The EWAVES engine has been upgraded from version 3.3 to version 3.3.1. This version:
- …uses the guidelines more effectively and now gets the correct wave count more often than the prior version according to tests against our database of iconic counts.
- …is less likely to hold an opinion that is “nearly invalid”. For example, it’s less likely to stay bullish when a wave has retraced 90% to the downside, unless of course other context strongly supports this case.
- …runs much faster than version 3.3 while maintaining an equivalent level of detail, which has been instrumental in scaling up EWAVES to cover over 20,000 markets.