program that analyses recent price action and provides an at-a-glace view of where corrections might end and where the next impulsive move might go to.
If you've been trying to trade with nonsense buy/sell indicators derived from a multitude of squiggly line indicators, which in turn have just been derived from the up-and-down movement of price, you should find eWH to be a refreshing change. The accuracy at which it often identifies turning points and target prices, sometimes to the exact pip and long before price has got there, can be astonishing at times. Knowing where the big-money buyers and sellers are likely to be waiting and being able to foresee, with a reasonably high degree of probability, when corrective waves have completed, should give you the edge to make trading a profitable endeavour.
eWH is an incredibly powerful trading tool; it is not a simple buy/sell indicator. The program has been designed and coded by real traders, with decades of trading experience, and remains the number one tool for our trade selection.
Click on the buttons below, to get more information about the many features.
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It's like 1-second Elliott Wave counting, based on the Bill Williams' famous approach to using the Awesome Oscillator. eWH labels an impulsive wave as 3; a corrective wave as 4; another impulsive wave with divergence as 5. With this approach, we can quickly spot clear corrective waves and look to buy the dips/sell the rallies. What about Elliott Waves 1 & 2? This is where some simple multi-timeframe analysis comes in. For example, an eWH Wave 3 on the M15 chart, could well be the Elliott Wave 1 on the H1 chart - using that knowledge can enable very early entries on new motive waves, for maximum profitability. |
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By using the waves 3 and 4, eWH automatically computes target zones 1 and 2, for where it thinks price could get to, using Fibonacci Expansion levels It's really good practice to have price targets in mind, before you enter a trade. If you haven't used eWH, or eWaves v1.0, before, you might be amazed at the accuracy of these levels and how often price gets to them. You can choose how you would like the information displayed, from simple text to multiple levels, all at the click of a button. |
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At the click of a button, you can have the Wave 3 Fibonacci retracement levels shown (customisable in the options).. This can be a great aid to identify possible turning points for the Wave 4, and the extension levels can support Wave 5 targets. There is also a button for Fibonacci Time Zones, again using the Waves 3 and 4, to see when a Wave 5 might form. |
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Fibonacci Clusters are formed by looking at multiple retrace/expansion/extension levels, over various swings. The manual drawing of clusters can be a time-consuming and tedious task, not to mention the mess it can leave on your charts. eWH removes all the pain, so you get the gain. Clusters provide incredibly strong price magnets and support/resistance levels. When you get cluster-clusters, you're looking at even more important levels. They all provide terrific confluence to aid with entries, stops and take profit levels. You can have complete control over the way the clusters are drawn, or you can use the 'auto' feature to let eWH do the thinking for you. This feature by itself, makes eWH an extremely powerful tool - in fact, it could be an indicator in its own right. |
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We have developed, what we think, is a unique way of drawing trend lines and, as you might expect, eWH draws them automatically for you. By drawing the trend lines as we do, it's often possible to identify the end of Wave 4 corrections, at times giving incredible R:R trade opportunities. You can set alerts for the auto-drawn trend lines, or tell eWH to alert for breaks of your own manually-drawn lines. |
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Every trader knows about support & resistance levels, right? You'll likely know how much of a tedious task it is to draw them yourself eWH again removes the pain of manual drawing. At the click of a button, you can have eWH draw the S&R levels at the main swing points, using bar closes or wick extremes (set in the options). If you're an M1 trader, you might like to have eWH draw the H1 levels and then see how price later reacts to them. Similarly, draw the D1 levels for trading H1. . |
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if you're not already familiar with supply and demand zones, you might wonder how you ever traded without them, after you've seen just how powerful they are. Supply zones are where the sellers were, and may still be; Demand zones show the buyers. eWH takes a unique approach to drawing these levels for you and, we think, are one of the most important features With the zones displayed, you'll have a far better understanding of why price got to where it did; and why it found support/resistance there too. |
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Big Round Numbers (BRNs) and Big Big Round Numbers (BBRNs) provide a natural target / S&R levels. Nothing complicated, nothing fancy, just well-worth having on your charts - particularly for the BBRNs. eWH can display them with a click of a button, or you can have them on permanently. See the blog post Trading a Falling Knife, for some ideas on how to trade with the BRNs |
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There is so much more to gaps than waiting to see if they will be filled or not. Even the smallest of gaps can tell you about trader sentiment and provide the lowest-possible pip-risk for some fantastic R:R trade opportunities. Certain gaps can even help to predict where price will go to ... simply amazing and definitely not to be ignored. eWH will identify the gaps for you, even those only recently closed, as they'll often provide key support/resistance levels. |
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Harmonic patterns - and other Fibonacci patterns like Wolfe Waves - are drawn from a combination of Fibonacci ratios, connecting 5 points in a move. They can be used to identify 'Potential Reversal Zones' and target price levels. All the patterns have been defined in a CSV file so you can amend any settings, or add additional patterns, as you wish. You can even define new patterns directly from the chart, when you see a sequence of moves that you want to do more research on. eWH will automatically scan for patterns, on your open charts, and draw them for you. You can put eWH into 'test mode' and see how often the patterns appear. If you prefer, you can manually draw patterns using the 'Snap' mode and do D Point projections from the XABC points, to see what patterns might follow. |
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The 'Test Mode' is an incredibly powerful feature of eWH and provides an easy way for you to practice your technical analysis. In Test Mode you can: -
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Exclusive Add-ons for eWH licence holders (MT4 version only, at present)
Object Extender (free) - a script to copy SD Zones, TZ levels, gaps and trendlines so they are visible on other timeframes.
