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: Provides essential charting tools, multiple indicators, and a vibrant community of traders sharing ideas. While it doesn't include the proprietary Advanced GET algorithms, its Elliott Wave and Fibonacci tools are robust.
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One of the software's most practical features was the fourth-wave Profitability Index (PTI). This proprietary indicator helped answer the question that had troubled Elliott Wave practitioners for decades: "Will the fifth wave of a five-wave sequence hit new highs, or will it form a failure or double top structure?" The PTI value, derived from comparing wave three and wave four areas, provided a rule-based answer. Historical data showed that when the PTI value exceeded 35 in a wave four, the market was likely to reach new highs in a five-wave sequence. Conversely, if the PTI fell below 35, it signaled excessive profit-taking pressure, suggesting the market would form a failure or double-top structure.
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