Elliott Wave Indicator Suite for ThinkorSwim

image of thinkorswim logoThe ElliottWave Indicator Suite for ThinkorSwim is designed around a simple but effective Swing Trading Strategy perfected by a retired Money Manager who used this exact strategy to trade successfully over the last 12 years. The Strategy and Indicator Suite is great for Stocks, Futures and Forex trading on multiple time-frames

Included in this game changing Indicator Suite for ThinkorSwim:

    1. Automatic Elliott Wave Counting
    2. Elliott Wave Isolation
    3. Automatic High Probability Pull Back Zones
    4. Special 5/35 Oscillator
    5. Candlestick/Bar Counting Tool
    6. 6/4 High and Low Moving Averages for trade Entry & Management
    7. 4 Hour Training Bootcamp
    8. 8.Automatic Target Zones

This is the first ever Elliott Wave indicator Suite for the ThinkorSwim Trading Platform that comes with full training bootcamp, email support and monthly Live support Webinars.

Email support is direct from Paul who’s Successfull trading strategy has been used to design this Elliott wave Indicator Suite for ThinkorSwim.  Paul will also conduct live support webinar sessions each month to ensure all users are getting the most from this indicator suite and swing trading strategy.

The 4 Hour Bootcamp is conducted by Paul where he lays out all his secrets in a simple and succinct fashion and doesn’t waste time with hypothesis, but lays out well defined rules and parameters which will make any trader better after learning his methods. The 4 hour Bootcamp covers the following

  1. Understanding and identifying trends
  2. The Need to Know of Elliott Wave Theory and not all the nonesense
  3. Isolating and understanding wave counts
  4. Use of the Indicator Suite in Full with lots of examples
  5. Putting it all together ina simple but effective Swing Trading Strategy
  6. Entry Strategies using the Indicator Suite
  7. Trade Management Strategies using the Indicator Suite
  8. With More and More Examples

Unlike other indicator Suites for ThinkorSwim, this Elliott Wave indicator Suite from Wave5trade.com is built around a successfull strategy and an ethos of continual learning and support.

23 Thoughts on “ThinkorSwim Elliott Wave Indicator Suite”

    • Hi JodyThe 5th Wave is the highest probability move in a trend as all the other waves have met the rules and observations. Our Indicator suite concentrates on that move as it is the highest probaility move with the greatest success rate. In 20% of the cases the 5th wave goes through the target zone and becomes longer than the orignal wave 3 and is re-printed a wave 3 – These trades are monster trades and do happen in a strong trend.



      • So if your in a triangle, flat or and A-B-C correction the software won’t read the count and you have to wait for an impulse or motive wave to carve out its 3 waves before you get a signal?

  • Paul,

    If you previously purchased the think or swim version of your suite, do we automatically get the updated version of it? Or does it cost to get the updated version? Thanks

    • Hey Isaac, If you purchase the Software before the end of this week, I will give you a 50% discount on the stocks scanner membership. Once I see your purchase come through for the Indicator Suite I will generate a Paypal Invoice for the reduced membership fee. How does that sound?

        • Thanks Isaac and welcome on board. I have just sent the paypal invoice for the reduced first years annual membership for the stocks scanner membership. Once this is paid, I will add you to the system

          • Yes, I can do that Scanner membership for you at 50% dicount. I will send you a paypal invoice in the next hour

  • I’ve been using W5T with TOS for a few months now and it is an essential part of my trading. I have been a student/user of Elliott wave theory for a few years and using your indicator with my cycle studies is fantastic. I see that you keep updating it, too! The multi-timeframe indicator is something I haven’t seen before. Kudos for continuing the development.

  • Hey Paul, I’m interested to know how well this works with FX. Most of your videos are on stocks with some commodities. Any video you can release on FX trading using your indicator?

    • Hi Moses, Firstly if you have a hot stock watchlist and setup this on your TOS, then the Elliott Wave Indicator Suite will run in real time and identify those wave 4 pull backs as they happen. Also, has a help we have a Stocks Scanner Membership, which give you a good starting point of potential 5th wave Longs and Shorts on 60min, Daily and Weekly time-frames. These are downloadable spreadsheets every day and the membership area is here >>> http://www.scanners.wave5trade.com/ One of my trading team has also just put together a great article on our blog that discusses how to use our Ne Add-On suite for TOS to identify potential 4th wave pullbacks, you ca read this here>>> http://www.wave5trade.com/education/w5t-mtf-dot-cloud-stocks/

    • Hi Peter,

      Absolutely – You can use our indicator suite to Day Trade Stocks, Forex and Futures – Trading the 5th wave on lower time frames holds the same probabilities as swing trading. We usually find the overall trend on Swing Trading time-frames is the same as the Day Trading time frames, so that you are day trading with the main trend.

  • Hi Paul,
    The add on for Thinkorswim, will there be on for the NT8 platform as well or only for Thinkorswim?

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