Was checking the Version 11 as I am looking to switch to Pro real time. Elliott wave tool is a must have feature. The problem i am seeing in version 11 is that the tool does not allow labelling of major and minor waves with correct labelling scheme. For all waves, it has same labels ie. 1,2,3,4,5 ABC – but when you are labelling multiple wave degrees, I am not sure how this labelling works – most traders using elliott wave will have no option than to use the text and numbers to create proper lablels.

How will you distinguish Weekly level waves from daily, hourly, 5 min, min – these are all different degrees and need to be labelled correctily to make it easier. Elliott is already complex and having same label in all degree wave will make life hell. I have been using elliott for a while, i cannot make use of the tool, its not useful. You can used different sized labels, but I dont think thats going to help.

I am not sure why ability to change the wave labels has been provided, or ability to choose pre-defined labels of different degree is provided. Trading view has this feature and should be compulsory – otherwise the feature becomes pretty much useless with multiple wave degrees.

Hope this will be taken into consideration.