Pivot Confluence (free)- this indicator plots the daily, weekly and monthly pivots, along with daily ATR and/or ADR levels (you choose the period). It then looks for, and highlights, confluence of those levels, or other significant levels, like eWH target zones, S&R, or manually drawn horizontal line. See this blog post.
Wolfe Waves (free)- A separate CSV file with the Wolfe Wave settings is available for download. When a Wolfe Wave pattern is found, the ETA, EPA and 1-3 lines will be displayed.
Wave Finder (nominal cost)- dual-purpose indicator. Shows TZ1 and TZ2 levels from all timeframes on one chart; can also be used as a panel to show the up and down eWH wave counts for all timeframes. See this blog post. and this blog post. .
ABC123 (nominal cost) - on-the-fly Elliott Wave guidance and auto-channel drawing, for impulsive and/or corrective waves, with Fibonacci Expansions levels, providing some very reliable price targets and reversals, particularly for ABC corrections. See this blog post.
Are you looking for something that you think eWH might not already do? Get in touch, using the ‘contact us’ form, and tell us what you would like. If eWH doesn’t already do it, we’ll consider adding it - if there is sufficient demand, of course.
Does eWavesHarmonics work on all timeframes / does it repaint? Please read this blog post.
Object Extender (free) - a script to copy SD Zones, TZ levels, gaps and trendlines so they are visible on other timeframes.
Pivot Confluence (free)- this indicator plots the daily, weekly and monthly pivots, along with daily ATR and/or ADR levels (you choose the period). It then looks for, and highlights, confluence of those levels, or other significant levels, like eWH target zones, S&R, or manually drawn horizontal line. See this blog post.
Wolfe Waves (free)- A separate CSV file with the Wolfe Wave settings is available for download. When a Wolfe Wave pattern is found, the ETA, EPA and 1-3 lines will be displayed.
Wave Finder (nominal cost)- dual-purpose indicator. Shows TZ1 and TZ2 levels from all timeframes on one chart; can also be used as a panel to show the up and down eWH wave counts for all timeframes. See this blog post. and this blog post. .
ABC123 (nominal cost) - on-the-fly Elliott Wave guidance and auto-channel drawing, for impulsive and/or corrective waves, with Fibonacci Expansions levels, providing some very reliable price targets and reversals, particularly for ABC corrections. See this blog post.
Are you looking for something that you think eWH might not already do? Get in touch, using the ‘contact us’ form, and tell us what you would like. If eWH doesn’t already do it, we’ll consider adding it - if there is sufficient demand, of course.
Does eWavesHarmonics work on all timeframes / does it repaint? Please read this blog post.
Get eWavesHarmonics: 12 month licence for just £126
Includes a free short course on how to trade the W4 TLB
You can get access to the full free forex trading course if you have current eWH and ATM licences.
Please read below before clicking the PayNow button ...
The licence details and download link will be sent to your PayPal account email address within 24 hours of purchase; although we aim to respond a lot quicker - check your spam folder if haven't received an email from us within a day.
We also have a Skrill and Neteller option, if PayPal is an issue where you are. Please use the contact-us form to arrange payment with these methods - note that all prices are in GBP, if you choose an alternative payment method...
A single licence allows you to run eWH on one broker account, on as many computers as you wish; or, you can have a PC_Code licence which allows you to run with multiple accounts on the one computer - for the same price. We can change the licence type on request, for no charge. Additional licences will be required if running multiple accounts on multiple computers - a discount is available for additional licence purchases for your own use.
A licence subscription can be ordered after the first year, within one month of expiration, for just £3 per month, payable annually..
Please do your own due diligence before purchasing.. We can't offer refunds or free trials on our digital products so suggest, at the very least, you watch the videos below to see what functions eWH offers and that these meet your needs. This tool is designed to support your trading decisions; aiding your own technical analysis in identifying potential trading opportunities. You will still need to determine what, when and how to trade - risking no more than you can afford to lose.
The licence details and download link will be sent to your PayPal account email address within 24 hours of purchase; although we aim to respond a lot quicker - check your spam folder if haven't received an email from us within a day.
We also have a Skrill and Neteller option, if PayPal is an issue where you are. Please use the contact-us form to arrange payment with these methods - note that all prices are in GBP, if you choose an alternative payment method...
A single licence allows you to run eWH on one broker account, on as many computers as you wish; or, you can have a PC_Code licence which allows you to run with multiple accounts on the one computer - for the same price. We can change the licence type on request, for no charge. Additional licences will be required if running multiple accounts on multiple computers - a discount is available for additional licence purchases for your own use.
A licence subscription can be ordered after the first year, within one month of expiration, for just £3 per month, payable annually..
Please do your own due diligence before purchasing.. We can't offer refunds or free trials on our digital products so suggest, at the very least, you watch the videos below to see what functions eWH offers and that these meet your needs. This tool is designed to support your trading decisions; aiding your own technical analysis in identifying potential trading opportunities. You will still need to determine what, when and how to trade - risking no more than you can afford to lose.
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Free Elliott Wave Label utility for MT4
.See this YouTube video for more information and this for the last update: |
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