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Secrets of metastock 11 manual#
Secrets of metastock 11 full#
Secrets of metastock 11 software#
Secrets of metastock 11 series#
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The indicators will help you forecast possible target prices using Fibonacci ratios.

You will see the wave number, the bars since the recognition of the wave count, a stop loss and the ROC since it has been recognized as a wave.

You can run The Explorer® that will give you all the pertinent data for your trades.

It is conservative in its approach of measuring profit, taking in account the time required to recognize a wave pattern.

Secrets of metastock 11 software#

It is using MetaStock® 8.0 or higher because the software is affordable and easy to use for most investors.The closing price is used instead of the high or low, because it is the latest available for a single day.Waves are identified within their range and are superseded by a larger order of magnitude wave since it comes from a deeper impulse. There are different time frames to encompass any movement whether slow or fast, large or significantly small.It also means that a wave can fail and this is why you still need to use stop loss. A wave must behave like a wave hence an up wave must be greater than the previous peak a down wave must be smaller than the previous trough. Waves are defined in terms of percentage movement relative to the price.Third, it is the most affordable combination for Elliott Waves Traders. Second, you will have all the tools necessary to use the concept.

Secrets of metastock 11 series#

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