Among the many means of technical
for Forex market analysis, wave analysis is fundamental. Anyway
, when it comes to price changes over time, we are dealing with
waves. Elliott argued that waves are formed by the principle of
fractality, which is what I built my system on. On the same principle
the MT4 Just Waves indicator highlights waves of different levels on the chart
(up to eight wave levels) and creates graphic lines indicating
at their beginning and end.

Just Waves
it offers an objective concept of the wave, thereby opening up the widest possible possibilities.
opportunities not only for traders, but also for programmers,
developers of trading systems and analysis systems. This indicator
it was created with the aim of helping people to get rid of the
routine actions that the robot is able to do as much as possible, and to concentrate
focus on making decisions.

[spoiler title=”Read More…”]

• Level – the number of wave levels (0-7)
• WaveName – the name of the wave (by default, ” Wave”)
• VLine – if true, the indicator starts building from a bar with a vertical line on it
• VLineName – name of the vertical line (default is ” 1″)
• SelectableWaves-the ability to remove the selection on click for waves and hide them from the list of objects. 
• WavesOnBackground-the ability to draw waves in the background.
• Mode: – 0: waves are drawn based on a fixed timeframe 
             – 1: waves are drawn based on the current timeframe
• You can also adjust the color and width of the wave lines in the indicator.

[/spoiler]