Elliott Wave Tag - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resources
A simple tool to quickly get text characters on charts for use with Elliott wave letter labels/numbers.
This is a script, so put it in a script.
When you need text, just drag and drop the script near where you want to place the text. The text will appear on the next tick (or hit refresh) and you can then move each letter/number to where you want it.
To change the text, open the script in MetaEditor and make your changes. It should be clear from the comments in the code what to do to make the change.
If you want to keep multiple copies (i.e. one set of numbers and one set of letters) just save them as additional scripts with unique names.
Attachment download
📎 Wave_Labels.mq4 (3.06 KB)
Source: MQL5 #10825
Elliott Wave Tag - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resource Usage and Screening Suggestions
This content can be used as a data entry for foreign exchange EA, indicators, trading systems or quantitative strategies. When reading, it is recommended to make a judgment based on the platform version, trading type, time period, risk control method and historical discussion background. Do not use it directly based on the title or a single point of view.
If the content involves MT4/MT5, ForexFactory, MQL source code, TradingView indicators or strategy discussions, you can give priority to the parameter logic, backtest environment, market stage, execution cost and failure conditions, and then decide whether to continue downloading, reviewing or secondary development.
Risk warning
For any EA, indicator or automatic trading strategy, it is recommended to first conduct historical backtesting, simulation account verification and small capital testing. Grid, Martin, high frequency, recovery and examination strategies especially require setting the account risk upper limit, single variety risk upper limit and manual deactivation conditions.
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