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Elliott Wave Helper ReadMe File

Introduction

The Elliott Wave Helper is a custom indicator designed to assist traders in performing wave analysis in the forex market. It is developed by the Forex Robot Easy Team and can be found on their website forexroboteasy.com.

Note: ForexRobotEasy is not the official developer of this product. This ReadMe file only provides a sample code that can work as described in the product. To find the official developer of this product, please refer to MQL5.

Indicator Features

  • The Elliott Wave Helper indicator provides streamlined wave analysis for traders in the forex market.
  • It can be used to identify potential wave patterns and determine market trends.
  • The indicator offers customizable settings and properties to suit individual trading preferences.

Indicator Initialization

The indicator's initialization function is called OnInit(). In this function, you can set the indicator's properties and settings specific to your trading strategy.

Indicator Calculation

The indicator's iteration function is called OnCalculate(). This function is responsible for performing wave analysis calculations based on the provided price data. It takes parameters such as rates_total, prev_calculated, time[], open[], high[], low[], close[], tick_volume[], volume[], and spread[] to access the necessary data for analysis. Modify this function to implement your own wave analysis algorithm.

Indicator Deinitialization

The indicator's deinitialization function is called OnDeinit(). This function is used to perform any necessary cleanup tasks before the indicator is removed from the chart.

Usage and Support

To use the Elliott Wave Helper indicator effectively, it is recommended to have a good understanding of Elliott Wave Theory and its application in forex trading. For detailed reviews and trading results of this product, please visit the Forex Robot Easy website.

Note: ForexRobotEasy is not the official developer of this product. We only provide sample code that can work as described in this product. To find the official developer of this product, use MQL5.

For any questions or support regarding the Elliott Wave Helper indicator, please contact the official developer through the MQL5 platform.

Disclaimer

Please note that trading in the forex market involves substantial risk and may not be suitable for all investors. The Elliott Wave Helper indicator is provided for informational and educational purposes only. The Forex Robot Easy Team and ForexRobotEasy.com shall not be held responsible for any losses incurred while using this indicator. It is advised to thoroughly test the indicator and practice in a demo account before using it in a live trading environment.

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