cTrader Elliott Wave Oscillator Alerts

by Paul Hayes in category Trend at 03/11/2019

This version of the cTrader Elliot Wave Oscillator (EWO) indicator has a few alerts to inform the trader when the waves begin and end:

  • Sound
  • Popup message
  • Email

The Elliott Wave Oscillator was developed by Ralph Nelson Elliott to determine where the Elliott Wave ends and a new one starts, it has a strong relationship with Elliott wave patterns and the best readings show on the 3rd wave. It is also known as the 5/34 Oscillator due to the fact it uses a fast simple moving average of 5 and a slow SMA of 34.



Paul Hayes
Sales & Marketing
Phone: (44) 203 289 6573

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How to install
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Formula / Source Code
Language: C#
Trading Platform: cAlgocTrader
using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;

// https://clickalgo.com/ctrader-elliott-wave-oscillator

namespace cAlgo
    [Indicator(IsOverlay = true, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class ClickAlgoIndicator : Indicator
        [Parameter(DefaultValue = 0.0)]
        public double Parameter { get; set; }

        public IndicatorDataSeries Result { get; set; }

        protected override void Initialize()
            Print("It is not possible to download the software from the cTDN website. Please visit clickalgo.com");
            ChartObjects.DrawText("ShowCopyright", "It is not possible to download the software from the cTDN website. Please visit:-  https://clickalgo.com/ctrader-elliott-wave-oscillator", StaticPosition.BottomCenter);

        public override void Calculate(int index)
            // Calculate value at specified index
            // Result[index] = ...