1. Home
  2. Docs
  3. Reference Guide
  4. Ways to Compute a Wave Count
  5. Re-computing an Automatic Wave Count

Re-computing an Automatic Wave Count

Whenever you hover your mouse over a chart, the axis tools will display in the upper right corner of the chart, next to the price scale. Click the green “recycle” icon, as shown below, to re-run the last count that you ran on the chart.

When you re-run an automatic wave count using this technique, the same parameters that initially created the wave count will be used. This includes the Date Range as well as the Bias setting. However, any new bars that have arrived from the data feed will be included in the wave count computation.

This is a convenient way to get a fresh Elliott Wave perspective on the range of a chart that you may be tracking. However, if your goal is to update an existing stable wave count, Counting Subwaves might more effectively meet your objectives.

 

Was this article helpful? Yes 2 No

How can we help?