The EWAVES engine has been upgraded from version 3.3.1 to version 3.3.2.
The relative frequency of various Elliott wave patterns (diagonal, triangle, etc.) in different positions (diagonal 1, diagonal 5, diagonal C, diagonal A, etc.) has now been more accurately represented in the model. As a result, the relative frequency of different patterns in real-time market data now closely matches that of historical data.
This improvement has led to an increase in the program’s accuracy rate, making this version more likely to achieve the correct wave count compared to the previous version when measured against our database of historical iconic counts.