Originally Posted by
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Hello Sareika,
Phillwon here. You state you have an indior that builds monowaves, is it that the FX5 Neely Elliott Wave V1.2, I believe this indior is programmed incorrect for Neowaves, as in a constant market like forex you will need the Low and High split by 2 to find the proper waves. Right now I use an moving average, parameters 1, simple, median (H,L/2) it works very nicely but it misses out the small moves. In case you have a different variant that will divide the low and high of each day by 2 can you help please....