Indicator, Free

Elliott Wave Trend Reader

Elliott Wave is a popular trading strategy for many professional traders. It was devised by Ralph Elliott in 1938 for the first time. Elliott Wave Trend Reader is a free tool designed to read Elliott Wave counting. With this free tool, you can conduct some basic analysis + save and load Elliott Wave counting provided from your friends or from other Elliott Wave Technician. Please feel free to use this free tool at your own risk. How to use this tool is almost identical to Elliott Wave Trend itself except this free tool does not provide you the powerful Elliott wave counting and analysis features. Having said that this free tool have an full access to save and load features. For example, when Save button is clicked, you can save following objects from your charts to ElliottWaveTrend.txt file for circulation or future use purpose:

  • Trend line
  • Text (not label)
  • Rectangle
  • Triangle
  • Arrows

Then when you press load button, it will load the objects back from the text file to your chart. This convenient feature helps you duplicate some analysis automatically in the future. You can use this save and load feature for some general analysis too without using our Elliott Wave Trend. Even though this free tool does not have the powerful Elliott Wave Analysis features inside, you can still use this free tool for many different purpose. For example, you can conduct some basic analysis for your trading. In addition, the Automatic Elliott Wave Analysis feature is still remaining inside this free tool.


Published Current Version Updated Visits
22 March 2018 9.70 22 March 2018 1037